The Ponzi-style “debt accumulation” game has hit its natural limit and yet The Fed refuses to admit to the facts and allow outstanding debt to default, instead conspiring with Treasury to transfer as much of the default risk as possible to The Federal Government itself! By purchasing nearly a trillion dollars of “agency” paper The Fed is essentially attempting to force Treasury to issue a full-faith-and-credit guarantee against securities where such a guarantee is explicitly disavowed.
I fully expect in the not-distant future an explicit threat that should The Fed be audited or worse, should that demanded guarantee be refused “The End Of The World” will ensue – yet another threat of martial law and similar “end times” prophecy, coming directly as a consequence of the intentional actions of The Federal Reserve and Treasury themselves.
There is no avoiding the math folks.
