The Federal Reserve will own your home. Out of thin air the Federal Reserve creates 40 billion a month.
Forty billion dollars worth of mortgages.
The Federal Reserve will invest the mortgages in the derivative market.
The lending institutions who will be given 40 billion a month will buy T- Bills. treasury bills.
Showing posts with label federal reserve. Show all posts
Showing posts with label federal reserve. Show all posts
Tuesday, October 9, 2012
Wednesday, February 22, 2012
Fed Writes Sweeping Rules From Behind Closed Doors
Fed Writes Sweeping Rules From Behind Closed Doors
The Wall Street Journal
February 22, 2012
The Federal Reserve has operated almost entirely behind closed doors as it rewrites the rule book governing the U.S. financial system, a stark contrast with its push for transparency in its interest-rate policies and emergency-lending programs.
While many Americans may not realize it, the Fed has taken on a much larger regulatory role than at any time in history. Since the Dodd-Frank financial overhaul became law in July 2010, the Fed has held 47 separate votes on financial regulations, and scores more are coming. In the process it is reshaping the U.S. financial industry by directing banks on how much …
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