They're scanning foreheads
Tuesday, March 31, 2020
Monday, March 30, 2020
Sun in silver gate 6/6 every year
Sun in silver gate 6/6 every year
RFK assassinated 6/6
Robert F. Kennedy/Assassinated
June 6, 1968, Good Samaritan Hospital, Los Angeles, CA
"Sirhan Sirhan" = 66 (Full Reduction)
"Robert Kennedy" = 66 (Full Reduction)
33 + 33 = 66
"Sirhan Sirhan" = 66 (Full Reduction)
"Sirhan" = 33 (Full Reduction)
"Sirhan" = 33 (Full Reduction)
"Robert Kennedy" = 66 (Full Reduction)
"Robert" = 33 (Full Reduction)
"Kennedy" = 33 (Full Reduction)
"Silver Gate" = 118 (English Ordinal)
34° 3′ 16″ N, 118° 15′ 55″ W
"Silver Gate" = 46 (Full Reduction)
"sacrifice" = 46 (Full Reduction)
"Good Samaritan Los Angeles" = 93 (Full Reduction)
"1225 Wilshire Blvd, LA 90017" = 93 (Full Reduction)
"Good Samaritan Hospital" = 93 (Full Reduction)
Bitcoin price drop of 40% on 3/13/20
https://view.coindesk-email.com/?qs=3c6ef8aa7caae5e3255a578652edf39a55f8eb8ce1d907ad5afc69b72a5c139236537cacd49569e3e311950bba0c6b9c336b91b81c06cb7cbba7a37ff521a677ad734433da263231ee8080b4e5e4f41a
https://decodingsatan.blogspot.com/search?q=bitcoin
From and including: Friday, January 9, 2009
To and including: Wednesday, March 11, 2020
Result: 4080 days
Or 11 years, 2 months, 3 days including the end date.
Or 134 months, 3 days including the end date.
582 weeks and 6 days
1117.81% of a common year (365 days)
Sunday, March 29, 2020
#Lambda115 #14 The sun and the moon #DeadSea
WOW! I've been wondering about 14 for three years! Thanks for your work it's AWESOME!
Valentine in Hebrew
"אָהוּב" = 14 (Hebrew Reduction)
Tisha B'Av in Hebrew
ט׳ באב" = 14 (Hebrew Reduction)
Synagogue
"בהכ'נ" = 14 (Hebrew Reduction)
Gunman in Hebrew
"אקדח" = 14 (Hebrew Reduction)
Chaos
"אִי סֶדֵר" = 14 (Hebrew Reduction)
Beast
"חַיָה" = 14 (Hebrew Reduction)
Satan
"סַמָאֵל" = 14 (Hebrew Reduction)
Heads up on 4/8 it's the anniversary of Jesus death and the 14th day of the J religious year.
4/8 = 14th of Nisan
4/3/33 to 3/22/2025 = Jesus death to....#1991 #1119 #30313 #3313 #24
Juan O'Saven and USA Founding decode to Jesus' Death and Age of Enlightenment for every Soul! crystal-tyme
4/3/33 to 3/22/2025 = 1991 years, 11 months, 19 days = 1991 1119
727553 days
727553/27.322= 26628.8339067
727553/29.531= 24636.9239105
727553/666=1092.42192192
727553/33=22047.0606061
727553/2424=300.145627063
727553/2423=300.269500619
727553/3313=219.60549351
727553/225=3233.56888889
727553/888=819.316441441
727553/224.701=3237.87166056
727553/24=30314.7083333
From and including: Friday, April 3, 0033 (Julian calendar in United States. Change Country)
To, but not including Monday, March 3, 2025 (Gregorian calendar)
727534/24=30313.9166667
From and including: Friday, April 3, 0033 (Julian calendar in United States. Change Country)
To, but not including Tuesday, February 25, 2025 (Gregorian calendar)
Result: 727,528 days
727528/24=30313.6666667
2/25/2025 julian calendar
From and including: Friday, April 3, 0033 (Julian calendar in United States. Change Country)
To, but not including Saturday, February 15, 2025 (Gregorian calendar)
Result: 727,518 days
727515/24=30313.125
exactly 30313 on 2/9/2025
From and including: Friday, April 3, 0033 (Julian calendar in United States. Change Country)
To, but not including Sunday, February 9, 2025 (Gregorian calendar)
Result: 727,512 days
Or 1991 years, 10 months, 6 days excluding the end date.
Or 23902 months, 6 days excluding the end date.
727512/24=30313
Sun, 9 February 2025 = 11th of Sh'vat, 5785
י״א בִּשְׁבָט תשפ״ה
Parashat Yitro (in Diaspora)
Shevat is the fifth month of the civil year starting in Tishre and the eleventh month of the ecclesiastical year on the Hebrew calendar starting in Nisan.
11th of Sh'vat, 5785 11/11/5785 or 11/5/5785
11+11+57+85=164
11+11+5+7+8+5=47
1+1+1+1+5+7+8+5=29
1+1+1+1+8+5=17
11+11+85=107
11+5+57+85=158
11+5+5+7+8+5=41
1+1+5+5+7+8+5=32
1+1+5+8+5=20
11+5+85=101
Guess what I found...
from Jesus death to 2/9/2025
From and including: Friday, April 3, 0033
To, not including Saturday February 9, 2025
Result: 727,512 days
727512/24=30313 = 3313
Sun, 9 February 2025 = 11th of Sh'vat, 5785
11/11/5785
11+11+57+85=164
11+11+5+7+8+5=47
1+1+1+1+5+7+8+5=29
1+1+1+1+8+5=17
11+11+85=107
Crystal Tyme had the 3/22/2025 date 2/9/2025 is just a month before that.
A similar number came up with the market crash.... 33013
From the 1929 market crash to 3/13/20 was 33013 days... = 3313
If you write out the Jesus death date in Hebrew it's.... 14th of Nisan 3793
"Fourteenth of Nisan three thousand seven hundred and ninety three" = 3539 (Jewish)
The 3539th prime number is 33013
It matched the days from 9/24/1929 crash to 3/13/2020 national emergency = 33013
I forgot what the date of the 33rd pentagram of Venus was. I'm assuming Crystal Tyme was using that date for 3/22/2025.
Anyway 2/9/2025 might be a pre-event day.
0
from Jesus death to 2/9/2025
From and including: Friday, April 3, 0033
To, not including Saturday February 9, 2025
Result: 727,512 days
727512/24=30313 = 3313
Sun, 9 February 2025 = 11th of Sh'vat, 5785
11/11/5785
11+11+57+85=164
11+11+5+7+8+5=47
1+1+1+1+5+7+8+5=29
1+1+1+1+8+5=17
11+11+85=107
Crystal Tyme had the 3/22/2025 date 2/9/2025 is just a month before that.
A similar number came up with the market crash.... 33013
From the 1929 market crash to 3/13/20 was 33013 days... = 3313
If you write out the Jesus death date in Hebrew it's.... 14th of Nisan 3793
"Fourteenth of Nisan three thousand seven hundred and ninety three" = 3539 (Jewish)
The 3539th prime number is 33013
It matched the days from 9/24/1929 crash to 3/13/2020 national emergency = 33013
I forgot what the date of the 33rd pentagram of Venus was. I'm assuming Crystal Tyme was using that date for 3/22/2025.
Anyway 2/9/2025 might be a pre-event day.
0
Saturday, March 28, 2020
Jay Dyer 12 Monkeys....
12 Monkey's opened on 12/29/1995...
12+29+19+95=155
"coronavirus" = 155 (English Ordinal)
From 12 monkey's opening to Trump declaring a national emergency is ....
12/29/1995 to 3/13/2020 = 1263 weeks
"Bill & Melinda Gates Foundation" = 1263 (English Extended)
12 monkey's opened
12+29+19+95=155
"coronavirus" = 155 (English Ordinal)
12+29+1+9+9+5= 65
"pandemic" = 65 (English Ordinal)
1+2+2+9+1+9+9+5=38
"pandemic" = 38 (Full Reduction)
Trump declared national emergency on ..
3+13+20+20= 56
"coronavirus" = 56 (Full Reduction)
Director general of the World Health Organization Tedros Adhanom
"Tedros Adhanom" = 56 (Full Reduction)
"coronavirus" = 56 (Full Reduction)
There was a coronavirus pandemic drill on 10/18/19 called "Event 201"
"event two zero one" = 222 (English Ordinal)
From 9/11/2001 to 3/11/2020 is 222 months
"world economic forum" = 222 (English Ordinal)
"global currency" = 222 (Reverse Ordinal)
"global currency" = 911 (Jewish)
"WEF" = 911 (Jewish)
"Tishabav" = 911 (Jewish)
"12 monkeys" = 33 (Full Reduction)
"Bill Gates" = 33 (Full Reduction)
"holocaust" = 33 (Full Reduction)
"Tishabav" = 911 (Jewish)
from 3/11 to Tishabav 2020 is....
From and including: Wednesday, March 11, 2020
To, but not including Thursday, July 30, 2020
Result: 141 days
811 is the 141st prime number
Rev 8:11 Wormwood...
Or 20 weeks and 1 day
Event 201
"wormwood" = 126 (English Ordinal)
Kobe Helicopter crash on 1/26 exactly 313 weeks since the Pope released his doves that were attacked by a crow and a seagul.
313 weeks = 3/13 the seventh anniversary of Pope Francis reign.
The wormwood number is 3313 the 24th star number... Kobe's number was 24.
3/31 Saturn and Mars conjunction
House passed 2 trillion dollar package on Jewish New Years Day and Pelosi' birthday..
Thu, 26 March 2020 = 1st of Nisan, 5780
א׳ בְּנִיסָן תש״פ
Parashat Vayikra (in Diaspora)
Rosh Chodesh Nisan
Happy New Year Jews! I'm sure you'll get a lot of it as you always do!
https://www.cnn.com/2020/03/25/politics/stimulus-senate-action-coronavirus/index.html
א׳ בְּנִיסָן תש״פ
Parashat Vayikra (in Diaspora)
Rosh Chodesh Nisan
Happy New Year Jews! I'm sure you'll get a lot of it as you always do!
https://www.cnn.com/2020/03/25/politics/stimulus-senate-action-coronavirus/index.html
911 to Jesus death anniversary #JewishCalendar
Jewish calendar days starts at sunset. The 1987th anniversary of Jesus' death starts at sunset on 4/7.
The 1987th anniversary of Jesus death is 4/8/2020 and Pesach
Wed, 8 April 2020 = 14th of Nisan, 5780
י״ד בְּנִיסָן תש״פ
Ta'anit Bechorot
Erev Pesach
The 14th of Nisan is the 14th day of the religious year....
Valentine in Hebrew
"אָהוּב" = 14 (Hebrew Reduction)
"אָהוּב" = 14 (Hebrew Ordinal)
"אָהוּב" = 14 (Hebrew Gematria)
"אָהוּב" = 14 (Hebrew Soffits)
Tisha B'Av in Hebrew
ט׳ באב" = 14 (Hebrew Reduction)
ט׳ באב" = 14 (Hebrew Ordinal)
ט׳ באב" = 14 (Hebrew Gematria)
ט׳ באב" = 14 (Hebrew Soffits)
David in Hebrew
דוד" = 14 (Hebrew Reduction)
דוד" = 14 (Hebrew Ordinal)
דוד" = 14 (Hebrew Gematria)
דוד" = 14 (Hebrew Soffits)
Gunman in Hebrew
"אקדח" = 14 (Hebrew Reduction)
Chaos
"אִי סֶדֵר" = 14 (Hebrew Reduction)
The 1987th anniversary of Jesus death is 4/8/2020 and Pesach
Wed, 8 April 2020 = 14th of Nisan, 5780
י״ד בְּנִיסָן תש״פ
Ta'anit Bechorot
Erev Pesach
The 14th of Nisan is the 14th day of the religious year....
Valentine in Hebrew
"אָהוּב" = 14 (Hebrew Reduction)
"אָהוּב" = 14 (Hebrew Ordinal)
"אָהוּב" = 14 (Hebrew Gematria)
"אָהוּב" = 14 (Hebrew Soffits)
Tisha B'Av in Hebrew
ט׳ באב" = 14 (Hebrew Reduction)
ט׳ באב" = 14 (Hebrew Ordinal)
ט׳ באב" = 14 (Hebrew Gematria)
ט׳ באב" = 14 (Hebrew Soffits)
David in Hebrew
דוד" = 14 (Hebrew Reduction)
דוד" = 14 (Hebrew Ordinal)
דוד" = 14 (Hebrew Gematria)
דוד" = 14 (Hebrew Soffits)
Gunman in Hebrew
"אקדח" = 14 (Hebrew Reduction)
Chaos
"אִי סֶדֵר" = 14 (Hebrew Reduction)
April Fools Day #Tedros #WHO #33 #51
Director general of the World Health Organization seated.
"Tedros Adhanom" = 56 (Full Reduction)
"coronavirus" = 56 (Full Reduction)
Friday, March 27, 2020
Coronavirus .... The Madonna connection.... #GeorgeWebb
Journalism Critique By Len Bracken
Madonna connected to first virus victims..
The Madonna connection is interesting. Her Madam X album. Remember it was released on Trump's birthday and it had a death threat directed his way in it....
"They are so naive
They think we are not aware of their crimes
We know, but we are just not ready to act
The storm isn't in the air, it's inside of us
I want to tell you about love and loneliness
But it's getting late now
Can't you hear outside of your Supreme hoodie
The wind that's beginning to howl?"
And then she made that stupid video of her bloated face in the bathtub....
Interesting that what she said in the bathtub produced Trump's birthdate and 353 which is the 71st prime number... The day coronavirus was declared a pandemic was on 3/11 the 71st day of the year...
Interesting that what she said in the bathtub produced Trump's birthdate and 353 which is the 71st prime number... The day coronavirus was declared a pandemic was on 3/11 the 71st day of the year...
World Economic Forum #222 #911 #120
"Klaus Schwab" = 120 (English Ordinal)
"illuminati" = 120 (English Ordinal)
Klaus Martin Schwab (born 30 March 1938) is a German engineer and economist best known as the founder and executive chairman of the World Economic Forum.
Wed, 30 March 1938 = 27th of Adar II, 5698
"twenty seventh of Adar II, five thousand six hundred ninety eight" = 5329 (Jewish)
square root 73 = 73*73=5329
Wed, 30 March 1938 = 27th of Adar II, 5698
Parashat Tazria / פרשת תזריע
"פרשת תזריע" = 155 (Hebrew Ordinal)
"coronavirus" = 155 (English Ordinal)
Next read in the Diaspora on 25 April 2020.
"Tazria" = 30 (Full Reduction)
"Klaus Schwab" = 30 (Full Reduction)
THE MOST IMPORTANT VIDEO YOU WILL EVER WATCH ABOUT NWO PLANS BEING IMPLEMNETED
Army germ lab shut down by CDC in 2019 had several 'serious' protocol violations that year
FREDERICK, Md. — In 2019, an Army laboratory at Fort Detrick that studies deadly infectious material like Ebola and smallpox was shut down for a period of time after a CDC inspection, with many projects being temporarily halted.
The lab itself reported that the shutdown order was due to ongoing infrastructure issues with wastewater decontamination, and the CDC declined to provide the reason for the shutdown due to national security concerns.
https://wjla.com/news/local/cdc-shut-down-army-germ-lab-health-concerns
The lab itself reported that the shutdown order was due to ongoing infrastructure issues with wastewater decontamination, and the CDC declined to provide the reason for the shutdown due to national security concerns.
https://wjla.com/news/local/cdc-shut-down-army-germ-lab-health-concerns
The New World Order is HERE! #EconomicForum
Globalist central.....
Look at the plans they've made!
https://intelligence.weforum.org/topics/a1G0X000006O6EHUA0?tab=publications
https://twitter.com/wef
This woman used to work for FEMA and she's translating Mr Globals language...
Celeste Solum - "COVID-19: Disruption By Design - The One World Government Cometh" - Update 3/27/20
https://www.youtube.com/watch?v=1ESBl3GTbTo
NYC Mayor Says City Will Likely Stay on Lockdown Until May
NYC Mayor Says City Will Likely Stay on Lockdown Until May
New York City Mayor Bill de Blasio said that his city, which has the most number of CCP virus cases in the United States, might be shut down until May.
“We think this crisis is going to grow through April and into May,” the mayor told ABC News on Friday morning. When he was asked about what will happen to the city’s schools and if they will be shuttered until that time, he responded, “I think we have to be ready for that.”
https://www.theepochtimes.com/nyc-mayor-says-city-will-likely-remained-on-lockdown-until-may_3287953.html?utm_source=pushengage&utm_medium=pushnotification&utm_campaign=pushengage
New York City Mayor Bill de Blasio said that his city, which has the most number of CCP virus cases in the United States, might be shut down until May.
“We think this crisis is going to grow through April and into May,” the mayor told ABC News on Friday morning. When he was asked about what will happen to the city’s schools and if they will be shuttered until that time, he responded, “I think we have to be ready for that.”
https://www.theepochtimes.com/nyc-mayor-says-city-will-likely-remained-on-lockdown-until-may_3287953.html?utm_source=pushengage&utm_medium=pushnotification&utm_campaign=pushengage
Thursday, March 26, 2020
#Movie Quarantine 10/10/2008
From 10/10/2008 to 3/11/2020 = 137 months, 1 day
"Global Currency" = 1371 (English Extended)
"Trump assassinated" = 1371 (English Extended)
"The Book Of Revelations" = 1371 (English Extended)
"pneumonia vaccination" = 1371 (English Extended)
"Another Brick In The Wall" = 1371 (English Extended)
"total devastation" = 1371 (Jewish)
"Quarantine" = 120 (English Ordinal)
"Illuminati" = 120 (English Ordinal)
Wednesday, March 25, 2020
George Webb Coronavirus
Interesting Coronavirus Patient One n the US is Dutch and shares the same last name as Patient One in Holland, and they are both celebrities. Maatje Benissa is an Intel Officer at Ft Belvoir, VA as well. Her brother Matt is SpaWar.
https://twitter.com/GeorgWebb/status/1240930262978043905?s=20
Maatje drove for none other than General James Jones of ShadowNet fame.
Interesting her relative in Holland also has CoronaVirus.
Benny Benassi stuck in Italy due to nationwide quarantine, cancels upcoming North American tour
US-China Military World
Games in Wuhan China
on 20 October 2019! I didn’t even know there was such a game between the Americans and Chinese in Wuhan China
Say hello to Matt and Mike Benassi. South Bend Tribune June 15 1998
The Fed Protects Gamblers at the Expense of the Economy
Posted on January 10, 2020 by Ellen Brown
Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now pouring billions of dollars into the repo (repurchase agreements) market, in effect making risk-free loans to speculators at less than 2%.
This does not serve the real economy, in which products, services and jobs are created. However, the Fed is trapped into this speculative monetary expansion to avoid a cascade of defaults of the sort it was facing with the long-term capital management crisis in 1998 and the Lehman crisis in 2008. The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
The Financial Economy Versus the Real Economy
The Fed’s dilemma was graphically illustrated in a Dec. 19 podcast by entrepreneur/investor George Gammon, who explained we actually have two economies – the “real” (productive) economy and the “financialized” economy. “Financialization” is defined at Wikipedia as “a pattern of accumulation in which profits accrue primarily through financial channels rather than through trade and commodity production.” Rather than producing things itself, financialization feeds on the profits of others who produce.
The financialized economy – including stocks, corporate bonds and real estate – is now booming. Meanwhile, the bulk of the population struggles to meet daily expenses. The world’s 500 richest people got $12 trillion richer in 2019, while 45% of Americans have no savings, and nearly 70% could not come up with $1,000 in an emergency without borrowing.
Gammon explains that central bank policies intended to boost the real economy have had the effect only of boosting the financial economy. The policies’ stated purpose is to increase spending by increasing lending by banks, which are supposed to be the vehicles for liquidity to flow from the financial to the real economy. But this transmission mechanism isn’t working, because consumers are tapped out. They can’t spend more unless their incomes go up, and the only way to increase incomes, says Gammon, is through increasing production (or with a good dose of “helicopter money,” but more on that later).
So why aren’t businesses putting money into more production? Because, says Gammon, the central banks have put a “put” on the financial market, meaning they won’t let it go down. Business owners say, “Why should I take the risk of more productivity, when I can just invest in the real estate, stock or corporate bond market and make risk-free money?” The result is less productivity and less spending in the real economy, while the “easy money” created by banks and central banks is used for short-term gain from unproductive financial investments.
Existing assets are bought just to sell them or rent them for more, skimming profits off the top. These unearned “rentier” profits rely on ready access to liquidity (the ability to buy and sell on demand) and on leverage (using borrowed money to increase returns), and both are ultimately underwritten by the central banks. As observed in a July 2019 article titled “Financialization Undermines the Real Economy”:
When large highly leveraged financial institutions in these markets collapse, e.g., Lehman Brothers in September 2008, central banks are forced to step in to salvage the financial system. Thus, many central banks have little choice but to become securities market makers of last resort, providing safety nets for financialized universal banks and shadow banks.
Repo Madness
That is what is happening now in the repo market. Repos work like a pawn shop: the lender takes an asset (usually a federal security) in exchange for cash, with an agreement to return the asset for the cash plus interest the next day unless the loan is rolled over. In September 2019, rates on repos should have been about 2%, in line with the fed funds rate (the rate at which banks borrow deposits from each other). However, repo rates shot up to 10% on Sept. 17. Yet banks were refusing to lend to each other, evidently passing up big profits to hold onto their cash. Since banks weren’t lending, the Federal Reserve Bank of New York jumped in, increasing its overnight repo operations to $75 billion. On Oct. 23, it upped the ante to $165 billion, evidently to plug a hole in the repo market created when JPMorgan Chase, the nation’s largest depository bank, pulled an equivalent sum out. (For details, see my earlier post here.)
By December, the total injected by the Fed was up to $323 billion. What was the perceived danger lurking behind this unprecedented action? An article in The Quarterly Review of the Bank for International Settlements (BIS) pointed to the hedge funds. As ZeroHedge summarized the BIS’ findings:
[C]ontrary to our initial take that banks were pulling from the repo market due to counterparty fears about other banks, they were instead spooked by overexposure by other hedge funds, who have become the dominant marginal – and completely unregulated – repo counterparty to liquidity lending banks; without said liquidity, massive hedge fund regulatory leverage such as that shown above would become effectively impossible.
Hedge funds have been blamed for the 2008 financial crisis, by adding too much risk to the banking system. They have destroyed companies by forcing stock buybacks, asset sales, layoffs and other measures that raise stock prices at the expense of the company’s long-term health and productivity. They have also been a major factor in the homelessness epidemic, by buying foreclosed properties at fire sale prices, then renting them out at inflated prices. Why did the Fed need to bail these parasitic institutions out? The BIS authors explained:
Repo markets redistribute liquidity between financial institutions: not only banks (as is the case with the federal funds market), but also insurance companies, asset managers, money market funds and other institutional investors. In so doing, they help other financial markets to function smoothly. Thus, any sustained disruption in this market, with daily turnover in the U.S. market of about $1 trillion, could quickly ripple through the financial system. The freezing-up of repo markets in late 2008 was one of the most damaging aspects of the Great Financial Crisis (GFC).
At $1 trillion daily, the repo market is much bigger and more global than the fed funds market that is the usual target of central bank policy. Repo trades are supposedly secured with “high-quality collateral” (usually U.S. Treasuries). But they are not risk-free, because of the practice of “re-hypothecation”: the short-term “owner” of the collateral can use it as collateral for another loan, creating leverage – loans upon loans. The IMF has estimated that the same collateral was reused 2.2 times in 2018, which means both the original owner and 2.2 subsequent re-users believed they owned the same collateral. This leveraging, which actually expands the money supply, is one of the reasons banks put their extra funds in the repo market rather than in the fed funds market. But it is also why the repo market and the U.S. Treasuries it uses as collateral are not risk-free. As Wall Street veteran Caitlin Long warns:
U.S. Treasuries are … the most rehypothecated asset in financial markets, and the big banks know this. … U.S. Treasuries are the core asset used by every financial institution to satisfy its capital and liquidity requirements – which means that no one really knows how big the hole is at a system-wide level.
This is the real reason why the repo market periodically seizes up. It’s akin to musical chairs – no one knows how many players will be without a chair until the music stops.
ZeroHedge cautions that hedge funds are the most heavily leveraged multi-strategy funds in the world, taking something like $20 billion to $30 billion in net assets under management and levering it up to $200 billion. According to The Financial Times, to fire up returns, “some hedge funds take the Treasury security they have just bought and use it to secure cash loans in the repo market. They then use this fresh cash to increase the size of the trade, repeating the process over and over and ratcheting up the potential returns.”
ZeroHedge concludes:
This … explains why the Fed panicked in response to the GC repo rate blowing out to 10% on Sept 16, and instantly implemented repos as well as rushed to launch QE 4: not only was Fed Chair Powell facing an LTCM [Long Term Capital Management] like situation, but because the repo-funded [arbitrage] was (ab)used by most multi-strat funds, the Federal Reserve was suddenly facing a constellation of multiple LTCM blow-ups that could have started an avalanche that would have resulted in trillions of assets being forcefully liquidated as a tsunami of margin calls hit the hedge funds world.
“Helicopter Money” – The Only Way Out?
The Fed has been forced by its own policies to create an avalanche of speculative liquidity that never makes it into the real economy. As Gammon explains, the central banks have created a wall that traps this liquidity in the financial markets, driving stocks, corporate bonds and real estate to all-time highs, creating an “everything bubble” that accomplishes only one thing – increased wealth inequality. Central bank quantitative easing won’t create hyperinflation, says Gammon, but “it will create a huge discrepancy between the haves and have nots that will totally wipe out the middle class, and that will bring on MMT or helicopter money. Why? Because it’s the only way that the Fed can get the liquidity from the financial economy, over this wall, around the banking system, and into the real economy. It’s the only solution they have.” Gammon does not think it’s the right solution, but he is not alone in predicting that helicopter money is coming.
Investopedia notes that “helicopter money” differs from quantitative easing (QE), the money-printing tool currently used by central banks. QE involves central bank-created money used to purchase assets from bank balance sheets. Helicopter money, on the other hand, involves a direct distribution of printed money to the public.
A direct drop of money on the people would certainly help to stimulate the economy, but it won’t get the parasite of financialization off our backs; and Gammon is probably right that the Fed lacks the tools to fix the underlying disease itself. Only Congress can change the Federal Reserve Act and the tax system. Congress could impose a 0.1% financial transactions tax, which would nip high-frequency speculative trading in the bud. Congress could turn the Federal Reserve into a public utility mandated to serve the productive economy. Commercial banks could also be regulated as public utilities, and public banks could be established that served the liquidity needs of local economies. For other possibilities, see Banking on the People here.
Solutions are available, but Congress itself has been captured by the financial markets, and it may take another economic collapse to motivate Congress to act. The current repo crisis could be the fuse that triggers that collapse.
_________________________________________
This article was first posted on Truthdig.com. Ellen Brown chairs the Public Banking Institute and has written thirteen books, including her latest, Banking on the People: Democratizing Money in the Digital Age. She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com.
https://ellenbrown.com/2020/01/10/the-fed-protects-gamblers-at-the-expense-of-the-economy/#more-14367
Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now pouring billions of dollars into the repo (repurchase agreements) market, in effect making risk-free loans to speculators at less than 2%.
This does not serve the real economy, in which products, services and jobs are created. However, the Fed is trapped into this speculative monetary expansion to avoid a cascade of defaults of the sort it was facing with the long-term capital management crisis in 1998 and the Lehman crisis in 2008. The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
The Financial Economy Versus the Real Economy
The Fed’s dilemma was graphically illustrated in a Dec. 19 podcast by entrepreneur/investor George Gammon, who explained we actually have two economies – the “real” (productive) economy and the “financialized” economy. “Financialization” is defined at Wikipedia as “a pattern of accumulation in which profits accrue primarily through financial channels rather than through trade and commodity production.” Rather than producing things itself, financialization feeds on the profits of others who produce.
The financialized economy – including stocks, corporate bonds and real estate – is now booming. Meanwhile, the bulk of the population struggles to meet daily expenses. The world’s 500 richest people got $12 trillion richer in 2019, while 45% of Americans have no savings, and nearly 70% could not come up with $1,000 in an emergency without borrowing.
Gammon explains that central bank policies intended to boost the real economy have had the effect only of boosting the financial economy. The policies’ stated purpose is to increase spending by increasing lending by banks, which are supposed to be the vehicles for liquidity to flow from the financial to the real economy. But this transmission mechanism isn’t working, because consumers are tapped out. They can’t spend more unless their incomes go up, and the only way to increase incomes, says Gammon, is through increasing production (or with a good dose of “helicopter money,” but more on that later).
So why aren’t businesses putting money into more production? Because, says Gammon, the central banks have put a “put” on the financial market, meaning they won’t let it go down. Business owners say, “Why should I take the risk of more productivity, when I can just invest in the real estate, stock or corporate bond market and make risk-free money?” The result is less productivity and less spending in the real economy, while the “easy money” created by banks and central banks is used for short-term gain from unproductive financial investments.
Existing assets are bought just to sell them or rent them for more, skimming profits off the top. These unearned “rentier” profits rely on ready access to liquidity (the ability to buy and sell on demand) and on leverage (using borrowed money to increase returns), and both are ultimately underwritten by the central banks. As observed in a July 2019 article titled “Financialization Undermines the Real Economy”:
When large highly leveraged financial institutions in these markets collapse, e.g., Lehman Brothers in September 2008, central banks are forced to step in to salvage the financial system. Thus, many central banks have little choice but to become securities market makers of last resort, providing safety nets for financialized universal banks and shadow banks.
Repo Madness
That is what is happening now in the repo market. Repos work like a pawn shop: the lender takes an asset (usually a federal security) in exchange for cash, with an agreement to return the asset for the cash plus interest the next day unless the loan is rolled over. In September 2019, rates on repos should have been about 2%, in line with the fed funds rate (the rate at which banks borrow deposits from each other). However, repo rates shot up to 10% on Sept. 17. Yet banks were refusing to lend to each other, evidently passing up big profits to hold onto their cash. Since banks weren’t lending, the Federal Reserve Bank of New York jumped in, increasing its overnight repo operations to $75 billion. On Oct. 23, it upped the ante to $165 billion, evidently to plug a hole in the repo market created when JPMorgan Chase, the nation’s largest depository bank, pulled an equivalent sum out. (For details, see my earlier post here.)
By December, the total injected by the Fed was up to $323 billion. What was the perceived danger lurking behind this unprecedented action? An article in The Quarterly Review of the Bank for International Settlements (BIS) pointed to the hedge funds. As ZeroHedge summarized the BIS’ findings:
[C]ontrary to our initial take that banks were pulling from the repo market due to counterparty fears about other banks, they were instead spooked by overexposure by other hedge funds, who have become the dominant marginal – and completely unregulated – repo counterparty to liquidity lending banks; without said liquidity, massive hedge fund regulatory leverage such as that shown above would become effectively impossible.
Hedge funds have been blamed for the 2008 financial crisis, by adding too much risk to the banking system. They have destroyed companies by forcing stock buybacks, asset sales, layoffs and other measures that raise stock prices at the expense of the company’s long-term health and productivity. They have also been a major factor in the homelessness epidemic, by buying foreclosed properties at fire sale prices, then renting them out at inflated prices. Why did the Fed need to bail these parasitic institutions out? The BIS authors explained:
Repo markets redistribute liquidity between financial institutions: not only banks (as is the case with the federal funds market), but also insurance companies, asset managers, money market funds and other institutional investors. In so doing, they help other financial markets to function smoothly. Thus, any sustained disruption in this market, with daily turnover in the U.S. market of about $1 trillion, could quickly ripple through the financial system. The freezing-up of repo markets in late 2008 was one of the most damaging aspects of the Great Financial Crisis (GFC).
At $1 trillion daily, the repo market is much bigger and more global than the fed funds market that is the usual target of central bank policy. Repo trades are supposedly secured with “high-quality collateral” (usually U.S. Treasuries). But they are not risk-free, because of the practice of “re-hypothecation”: the short-term “owner” of the collateral can use it as collateral for another loan, creating leverage – loans upon loans. The IMF has estimated that the same collateral was reused 2.2 times in 2018, which means both the original owner and 2.2 subsequent re-users believed they owned the same collateral. This leveraging, which actually expands the money supply, is one of the reasons banks put their extra funds in the repo market rather than in the fed funds market. But it is also why the repo market and the U.S. Treasuries it uses as collateral are not risk-free. As Wall Street veteran Caitlin Long warns:
U.S. Treasuries are … the most rehypothecated asset in financial markets, and the big banks know this. … U.S. Treasuries are the core asset used by every financial institution to satisfy its capital and liquidity requirements – which means that no one really knows how big the hole is at a system-wide level.
This is the real reason why the repo market periodically seizes up. It’s akin to musical chairs – no one knows how many players will be without a chair until the music stops.
ZeroHedge cautions that hedge funds are the most heavily leveraged multi-strategy funds in the world, taking something like $20 billion to $30 billion in net assets under management and levering it up to $200 billion. According to The Financial Times, to fire up returns, “some hedge funds take the Treasury security they have just bought and use it to secure cash loans in the repo market. They then use this fresh cash to increase the size of the trade, repeating the process over and over and ratcheting up the potential returns.”
ZeroHedge concludes:
This … explains why the Fed panicked in response to the GC repo rate blowing out to 10% on Sept 16, and instantly implemented repos as well as rushed to launch QE 4: not only was Fed Chair Powell facing an LTCM [Long Term Capital Management] like situation, but because the repo-funded [arbitrage] was (ab)used by most multi-strat funds, the Federal Reserve was suddenly facing a constellation of multiple LTCM blow-ups that could have started an avalanche that would have resulted in trillions of assets being forcefully liquidated as a tsunami of margin calls hit the hedge funds world.
“Helicopter Money” – The Only Way Out?
The Fed has been forced by its own policies to create an avalanche of speculative liquidity that never makes it into the real economy. As Gammon explains, the central banks have created a wall that traps this liquidity in the financial markets, driving stocks, corporate bonds and real estate to all-time highs, creating an “everything bubble” that accomplishes only one thing – increased wealth inequality. Central bank quantitative easing won’t create hyperinflation, says Gammon, but “it will create a huge discrepancy between the haves and have nots that will totally wipe out the middle class, and that will bring on MMT or helicopter money. Why? Because it’s the only way that the Fed can get the liquidity from the financial economy, over this wall, around the banking system, and into the real economy. It’s the only solution they have.” Gammon does not think it’s the right solution, but he is not alone in predicting that helicopter money is coming.
Investopedia notes that “helicopter money” differs from quantitative easing (QE), the money-printing tool currently used by central banks. QE involves central bank-created money used to purchase assets from bank balance sheets. Helicopter money, on the other hand, involves a direct distribution of printed money to the public.
A direct drop of money on the people would certainly help to stimulate the economy, but it won’t get the parasite of financialization off our backs; and Gammon is probably right that the Fed lacks the tools to fix the underlying disease itself. Only Congress can change the Federal Reserve Act and the tax system. Congress could impose a 0.1% financial transactions tax, which would nip high-frequency speculative trading in the bud. Congress could turn the Federal Reserve into a public utility mandated to serve the productive economy. Commercial banks could also be regulated as public utilities, and public banks could be established that served the liquidity needs of local economies. For other possibilities, see Banking on the People here.
Solutions are available, but Congress itself has been captured by the financial markets, and it may take another economic collapse to motivate Congress to act. The current repo crisis could be the fuse that triggers that collapse.
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This article was first posted on Truthdig.com. Ellen Brown chairs the Public Banking Institute and has written thirteen books, including her latest, Banking on the People: Democratizing Money in the Digital Age. She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com.
https://ellenbrown.com/2020/01/10/the-fed-protects-gamblers-at-the-expense-of-the-economy/#more-14367
Tuesday, March 24, 2020
Federal Reserve is creating a digital dollar! One World Currency is coming!
The number 19 in Strongs means "slaughter"
"slaughter" = 666 (English Sumerian)
"slaughter" = 511 (Jewish)
Forbes reported today that they put on US digital dollar in the House virus bill.
"Get ready for a world currency" = 133 (Full Reduction) 13/3 Trump declared a national emergency. 133 = 13/3
Strongs 222 means "Flame of God"
"Flame of God" = 48 (Full Reduction)
"Donald Trump" = 48 (Full Reduction)
Get ready for a world currency....The date on the chest of the phoenix standing in the pill of burning dollars bills is 10/10/2018
From and including: Wednesday, October 10, 2018
To and including: Wednesday, August 5, 2020
Result: 666 days
Guess what day August 5th is? It's Jewish Valentines day.
Wed, 5 August 2020 = 15th of Av, 5780
ט״ו בְּאָב תש״פ
Parashat Eikev (in Diaspora)
Tu B'Av
Remember the man who lit himself on fire 5/25/19 at the WH? He did that exactly 33 weeks after the date on the Phoenix chest.
From and including: Wednesday, October 10, 2018
To, but not including Wednesday, May 29, 2019
33 weeks
Burning man festival was August 25th 2019
88 days from burning man on the WH lawn!
88 = Trump
From and including: Wednesday, May 29, 2019
To, but not including Sunday, August 25, 2019
Result: 88 days
Or 2 months, 27 days = 227 = PI
From WH burning man to WHO declaring a pandemic was 9 months 11 days....
From and including: Wednesday, May 29, 2019
To, but not including Wednesday, March 11, 2020
9 months, 11 days excluding the end date.
The burning man made only 1 tweet
@arnamania FEEL THE BURN he posted it at 10:10 am =Phoenix chest said 10/10
"@arnamania FEEL THE BURN" = 888 (Satanic)
"global currency reset" = 888 (Satanic)
"burning man" = 113 (English Ordinal)
WHO declared a pandemic on 11/3
"White House lawn burning man" = 1776 (English Sumerian)
"dollar bills burning" = 201 (English Ordinal) event 201
The burning man had a teeshirt on that said USA
USA U=3 S=1 A=1 = 3/11 The WHO declared a pandemic on 3/11
Jonathan Kleck #COVID19
He points out an important decode starting at 57:00 in the video....
C is 3rd letter in the alphabet.... 3 is Abaddon ...OVID means sheep..19 means slaughter....
COVID19
Revelation 9:11
"And they had a king over them, which is the angel of the bottomless pit, whose name in the Hebrew tongue is Abaddon, but in the Greek tongue hath his name Apollyon" = 614 (Full Reduction)
Trump's birthday is 6/14
"By the pricking of my thumbs, Something wicked this way comes" = 614 (English Ordinal)
Trump's birthday 6/14
"something wicked this way comes" = 2424 (Reverse English Sumerian)
"forty fifth President of the United States Donald John Trump" = 2424 (Satanic)
"June fourteenth nineteen forty six" = 2424 (English Sumerian) (Trump's birthday)
"make america great again" = 2424 (Reverse English Sumerian)
Strong's 2424 is Jesus
HERE IT IS! The reason for the virus! #RothschildCurrency
HERE IT IS! The reason for the virus!
Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar
Updated on 3/24/20 at 11:45 AM: The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee still contains this language. Links to the original and updated stimulus bills with the latest language are at the end of the story.
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
Both Speaker Pelosi’s ‘Take Responsibility for Workers and Families Act’ and the ‘Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),’ introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.
The bill establishes a digital dollar, which it defines as ‘a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank or … an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).’ Additionally, a digital dollar wallet is identified as ‘a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.’
A mandate also requires all ‘member banks’ establish a ‘pass-through digital dollar wallet’ to all customers eligible for the stimulus. Member banks include those banks that are ‘members’ of the Federal Reserve and regulated by the Fed. Additionally, ‘Non-Member’ state banks – those that not members of the Federal Reserve and regulated by the FDIC – could opt-in to offer pass-through digital dollar wallets as well.
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/amp/?__twitter_impression=true
Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar
Updated on 3/24/20 at 11:45 AM: The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee still contains this language. Links to the original and updated stimulus bills with the latest language are at the end of the story.
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
Both Speaker Pelosi’s ‘Take Responsibility for Workers and Families Act’ and the ‘Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),’ introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.
The bill establishes a digital dollar, which it defines as ‘a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank or … an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).’ Additionally, a digital dollar wallet is identified as ‘a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.’
A mandate also requires all ‘member banks’ establish a ‘pass-through digital dollar wallet’ to all customers eligible for the stimulus. Member banks include those banks that are ‘members’ of the Federal Reserve and regulated by the Fed. Additionally, ‘Non-Member’ state banks – those that not members of the Federal Reserve and regulated by the FDIC – could opt-in to offer pass-through digital dollar wallets as well.
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/amp/?__twitter_impression=true
Monday, March 23, 2020
#COG Who becomes President under "Continuity of Government" if Trump and Pence get sick?
#COG Who becomes President under "Continuity of Government" if Trump and Pence get sick? This guy does!
"Terrence John O'Shaughnessy" = 1776 (English Sumerian)
I wish I had his birthdate!
Dark Journalist America Under COG: NORTHCOM X Military Rule Revealed!
https://www.youtube.com/watch?v=02e6owIlx20
Sunday, March 22, 2020
Happy 40th birthday to the Georgia Guidestones
From and including: Saturday, March 22, 1980
To, but not including Sunday, March 22, 2020
40 years excluding the end date
The guidstones were in the path of totality during the 2017 eclipse....
From and including: Saturday, March 22, 1980
To, but not including Monday, August 21, 2017
Result: 13,666 days
Interesting number
To, but not including Sunday, March 22, 2020
40 years excluding the end date
The guidstones were in the path of totality during the 2017 eclipse....
From and including: Saturday, March 22, 1980
To, but not including Monday, August 21, 2017
Result: 13,666 days
Interesting number