Part – 3; Emphasizing the Fed's dilemma on the disastrous ground and how it will have affected You, me, US?
With the first article [click on the image to the left] we have shown for you The FED’s intention in wrapping up the taper of US asset purchases. With the second (part 2) article [click on the image to the second on the left] we have shown for you the banks of the world that did raise its GOV expenses satisfying the financial elite by adding not just the agony of each and every GOV but killing the known to US western Civilization. At this time, we will have corroborated as how the Primary Dealers assets will affect you individually.
I think you guys want to know as where are the monies, in one lump sum as where is your money?
First of all, you need to understand the financial structure of the US. We have Federal Reserve with its assets worth circa or more than 60% or nearly $5 trillion of the $7.69 trillion in assets include various types of U.S. Treasuries as of March 17, 2021. Those assets are not the Primary Dealers assets. Primary Dealers assets be more likely world assets as you can realize this by proper look at the list of Primary Dealers. (make a click on image to the left) Primary Dealers assets in the US were at the time of the very first illegitimate POTUS sleepy Joe Biden took office was at the level of $205,201 in Trillion. Today those assets are only $127,938 in trillion as of 01/19/2022.
Over 98% of the money in circulation today is from checking deposits – dollars deposited online and converted into a string of digital code by a commercial bank. The digitization of credit and debit card transactions and the development of banking apps has moved many traditionally cash-based transactions into digital space. The left part of cash operation be roughly 2% only, as the cash you be able to see on the street as people make a simple payment in the store. That means that the money you do receive on weekly or monthly as salaries and wages paid by your employer for your work are a form of numbers entered into the computer Banking System. This further means that the money as numbers hold on your bank account or any type of deposit institution - as it may be - at some point as a matter of fact and it is a form of assts hold by Primary Dealers. Either your bank may not be on the Primary Dealers list which are trading counterparties of the New York Fed in its implementation of monetary policy, which the Federal Reserve Bank of New York state on its website provides all you need to know on primary dealers, including a list of current primary dealers, your money is a part of this Federal Open Market Committee (FOMC) - Primary Dealers - Monetary Policies.
So,
the question at present be; did the money you are operating on daily basis,
exist in genuine reality and as how the oncoming disaster will affect you
directly?
Either A primary dealer is a bank or other financial institution that has been approved to trade securities with a national government. In many countries, primary dealers are the only entities who can make a bid for newly-issued government securities. A primary dealer in the U.S. may or thus underwrite new government debt and act as a market maker for the U.S. Federal Reserve. Furthermore, Primary government securities dealers must meet specific liquidity and quality requirements and, in that part, this include your money at the deposit in the bank or financial institution you have chosen yourself. These are often large investment banks or financial institutions. As such, primary dealers operate your money as these assets that the Government want to see. Primary dealers in the U.S. are a system of banks and broker-dealers authorized by the Federal Reserve System to deal directly in government bonds. By purchasing securities in the secondary market through the FRBNY, the government increases cash reserves in the banking system. The increase in reserves raises the money supply in the economy. Conversely, selling securities results in a decrease in cash reserves. Lower reserves mean that less funds are in the lending operation, so the money supply falls. In effect, primary dealers are the Fed’s counterparties in open market operations (OMO). Primary dealers bid for government contracts competitively and purchase the majority of Treasury bills, bonds, and notes at auction. Primary government securities dealers sell the Treasury securities that they buy from the central bank to their clients, creating the initial market. They are required to submit meaningful bids at new Treasury securities auctions. In a way, primary dealers can be said to be market makers for Treasuries. … Or exactly operating your moneys as these assets for or Primary Dealers’ assets in Treasury operation. So, the part of the above question shall be; where the money is? – And then let it be answered by the very first illegitimate POTUS sleepy Joe Biden at the bottom of this article.
Continuing your money description, either you have make any deposit in any financial institution or bank or invest directly in Federal Bonds, Real Estate, Precious Metals, Luxury Assets, Cash, Hidden Away, in a Business, or Cryptocurrency your money be accounted as assets of the mentioned Primary Dealers. Because of the website for the Federal Deposit Insurance Corporation (FDIC) states that "no depositor has ever lost a penny of insured deposits since the FDIC was created in 1933" many of you have strong believes that your money in banks are safe. But FDIC insurance only covers "$250,000 per depositor, per FDIC-insured bank, per ownership category." This applies to both the initial principal and any interest earned. The facts are the facts … you are in the system of Primary Dealers assets reported to the Federal Reserve Bank of New York, as those are invested in US Treasury. And as simple as possible your money does not exist anymore as it is a matter of time before this fact emerge to the surface.
But this is not all;
Many of you has believe that you are in the open and shine future with the Gov a 401(k) plan which is a retirement savings account that allows an employee to divert a portion of their salary into long-term investments. The employer may match the employee's contribution up to a limit. A 401(k) is technically a qualified retirement plan in US and known for the rest of the world as PENSION, meaning it is eligible for special tax benefits under Internal Revenue Service (IRS) guidelines. A pension plan is an employee benefit that commits the employer to make regular contributions to a pool of money that is set aside in order to fund payments made to eligible employees after they retire. Traditional pension plans have become increasingly rare in the U.S. private section. They have been largely replaced by retirement benefits that are less costly to employers, such as the 401(k)-retirement savings plan. Still, about 83% of public employees and roughly 15% of private employees in the U.S., are covered by a defined-benefit plan today according to the Bureau of Labor Statistics. More than 100 million Americans are covered by defined-contribution plans, like a 401(k) or similar, nearly half of U.S. workers in the private sector. And nearly half of those plans are immediately vested participants in employer matching contributions, according to a 2019 report by Vanguard. Well; to your surprise these savings as 401(k) plans also are the Primary Dealers assets. You have probably heard about various 401(k) benefits, but even if you already have one of these employer-sponsored retirement plans, you might not understand exactly how a 401(k) works.
This is the Deal;
Please take a proper look to the excel form of Primary Dealers funds (click on the image to the right) The total amount of insolvency that Screwy Uncle sleepy Joe Biden is in be the amount of $-241,704 in trillion. That means he exceeded the liquidity as Primary Dealers had had at the time Joe Biden took White House. Either you deduct all the treasury contracts, Screwy Uncle sleepy Joe Biden enter to as primary dealers at auction, and in duration of or below two years in contract, it brings us to $-220,202 in trillion. In other words that Screwy Uncle sleepy Joe Biden do not have and will not have that money on maturity date of the contracts at the time that Screwy Uncle sleepy Joe Biden will come to pay or enter on maturity date of the short time contract according to FOMOC minuets published on 5 January 2022 referring to Balance sheet
runoff. (See the image on the left) It is a matter of time as one or two months … or bit longer that Screwy Uncle sleepy Joe Biden get to default as insolvency. Just check for the details at Federal Bank of New York Primary Dealers current assets to verified the excel form exposed to you.
From my experience, on September 2020 the former W.H. administration gets to the very same situation only at the level of 9,5 trillion. At that time Peter Navarro simply revaluate upon my advice the assets and balance the US Gov. books as the intention was (at least on my part) to implement new monetary policies thereafter the 2020 election. But since the Stupid and Greedy Ruling Class decide to furnish the US population with that Screwy Uncle sleepy Joe Biden who stole the 2020 election according to Pennsylvania Supreme Court and the Governor of Nevada runner former Senator Dean Heller who call Bide illegitimate President of the US, this intention was put on hold. Now the Screwy Uncle sleepy Joe Biden has no clue as what needs to be done to restore the US economy and in simple ways he tries to convert short time fiat money in Treasury auction to long term in auction for fiat money upon Treasury Rollover. A SOMA Treasury rollover describes the process by which principal payments from maturing Treasury securities held by the SOMA are reinvested in newly auctioned securities. Specifically, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York places non-competitive bids at Treasury auctions, in an amount equal to all or a portion of the maturing Treasury securities, that will settle on the maturity date of the maturing Treasury securities. On the auction settlement date, the maturing Treasury securities are exchanged for the newly issued Treasury securities. As the very first illegitimate POTUS sleepy Joe Biden has got strong believes that he be able to survive for the duration time in office leaving all the mess to next administration. But this will not work!
You See the sleepy and stupid Joe Biden can’t distinguish what is the DEBT and what is the DEBT SERVICING. US Gov since Bill Clinton never spend single red cent on DEBT repayment. They just pay the DEBT Servicing. And additionally, has everything to do with the current US debt hold by the public. So, Screwy Uncle sleepy Joe Biden simply run dilutional finances rather than US Economy.
Conclusion; In genuine reality your money or savings or 401(k) plans does not exist, and it is a matter of time as when this fact emerge to the surface upon admitting by the GOV of its insolvency. Off course I know as what need to be done and can solve the financial problem within a week or so, but this will not change the fact that the time needed to repay the National DEBT take another 60 or so years.
By Peter von Roggenhausen Feb. 02 2022.
