The timing of the corona virus was perfect to sabotage Trump's presidency and re-election bid.Majik » 16 Nov 2024, 8:55 pm » wrote: ↑ The Federal Reserve "pulled" about thirty billion dollars ($30 Billion) of available credit from its Bank Term Funding Program, and many people are saying this lack of liquidity for banks, is going to cause a "crash.."
https://halturnerradioshow.com/index.ph ... ogram-btfp
Trump presiding over the crash is likely to be better than some machine politician doing it.*GHETTOBLASTER » 16 Nov 2024, 9:15 pm » wrote: ↑ The timing of the corona virus was perfect to sabotage Trump's presidency and re-election bid.
The [[[Federal Reserve]]] will be able to claim this action was technically necessary for one reason or another [and not deliberate sabotage]..but nevertheless this move could trigger an emotional reaction [panic] that's sets off a crash..
The timing of this is impeccable.
You people are so **** stupid.Majik » 16 Nov 2024, 8:55 pm » wrote: ↑ The Federal Reserve "pulled" about thirty billion dollars ($30 Billion) of available credit from its Bank Term Funding Program, and many people are saying this lack of liquidity for banks, is going to cause a "crash.."
https://halturnerradioshow.com/index.ph ... ogram-btfp
**** are you in denial...Blackvegetable » 17 Nov 2024, 6:50 am » wrote: ↑ You people are so **** stupid.
Hal Turner.
Moron.
Neither of you have the slightest idea what the facility is about.
Accordingly it can be anything.
If you think things are "going south", why do you enable a serial bankrupt?Majik » 17 Nov 2024, 9:41 am » wrote: ↑ **** are you in denial...
I hope you have a plan....when **** goes south ...
I assume he BTFP was put in place by our brightest economic minds and with a room full of careful calculations.Fuelman » 17 Nov 2024, 10:22 am » wrote: ↑ The BTFP was started in March of 2023. It's amazing we survived the prior 100 years.
There appears to be a discrepancy in the actual truth and what some **** posted on X.*GHETTOBLASTER » 17 Nov 2024, 11:25 am » wrote: ↑ I assume he BTFP was put in place by our brightest economic minds and with a room full of careful calculations.
SO... JUST AS SOON AS Trump is elected these people suddenly realize that they accidentally over calculated by DOUBLE what needs to be in the fund.
Got it.
November 2024..........Fuelman » 17 Nov 2024, 12:03 pm » wrote: ↑ There appears to be a discrepancy in the actual truth and what some **** posted on X.
March 15, 2024 "As of March 11, 2024, the Bank Term Funding Program (BTFP) has ceased making new loans. As your institution has no BTFP loans outstanding, the Federal Reserve encourages you to transfer the collateral in your BTFP account to your discount window account. The discount window will continue to provide ready access to funding to meet liquidity needs"
Again,*GHETTOBLASTER » 17 Nov 2024, 12:56 pm » wrote: ↑ November 2024..........
"If bank's money is tied-up in Treasury Notes for a fixed term, and the federal reserve has now pulled credit from the Bank Term Funding Program, then how will banks meet their cash needs if the federal reserve won't give them the credit to get the cash from them? Answer: They won't."
Fuelman » 17 Nov 2024, 1:29 pm » wrote: ↑ Again,
March 15, 2024 "As of March 11, 2024, the Bank Term Funding Program (BTFP) has ceased making new loans.
The depository institution's will continue to go to the same place they have since 1913 for short term liquidity, The Federal Reserve Discount Window.
Stands to reason that even though the program ended, there were still loans out hence the balance. No new loans are being executed under this program.*GHETTOBLASTER » 17 Nov 2024, 1:55 pm » wrote: ↑ If the program has been abolished, scrapped, terminated...why does it still show a balance of 26B..or even just 1 dollar...?
OK....Fuelman » 17 Nov 2024, 2:15 pm » wrote: ↑ Stands to reason that even though the program ended, there were still loans out hence the balance. No new loans are being executed under this program.
Will there be a need to restart it in the future, I have no idea.
Not a surprise after the election didn't go ruling elites way. the results should arrive around Valentine's Day massacre of US dollar on the world market.Majik » 16 Nov 2024, 8:55 pm » wrote: ↑ The Federal Reserve "pulled" about thirty billion dollars ($30 Billion) of available credit from its Bank Term Funding Program, and many people are saying this lack of liquidity for banks, is going to cause a "crash.."
https://halturnerradioshow.com/index.ph ... ogram-btfp
Called it weeks ago…*GHETTOBLASTER » 17 Nov 2024, 2:54 pm » wrote: ↑ OK....![]()
By next spring there ought to be a zero balance by then.
They have no choice but to go south ....now.Blackvegetable » 17 Nov 2024, 9:47 am » wrote: ↑ If you think things are "going south", why do you enable a serial bankrupt?