Federal Reserve Intervenes with Massive Repo to Inject Cash into Money Markets

For the first time since 2008 the private central bank Federal Reserve has intervened in the money markets due to “unusually high demand for cash,” that sends borrowing costs soaring high, with massive $53 billion repo on Tuesday, and another $75 billion on Wednesday.

The Wall Street Journal reports,

The New York Fed moved Tuesday morning to inject $53 billion into the banking system through transactions known as repurchase agreements, or repos. The bank said Tuesday afternoon it would inject up to $75 billion more on Wednesday morning, but many in the market were looking beyond that decision.

“The market will be waiting to see if the Fed makes this a more permanent part of the playbook,” said Beth Hammack, the Goldman Sachs Group Inc. treasurer.

… The New York Fed hasn’t had to intervene in money markets since 2008 because during and after the financial crisis, the Fed flooded the financial system with reserves—the money banks hold at the Fed. It did this by buying hundreds of billions of dollars of Treasurys and mortgage-backed securities to spur growth after cutting interest rates to nearly zero.

Reserves over the last five years have been declining, after the Fed stopped increasing its securities holdings and later, in 2017, after the Fed began shrinking the holdings. Reserves have fallen to less than $1.5 trillion last week from a peak of $2.8 trillion.

The Fed stopped shrinking its asset holdings last month, but because other Fed liabilities such as currency in circulation and the Treasury’s general financing account are rising, reserves are likely to grind lower in the weeks and months ahead.

In addition, brokers who buy and sell Treasurys have more securities on their balance sheets due to increased government-bond sales to finance rising government deficits.

Then on Monday, corporate tax payments were due to the Treasury, and Treasury debt auctions settled, leading to large transfers of cash from the banking system.

https://www.wsj.com/articles/fed-to-conduct-first-overnight-repo-transactions-in-several-years-11568729757

Who are these people doing “large transfers of cash from the banking system”?

Why are they hoarding cash if there’s no economic recession coming?

Countermeasures like these only feeds the doom and gloom predictions about a massive recession coming. For how long can the fiat system kick the can out of its massive $400 trillion bankruptcy in the US alone, as earlier posted on this site?

In its report, AB Bernstein took debt from a number of sources and compared it to GDP. Using this methodology, federal, state and local government debt combined amounted to 100 percent of GDP. Households and firms accounted for 150 percent, while debt held by financial firms came to 450 percent. Another 27 percent came from trusts for social insurance programs, 484 percent from promises under current social insurance programs, and 633 percent from obligations for social programs. The total debt therefore amounted to 1,832 percent.

“US debt is large. And it’s growing. But if we want to think about debt problems (in any sector – sovereign, households, firms or financials), the conditions rather than the levels are more significant,” Philipp Carlsson-Szlezak, chief US economist at AB Bernstein, said in the report.

https://geopolitics.co/2019/09/13/actual-us-debt-may-be-400-trillion-or-20-times-gdp-wall-street-report/

That’s the bleak scenario within the debt-based fiat financial system controlled by the Corporatists Nazionist plague.

There is however a different scenario wrestling its way to the public through a fully restored US Republic, to wit:

  • HR25 – the Fair Tax Act ;
  • HR193 – the Sovereignty Act – presumably to end dominance by the UK IAW the Act of 1871 ;
  • HR24 – the Act to Audit the FED ;
  • HR10 – the Act to end the bankster bailouts, thus repealing Dodd Frank;
  • S2155 – a three part solution – economic recovery, banking changes, and consumer protection

Both HR25 and S2155 have a distinct similarity to the so called NESARA Act, that could now be considered GESARA (G for Global), our volunteer researcher, ex-Air Force Pilot John, suggests.

So, there you have it folks, i.e. a way out from the Khazarian Mafia slavery system. Will you take it, or just do nothing?

You can actually participate in crippling the Deep State organized criminal cabal, while enjoying healthcare freedom at the same time, by boycotting Big Pharma for good.

11 thoughts on “Federal Reserve Intervenes with Massive Repo to Inject Cash into Money Markets”

  1. So now the ZioBanksters are blatant about taking as many assets from people under the guise of REPO, give it out for next to nothing tied to an asset, then up the interest watch em fail and take the asset, wow how very Zionist faykjoo of them..

    1. Wait for the repo’s to start taking effect. The public and corporations have accumulated 150% of that ‘debt’ and they will be called in first. Remember it was just about a week ago that it was announced here on GP that US corp was bankrupt? So how has this funding come about?
      Perhaps another visit to the printing press helped…

  2. Buying up their own fake money with more fake money? Pfft… Until these creatures are no longer present at all the problems that they keep creating aren’t going away.

  3. The Jews’ grift-machine extends their grift, and their tools in the US Tyranny pretend to care.

    “It’s the Jews, stupid.” — Steele

  4. SMELLS…Like a “Buy-Back” trick like the Fake Stock Markets use to give FALSE value to something worthless as maggot ridden garbage!
    Aaaah those Fake Jew Zionist are STILL “At-It” all over again (LAUGH!!!)
    WHAT else can one expect from a PIG, but more Grunts!!!

  5. If the legislation referenced in this article is genuine and ratified, then the new currency system will still have to be openly, and transparently, verifiable to everyone without exception (to include the public) . Furthermore, the energy parasites that currently operate the central banking systems still have to be completely removed. Also, all corrupted and compromised individuals operating within government must be removed. The government itself also has to be restructured, and rendered completely accountable and fully transparent to everyone, including the public. The US military has to draw down all forward deployed forces, disarm completely, dismantle arms and armaments, and be completely repurposed to self defense (only) and the institution and enforcement of peace (in its own actual land, i.e. NOT anywhere outside of the United States). The negative beings that control the arms manufacturing conglomerates which arm and finance the US military must be completely removed, and their corporations dissolved.
    So, yeah, there’s quite a bit to do, and that is just to start with… Aaaannnndddd that just covers the US…..

    1. @Josh
      WOW!…Would Anyone LOVE to SEE this actually happen WORLDWIDE…Only ONE Huge Problem…THEY would HAVE to turn against Their Mother…The VATICAN and SHUT-HER-DOWN…FOREVER.
      She represents the BIGGEST FRAUD EVER TO EXIST ON THIS PLANET…She has even “Painted” god & son as WHITE MEN/WOMAN.

  6. What I dont see talked about anywhere is how NESARA/GESARA is going to benefit those of society that were actually responsible with their life decisions…. Specifically, if all debt is cancelled, 90% of people will essentially get a free house, a free car, a free education, and some free credit card backpayments, but what about those of us that worked hard, didnt get into debt, dutifully paid taxes, and made constant sacrifices to live beneath their means? What will they get? Seems like they will get shafted as they would have no loans to pay off and potentially have negated any passive investments theyd have from everyone else becoming economically equalized to them without the actual economic value to reflect it. Though im sure everyone else will cheer that they got a giant handout for nothing (when nobody forced them to get into debt in the first place).

    1. @Payten
      Obviously You haven’t done Any Research about NESARA/GESARA…They were Never about FREE Money for Everyone on Earth…It was about RETURN OF STOLEN WEALTH That the Bankers OWE “YOU” Payten…Regardless of what your status is in life…working or not.
      YOU, would be getting $100,000@ Month for 11 years!!! By now YOU would have accumillated $132,000,000.oo since 9/11 have that LAW been enforced…NO MATTER WHAT YOU ARE DOING FOR A LIVING.
      UNDERSTAND…NESARA/GESARA was about being “YOU” PAID BACK about the MASSIVE fraud done to EVERYONE on the ENTIRE Planet.
      If YOU had that kind of “Pay-back” coming your way EVERY MONTH for 11 years…Would YOU be concerned about ANYTHING Else.
      When I was working myself I was already making a “Upper-middle class” income when I learned about NESARA…THINK I would have Gave-a-Phuck about anything else after acquiring an additional $100,000@MONTH?!?!
      The VATICAN Corporate world has been RIPPING EVERYONE OFF WORLDWIDE SINCE THEIR CREATION!…ALL STOLEN!!!
      Get The Picture???
      I suggest you do research about the “Farm-Aid” movement back in the 80’s, that lead to the EXPOSURE of What the Bankers were doing to “YOU”…or maybe YOU don’t Care???

  7. One could read this,
    Note;- Made into an agreement in 2017 and not once does it mention the UK, yes the UN is mentioned countless times….
    Has the UK or the USA ever listen to the UN? Nope!!! This just gives the USA more money to give to Israel… if approved – does it matter?

    1. HR193 – the Sovereignty Act – presumably to end dominance by the UK IAW the Act of 1871 ;

      Sorry this was supposed to be attached to the above.

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