Philosophy of My Metrics – by JC Collins
In essence, China has been slowly buying up the Federal Reserve for some time now. If you can call it a purchase. Its more of a negotiation over assuming the liabilities of both the Federal Reserve and the U.S. Treasury.
The Federal Reserve is the largest holder of U.S. debt at $2.1 trillion. China is second at $1.3 trillion. Think of it as the United States government doing a debt consolidation of all its treasury bonds because it can no longer pay or service the debt.
China, or the BRICS countries, and/or a consortium of international interests, most likely organized through the I.M.F., will manage the U.S. debt through exchange rate increases and trade tariffs.
The reality for Americans for the next decade or more will be price increases/inflation of 30% to 50%, segmented by industry and region, until such a time that its debt, or a negotiated margin of their debt, is cleared from the books.
The post WW2 boom in the United States was funded by the exportation of the dollars inflation to what is now the emerging markets. Americans lived on the backs of other countries. Now the tables have turned. Or have been turning for many years already. This would explain outsourcing, trade agreements, immigration, favorite nation status, etc..
Why would China and other countries take on the risk of this debt? Simple, it’s economic reset or economic collapse. Its in the worlds interest to re-structure the U.S. debt to save the whole whale from beaching itself.
Rumors are circulating that the U.S. dollar will have a rate for in country use, and a separate international rate. That is because the U.S. treasury and the Federal Reserve are about to be severed from each other. The Treasury will control the in country dollar, and the “international reserve” dollar will be controlled by China and or the I.M.F. consortium of debt holders.
The U.S. in fact defaulted back in October of 2013. This has not been told to the public at large. Why would the congress insinuate that the debt ceiling is now irrelevant? The only way the debt ceiling, or debt limit,(eg. the amount the government can borrow) can become irrelevant is if the U.S. has in fact defaulted and the process of default negotiations are taking place. Think of it as the rest of the world cutting up the credit cards belonging to the United States government.
China has recently purchased the JP Morgan building in Manhattan for $725 million. One could reason that they have in fact purchased all of JP Morgan. And I’m sure it will soon be announced that China has or is in the process of purchasing other Western banks and physical assets. These banks make up the majority owners of the Federal Reserve. (edit: Big call out to Archer for catching my typo and error in the amount which the building was sold.)
The gold reserves of the west have been depleted by China. Some say there is no gold left. This is more physical assets gone from the legers of the Western banks. The system of debt based money creation of the Western world is dead. It’s over. The shift East is in the final stages of completion.
Obama’s so called “pivot east” is less about positioning assets to counter the stirring of the eastern dragon, and more to do with making those military assets easy to confiscate when the terminal day arrives. (edit: not Obama specifically, but the Federal Reserve system and the military it controls. One assumes the rhetorical is understood.)
It will happen over a weekend, as many have already predicted. The televisions will announce the largest deal in financial history between the Federal Reserve and China. They will discuss how all the worlds currencies have been revalued to reflect true production ratios and physical assets. Accounts will be balanced. War criminals will be prosecuted.
This is only a summary post to capture the broad strokes. Keep checking back as I will post a more detailed metric “oriented” essay on the thesis presented here. – JC
http://philosophyofmetrics.com/2014/01/16/china-to-purchase-the-federal-reserve/
“Its in the worlds interest to re-structure the U.S. debt to save the whole whale from beaching itself.”
It’s NOT in the world’s interests, or Americas. This only maintains the bankers’ control while appeasing the Chinks, and enslaving the rest of us.
And of course, it basically hands this country over to the Chinks.
Like I said in another comment elsewhere, the “Chinks” as you call them STILL have to come over here and possess the country and everything and everyone in it. Kinda like the Brits do…you do know that the British royal family still has allodial title to virtually every piece of US land (along with the royal family of Spain, and various others including the Rothschilds…). The People’s Liberation Army and other military branches of China only has roughly 300 million people in it, and if they send them all here they might have a 50-50 chance of taking this country (considering they’d also have fight whatever US military asset is here, plus over 300 million Americans, plus the Brits, Spaniards, Dutch whatever….and the Russians, who would also like to claim the US after all they already have troops here…and other UN forces as well. Honestly I don’t think the “Chinks” are that stupid.
Let the Chinese buy the Federal Reserve; then we repudiate that debt and mint them one coin that says ‘paid in full’.
Of course, we must be ready to back that up with the willingness and ability to fight.
Either way, we need to repudiate the fraudulent debt ‘owed’ to the Federal Reserve and be ready to back it up with arms(and arse!)
I wasnt aware that by buying u.s. debt that you got the fed reserve as-well…
It(the fed) is a corporation with share holders. These shareholders would have to ‘sell’ shares in order for china to ‘buy up’ the fed.
Buying u.s. debt would either be competing with the fed for land/slaves/goods, which back the debt as collateral.
Besides didnt the fed merge with imf a couple years ago?
I think we have “sold our souls to the devil” and it is just a matter of time until those who have betrayed us hand the keys over to China. It seems like a systematic dismantling when you consider that even in a economic decline we are sending Billions of dollars to other countries and defaulting on our own loans.