A few questions:

Can you please explain what is specifically meant when they say the fed is adding liquidity? How does it add liquidity? And what is liquidity crises?

When the fed buys bonds of private companies how do we know that theses bonds are not just forgiven amounting to a gift since the fed is not audited?

I believe their explanation is that these are liquid bonds and small businesses are not so liquid. These large purchases help the masses who hold large stocks in their social security pension portfolios and/or that it will trickle down. I wonder if there are practical reasons why they can’t buy bonds of small companies (maybe they don’t exist) or it won’t move the needle.

One layman to another:

Commonly used quote from Henry Ford –
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

It is also well that it is the primary job of people in vestment finance to lie – essentially all of the time because the entire industry is based on something often referred to as a “Ponzi” scheme. So when they use banal terms such as “SPV”, the normal human can immediately detect that by there use of a vague and obscure term “Special Purpose Vehicle” they are lying – a lie of hiding from the public the true nature of what they are doing which in this case would be more accurately something like money laundering. The Treasury is effectively prohibited by law from buying such as stocks so they have the FED act as intermediary – buying it on behalf of the treasury. In a similar vein, even the (corrupt, private bank cartel) FED is prohibited from buying government debt directly from the Treasury, so they have have dealers buy it and then they buy it from the dealers. It is the definition of corrupt finance and it does not work in your interest. I find that people infinitely more knowledgeable than I avoid discussing how bad it is. Abandon all hope, ye who enter here…

It doesn’t matter who they are buying the paper for. It matters that there is a buyer at the table, using newly created money to buy these issues. It takes the interest rate pressure off the issuer because they have a buyer of last resort with unlimited funds on the other side of the trade.

https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html

I suspect the owners know that the situation has reached the point that it is no longer sustainable. It is not a black swan, it is the four horsemen.

Keynsian economics only works in an expansion – it is not interested in equilibrium which might not protect the right people. So they have to collapse it and begin anew. The people are being prepared to live with less. And then the owners will learn to live with less – fewer people to feed.

The sovereign nation is a fatted calf from which the owners feed – without killing it. Until it is no longer useful. The military serves them.

It is an excellent article with many excellent points that need to be made known.

It’s amazing and frustrating to know that various old dead guys were already making note of these points using a freaking feather quill pen. How does Krugman claim to have any expertise in the subject? It’s almost as if it’s not an accident – almost as if it is not the first time. In which case they are doing this with malice.

Also there is an issue of timing – the elite are stuff their pockets with greenbacks that are “dollar-good”, but by the time they get to us the value is squeezed out of them.

Jared, I have been writing about this dynamic since about 2004 or so, so it’s not like I lived in a gilded cage and “finally noticing” this. It’s true that despite this systemically uneven playing field I have been able to do ok in terms of financial independence, but that has been in spite of a rigged system, not because of it.

Starting a tech company in 1998 and making the conscious decision not to take on VC was the point at which I took the road less traveled. Your analogy about the mom-and-pop cafes is exactly right and one I have used many times in private conversations over the decades I’ve been railing about this.

If there is any “finally noticing” going on, it is perhaps that my writings are getting a bit of a wider audience lately. For some reason.

Yes, “Trickle Down” as in: “Please tell me that stuff landing on my head is rain.”