So The Federal Reserve Does Not Create Trillions of Dollars out of thin air?

Discussion in 'Politics' started by jem, Jan 9, 2020.

  1. jem

    jem

    "The Fed’s minutes also acknowledge that its most recent actions have tallied up to “roughly $215 billion per day” flowing to trading houses on Wall Street. There were 29 business days between the last Federal Open Market Committee (FOMC) meeting and the latest Fed minutes, meaning that approximately $6.23 trillion in cumulative loans to Wall Street’s trading houses had been made in that short span of time.

    During the 2007 to 2010 financial collapse on Wall Street – the worst financial crisis since the Great Depression, the Fed funneled a total of $29 trillion in cumulative loans to Wall Street banks, their trading houses and their foreign derivative counterparties between December 2007 and July 21, 2010. At the pace it is currently going, it would eclipse that $29 trillion before the middle of this year."


    https://wallstreetonparade.com/2020...ion-to-wall-street-in-recent-six-week-period/



    For those posters who have lied about the bank being privately controlled and creating money out of thin air...

    Here is proof the Fed Reserve Creates US dollars at will....
    I once again ask these questions.

    Where did this 6 trillion and counting come from?

    Did Congress authorize this?
    Did Congress borrow the money to fund this?


    Who authorized the creation of 29 trillion for the bank bailout?

    Finally, So being that the Federal Reserve creates trillions of dollars at will and thereby pumps massive inflation into the system... which is a massive tax on savings and our future...

    Why is our govt borrowing money at interest when they could create it? .
    Why do we have income taxes?

    If you want more proof on this... try searching google like this...


    Search Results

    Web results
    Federal Reserve Admits It Pumped More than $6 Trillion to ...

    https://wallstreetonparade.com › 2020/01 › federal-reserve-admits-it-pump...

    3 days ago - By Pam Martens and Russ Martens: January 6, 2020 ~ If the Federal ... trillions of dollars in cumulative repo loans it has funneled quietly to Wall ...
    Missing: economy ‎| Must include: economy
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    People also ask
    How much money has the US printed since 2008?

    Can central banks keep printing money?

    How does the Fed inject money?



    What is the repo market?



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    Web results
    Fed Adds $72.8 Billion to Markets, Balance Sheet Moves to ...

    https://www.wsj.com › articles › fed-adds-72-8-billion-to-markets-balance-sh...

    Dec 6, 2019 - The Fed has been intervening in markets since mid-September, when short-term ... 6, 2019 12:32 pm ET ... On Thursday, the Fed reported that its balance sheet had risen from $3.8 trillion in September to $4.07 trillion as of Wednesday. .... Fed's Richard Clarida: U.S. Economy Begins 2020 'In a Good Place'.
    Fed Adds $76.9 Billion in Overnight Money to Markets - WSJ

    https://www.wsj.com › Markets › Credit Markets

    3 days ago - The New York Fed added $76.9 billion in temporary money to financial markets via ... 6, 2020 9:37 am ET ... Late Thursday, the Fed reported that its balance sheet had risen to $4.17 trillion as of Jan. ... The Fed has been adding substantial amounts of liquidity to markets to ensure that the .... U.S. Economy.
    Fed to pump nearly $1.2 trillion into the financial system - ABC ...

    https://abcnews.go.com › Business › story

    Fed to pump nearly $1.2 trillion into the financial system. ... The Dow Jones industrial average surged 91 points, to 7487, on news of the Fed's actions.
    The Fed pumps another $75 billion into markets and says ...

    https://www.businessinsider.com › News › Stock News

    Sep 20, 2019 - 05:26:23 PM EDT 1/6/2020 ... The central bank pumped another $75 billion into financial markets Friday and announced ... Fed Chairman Jay Powell said Wednesday the repo operations had been temporary ... market participants, they have no implications for the economy or the stance of monetary policy.

    $9 trillion and counting: How central banks are still flooding ...

    https://money.cnn.com › economy › central-banks-printed-nine-trillion

    Sep 9, 2016 - ... central banks have pumped more than $9 trillion into the global economy since ... to the value of all the goods and services the U.S. produces in six months. ... The Federal Reserve alone has injected $3.9 trillion dollars via ...

    Fed balance sheet: Here's what Wall Street thinks will happen

    https://www.cnbc.com › 2019/10/10 › fed-balance-sheet-heres-what-wall-s...

    Oct 11, 2019 - Here's how the Fed's balance sheet expansion that's got the market excited is ... Investors likely will have to wait a few weeks before finding out how the Federal ... easing “money-printing” program to goose a slowing economy, or is it ... The intent will be to find the right amount of reserves to pump into the ...
    Why the US Repo Market Blew Up and How to Fix It - Bloomberg

    https://www.bloomberg.com › news › articles › why-the-u-s-repo-market-...

    3 days ago - To keep markets running smoothly at the end of 2019, the U.S. Federal Reserve pumped half a trillion dollars into an obscure but crucial part of ...
    Recent balance sheet trends - Federal Reserve Board

    https://www.federalreserve.gov › monetarypolicy › bst_recenttrends

    During the 2007-08 financial crisis and subsequent recession, total assets increased significantly from $870 billion in August 2007 to $4.5 trillion in early 2015.

    Fed Will Inject $1 Trillion More Into the Economy - The New ...

    https://www.nytimes.com › 2009/03/19 › business › economy › 19fed

    Mar 18, 2009 - Fed Plans to Inject Another $1 Trillion to Aid the Economy ... on Wednesday, announcing that it would pump an extra $1 trillion into the financial ... $300 billion worth of longer-term Treasury securities over the next six months. ... In effect, the central bank has been lending money to a wider and wider array of ...
     
  2. jem

    jem

    by the way I am not saying get rid of the Fed.
    I am saying inflation is already a massive tax.
    The money is being created anyway.
    Lots of people fed on the Fed Bank and Fed Govt trough.
    Business and individuals...

    The only fair thing to do to create income equality in the long run for hard working non .2 percenters who are not getting this free money .... is eliminate income tax. Those not earning govt money or Fed Bank money should not have to pay income taxes. We already get hurt by the massive inflation tax.


    In short all money received from the govt or from the FED reserve is taxed.
    All individual income under 5 million a year is not taxed.

    When we have this much inflation and money creation. Just cap govt spending. Eliminate personal income taxes and cap the budget until we inflate into it.

    It wont't hurt anyone but the elites who don't want us to compete for politicians and other asserts.

    If you don't understand exactly what I am saying about caping the budget and inflating into it.... think some more.

    Its the perfect solution when you have Federal Reserve creating trillions and trillions of dollars.
     
    Last edited: Jan 9, 2020
  3. SunTrader

    SunTrader

    How else is the gubmint going to come up with the $588,000 (to date) spent at Dump Golf Courses for Secret Service agents carts to ride along with Prez CombOver.
     
  4. Tony Stark

    Tony Stark


    Welcome back Jem\TCJustice

    When will the 2020Jem algo kickoff?
     
  5. wildchild

    wildchild

    Tony Stark is not American.
     
  6. Tony Stark

    Tony Stark

    Source
     
  7. Buy1Sell2

    Buy1Sell2

    Your own postings.
     
  8. UsualName

    UsualName

    All of these trillions are now in the Clinton Foundation as payment for Hillary’s role in uranium one.

    It’s a secret plot to import more illegal immigrants into America to form an army and take your guns.

    Watch out.
     
  9. Tsing Tao

    Tsing Tao

    There is no doubt that the Federal Reserve is doing everything it can to pump all time highs in the market, doing its best to prevent a much needed correction at the expense of the future (through a desperate attempt to hold the repo market stable).
     
  10. wildchild

    wildchild

    If the Clinton Foundation was strictly for charity work, why would its funding sources dry up after Hillary lost?


    Clinton Foundation’s revenue hit 15-year low after 2016 presidential election
    https://www.opensecrets.org/news/2018/12/clinton-foundation-revenue-low/
     
    #10     Jan 10, 2020