They’re not booing... they’re saying Maaaahhhnooooooooch...
The $600 being credited to US person bank accounts this morning already... (I guess he didn’t do a part 2/2?)...
I’ve read the $600 individual payments will total about $166B for US Treasury... I’m interested to see what they do or don’t do to adjust the TGA balance in response to these withdrawals...
.@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2)
— Steven Mnuchin (@stevenmnuchin1) December 29, 2020
The question we should be asking is why a citizen should require a PRIVATE BANK ACCOUNT to get fiat from his government? Or at least to be able to USE that fiat safely without a PRIVATE BANK ACCOUNT?
ReplyDeleteTruly the Emperor has no clothes and should be ashamed to serve a damn usury cartel instead of his own citizens.
Yo there aren’t enough people who work for the Fed... they delegate to the member institutions that they then regulate... and US Tresury delegates to the Fed...
ReplyDeleteUS Treasury > Fed > Depositories
Take a f-ing Math course....
Yo,
ReplyDeleteTake a computer science course and recognize that simple debit accounts for all citizens could be almost entirely automated.
Besides, a monetary sovereign can afford all the personnel and new infrastructure required so that citizens may use fiat in account form so there has NEVER been a real excuse for government privileged private banks EVEN before computers were invented.
Ok, I am looking at the math. What I see is that the $600 is a pittance when you consider that it even falls short of even covering Trump's taxes ($750).
ReplyDeleteWith $600 you can have an ice cream party.
ReplyDeleteYo AA read it and weep:
ReplyDeletehttps://twitter.com/federalreserve/status/1344374506723438598?s=20
I knew that individuals are forbidden by law to have accounts at the Federal Reserve but:
ReplyDelete1) Laws can be changed.
2) That law should be changed since it violates equal protection under the law in favor of banks and, by extension, in favor of the rich, the most so-called "credit worthy."
Andrew is a fighter for change.
ReplyDelete