A thread 🧵 on #CentralBanks for your awareness.
Gold has been considered hard money for 5000 years. 20% of all the gold ever mined is owned by central banks of the world. Why do central banks buy gold?
- Balancing foreign exchange reserves
- Hedging against fiat currencies
-…
Gold has been considered hard money for 5000 years. 20% of all the gold ever mined is owned by central banks of the world. Why do central banks buy gold?
- Balancing foreign exchange reserves
- Hedging against fiat currencies
-…
How much gold do we have in the entire world?
A cube (22m x 22m x 22m) is all the gold ever mined.
- 201,296 tons of gold (above ground, extracted)
- 53,000 tons of gold (below ground, unextracted)
46% used for jewelry
17% held by central banks
22% held by private investors…
A cube (22m x 22m x 22m) is all the gold ever mined.
- 201,296 tons of gold (above ground, extracted)
- 53,000 tons of gold (below ground, unextracted)
46% used for jewelry
17% held by central banks
22% held by private investors…
Here’s a prev 🧵 on #FederalReserve the largest central bank in the world
If you want to understand how quickly money changes hands, what M2 money supply is and how debts are cleared… go watch this 2 min clip 👍
#BankingCrisis hit so hard and markets have such low confidence on #CreditSuisse, they offered $0.5 per share totaling $2 billion wiping out $68 billion it was valued at just a couple of years ago… fire-sale
Banks are broke everywhere. They’re begging central banks for liquidity👇
#FederalReserve hasn’t ever been independently audited for its gold quantity or quality. What if they’re faking the reserves at 8,200 metric tons without audits just like the JPMorgan Nickel stash which turned out to be stones 🤷♂️
NOTHING SPREADS LIKE A BANK RUN
#CreditSuisse paid $11.5 billion in misdemeanor slap on the wrist fines alone. UBS acquired it for 1/4th that.
USD vs. #Bitcoin
A MUST WATCH CLIP 🔥🔥🔥🔥
A senator asks tough questions to Janet Yellen and she stumbles to answer those #JanetYellen
A senator asks tough questions to Janet Yellen and she stumbles to answer those #JanetYellen
When they say they’re bailing out the banks without any sort of impact to the taxpayers… don’t trust them
Funny it resembles our banking system
Fiat central banking with money printing without any backing of value is plunder. Plunder is the way of life for all #CentralBanks including the #FED
CPI is garbage when they can cook the books on what factors go in & out. If the reported inflation is 6%, the real inflation is at least 2x-3x that number.
#FederalReserve and #CentralBanks are not based on sound economic policies. All that Fiat economists do is stealth wealth stealing and hope no one notices it until it dies off. They extend the charade with a new Fiat.
Chancellor on the brink of a third bailout for banks. The flood is upon us all. Are you on the #Bitcoin ark yet?
The #FederalReserve dot plot
It’s a tough job for #JeromePowel
We can’t avoid a recession at this time. It’s a crisis built on a crisis that’s never solved. Isn’t it what governments and #FederalReserve does all the time🤷♂️
Doesn’t look good TBH
All the foreign holders of US debt. Japan, China, UK and Belgium hold the largest amounts in that order.
The #FederalReserve rate hikes brings down every bank to its knees 😂
When your pay was rising with productivity, people were able to afford a home, a car and a decent life with a single income. Now that our pays are stagnant, it’s much harder to survive on a single income.
You had to take risks on investments. #Bitcoin is your best savings for…
You had to take risks on investments. #Bitcoin is your best savings for…
Careful what you wish for, your wishes might come true sometimes
Why are banks Ponzi schemes?
Banks operate by paying existing investors with new money deposits from new investors, as they have fractional reserves and all old money is lent out for loans to make more money.
If god forbid, even 25% of the clients ask for their money back, they…
Banks operate by paying existing investors with new money deposits from new investors, as they have fractional reserves and all old money is lent out for loans to make more money.
If god forbid, even 25% of the clients ask for their money back, they…
Each and everyone of these loans have to be recovered. This is conflict of interest for all the bank insiders.
#FederalReserve plays stupid games bailing out banks, wins stupid prizes.
#FederalReserve plays stupid games bailing out banks, wins stupid prizes.
#FederalReserve holding itself accountable for failures is like thief holding himself accountable for any thefts or an addict holding himself accountable for any relapses.
Is #CharlesSchwab the next in line
#FederalReserve creates all your debt
The American Death wish brought to you by our favorite #FederalReserve
When it comes to what causes #inflation your central banks like FED, ECB, BOJ, BOE, BOC, SNB etc. are as clueless as deer in the headlights.
My suspicion is they know very well that money printing causes the wealth divide & inflation, but they don’t wanna risk losing the Ponzi.
My suspicion is they know very well that money printing causes the wealth divide & inflation, but they don’t wanna risk losing the Ponzi.
If the US Dollar collapses, will there be rush for the exits, where does money go
#FederalReserve works as a charm
#Bitcoin is a failed short experiment
No #AprilFoolsDay2023 to you today
#Bitcoin is a failed short experiment
No #AprilFoolsDay2023 to you today
At the #siliconvalleybank there were $13,300,000,000 with just 10 depositors. When they bailed this bank with FDIC unlimited, essentially bailed billionaires with taxpayer money.
If you think Main Street is getting a bailout, no you’re not. It’s the Wall Street bailouts in 2008,…
If you think Main Street is getting a bailout, no you’re not. It’s the Wall Street bailouts in 2008,…
US government debt is going parabolic
US Senator Elizabeth Warren says "with #Bitcoin, there's no thing that backs it up… It's just belief…
What’s backing up the US dollars then Senator?
What’s backing up the US dollars then Senator?
The three J’s are actively destroying the US Dollar with fastest interest rate hikes ever, bank bailouts and bad energy and foreign policy
- Jerome Powell
- Janet Yellen
- Joe Biden
- Jerome Powell
- Janet Yellen
- Joe Biden
Largest monthly loss of deposits in US history… economy is fine right
Silvana Tenreyro a BOE official claims that the inflation at 10.4% was caused by external factors like Ukraine and nothing to do with money printing & QE. As long as #CentralBanks hire fools like these they’ll have zero credibility going forward.
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