The US Federal Reserve

[redraspberry]

It became very murky. Some might even say incestuous. It was unclear to me if the treasury was applying influence on the Fed, as you seemed to suggest, or if the treasury was being turned over to the Fed. The latter seems more likely to me.

I believe the profits from the FEDs dealings now all go to the Treasury.

[brutus2]

It became very murky. Some might even say incestuous. It was unclear to me if the treasury was applying influence on the Fed, as you seemed to suggest, or if the treasury was being turned over to the Fed. The latter seems more likely to me.

In my opinion it is a mutualistic symbiotic relationship.

[brutus2]

In my opinion it is a mutualistic symbiotic relationship.

The combined entity ( Fed and Treasury) are involved in a parasitic symbiotic relationship with the general population.

[redraspberry]

The Rothschilds et al got thrown out. No more skimming to feed their demands.

Next step is to bankrupt the FED/Treasury, or officially acknowledge it. Bidan is working OT to accomplish this.

[vertical1]

I saw Yellen on the MSM broadcast. She said IF we do not raise the Debt Ceiling (kick the ole can again)
There will be catastrophic GLOBAL consequences. IE, our currency is really teetering on the brink. DYODD
Best method to cover your a$$....really unknown at the moment.

I mean, will we be returned to the stone age?

[Markpti]

I saw Yellen on the MSM broadcast. She said IF we do not raise the Debt Ceiling (kick the ole can again)
There will be catastrophic GLOBAL consequences. IE, our currency is really teetering on the brink. DYODD
Best method to cover your a$$....really unknown at the moment.

I mean, will we be returned to the stone age?

A consequence of the US using it's economic/trade and financial sanctions over decades and stupid wars (cost) is the desire to end US dominance in their ability to sanction. Loss of US production (exports), dependence on (imports), and a decline in the value of the USD (thought debt/dilution) must have a consequence - in time. And "time" I fear is running short.

[LongDonSilver]

I spoke to our financial advisor the other day and our investments have been averaging about 12% for the last bunch of years. No bonds!

[brutus2]

Bonds are often a misunderstood investment. They can be as rewarding and as painful as equities.

Say you made 12% for the last 3 years, presumably in equities. You would need to sell your portfolio to lock in those gains.

If you had bought a 30 year US bond 3 years ago and sold it today, you would have also made 35.64% or roughly 12% a year ( 11.88%).

I spoke to our financial advisor the other day and our investments have been averaging about 12% for the last bunch of years. No bonds!

[SilverPalm]

I believe the profits from the FEDs dealings now all go to the Treasury.

You seem to believe a great many things that I do not.

[SilverPalm]

...
Best method to cover your a$$....really unknown at the moment....

This is my opinion as well. I used to think that USD, CHF, GBP & to a lesser extent EUR were safe havens. These days, none of them enjoy the unfettered trust that I once bestowed upon them.