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Liberty and Finance NO ESCAPE as FED REPLAYS GFC at HYPER-SCALE | Rob Kirby

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Superhans

Superhans

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Breakthrough Analysis: the Fed and UST are re-running the 2009 Global Financial Collapse playbook at hyper-scale.. New forensic analysis of the officially released financial record from the Office of the Controller General during the epicenter of the 2008-2009 global financial collapse reveals inexplicably massive $10T capital flows into the bankrupt Morgan Stanley, in stunning contrast to the collapse and absorption of Bear Stearns. According to widely followed proprietary analyst and founder of KirbyAnalytics, Rob Kirby, the cake is already in the oven, and the resulting destruction is inescapable. In the face of overwhelming forces, what can the ordinary person do to forestall personal financial disaster, and emerge intact?
 

Tadhg Gaelach

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Breakthrough Analysis: the Fed and UST are re-running the 2009 Global Financial Collapse playbook at hyper-scale.. New forensic analysis of the officially released financial record from the Office of the Controller General during the epicenter of the 2008-2009 global financial collapse reveals inexplicably massive $10T capital flows into the bankrupt Morgan Stanley, in stunning contrast to the collapse and absorption of Bear Stearns. According to widely followed proprietary analyst and founder of KirbyAnalytics, Rob Kirby, the cake is already in the oven, and the resulting destruction is inescapable. In the face of overwhelming forces, what can the ordinary person do to forestall personal financial disaster, and emerge intact?

We're seeing the end of the Capitalist system happening right before our eyes. In China, all the big Capitalists are on a leash to the CCP. If you're in with the Party, you get credit, planning permissions, etc. etc. Now, all the big Capitalists in the West are on a leash to the Central Banks. And not only the big Capitalists, the Fed has now taken over the role of lending to Small to Medium Enterprises. In short, the Fed has taken over the role of allocating capital in the economy. The USA is now a centrally planned economy. It's only a matter of time until the ECB follows. It's clear that the private banks here are unable to lend to SMEs.
 

Tadhg Gaelach

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Of course, all of this is quite logical. The problem with central planning for the Soviet Union was they didn't have enough computing power to control production and distribution to the optimum levels. In the West, this was done by floating prices. But, now "price discovery" is impossible in the West, as central bank intervention has made prices totally artificial and incorrect.

All of that being the case, and now that we have sufficient computing power to control production and distribution, central planning is the only way to go. As Deng Xiaoping famously said "It doesn't matter whether a cat is black or white, as long as it catches mice."
 

gerhard dengler

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Thanks SH for creating this thread for me. I appreciate it.

This presentation by Ron Kirby is excellent. The information that he provides in this video is groundbreaking. The information specifies $10 trillion in derivative trades, over a 9 month period, by bank Merrill Lynch. As Kirby says, this level of trades would requires billions of dollars of trades per second throughout each days in all those 9 months. This level and frequency of transactions is impossible unless a central bank was the counterparty to these trades.
 

bells of shandon

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The US Fed is a private consortium of the 5 Main Banks in the US. They are in effect bailing out themselves with the creation of Trillions of dollars, some crumbs are being thrown to the unemployed. All this is being done under the guise of the damage to the USA economy caused by the COV19 Lockdown.
We have seen from the 2008 Great Financial Crash,that bail-outs of the Banks is a mis-allocation of money and does not have much affect on an economy.
The Financial sector is the predatory sector, its only product is nothing but debt at interest.It is a negative on GDP.
Money is a tool to stimulate Industry, it is a means of exchange for real goods. It is a store of value unless devalued by inflation.
When issued as debt by the Banks, its is a weapon of extortion and looting, as Irelands taxpayers have learned by its servicing of the ECB debt of 220 Billion.
 
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IrishJohn

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The rich will be OK and the poor have nothing to lose.

I think the middle class will suffer the most from this crisis.
 
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