9c096c No.368571
Federal Reserve To Print Another $2 Trillion To Bailout Corrupt Insolvent Stooges, Further Devaluing Dollar
RELATED: >>>/pnd/368517
To save the criminal bankers, the private Federal Reserve is expected to inject another $2 trillion into the United States banking system, which is certain to trigger hyperinflation.
Strategists at JPMorgan Chase, one of America’s kingpin banks, have been discussing what the Fed’s new “emergency” lending program will entail now that Silicon Valley Bank (SVB) and numerous other lenders have gone under.
Called the Bank Term Funding Program, this emergency mechanism is designed to sweep under the rug all the financial corruption that got us into this mess in the first place, punishing the common man with even higher inflation and a lower standard of living.
“The usage of the Fed’s Bank Term Funding Program is likely to be big,” JPMorgan strategists wrote in a client note on Wednesday.
The reason why these JPMorgan analysts are throwing out the $2 trillion figure is because that is the maximum usage amount that was established – at least until the powers that be decide to up it even more, much like they do to the debt ceiling every time it is reached.
Currently, the U.S. banking system as a whole is said to hold reserves of around $3 trillion, most of which is held by the largest banks. Smaller banks, many of them in even worse shape than the big guys, are the likeliest candidates to take advantage of the Bank Term Funding Program.
SVB was considered a mid-sized bank, as were the other banks we were told about that collapsed around the same time. SVB took a $1.8 billion loss on a forced $21 billion bond liquidation, which prompted the now-failed bank to ask for $2.25 billion in new capital to fill the gap.
As this was all taking place, depositors rushed to withdraw their money, which we now know preceded the total collapse of SVB. And without emergency new cash from the Fed, many other banks will, and likely already would have, followed suit.
“Unrealized losses on securities have meaningfully reduced the reported equity capital of the banking industry,” said Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg, who further warned that U.S. banks are collectively sitting on unrealized losses on their bond holdings of around $620 billion.
Unrealized losses of this magnitude weaken the ability of all affected banks to meet their liquidity needs because less cash is generated when the sale occurs, typically because the amount of regulatory capital falls below required thresholds.
Despite all this, Gruenberg wants everyone to still believe that America’s banks are “generally in a strong financial condition and have not been forced to realize losses by selling depreciated securities.”
At some point, though, these banks are going to have to realize those losses – or at least they should have to realize those losses. If the Fed continues to inject emergency liquidity into their balance sheets, these banks will artificially survive for a little while longer while Americans are forced to pick up the tab.
https://citizens.news/708399.html
____________________________
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
e8d4fb No.368572
Inb4 capitalism gets blamed and "we need more government to fix this REEEEE!!!" once this failed corrupt Keynesian policy causes hyperinflation. I know that day is near. And Inb4 central bank digital shit-currency with a shit-social credit score is introduced, and the shitheads flock to adopt it, further locking themselves up in the chains of endless strings attached, clot shot passports and all.
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
e8d4fb No.368579
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
3eb8fc No.368583
lol AMERICA IS PUTTING YOUR STUPID WHITE TRASH CAVEMAN IN A PRISON CELL
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
f8988b No.368617
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
970f24 No.368661
bumping legit news in a third world failed state
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
000000 No.368847
YouTube embed. Click thumbnail to play. Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
b67fe2 No.368867
bumping third world news to a third world near you
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
b67fe2 No.368890
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
bfb483 No.368975
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
73f3d2 No.369029
>>368571
Hah! Jokes on them. I own nothing but debt and assets that appreciate with inflation.
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
1b9d01 No.369033
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
7c30d9 No.369055
bumping factual give-a-fucks!
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
681d44 No.369198
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
959929 No.369235
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
099e84 No.369432
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
000000 No.369713
Bitchute embed. Click thumbnail to play. Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
13d288 No.370051
bumping non-State-run news
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
37b8b7 No.370148
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
bfb483 No.370229
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
b05956 No.370885
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
f17258 No.371583
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
6efb88 No.372037
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
f8988b No.372309
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
6a42dd No.372457
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
40a8c8 No.373719
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
7c30d9 No.373882
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
23f5f0 No.374613
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
c8bf4c No.375151
bumping thought-provoking news
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
40a8c8 No.375819
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
c26ba0 No.376448
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
a189a4 No.377065
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
f8988b No.379244
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
40a8c8 No.380505
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
202a10 No.381836
Despotism is as cruel as it is stupid.
Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.