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Old 26th Mar 2020, 01:37
  #71 (permalink)  
Paragraph377
 
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Originally Posted by kingRB
credit markets wont be locking up - just look at what the US Federal Reserve announced on sunday night

https://www.bloomberg.com/opinion/ar...ld-of-leverage

"“there is an infinite amount of cash in the Federal Reserve. We will do whatever we need to do to make sure there’s enough cash in the banking system.”

If that statement alone doesn't chill you to the bone, I don't know what would.

When people start wondering why we pay taxes when Federal Reserves can print "infinite cash" - the system is going to collapse.
Yep. They’ve got to keep that Ponzi scheme going until the very last minute. Quantitative easing, zero to negative interest rates, whatever they can do to keep a dead system alive. The USA alone has a likely debt of $250 trillion. The collapse has started and a painful reset is inevitable. The Federal Reserve is a joke, it isn’t even a bank. It’s a private cabal. People don’t even realise that.
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