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There are few remaining "aces in the hole"

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  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The FED used $3.7 TRILL in back door maneuvers over the past few years. They injected $1.7 TRILL into FED bank reserves since Sept. 2008. The FED foreign custodial
    account has grown by up to $400 BILL/yr and >$1 TRILL in the past few yrs. Seems to me they have numerous means to inject bankster liquidity w/o congress having to approve it.

    And these are only some of the methods they've told us about or are readily visible. Don't know what they'll do next, but they may already be doing it.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    They will sit back and allow markets to find their true value (crash) and smile as everyone runs to T. Bonds for safety. Expect PMs to take a hit in the process.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    roadrunner brings out an especially relevant point. $3.7 trillion with no real accountability. What makes anyone think that anything has changed even one iota?

    All talk. No cuts. More spending, you can take that to the bank. The only problem is that the spenders aren't the ones doing the earning.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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