Thread from Feb 6th 2025 194 posts
https://archive.4plebs.org/pol/thread/496654194

200 post thread from Nov 10 2024
https://archive.4plebs.org/pol/thread/487963430/#q487963430

the great irony here, is the more cash the public uses, the more it forces the Fed franchises to hold the interest-free fiat as liabilities (aka CIC cash in circulation) and thus, making US taxpayers’ dollars less available to be spent paying out the liabilities of IORB to primary dealers and interest on reverse repo transactions to MMFs

The now-bankrupt Federal Reserve franchise collateralizes their worthless Federal Reserve Notes with US treasuries (aka securities).
The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act.

Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.
How is JPM making record profits when the NYFed's private franchise ITSELF is ~$130B in the hole?
Why is JPM still being paid dividends when the NYFed is insolvent?

When money replaces actual success, only the sleazy will be rich.

The now-bankrupt Federal Reserve franchise collateralizes their worthless Federal Reserve Notes with US treasuries (aka securities).
The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act.

Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.
How is JPM making record profits when the NYFed's private franchise ITSELF is ~$130B in the hole?
Why is JPM still being paid dividends when the NYFed is insolvent?

When money replaces actual success, only the sleazy will be rich.

>>508993469
>>508993658
>>508993717
>>508993766
Notes with US treasuries (aka securities).
The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act.

Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.
How is JPM making record profits when the NYFed's private franchise ITSELF is ~$130B in the hole?
Why is JPM still being paid dividends when the NYFed is insolvent?

When money replaces actual success, only the sleazy will be rich.

>>507579943
>I don't understand what you mean (nor the importance of) the Fed being "bankrupt". Banks don't need assets to issue currency and never have. Creating currency when a loan is issued (as opposed to being an IOU for an asset, even fractionally) is the whole point.
and none more thing, any other corporation in america wold be jailed for this level of failure and deception

The now-bankrupt Federal Reserve franchise collateralizes their worthless Federal Reserve Notes with US treasuries (aka securities).
The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act.

Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.
How is JPM making record profits when the NYFed's private franchise ITSELF is ~$130B in the hole?
Why is JPM still being paid dividends when the NYFed is insolvent?

When money replaces actual success, only the sleazy will be rich.