$125 billion in 5 days: Fed quietly floods banks with cash again — what’s going on?
This is much worse than I originally thought today when I saw this headline over at Hal Turner’s website.
Federal Reserve Pumps Another $22 Billion into Banks
I thought wow they just pumped $30 billion into the banks last Friday night and now this? Something big is coming. Indeed something big is coming as the Fed has quietly pumped in a total of $125 Billion in 5 days, not the $52 Billion I had originally thought! The Economic Times India had this to say about the crisis.
In short, the Fed’s $125 billion cash boost is about keeping the financial system from seizing up. It’s a quiet but significant move. Not designed to fuel growth. Made to prevent instability. The banking system gets a temporary cushion. Investors get reassurance. The Fed signals readiness to act.
Personally I don’t think that’s enough of a warning as that is a ton of money that was needed to keep the economy from seizing up! Every time the Fed does this the money in your bank account loses value and purchasing power, thereby fueling inflation. It’s what they call a “hidden tax” and is a consequence of printing money based on nothing but thin air. Soon you’ll need a wheel barrel full of money in order to buy a loaf of bread, kind of like Germany back in 1923 during their hyperinflation crisis.
Biblically it reminds me of Revelation 6:6: And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!” Essentially it means a days wages for some wheat/barley to make your bread. Yes things are going to be much worse soon.
The Economic Times article said that we should think of it like a safety net. When banks face sudden demands for cash, they can’t always sell assets fast enough without causing market shocks. By injecting cash, the Fed makes sure that doesn’t happen. While the move might seem dramatic, it’s mostly precautionary — a way to prevent stress in the financial system before it spirals. Before it spirals. The question is when does it finally spiral into oblivion? The writing is on the wall.
Prayed up and prepped up, time is short!
You can support this ministry and keep us on the internet using the links below. Patreon is gone so now we have PayPal, Cash App and Buy me a Coffee as our online options. The buy me a coffee link is below.
Free Ebook on Spiritual Warfare
Cash App ID: $jstorm212
Discover more from Don't Speak News
Subscribe to get the latest posts sent to your email.
One wonders if the lack of paychecks for federal workers is the straw needed for the banks to be in more trouble than they can hide.
It’s taken 14 billion from the economy so far, I’m sure that has to hurt them some.