KTFA, Frank26, X22 and more Tuesday Night 10-15-19
KTFA:
BearCinnebar: KTFA family this information could be important and some members have already made comments on this subject ...
We all should understand how the REPO CREDIT MARKET works:
1. So in the news it is saying the Federal Reserve has been pumping billions into the banking system through its repo credit market ( Repurchase Agreements ).
2. The Credit Market for short term or overnight borrowing came to a screeching halt. Money availability to lend dried up.
3. Two weeks ago the interest rate for short term lending went from 2% per year to 10%. OVERNIGHT.
4. The last time the credit market seized up was in 2007, one year before the 2008 meltdown.
5. Could this be a sign of what could come in the near future?
6. When banks begin failing, the U.S. Government is no longer bailing them out with taxpayer funds or the FDIC.
7. We have a new law called The Dodd-Frank Act. It was signed into law in 2010 under President Obama.
8. It's known under many different names: The Dodd-Frank Act, Wall Street Reform and Consumer Protection Act, Public Law 111-203, or as H.R. 4173, and as Bank Bail-ins - Google these phrases.
9. The law states U.S. banks may take its depositors funds ( i.e. your checking, savings, CD's, IRA & 401(K) accounts and use those funds when necessary to keep the bank itself afloat.
10. That means: if your bank is heavily invested in derivatives, or makes bad loans to sub-prime borrowers, or manages the bank poorly and can't service its debt, or if there is another 2008 banking crisis, or worse as all of the above
11. Instead of that bank going bankrupt and the banks assets sold off to be given back to its depositors…
12. Now the bank simply keeps your money and guess what? The bank is no longer bankrupt. Did you read that? The Bank Keeps Your Money.
13. YOUR ACCOUNT IS NOT FDIC INSURED WHEN THE BANK TAKES YOUR MONEY. NOT ONE SINGLE PENNY.
14. It's the law of the land and there is nothing you can do about it. Welcome to the 21st Century in the United States of America.
IMO: Before anything, to be informed you can read this: How To Protect Your Savings From Bank Seizure.
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Frank26: DISBURSEMENTS. 10-15-19
Courtesy of Dinar Guru
Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
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Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together.
What does the GOI have to do?
Get rid of the Iranians...
What does the CBI have to do?
Currency reform so the GOI can do economic reform.
And where are we with the CBI?
This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms.
What did we need for the lower denoms to be put into the hands of the citizens?
...the pictures and the descriptions...
Did you see the pictures and the descriptions...?
No...But the CBI is going about their business...IMO the lower denoms were delivered.
Do we know that for a fact?
No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
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TNT:
Mot: Teen girl spends weekends throwing birthday parties for kids in shelters who have never had one before............ https://shareably.net/teen-girl-spends-weekend-parties-homeless-kids/
IMF [CB] Right On Schedule, The Economic Trap Has Been Set - Episode 1996a
X22 Report: Oct 15, 2019
Declas Disinformation Projected, Chatter, JA Back In The News - Episode 1996b
X22 Report: Oct 15, 2019