Welcome to Dystopia: Fast & Furious Rules Changes & Monopoly $ Edition




from WallStForMainSt

We are finally at the stage of the crisis where the economic and political elites have to keep changing the rules, basically daily now, in order to keep things from all collapsing!

Welcome to Dystopia: The Fast & Furious Rules Change & monopoly $$ Edition!

As jobless claims soar to new record after new record in the last 2 weeks, the Fed’s official balance sheet is also going parabolic along with the amount of total infected and dead globally with coronavirus.

Track the Fed’s official balance sheet here: https://fred.stlouisfed.org/series/WALCL

Jobless claims leap record 6.6 million at end of March as coronavirus triggers mass layoffs https://www.marketwatch.com/story/job…

Fed now has to control the entire yield curve: Central Banks Turn to Japan for Yield Curve Control Lessons https://finance.yahoo.com/news/centra…

The Fed panicked after foreigners dumped $109 billion dollars in US Treasuries to raise cash (Dollars) so that they did not default on their dollar denominated debt. https://www.zerohedge.com/markets/fed…

More on this rule change for the Fed: In Groundbreaking Move, Fed Excludes Treasuries From Leverage Ratio Rule: Here’s What That Means https://www.zerohedge.com/markets/gro…

Lyn Alden Tweet thread about Tuesday’s April 1, 2020 Fed announcement to get foreign governments to stop selling many billions of US Treasuries: https://twitter.com/LynAldenContact/s…

U.S. Treasury’s Cash Pile Surges Past Half a Trillion Dollars https://finance.yahoo.com/news/u-trea…

Federal Reserve temporarily eases some bank leverage requirements https://finance.yahoo.com/news/federa…

Barrack Says Real Estate Collapse Will Take Hold in April https://youtu.be/CyBe5xV7Ctg

Commercial mortgages could be on brink of collapse: Real estate investor Tom Barrack https://youtu.be/_ILh9-11zAk

Mortgage REIT meltdown: https://youtu.be/_zDxtQ1cLww

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