Department of Treasury calls in a $2.8 Quadrillion debt against THE FED

So they are going to print more money?

IF true, then,

Five stars.

And while all of America is talking about a fake lynching... the real world turns upside down.

Investors won’t miss this. It will be an interesting weekend. And probably not in a good way.

Trump et. al. begin the take-down of the fed. Game on.

It's a bit vague...so I guess we shall wait and see.
Q sent me.

So they will issue 2.8 quadrillion and make inflation skyrocket, while dollar value related to other currencies go rock bottom? I hardly think so.

What would they do with it? That would make a huge wall.

check my math by 2.8 quadrillion/350 mill is 8 mill each.

2800000000000000/350000000 US pop = 8 million each.


gibs me dat!

Wonder why so many countries around the world are dropping/unpegging the dollar from their currencies?

That is 2,800 Trillion dollars.

I don't even think you would have the paper to print that kind of debt.

That number is unfathomable to human beings. Nothing relates except maybe the distance between stars.

From his insider connections no doubt.

Wow. Who the f is Tank?

Yeah.

Nope.

"The Fed was originally envisioned as a source of liquidity for U.S. banks doing business in the United States. The presumption was that any specific failure in the banking system subject to the Fed’s oversight would be offset by the available cash from the government. The Fed centralized credit risks associated with the banks’ lending portfolios.

But Fitz-Gerald points out that in today’s environment credit is diffused globally – beyond the Fed’s reach. For example, there’s an estimated $600 trillion to $1.5 quadrillion in derivatives products worldwide right now.

That’s why, in addition to bailing out U.S. banks, the Fed spent $350 billion bailing out 35 foreign banks between Oct. 27 and Aug. 6, 2009, and has spent hundreds of billions since (the latter point is one most people don’t realize).

In other words, there’s so much money sloshing around, the risk it holds actually dwarfs the Fed’s liquidity capacity.

“The Feds around the world could print money till the end of time and they still wouldn’t be able to print enough to guarantee liquidity,” Fitz-Gerald said. “Yet they will continue to try because that’s the only way they keep the illusion going.”

[link to etfdailynews.com (secure)]

Quadrillion?? I read too fast—that is a pretty high number you’re sayin’ there.

Will need to wait a bit for confirmstion. Not too sure about that site.