A passionate seeker of the TRUTH who definitely was not created 2 fit In I definitely was created 2 stand out"
π¨π¨π¨The FEDERAL RESERVE IS INSOLVENT π¨π¨π¨
π¨IT WILL ALL BLOW NEXT WEEKπ¨
π¨π¨π¨LET ME EXPLAIN π¨π¨π¨
The Fed lifted $2.3t of MBS off banks balance sheets when Fed started raising rates.
The Fed created $2.3t in reverse repo.
The Feds assets are the MBS ($2.3t) which are depreciating against rising interest rates.
ISO 20022, protocol 20, Basel III prevent the Federal Reserve from ever going back into QE.
U.S. Treasury bonds are no longer the collateral to the oil trade (liability).
π¨Once the reverse repo is drained,
What is the liability (reverse repo) against the assets on the Feds balance sheet?
Mortgage backed securities (MBS)
Once the reverse repo is drained,
The value of the mortgage-backed securities goes to ZERO
The value of your home goes to ZERO,
continued in comments.....
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Memes, Sigma Empath, stoic, whisky, beer God is omniscient, omnipotent, and omnipresent; so what does God lack ... limitation -J. Peterson
What could happen are (large amounts of) land and property grabs.
While the average individual or family could (re)buy land, houses. and other forms of property on the cheap, but so could large corporations and the government.
Could it happen, who knows for sure, and that is just one scenario.
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Who could do that if the banks collapse and their money goes too? π