President Trump just effectively ended the Federal Reserve (a thread). H/T to @X22Report in his latest podcast ( https://x22report.com/message-sent-p-panic-everywhere-puzzle-almost-complete-episode-2133/) where most of this information is drawn from, with a little flushing out by yours truly...

1) Context for this information can be read in this article from Yahoo (of all places): https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html

2) Trump has been going after the Central Bank since he came into office, and has been saying the Federal Reserve doesn’t know what it’s doing, that they don’t know how to lead this economy.

3) Through this Carona virus event Trump has been able to end the power of the Federal Reserve through the emergency funding bill Congress just passed.

4)Trump now has Congress looking at the supply chains because of the virus and that a lot of our medication and such comes from China, Congress is all on board with this because how we depended on China and it wasn’t a great system (for now obvious reasons).

5) Trump used this event to show why the Globalist system (more specifically the Central Banks in regards to this topic) is not a system for the people.

6) Trump knew the Central Banks inflate bubbles, they pop, we head into a recession, and he knew he had to deflate these bubbles to avoid a recession. He accomplished this by moving to control the entire process and deflating the bubble.

7) He removed the Central Banks ability to create bubbles and depress the financial system.

8) The Federal Reserve has now taken on zero rates, full stimulus, etc. We are witnessing a full restructuring of the financial system under Trump. Trump used this crises to get the Federal Reserve in a position so that he can restructure the entire financial system.

9) He’s going to bring the Federal Reserve into (under the control of) the U.S. Treasury.

10)... (he’s federalizing it- before, the Federal Reserve acted as a loan guarantor of the Central Banks to the U.S. Treasury...the Treasury printed the money that the Central Banks owned, we don’t actually own a dollar bill- it’s a promissory note from the Federal Reserve).

11) Trump knew he was going to get this stimulus bill, and knew he was going to use it to help businesses and people to get through this, and at the same time go after the Central Bank.

12a) The Federal Reserve is financing a Special Purpose Vehicle (a legal entity created to fulfill narrow, specific or temporary objectives. SPVs are typically used by companies to isolate the firm from financial risk. It’s legal status as a separate company makes its...

12b) ...obligations secure even if the parent company goes bankrupt.) to conduct certain operations. the treasury is using the exchange stabilization fund (the funding bill Congress just passed), making an equity investment (i.e. purchasing) in the Special Purpose Vehicle...

12c) and be in a first loss position. What does this mean? In essence the Treasury, not the Federal Reserve, is buying all these securities and backstopping the loans (securitizing the debt so that investors, i.e. the American taxpayer, can be assured of repayment)...

12d) the Federal Reserve is acting as a banker and providing financing. The Federal Reserve hired BlackRock (the largest asset manager in the world) to purchase these securities and handle the administration of the SPVs on behalf of the (now) owner (Treasury).

13a) What does this mean? For one, the Central Banks no longer own the debt (the Treasury- not the Federal Reserve- can now set rates, etc.), The Federal Government right now is nationalizing large swaths of the financial markets. The Federal Reserve...

13b) is providing the money to do it. BlackRock will be doing the trades. This means that the Federal Reserve is going to merge with the Treasury, it’s going to be put into one organization.

13c) Trump, right now, is taking over the Central Bank. Trump used this Carona virus crises to his benefit.

14) Trump effectively just made himself (i.e. the President of the United States) the Chairman of the Federal Reserve by bringing the Federal Reserve under the control of the U.S. Treasury through purchasing the SPVs throughout the financial system/markets.

15) This is the first step in getting rid of the Central Bank system.

16a) The next step will be taking control of the actual currency. Bringing us back to sound money. Judy Shelton (who is an economic advisor to President Trump, and coincidentally an advocate for the return to the gold standard as well as a known critic of the Federal Reserve)...

16b) was nominated by Trump on 07/02/19 as a board member to the Federal Reserve (currently pending in the Senate). Once merger of the Fed Reserve to the U.S. Treasury is complete/her nomination confirmed (most likely waiting on that merger) she will restructure the entire system

17) The way we knew about how the entire system functioned is about to change. Which means it’s probable we will no longer be living under a debt based, corporate Central Bank system. Inflation goes away, living on credit goes away etc.

18) We have just taken the power away from the Central Banks. Steve Mnuchin, the Secretary of the Treasury, just bankrupted the Federal Reserve (Goldman Sachs, J.P. Morgan Chase, etc.). Market liquidity is now controlled by Steve Mnuchin and the U.S. Treasury department.

19) We own all Central Banks request for credit for all 186 foreign nations. Basically the world just went from asking the Rothschilds (who own the Central Banks) for credit swaps to asking the US Treasury and Steve Mnuchin for credit swaps. End//.