Covid was a Major Financial Scam as Well – How the Fed Made Sure its Owners, Clients and Friends got paid |

Covid was a Major Financial Scam as Well – How the Fed Made Sure its Owners, Clients and Friends got paid

Wed 10:40 am +01:00, 5 Oct 2022 3

posted by danceaway

Fed Admits Crony Truth About Pandemic QE: “it creates new bank deposits”

12,010 views 5 Sept 2022

, so it turns out that the Federal Reserve CAN shovel money directly into retail bank accounts, and did so for two full years under cover of PANDEMIC!!!

BestEvidence has stood alone in making exactly that point repeatedly over the last two years, defying the financial pundits who sought to quell any concerns about what exactly the Fed was doing with solemn assurances that, no, you silly serf with your pesky concerns—the Fed’s QE programs have no effect whatsoever on the retail money supply because [insert Fed-apologizing snake oil here] “reserves don’t leak out into the banking system.”

BestEvidence is pleased to announce that in its quixotic quest to bring light to the shameful QE darkness cast by said pundits, the channel has picked up a new ally: the Federal Reserve itself. Well, a team of Fed researchers, anyway.

For those keeping score at home, it’s now official:

BestEvidence 3 F

inancial Gurus 0

Far more interesting, though, than a bunch of hoity-toity financial pundits having their face masks adorned with a thick layer of egg, is what the Fed’s admission about Pandemic QE reveals about the privately owned central bank’s actions over the last 12 years. As always, follow the money…

https://bestevidence.substack.com/p/f…

https://www.youtube.com/watch?v=n1xgQeCiu6k&t=131s

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5 Oct 2022 18:36

nixon scraypes says:

I’ve learned so much about our crooked financial system from John Titus. He and Richard Werner are the only people I have found who understand it and explain it in laymans terms without leading off into irrelevant misleading dead ends. Kudos.

6 Oct 2022 07:32

ian says:

Cheers Nixon, I’ll look him up. I wonder why we don’t get taught this at school, I can’t imagine they wouldn’t want us to know how it works, and that they’d milk us dry.