“47% of Americans do not have $400.00 in cash.” -Federal Reserve
Posts Tagged ‘Federal Reserve’
Money Creation
Posted: November 16, 2017 in Private Reserve StrategyTags: bank, banks, Chicago, creation, Federal Reserve, increase, inflation, Money, process, supply
“The inflation process is the increase of the money supply.” L. Carlos Lara
“The actual process of money creation takes place primarily in banks.” -Federal Reserve Bank of Chicago
Money in the Bank
Posted: August 9, 2017 in Private Reserve StrategyTags: account, bank, Cash, computer, dollars, Federal Reserve, loan, look, Money, needed, notes, numbers, officer, paper, phony, phrase, private, reserve, strategy, trillion, vault, world
We have all heard the phrase, “it’s like money in the bank”. Perhaps we should take a closer look.
“All told, there’s more than $13.5 trillion (dollars) in existence. However, the U.S. Federal Reserve says only $1.5 trillion exists as actual paper notes. In other words, nearly 90% of all dollars in the world exist as ‘digits on a screen’…. When you get a loan, your bank doesn’t open its vault, take out cash, and hand it to you. The bank’s loan officer types a few numbers into his computer… and the money arrives in your account.” -Nick Rokke
The private reserve strategy uses actual dollars put there by a person and is available to use as needed. There is no phony money involved.
Disturbing Debt
Posted: February 18, 2017 in DebtTags: bad, behind, borrowers, borrowing, burdens, car, consumers, costs, credit cards, credit scores, Debt, delinquency, expansion, fastest, Federal Reserve, financial, growth, households, industr, lenders, lending, loan, market, million, subprime, times, trillion, unemployment
“As the Financial Times reported yesterday, more than 1 million U.S. consumers are ‘at least two months behind on car loan repayments,’ noting that the delinquency rate in the $1.1 trillion market hit its highest level since 2009. And that’s not just limited to subprime borrowers. That figure includes everyone with a U.S. car loan….
The financial Times also cites, ‘Delinquencies on credit cards also rose by about the same amount over the period to 1.79% – the highest since 2011. The rise in bad loans comes despite persistently low borrowing costs and unemployment levels – suggesting lenders may be letting consumers take on bigger debt burdens than they can handle.
Lending to consumers with weak credit scores has been one of the fastest-growing parts of the industry. Still, the increased delinquency levels follow a period of rapid expansion and could be a natural consequence of that growth. Separate figures published on Thursday by the New York Federal Reserve showed the total amount of debt held by American households rose last year at the fastest clip since 2007.'” -Porter Stansberry
Negative Money
Posted: February 19, 2016 in EconomicsTags: bank, borrow, central banks, costs, economic growth, Fed, Federal Reserve, incentive, interest, interest rate, invest, Janet Yellen, Japan, Money, negative, price, spend, zero
“Japan recently announced it was implementing a negative interest rate. The central banks of Denmark, Norway, and the European Union are already using negative interest rates. And last week, Janet Yellen, head of the Federal Reserve, said the Fed is considering it, too…. A negative interest rate means the price of money is below zero…. So why are central banks setting negative interest rates? They’re experimenting. They hope negative interest rates will lead people to spend more, and borrow more, and invest more. They hope negative interest rates will lead to economic growth. Why? Because if it costs you to keep your money in the bank, you’ll have more incentive to take your money out and spend it.” -Tom Dyson
Negative Interest
Posted: December 18, 2015 in EconomicsTags: bank, borrower, deposit, Federal Reserve, interest, lender, lending, Money, negative, pay, pays, rates
“Sweden, Denmark, and Switzerland all have negative interest rates. Negative interest rates mean the lender literally pays the borrower for the privilege of lending him money. It’s a bizarre, upside-down concept. But negative rates are not some European anomaly. The Federal Reserve discussed the possibility of using negative interest rates in the U.S. at its last meeting. When you deposit money in a bank, you are lending money to the bank. However, with negative rates, you don’t earn interest. Instead, you pay the bank.” -Nick Giambruno
Manipulated Interest
Posted: September 20, 2015 in EconomicsTags: boom, compounds, Economy, false, Federal Reserve, government, interest, issues, malinvestment, manipulating, market, rates, stimulates
“The Fed (Federal Reserve) and the government have created a false boom. It’s not sustainable. The last boom—from 2003 to 2007—was a false boom, too. So was the one before that. By manipulating interest rates, the Fed injects adrenaline into the economy and stimulates it. But this doesn’t allow the market to cleanse itself of the sins of the previous boom (which the Fed’s stimulation also caused). So, the malinvestment builds up and compounds. And the issues that caused the crises never get addressed.” -Tom Dyson
Wealth Deficit
Posted: August 9, 2015 in EconomicsTags: Alan Greenspan, confiscation, deficit, Federal Reserve, financial, owners, protect, scheme, state, Wealth, welfare
“The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves…. Deficit spending is simply a scheme for the confiscation of wealth.” -Alan Greenspan before he was chairman of the Federal Reserve.
