/qrb/ - QResearch Bunker

DOUGH

https://fullchan.net/?485e34e37642b22b#54miy5AXDEwzu8PTCCpQ2nK2b41YcMjhYkmBjJ44YDyo

>>72997

tyw

>>73000

yvw

Fed Chair Powell Got a Lesson in Economics from Senator Lummis: U.S. Households Are Sitting on the Highest Level of Bank Deposits in the Past 68 Years

Senator Cynthia Lummis (R-WY) is the first woman from Wyoming to ever serve as a United States Senator and she has a coveted spot on the Senate Banking Committee. Lummis holds three degrees from the University of Wyoming — in Animal Science, Biology and Law. Today, during a Senate Banking Committee hearing with Fed Chair Jerome Powell, Lummis proved she knows a thing or two about economics and the money supply.

Lummis came armed with the above oversized chart for her colleagues and Powell to ponder. Lummis told Powell the following:

“M2 data shows that deposits and close substitutes held by households have generally averaged 51 percent of GDP from 1952 to 2021. But then data from the end of Quarter 1 of 2021 shows that households are sitting on deposits and close substitutes of approximately 79 percent of GDP today. So that’s roughly 28 percent [increase] or trillions of dollars above the historic average. “So going back to 1952 there’s never been a higher percentage of household deposits to GDP. Monetary policy has also been highly accommodative over the last 16 months to the tune of 32 percent increase in the M2 money supply. “So I haven’t heard anybody talking about this hidden stimulus. And when households start to spend this cash, combined with the enormous liquidity already out there, it seems there’s real potential for inflation to continue to overshoot. We’ve already seen it this week as the core consumer price number was nearly double what economists had predicted.”

Powell said the Fed is keeping a close watch on the inflation numbers to see when it might be appropriate to begin tapering its asset purchases. Currently, the Fed is buying $80 billion a month in U.S. Treasury securities and $40 billion a month in agency Mortgage Backed Securities (MBS). Powell said the other thing he would point out is that there are still a lot of unemployed people out there and he thinks it’s still appropriate for the Fed to remain accommodative and supportive of economic activity. He paused briefly and then added: “for now.” We decided to check out the Lummis chart to see how it translated into actual deposits. According to the Federal Deposit Insurance Corporation, as of March 31, 2021 federally-insured banks and savings associations in the U.S. held $16.9 trillion in domestic deposits. That compared to $14.3 trillion at the end of March 31, 2020 and $12.68 trillion at the end of March 31, 2019. In a two-year span, domestic deposits have soared by 33 percent.

So, Senator Lummis is correct. There are “trillions of dollars” – $4.22 trillion to be exact – sitting in bank deposits that wasn’t there two years ago.The biggest danger related to these trillions of dollars in excess deposits is what the mega Wall Street banks that are holding the bulk of that money do with it in the meantime.

https://wallstreetonparade.com/2021/07/fed-chair-powell-got-a-lesson-in-economics-from-senator-lummis-u-s-households-are-sitting-on-the-highest-level-of-bank-deposits-in-the-past-68-years/

She a Bitcoin HODL'er

Bitcoiner Elected to US Senate: Cynthia Lummis Sees ‘Great Promise’ in Bitcoin

https://thebitcoinnews.com/bitcoiner-elected-to-us-senate-cynthia-lummis-sees-great-promise-in-bitcoin/

dis fugger better be glad the 1st amendment applies to him too...

‘Let Them Die’: Fairfax NAACP Leader Speaks Against Anti-Critical Race Theory Parents

https://www.breitbart.com/education/2021/07/16/let-them-die-fairfax-naacp-leader-speaks-against-anti-critical-race-theory-parents/

Treasury Secretary Janet Yellen to discuss stablecoins with regulators next week

U.S. Treasury Secretary Janet Yellen will meet with the President’s Working Group on Financial Markets-see below for background on it's creation after the Black Monday Crash of October, 1987- next week to discuss the role stablecoins could play in the financial system.

The meeting will take place Monday and include representatives from the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, the Treasury announced Friday.

Stablecoins are digital currencies designed to be less volatile than other cryptocurrencies by pegging their market value to an outside asset like the U.S. dollar. “Bringing together regulators will enable us to assess the potential benefits of stablecoins while mitigating risks they could pose to users, markets, or the financial system,” Secretary Yellen said in a statement Friday. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities.” Regulators have become increasingly concerned about transparency in the trading of stablecoins, the reserves backing them and how much market participants rely on them to enable trading in decentralized finance, also known as DeFi. They’re growing in popularity and interest. Earlier this year, Visa said it would begin supporting payments on its network in the dollar-backed stablecoin USD Coin.

As more companies with cryptocurrency businesses go public or prepare to do so, like Coinbase and Circle, the industry needs further regulatory clarity on stablecoins. On Thursday, Federal Reserve Chairman Jerome Powell acknowledged before the Senate Banking Committee that stablecoins would need “an appropriate framework.”

https://www.cnbc.com/2021/07/16/treasury-secy-janet-yellen-to-discuss-stablecoins-with-regulators-next-week-.html

Secrets Of The Plunge Protection Team

There are just four people who control all of the U.S. markets through their use of dangerous and explosive DERIVATIVES. They are risking the assets and retirement funds of all Americans. Because of their manipulations, especially since 2001, U.S. financial markets are now based on the gambling whims of a special fraternity of Federal Government DERIVATIVE dealers. This group is known among Wall Street as the Plunge Protection Team (PPT). Their "official" role was to prevent another 1987 "Black Monday". They have the entire U.S. Treasury at their disposal to manipulate the markets through DERIVATIVES (futures options). In other words, they are using the assets behind the U.S. Treasury to rig the prices of commodites (gold, currencies, etc.) and stocks. This fraternity comprises of Fed Chairman Alan Greenspan, the Secretary of the Treasury, and the heads of the SEC and the Commodity Futures Trading Association. It works closely with all the U.S. exchanges and Wall Street banks, including the largest DERIVATIVE risk holders Citibank and JP Morgan Chase. Few people are aware of Executive Order 12631 signed by Ronald Reagan on March 18, 1988. In a nut shell, this is the "authority" behind the four dictators and the [sic] "laws" and "regulations" that have backed their casino-style DERIVATIVE gambling spree since 2001.

https://rense.com/general52/secretsoftheplunge.htm

Two Men Charged in ‘Plot’ to Attack Democrat Party Headquarters in Sacramento with Incendiary Devices

https://www.thegatewaypundit.com/2021/07/two-men-charged-plot-attack-democrat-party-headquarters-sacramento-incendiary-devices/

>>73010

“I want to blow up a democrat building bad.”

Not even trying at this point.

gb, wut the f is up wif your state?

it's supposed to be full of actors..

“I want to blow up a democrat building bad.” is such a crappy line.

>>73013

o7

>>73005

btw this is just a cover for the PPT meeting so they call it about "stablecoins"

Total Bullshit

They are crafting the response to the impending market event.

Federal Reserve Bank of New York Reverse Repo. Operations-week of July 11th,2021: $4.028T

Monday July 12 $776.47B with 70 counterparties

Tuesday July 13 $798.26B with 73 counterparties

Wednesday July 14 $859.97B with 75 counterparties

Thursday July 15 $776.26B with 69 counterparties

Friday July 16 $817.56B with 72 counterparties

This weeks total= $4.028T added to last weeks rolling total since April 8th of $25.603T gets ya$29.631Tof 'cash' parked at the FRBNY sinec April 8th 2021

https://apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

Creeping back up towards a trillion but backed off after weds.

Remains the highest amount so far at just under a trillion

Wednesday, June 30 $991.93B with 90 counterparties-record high amount and counterparty participation see here: >>68563 pb

>>47697 pb Federal Reserve Bank of New York Reverse Repo(s) April 8-23: $625.35B

>>49822 pb Federal Reserve Bank of New York Reverse Repo Operations April 26-30: $766.523B

>>51731 pb Federal Reserve Bank of New York Reverse Repo Operations week of May 2nd, 2021-$757.09b

>>53526 pb Federal Reserve Bank of New York Reverse Repo Operations Week of May 9th-$1.042T

>>55522 pb Federal Reserve Bank of New York Reverse Repo Operations Week of May 16th-$1.46T

>>57726 pb Federal Reserve Bank of NY Reverse Repo Operations-week of May 23rd, 2020

>>59773 pb Federal Reserve Bank of New York Reverse Repo Operations-Week of May 30th,2021-$1.84T

>>62285 pb Federal Reserve Bank of New York Reverse Repo. Operations-week of June 6-$2.569T

>>66154 pb Federal Reserve Bank of New York Reverse Repo. Ops-Week of June 20th: $3.954T

>>68563 pb Federal Reserve Bank of New York Reverse Repo Operations-week of June 27: $4.110T

>>70753 pb Federal Reserve Bank of New York Reverse Repo. Ops-Week of July 4th: $3.132T

Here We Go: CDC Director Rochelle Walensky Warns of “Pandemic of the Unvaccinated” (VIDEO)

https://www.thegatewaypundit.com/2021/07/go-cdc-director-rochelle-walensky-warns-pandemic-unvaccinated-video/

SAM814 USAF C-40B on ground at Travis AFB, CA from JBA depart

Last Saturday a C-32A went around at Travis AFB prior to landing at San Jose Int'l-cap #2

Had a ground stop at Great Falls, MT prior to Travis go arounds and San Jose Int'l arrival

>>72997

tyW

>>73030

>das a robe

kek, dis one

>>73035

>>73034

>>73030

Confirm Handoff when ready

>>73036

off hand firmed

thanqs for the notez

>>73038

biggest update since you been gone: [DS] try'n ta kill us

>>73039

gang all ready for da moat

cruizin yo way

>>73041

GASP!

>>73040

>>73043

git'n dare

>>73044

ikr?

muh surprised luuk

>>73045

chek't

https://twitter.com/nypost/status/1416103198104997893?s=19

Future Jeeps will be able to drive underwater, CEO says

>>73056

C'mom man!

>>73056

this better

kek

https://www.youtube.com/channel/UCGF4cH9t6SgF5e4OELMbDjg/community

>>73020

Cash Unwanted by Banks Piles Up at the Fed Reverse Repo Facility

While money-market funds are flocking to the Federal Reserve’s overnight reverse repurchase agreement facility for the yield, large U.S. banks are using the program to shed unwanted deposits.

Banks are emerging as a key driver in demand for the Fed’s so-called RRP facility, where usage could approach $1.5 trillion by the end of October**, according to Bank of America Corp. strategist Mark Cabana. Volumes surged over the past month, reaching an all-time high of $992 billion on June 30, as the facility serves as an investment option of last resort to mop up excess cash, especially with short-term funding rates hovering around zero. The Fed’s balance sheet has continued to swell due to its ongoing asset purchases while the drawdown of the Treasury General Account returns funds to the system. That in turn forced banks to take on more cash, boosting deposits after the pandemic-era regulatory exemptions for reserves and Treasury securities expired at the end of March. “One very notable feature of the Fed balance sheet growth is the reluctance of private banks to absorb ongoing reserve and deposit growth,” Cabana wrote in a note to clients. “From the large U.S. commercial bank perspective, the O/N RRP functions as a tool to absorb excess cash in the system that banks don’t want.”

On its call for second-quarter earnings, JPMorgan Chase & Co.’s Chief Financial Officer Jeremy Barnum said that leverage is now the bank’s “binding constraint” and acknowledged that “RRP is helping a little bit on the deposit growth side, which helps a little bit” with managing the firm’s supplementary leverage ratio. Unwanted bank deposits have partially shifted to the money market funds, who then invest the cash with the Fed at the RRP, which yields 0.05%. Yet total money-market fund assets, which have grown by about $125 billion since the middle of March around the time that usage at the Fed’s facility started to climb doesn’t account for the entire growth in the facility, according to Cabana. Much of the RRP’s increase is due to a shift in money-market holdings, where funds have liquidated Treasuries and allocated the proceeds to the Fed’s operation.

Bank of America anticipates RRP demand pushing higher in the next few months as the Fed’s asset purchases continue and the Treasury’s cash balance continues to dwindle “in a prolonged debt limit standoff.” A sharp increase in balances at the facility could also signal large money market funds are maxing out their usage, requiring policy makers to increase the $80 billion per counterparty limit.

https://www.bnnbloomberg.ca/cash-unwanted-by-banks-piles-up-at-the-fed-reverse-repo-facility-1.1629985

**each day not a cumulative total

Royal Canadian AF CFC1 Challenger 650 on final at Dulles Int'l from Ottawa depart

This is Trudope's AC used for short trips-was in Gaspe, eastern Quebec on Weds.

Some clandestine meeting with Not AF1 Joe gonna habben nao?

Trudeau says border could reopen by mid-August

The Canadian border could start reopening to fully vaccinated Americans starting in mid-August. Prime Minister Justin Trudeau spoke with leaders of Canada’s provinces Thursday before making the announcement. And the country may welcome fully vaccinated travelers from all countries by early September. The border has been closed to nonessential travel since March 2020.

https://www.wcax.com/2021/07/16/trudeau-says-border-could-reopen-by-mid-august/

SWATH99 USAF KC-135 tanker over Not AF1 Joe at Camp David position

2:30pm EST Not AF1 Joe departs the White House en route Camp David

https://factba.se/biden/calendar

BOXER42 USAF C-40C on ground at NAS North Island from JBA depart earlier today

Just landed

>>73025

SAM814 USAF C-40B departed Travis AFB, CA after ground stop/refuel and heading to Hawaii

>>73056

>>73058

>>73060

>>73061

Jeeps underwater, what could go wrong?

Besides everything.

>>73103

>>73102

Cheers QRB, from UK Thread. Want to add something about the Alamitos Bay restoration that was alluded to in our last post re Basin 2. Going to drop a very short vid by a UK anon which shows a time-lapse of the dock changes during that phased years-long project. Please pay attention to Basin 2. Am posting a map of the basins as well to familiarize anons here.

https://www.bitchute.com/video/8HFBR9xJatJe/

Vid is by an absolutely relentless demon of a researcher I’m proud to werk with on the UK thread.

To repeat, this was alluded to in the last post here, I think bread 215, about Basin 2. If anons agree that Q’s LBP pic might have captured werk in progress on that basin, then we MAY have bookends of FEB 2016 and JULY2016.

Will post vid in a minute.

>>73067

>https://www.youtube.com/channel/UCGF4cH9t6SgF5e4OELMbDjg/community

CLICK img DO dis GO-To:

Comments

https://www.youtube.com/channel/UCGF4cH9t6SgF5e4OELMbDjg/community?lb=UgzEOzheY8bs5HY-hQR4AaABCQ

/community?lb=UgzEOzheY8bs5HY-hQR4AaABCQ

Q !?! lqqk_CEyE_A_:*[h]Q[R]*

(1) QPost contains "hqr !" in SINGLE POST with the ID: pD23hqrn

QPost # 194 (14) (5)

Q !ITPb.qbhqo 11/22/2017 16:28:01 ID: pD23hqrn

4chan Thread/Post: 150511300 / 150512900

Direct Link: 150512900

U1 – CA – EU – ASIA – IRAN/NK

Iran Deal.

Why is this relevant?

Re-read drops re: NK / Iran.

(Y) What does it mean to be covered in gold?

Which couple was photographed covered in gold?

The public release was a mistake.

Who released the picture?

Who has all the information?

(Y) What does it mean to be covered in gold?

Can you locate one other pic w/ Y head covered in gold?

What does this represent?

/_

THE SUM OF ALL FEARS. { <<< W/_\House DISCOVERY: SHINE The LIGHT / PUBLIC AWAKENED <<< }

Q

{ https://qagg.news/?q=agencies, (3 letter: HELLO / HEY G00GLE, etc. = DARPA, "Wh_y\[Y] = WhiteHouse" }

GEORGENEWS, [16.07.21 18:52]

SAVE AMERICA

PRESIDENT DONALD J. TRUMP

JULY 16, 2021

BEDMINSTER, NJ

Statement by Donald J. Trump, 45th President of the United States of America.

Despite the fact that the 2020 Presidential Election was Rigged and Stolen, and while numerous people, including the outside public, were saying we should bring in the Military, I never even gave it a thought. The writings within these third-rate books are Fake News, and "General" Milley (who Mattis wanted to send to Europe in order to get rid of him), if he said what was reported, perhaps should be impeached, or court-martialed and tried. Never once did I have a discussion with him about bringing in the Military, or a "coup," which makes sense, because I lost total confidence in him and the way he handled himself on our little walk to the church. He tries to be a tough guy, which he is not, but he choked beyond belief as soon as a microphone was stuffed in front of his face or, at the mere sight of the Fake News Media. So, there was no talk of a coup, there was no coup, it all never happened, and it’s just a waste of words by fake writers and a General who didn’t have a clue. What there was, was a Rigged and Stolen election, and those facts have come out, and are coming out, loud and clear. Because of the Rigged Election, our Country will suffer like perhaps never before with open Borders, Crime, and Inflation,which will eat everyone alive!

###

https://t.me/georgenews/1690

GEORGENEWS, [16.07.21 20:28]

SAVE AMERICA

PRESIDENT DONALD J. TRUMP

JULY 16, 2021

BEDMINSTER, NJ

Statement by Donald J. Trump, 45th President of the United States of America

AP and other media outlets are doing major disinformation to try and discredit the massive number of voter irregularities and fraud found in both Arizona and Georgia. When the real numbers are released people will be shocked, but this is a concerted effort of the Fake News Media to discredit and demean. There has never been anything like it. Numbers will be released shortly, and they are extraordinarily big and highly determinative!

###

https://t.me/georgenews/1692

AZ AUDIT, [16.07.21 14:58]

[Forwarded from SECURE COMMS]

[ Photo ]

What’s behind bunny #2?

Oh, just an organized summary of the election fraud evidence and an overview of the “Great Reset” plan gathered into a single PDF…

The attached image is page 6 of 36 pages…

https://www.ingersolllockwood.com/wp-content/uploads/2021/07/voter-fraud.pdf

https://t.me/ARIZONA_AUDIT/474

https://t.me/TrumpJr/9084

The Babylon Bee

@TheBabylonBee

Facebook Introduces New 'Report Post To The White House' Button

https://twitter.com/TheBabylonBee/status/1416180947691589632

>>73112

>extraordinarily big and highly determinative!

https://qagg.news/?q=determine

QPost #(s) 2937 (21) (3) AND 3316 (13) (4)

2937:

"This is not simply another four-year election.

This is a crossroads in the history of our civilization

that will determine whether or not we, the people,

reclaim control over our government." - POTUS

Logical thinking.

_Q_

3316:

Was the investigation kept ongoing to

PROTECT THOSE WHO 'KNOWINGLY'

COMMITTED TREASON/SEDITION?

NO BLOCKADE = GAME OVER

_Q_

Q uses "determine" but think these (2) QPosts help define:

https://www.wordnik.com/words/determinative >>73115 { KicK WH w/KeK ! }

determinative

Define

Relate

List

Discuss

See

Hear

Love

Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

adjective Able or serving to determine: synonym: decisive.

noun A determining factor.

from The Century Dictionary.

Having power to determine, fix, or decide; tending or serving to shape or direct; conclusive.

Of use in ascertaining the species; serving to determine the precise kind of a thing: as, determinative tables in the natural sciences (that is, tables arranged for determining the specific character of minerals, plants, etc., and to assist in assigning them to their species); determinative signs in hieroglyphics; determinative ornaments or structures.

noun That which determines or indicates the character or quality of something else.

noun In grammar, a determinative or demonstrative word.

from the GNU version of the Collaborative International Dictionary of English.

adjective Having power to determine; limiting; shaping; directing; conclusive.

adjective (Nat. Hist.) tables presenting the specific character of minerals, plants, etc., to assist in determining the species to which a specimen belongs.

noun That which serves to determine.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

noun linguistics An ideogram used to mark semantic categories of words in logographic scripts.

adjective Determining (deciding) something.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

adjective having the power or quality of deciding

noun a determining or causal element or factor

noun one of a limited class of noun modifiers that determine the referents of noun phrases

>>72980 pb

>i bet frby gotz a shirt like the lead guitarist.

nah

>>72997

tanks doc

been dealing with sewer all day

finished thought i got it licked -

(muh budget's licked too haha)

and toilet is leaking, seal screwed up by 'storm surge'?

dunno

i'm done for weekend i think

tired but will try to come back later if i can, at least for a while

bbq now with young jedi and his fam

people comin and goin

gotta go cook proteins

God bless everyone

Surprise Court Ruling Lands a Major Blow Against Joe Biden and Illegal Immigration Advocates

Fridays can be full of surprises sometimes, and we got one today regarding illegal immigration. A federal judge in Houston ruled that DACA, the long-challenged and debated amnesty program for illegal immigrants brought to the US as children, is illegal. That was part of a lawsuit brought by multiple states noting the unconstitutional nature of the program.

You may recall that the Supreme Court essentially punted on the issue in the summer of 2020 because Chief Justice John Roberts is a coward who decided to focus on how the program was ended instead of whether its original creation (under Obama) was legal or not.

(see The Supreme Court Rules Trump Can’t End the Illegal DACA Program Because Nother Matters Anymore)

US District Court Judge Andrew Hanen delivered this latest ruling.

#BREAKING: A federal judge on Friday ordered the Biden administration to stop all applications for the Deferred Action for Childhood Arrivals (DACA) program, after a coalition of states sued and claimed that the Obama-era program was illegal. — FOX

— Election Wizard (@ElectionWiz) July 16, 2021

DACA’s illegality has been obvious since the beginning. Barack Obama himself said over and over via public appearances that he did not have the power to do what he did. That was part of his pressure campaign pointed at Congress in an attempt to force through an amnesty bill. When that didn’t materialize, he acted on his own with authority he didn’t have.

full article:

https://redstate.com/bonchie/2021/07/16/surprise-court-ruling-lands-a-major-blow-against-joe-biden-and-illegal-immigration-advocates-n412174

>>73115

>Facebook Introduces New 'Report Post To The White House' Button

berry BErRyY NOICE BBee-STING !o7

BBee = B2 / 2B or NOT 2b][b2{=44] (= 8 =_h_ as in W_h_ ,

so a SWEEPER= " _\ " TAKE AIM toCLEAN W_HOUSE STAGEset is REqUIRED {so_LE_GO_me}.

UPDATED GRAPHIC/sick:

THE SUM OF ALL FEARS.

{ <<< W/_\House DISCOVERY: SHINE The LIGHT / PUBLIC AWAKENED <<< }

https://qagg.news/?q=agencies,

(3) letter: HELLO / HEY G00GLE, etc. = DARPA, "W_[h]_y\[Y] = _W_hite_H_ouse" } >>73108

>>73120

>berry BErRyY NOICE KeK_BBee-STINGeRs >>73119 WoW FRyDA_Y !

>BBee = B2 / 2B or NOT 2b][b2{=44] (= 8 =_h_ as in W_h_

<break time ... tyKeKBees !o7