Comment: Hoarding in their Federal Reserve Accounts

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Hoarding in their Federal Reserve Accounts

When a bank goes to the bank they access their federal reserve account. It's my understanding that this is where most of this money is sitting. Waiting. For what? The right crisis? When all the loans issued to the 3rd world went belly up and the big banks balance sheets went to crap in the 70's? 80's? they just ignored the rules and marched on like they were not insolvent.

My guess is when the shtf with the global economy they will just chunk their old balance sheet's bad debt, convert their federal reserve cash to the NEW new world order money and finish up the purchase of all middle class assets.

Ultimate Leveraged Buyout, using our full faith and credit of course to take us down.

Expect more smoke and mirrors, same result, we pay for our own destruction....kind of like the middle east...