>>10270571
Do you understand how economies work and how the FED was inserted to basically operate as a babysitter among kids exchanging their allowances?
The FED was created as a "lender of last resort". It basically became an authorized lender to the US in the event we had a war and couldn't get our "needs" met ourselves.
https://newworldeconomics.com/the-federal-reserve-in-the-1920s/
https://www.newyorkfed.org/medialibrary/media/research/epr/08v14n1/0807garb.pdf
The lending for WW1 led to the fed currency taking over the 20's which led to the collapse of the stock market in 29. The 30's was hard on the FED because FDR was very outspoken and mocked the FED and their request to manage our debt to ensure retirement options were available.
Easy to mock them after the way they handed their first 20 years. They're great to get cheap goods when you're in a war, but after the war they mismanage things just to get wars going and keep business flowing (money/fiat velocity)
Anyways, as "lender of last resort", their purpose is kaput. They failed to meet their mandate, authorizing their 99 year charter (expired 2012), in 2019 when they couldn't buy foreign debt and opted to maintain their stock market with US treasuries and bonds from US/Global companies.
That collapsed in March when the stock market collapsed and the bailout was negotiated putting the fed under US control, because it was now only holding US debts.
Notice the bailout put PPP loans as "forgivable"? Because it had the ability to forgive loans, something the FED controlled repayment terms.
Remember how the UST wouldn't release the ledger of who took loans? It was to prevent the central banks from offering those banks better terms to avoid letting them get money to circulate without their planning ahead.
The ledger was released after loans were being repaid.
Now here's the tangible proof you ask for. Look where cash rich Apple is looking to raise money. Bonds. Not deals with banks, their credit system is dead thanks to taking bailout money with terms on how to lend.
Apple has almost $200b in cash. Why do they need bonds to buy back stock? They've been bashed for not using that cash to buy back stock for decades, back when they were approaching $100b cash under Jobs.
They need people to own their debt for when the markets fail this fall. Just like 29, US debt is due by 10/15 and if they don't pay the FED has to hyper-inflate against circulating currency, then do the same thing to digital bank balances at what ever ratio they deem necessary with all the Federal Reserve Notes they collected these past few months
https://www.zerohedge.com/markets/apple-launches-unprecedented-second-bond-offering-fund-billions-buyback-how-much-will-fed