And how many are familiar with the ''Going Direct'' scam implemented in 2020 by the Fed and BlackRock...Americans have no idea how much their being manipulated and screwed...
In March of 2020,the FED 'printed' $20T bucks and allowed BlackRock to run an ''off-books'' balance sheet for the FED using bank reserves...At what costs?...Well,they broke consumer goods inflation,they broke energy markets,they broke lumber,oil,and NatGas,they broke the physical metals markets...
''Going Direct reset'' changed everything,banks at 0% reserves...BlackRock operating as a 'hedge fund' for the FED directly with reserves,not even ultra low interest rate loans...They can do whatever they want to asset valuations...Implications are staggering to say the least...The transfer of funds from the FED to BlackRock so that the ''taxpayers'' pay for ALL of BlackRock losses was,and is,just absolutely stunning and corruption to it's core...
Of course Vanguard was also added to the list of FED fiduciaries...Not only do they get to subsidize their losses and junk asset valuations,but they also get to hoover up real estate with downside risk because the monet they get is,quite literally....FREE!!!!...The FED can use BlackRock and Vanguard to run a 'separate' balance sheet completely off the books...Bank reserves were never supposed to be monetized...Going Direct is QE on steroids...
2020 was the death of money itself...It may have been on life support before,hanging by a thread,but it's a full on 'Zombie Economy' now,and 'deep down',everyone knows it...
All we're waiting for now is for some external entity to call the Great American BLUFF....That would be ''BRICS''!!!!
https://wallstreetonparade.com/2020...by-three-central-banks-to-implement-the-plan/