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Federal Reserve is hiding something big.
Wall street on parade ^ | Aug 3 2020 | Ms Martens

Posted on 08/04/2020 9:32:35 AM PDT by delta7

"Federal Reserve Chairman Jerome Powell and Randal Quarles, the Vice Chairman for Supervision at the Fed, have stated in testimony before Congress that they would be providing transaction level details of their Section 13(3) Emergency Lending Facilities on a regular, ongoing basis. But the three oldest of those facilities, the Primary Dealer Credit Facility (PDCF), the Commercial Paper Funding Facility (CPFF), and the Money Market Mutual Fund Liquidity Facility (MMLF), which were all created more than four months ago in mid-March, have yet to release any transaction level details to the public.

The Fed is required to provide reports every 30 days on its emergency lending facilities. Those reports are located at this Fed website. If you scroll down, you will find that transaction level reports have been provided for four of the Fed’s emergency lending programs. But the three programs listed above, which are the oldest of the programs, have no transaction level details.

Without the transaction level details, the public has no idea which Wall Street banks or trading firms are borrowing from the Fed. Without this transaction level detail, the public has no way of discerning if one or more particular banks are facing a liquidity squeeze, as happened in September 2008....

(Excerpt) Read more at wallstreetonparade.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: faketitle; fed; fedchairman; federalreserve; jeromepowell; loans
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A repeat of the 2008 wipe-out,....freedom of information act two years after that melt down disclosed $14 trillion was loaned out, most to European banks, I wonder how much our Federal Reserve is hiding during this crisis....
1 posted on 08/04/2020 9:32:35 AM PDT by delta7
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To: delta7

I’ve been told by numerous FReepers that as soon as we open up, everything will be fine.


2 posted on 08/04/2020 9:35:10 AM PDT by EEGator
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To: delta7

The world runs on Dark Money and the Central Banks make it all possible.


3 posted on 08/04/2020 9:36:27 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: delta7

I do know that nobody has confidence in buying its 30-year bonds. Maybe nobody wants its 15 year bonds now?


4 posted on 08/04/2020 9:42:41 AM PDT by Jonty30 (What Islam and secularism have in common is thp at they are both death cults.)
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To: delta7

A repeat of the 2008 wipe-out...


that was just a dry run. This will be the big one. It was not looking good even before this virus hit. I was just hoping we could hold out until after the election.

This is gonna leave a mark.


5 posted on 08/04/2020 9:44:41 AM PDT by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: delta7

With the layoffs and businesses going belly-up there must be a lot of loans going into default.


6 posted on 08/04/2020 9:45:09 AM PDT by plain talk
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To: delta7

Do be aware, the Federal Reserve was making up to $20 billion a night in short term overnight market loans that started in the summer/ fall of 2019, well before the market crash in March-April 2020. A Freedom of Information Act was filed as to who they were ( and still are) making these loans to, their official reply was we will not disclose that information, the Federal Reserve is a private organization. Expect our current financial situation to accelerate and exceed the meltdown of 2008, in severity, intensity and duration. Information I have is to expect extreme “ market dislocations and illiquidity” into 2024.


7 posted on 08/04/2020 9:48:19 AM PDT by delta7
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To: delta7

Well, a country can’t shut down its economy and throw tens of million of people off their jobs —and onto welfare Type payments ( triple sized ones at that) —— and expect no economic damage. Self- inflicted wounds are still wounds. And they can be very serious ones, too. (To his credit, pdjt had our economy recovered from the eight year Obama Great Recession. but alas the DNC Demo Nazi Commie seditionists managed ( very cleverly) to send all that good work right down the drain with this ridiculous Virus scare)


8 posted on 08/04/2020 9:52:00 AM PDT by faithhopecharity (Politicians are not born, they’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: delta7

9 posted on 08/04/2020 10:02:59 AM PDT by yoe (Want to HELP the Slave Trade and Drug Cartels in USA? Vote for a democrat........)
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To: delta7

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10 posted on 08/04/2020 10:03:40 AM PDT by Dick Bachert (THE DEEP STATE HATES YOU!)
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To: delta7

Checking on the amounts I found a huge surprise, much greater than thought. Keep in mind the huge overnight repo loans started 6 months before this current crisis, and as the recipients are “ undisclosed”, we can assume a huge, historic crash WAS NOT averted, but covered up / delayed by the huge loans and grants issued by the Fed to “ cover” the “ Covid” crisis. It appears this crisis is not even close to shaking out, prepare accordingly, as the secrecy is damning.

“The New York Times reported in September 2019 that an estimated $1 trillion per day in collateral value is transacted in the U.S. repo markets.[1] The Federal Reserve Bank of New York reports daily repo collateral volume for different types of repo arrangements. As of 10/24/2019, volumes were: secured overnight financing rate (SOFR) $1,086 billion; broad general collateral rate (BGCR) $453 billion, and tri-party general collateral rate (TGCR) $425 billion”


11 posted on 08/04/2020 10:06:45 AM PDT by delta7
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To: cuban leaf

You are correct, unfortunately.

I just reviewed gold prices over the last 30 years. They are at their highest now.


12 posted on 08/04/2020 10:12:33 AM PDT by sauropod (I will not comply.)
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To: faithhopecharity

My point is being missed, we were in an extreme banking crisis 6 months BEFORE the Covid crash hit. The Covid crash as I call it was piled on top of it. Expect the third “ hit” ( consequences of the huge repo loans + Covid bailouts = ?) after September....it is going to be a long, hard next four years.


13 posted on 08/04/2020 10:16:04 AM PDT by delta7
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Massive theft going on making 2008 look like a pick pocket.

But keep spending all your time arguing about masks.


14 posted on 08/04/2020 10:16:36 AM PDT by proust (Justice delayed is injustice.)
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To: sauropod

I also wonder if the explosion in Beirut is just another fireworks display or if it was something more. I don’t think it was nuclear, but it was as big as a nuke.

I went to this site: https://nuclearsecrecy.com/nukemap/

I then put the epicenter at the port in Beirut and selected the hiroshima bomb. It created a SMALLER blast radius than this blast did. i.e. it may not have been a nuke, but it was as powerful as one.

But I may be off topic...


15 posted on 08/04/2020 10:16:48 AM PDT by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: delta7

I have noticed those who are perennial gloom and doomers predicting a cataclysmic crash (to end all crashes) in the financial markets are all short sellers.


16 posted on 08/04/2020 10:20:11 AM PDT by billyboy15
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To: delta7

Expect to hear the word “reset” more and more in the very near future. The coin “shortage” is first indication that something is going on.


17 posted on 08/04/2020 10:20:26 AM PDT by Disambiguator
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To: cuban leaf

Difficult to tell from the video I saw.

My guess is that it was a bunker or a buried ammo magazine. Burying/confining something like that enhances the yield of the explosion.

It looked fairly large from the speed of the blast wave traveling 1st.

I’m not convinced it is not a conventional event.

And, there was a fire befire this, correct?


18 posted on 08/04/2020 10:20:51 AM PDT by sauropod (I will not comply.)
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To: sauropod

Yes. My current take it was conventional. One thing odd though is that usually such explosions are lots of explosions, as opposed to one really massive one.


19 posted on 08/04/2020 10:22:27 AM PDT by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: delta7

Stop worrying. Just go long on Lima Beans and short Rutabaga and you’ll be fine.

Timing is everything.


20 posted on 08/04/2020 10:23:05 AM PDT by billyboy15
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