/biz/ - Business & Finance

>>18140888
>>18140888
This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.

So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.

In 2008 when something similar was done, it was on a smaller scale. Since few understood it, the Bush and Obama administrations ceded total control of those acronym programs to then-Fed Chairman Ben Bernanke. He unwound them at the first available opportunity. But now, 12 years later, we have a much better understanding of how they work. And we have a president who has made it very clear how displeased he is that central bankers haven’t used their considerable power to force the Dow Jones Industrial Average at least 10,000 points higher, something he has complained about many times before the pandemic hit.

>>18140922
When the Fed was rightly alarmed by the current dysfunction in the fixed-income markets, they felt they needed to act. This was the correct thought. But, to get the authority to stabilize these “private” markets, central bankers needed the Treasury to agree to nationalize (own) them so they could provide the funds to do it.

In effect, the Fed is giving the Treasury access to its printing press. This means that, in the extreme, the administration would be free to use its control, not the Fed’s control, of these SPVs to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.

If these acronym programs were abused as I describe, they might indeed force markets higher than valuation warrants. But it would come with a heavy price. Investors would be deprived of the necessary market signals that freely traded capital markets offer to aid in the efficient allocation of capital. Malinvestment would be rampant. It also could force private sector players to leave as the government’s heavy hand makes operating in “controlled” markets uneconomic. This has already occurred in the U.S. federal funds market and the government bond market in Japan.

Fed Chair Jerome Powell needs to tread carefully indeed to ensure his cure isn’t worse than the disease.

All via Bloomberg article from today GET THE FUCK IN HERE

>>18140888
>>18140922
checked. I'm reading.
Go on...

>>18140931
https://www.bloomberg.com/opinion/articles/2020-03-27/federal-reserve-s-financial-cure-risks-being-worse-than-disease

>>18140957
Honestly I don't know enough about BSV but there might actually be something here and it seems likely with recent legislation being proposed blockchain/DLT will play a huge roll. Decentralized Oracles are even present in the legislation as well and European central banks are using LINK indirectly via R3. This shit is about to get real

>>18140888

>That image

That explanation is schizo as fuck. This is very common among depictions of Christ. He is after all, half-man half-God.
Note the human imperfections on one side and the ideal on the other.

How many fucking threads are we going to have on this?

If and this is a big fucking IF this actually works the way this OPINION piece is written, do you think for one second Pelosi and Schumer would have let this slip by them? Short answer is fuck no!

So what do i do to profit off this?
Where do i put my money?

>>18141013

No the ideal is the synthesis of the two. Check out Natural law. You need passion/desire to enact change and compassion and higher thought to control it

>>18141053
It's almost 100% guaranteed bullshit

>>18141059

If I google 'Natural Law' there are a million hits can you be more specific.

>>18141053
LINK and maybe BSV. Ironically EOY will be madness it appears. The halvening has me concerned though usually the price dips hard right after and then we moon some months later but goddamn we have already taken some serious hits from Corona Idk how low we will go, but then again past results aren't entirely indicative of the future.

>>18140995
It's worth looking into and getting a stack

>>18141108
Yes Mark Passio has a 7 hour presentation. Watch the whole thing..ALL of it, even in pieces if you have to.

>>18141109
KYS you useless fucking shill

>>18141108
You’re following the advice of idiots who think they are deep and base their world view on larp posts

>>18141109
well, I was reading predictions by some people that have been historically accurate with the prices.
I have to agree with their models, we're probably looking at a low of around 1500-2500 very soon.

>>18141127

>Meat eaters are engaging in a violent dogmatic religion
-Mark Passio

Sounds like a paragon of nuance. Dropped.

>>18141045

Ironically Pelosi and Schumer have been pushing the digital dollar legislation among other things. At this point they might be compromised and no choice but to be on board. This guy is laying out the exact steps in which case the Treasury essentially has the ability to print money now. There is nothing opinion about it.

>>18141131
I'm not a shill you faggot I bought LINK 3 years ago after much deliberation. I'm literally out performing the largest hedge funds year over year. Go back to your faggy "Landlords are evil threads" faggot

Crazy shit going on right now. It seems like the Fed wanted to crash the economy even further and Trump stepped into stop it. Shits scary actually. We might see a new dollar soon.

>>18141164
That is his opinion and I don't agree with that although I'd say getting meat in any other way than hunting is likely immoral to some degree. Natural Law is about free will + deterministic systems that guide us.

>>18141109
Sergey Nazarov was for real one of the 100 People CSW were following back when he was on Twitter

>>18141190
Dude...you really need to go outside or spend your time doing actual academic learning. Not spending your time on forums thinking you’re getting smart.

>>18141207
Indeed they are so many things going on and its not just the US. Many other Central Banks are farther ahead and already looking to make digital forms of their currency. Some using R3 and indirectly LINK

>>18141245
I've unironcially accrued more wealth from things on /biz and other various forums than I have from college and the systems that we are told to learn from. It sounds like you are projecting maybe you should go outside, wtf do you care what I do? I won't be replying anymore to you

>>18141233
Hmm thats interesting perhaps I should check out some of that although I don't think I'll buy BSV. I might regret it but I have my bets made already and I'm pleased with them.

so basically we're allowing the treasury to keep pumping the bubble long enough to the big players to exit the market?

>>18141250
Every country with central bank had their economy crash, and retirements were redistributed. Socialism? Then the banks bought assets and nationalized them.

>>18141301
Potentially. We could also potentially be entering a new era of untold abundance. As of now the banking cabal is taking a serious hit and no longer controls the printing press which is a good start

>>18141314
>>18141314

National Socialism? Idk it seems like this whole process will take towards the end of the year if not a bit longer.

>>18141314
Ideally blockchain and DLT will be used to reign in the debt and inflationary practices we have now maybe tether it to something deflationary. The fact that this is happening at all seem to be a good thing

>>18141233
>>18141291
KEK Craig only followed him to collect evidence so he could submit his fraud to the SEC

>>18140888
So what do I do? Hold onto my crypto? (i'm mostly in PNK). Cut my trad market shorts?

>>18141013
He is not half-God. He is God.

>>18142044
it is possible for tainted mortal blood to reach godhood

It's just stimulus money bros. The government owes it to us after giving all the free gibs to lazy no-skill 2nd grade education tongue-babbling unbathed immigrant 3rd worlders.

>>18140957
>redbox
Bytecorn is unironically a better baselayer than gold for fractional reserve banking because you can always audit the reserve to know if they're bullshitting or not. It is not immune to heebs putting a fractional reserve system on top of it though.

>>18141190
You are a fucking shill, now fuck off and KYS you useless sack of shit!

>>18141109
vishnu will win

>>18142392
I'm going to be one wealthy sack of shit that is I'm well on my way stay mad faggot. I don't even work a normal job anymore just trade crypto short term while my long term holdings will get me to a point I'll live off of real estate, divs, staking. No one even shills LINK here anymore all they do is demoralize shill to get people to sell.

>>18141948
Pick up LINK is all I can say. Shoot for 5K at least if possible. PNK is solid as well but I don't hold any myself. LINK is just the most solid bet for the future.

>>18142351
We're never going to have a perfect system but yes it's an extra layer of security. Much better than what we had. Buy BSV