Federal Reserve

While we're all sitting around contemplating our dwindling stocks of toilet paper and hand sanitizer, you might have noticed that there's an awful lot […]
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Our doctors and nurses are being thoroughly mobilized and worked to limit… Many cases receive no attention at all.
— Acting Governor Calvin Coolidge, Massachusetts, 9/25/1918

Thomas Massie explains that the Coronavirus stimulus bill is the largest wealth transfer in human history and would make Roman emperors blush. He warns of a fourth stimulus bill, insider trading and continuing lockdown.

Jerry Day explains why the tests for coronavirus are worthless. The tests have been used on dead people to create false death statistics. Day points to the real crisis, which is economic, caused by debt and policies of the banking cartel called the Federal Reserve.

The Treasury, financed by the Fed, now is buying securities and backstopping loans, essentially nationalizing large swaths of the financial markets. The Fed announced $1-trillion a day in repurchase agreements (repo loans) and unlimited quantitative easing.

What is the difference between the laws of nature and the laws of economics?
If you don’t know the answer to that question, it is that the laws of nature are immutable while the laws of economics are not. In other words, the laws of economics are not really laws, they are statements about the human condition that are flexible.
For example, Say’s Law states that production creates its own demand. That is true up to a point, but only if a manufacturer is producing a product someone wants to buy.

Federal Reserve Chairman Jerome Powell cut interest rates to zero, launched unlimited quantitative easing (money creation), has committed to buy $1-trillion in Treasury Bonds and mortgage-backed securities, and municipal bonds. All this adds up to a death warrant for the American economy.


Everything here is contained in mainstream media reports. Today I give a summarized analysis of yesterday’s stream with a few minor updates. Since YT attention spans are actually 20 mins or less, I thought a boil down would be appropriate. I cover the techno roll out, UBI, red flags and b.o. issues, the white papers and the centralization in COG. The full analysis is here.

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in making matters worse. The government then pulled out all the stops. To our staunchly capitalist leaders, socialism is suddenly looking good.