Financial language (word art) always makes the false doctrine tolerable for those in on the take - those who get the money first in the taxpayer supported Ponzi scheme. Cantillon Effect will kill us all.... it used to be that the rich had to eat the money if the poor didn't provide the food. [Russian Proverb] Who received JPM's $920-Million bribe I mean fine, for rigging/colluding/racketeering or whatever word art they slapped the Demon's wrist with? End The FED - hyperinflation is theft. See Rule #11 from Monopoly Board Game: "What if the Bank runs out of money? Some players think the Bank is bankrupt if it runs out of money. The bank never goes bankrupt. To continue play use slips of paper to keep track of each player's transaction - until the Bank has enough paper to operate again. The banker may also issue "new" money slips of ordinary paper." Elmer Davis said, "This Republic was not established by cowards; and cowards will not preserve it." Thanks for spelling-out the TCMS, TPAs, SPVs,GMSLA, GMRA, HQLA, RWA and all the BFS (Bull-F'n-S---t)
Financial language (word art) always makes the false doctrine tolerable for those in on the take - those who get the money first in the taxpayer supported Ponzi scheme. Cantillon Effect will kill us all.... it used to be that the rich had to eat the money if the poor didn't provide the food. [Russian Proverb] Who received JPM's $920-Million bribe I mean fine, for rigging/colluding/racketeering or whatever word art they slapped the Demon's wrist with? End The FED - hyperinflation is theft. See Rule #11 from Monopoly Board Game: "What if the Bank runs out of money? Some players think the Bank is bankrupt if it runs out of money. The bank never goes bankrupt. To continue play use slips of paper to keep track of each player's transaction - until the Bank has enough paper to operate again. The banker may also issue "new" money slips of ordinary paper." Elmer Davis said, "This Republic was not established by cowards; and cowards will not preserve it." Thanks for spelling-out the TCMS, TPAs, SPVs,GMSLA, GMRA, HQLA, RWA and all the BFS (Bull-F'n-S---t)
The banks are at or very, very near the top of the pyramid...
I would argue the banks are in-bed with the corporate administrative unelected state bureaucrats and toadies of the parasitic class.