{"id":344681,"date":"2023-03-18T04:00:15","date_gmt":"2023-03-18T08:00:15","guid":{"rendered":"https:\/\/www.sgtreport.com\/?p=344681"},"modified":"2023-03-18T00:29:21","modified_gmt":"2023-03-18T04:29:21","slug":"federal-reserve-to-print-another-2-trillion-in-fake-fiat-funny-money-to-bail-out-financial-terrorists-further-devaluing-dollar","status":"publish","type":"post","link":"https:\/\/www.sgtreport.com\/2023\/03\/federal-reserve-to-print-another-2-trillion-in-fake-fiat-funny-money-to-bail-out-financial-terrorists-further-devaluing-dollar\/","title":{"rendered":"Federal Reserve to print another $2 trillion in fake fiat funny money to bail out financial terrorists, further devaluing dollar"},"content":{"rendered":"

by Ethan Huff, Natural News<\/a>:<\/em><\/p>\n

\"\"<\/p>\n

To save the criminal bankers, the private Federal Reserve is expected to\u00a0inject another $2 trillion into the United States banking system<\/a>, which is certain to trigger hyperinflation.<\/p>\n

Strategists at JPMorgan Chase, one of America\u2019s kingpin banks, have been discussing what the Fed\u2019s new \u201cemergency\u201d lending program will entail now that Silicon Valley Bank (SVB) and numerous other lenders have gone under.<\/p>\n

TRUTH LIVES on at\u00a0https:\/\/sgtreport.tv\/<\/a><\/p>\n

Called the Bank Term Funding Program, this emergency mechanism is designed to sweep under the rug all the financial corruption that got us into this mess in the first place, punishing the common man with even higher inflation and a lower standard of living.<\/p>\n

\u201cThe usage of the Fed\u2019s Bank Term Funding Program is likely to be big,\u201d JPMorgan strategists wrote in a client note on Wednesday.<\/p>\n

(Related: Check out our\u00a0earlier coverage<\/a>\u00a0about the financial \u201cdeath spiral\u201d that is taking place.)<\/p>\n

U.S. banks are collectively sitting on $620 billion in unrealized losses, FDIC chair warns<\/h2>\n

The reason why these JPMorgan analysts are throwing out the $2 trillion figure is because that is the maximum usage amount that was established \u2013 at least until the powers that be decide to up it even more, much like they do to the debt ceiling every time it is reached.<\/p>\n

Currently, the U.S. banking system as a whole is said to hold reserves of around $3 trillion, most of which is held by the largest banks. Smaller banks, many of them in even worse shape than the big guys, are the likeliest candidates to take advantage of the Bank Term Funding Program.<\/p>\n

SVB was considered a mid-sized bank, as were the other banks we were told about that collapsed around the same time. SVB took a $1.8 billion loss on a forced $21 billion bond liquidation, which prompted the now-failed bank to ask for $2.25 billion in new capital to fill the gap.<\/p>\n

As this was all taking place, depositors rushed to withdraw their money, which we now know preceded the total collapse of SVB. And without emergency new cash from the Fed, many other banks will, and likely already would have, followed suit.<\/p>\n

\u201cUnrealized losses on securities have meaningfully reduced the reported equity capital of the banking industry,\u201d said Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg, who further warned that U.S. banks are collectively sitting on unrealized losses on their bond holdings of around $620 billion.<\/p>\n

Unrealized losses of this magnitude weaken the ability of all affected banks to meet their liquidity needs because less cash is generated when the sale occurs, typically because the amount of regulatory capital falls below required thresholds.<\/p>\n

Despite all this, Gruenberg wants everyone to still believe that America\u2019s banks are \u201cgenerally in a strong financial condition and have not been forced to realize losses by selling depreciated securities.\u201d<\/p>\n

At some point, though, these banks are going to have to realize those losses \u2013 or at least they\u00a0should<\/i>\u00a0have to realize those losses. If the Fed continues to inject emergency liquidity into their balance sheets, these banks will artificially survive for a little while longer while Americans are forced to pick up the tab.<\/p>\n

\u201cThe Fed\u2019s new funding facility gives banks an additional security blanket because it allows them to borrow from the Fed for a one-year period using their securities as collateral at par value, not at market rates,\u201d reported Tom Ozimek, writing for\u00a0The Epoch Times<\/i>.<\/p>\n

Read More @ NaturalNews.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by Ethan Huff, Natural News: To save the criminal bankers, the private Federal Reserve is expected to\u00a0inject another $2 trillion into the United States banking system, which is certain to trigger hyperinflation. Strategists at JPMorgan Chase, one of America\u2019s kingpin banks, have been discussing what the Fed\u2019s new \u201cemergency\u201d lending program will entail now that […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[150772,150773],"_links":{"self":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/344681"}],"collection":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/comments?post=344681"}],"version-history":[{"count":0,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/344681\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/media?parent=344681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/categories?post=344681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/tags?post=344681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}