February 6, 2023
by Joe Lange | Badlands Media
Who controls the Fed?
For several years now, I have been telling everyone that Trump controls the Federal Reserve and that they are doing his bidding.
The Rothschilds are no longer the puppet masters of the most powerful central bank in the world.
Trump is now THEIR master.
The Rothschilds have completely controlled the entire global financial system for many generations. They created the Federal Reserve to be the most powerful central bank on the planet in order to control every government in every country.
By controlling the money supply of every nation, the Rothschilds made the entire population of the world debt slaves, as every government borrowed money from Rothschild-controlled central banks in order to finance everything, up to and including wars, their most profitable venture.
Going back to the Napoleonic Wars, where they manipulated the English Pound Sterling Bonds by causing a panic sell and buyback, thus giving them full control of the Bank of England while also putting the English Empire into massive debt, they have financed every side of all wars. In fact, they were even funding both sides of WW1 and WW2 before establishing the US dollar as the global reserve currency.
How did they do it?
They established a gold standard again for global currencies, which had fallen apart during WW1, as countries hoarded their gold rather than fulfilling their contractual obligations to one another. After WW2, the United States held the largest gold reserves, paving the way for the standard to come.
Bretton Woods Agreement
Touted as a way to create a global gold standard for currencies, the Bretton Woods Agreement pegged the US Dollar to a gold standard, making it the world’s reserve currency.
At this moment, the Federal Reserve became the most powerful bank on the planet.
The Rothschilds control of the world’s currency gave them control of everything.
Then came Trump.
Many of us know some history of Trump before he was president, and remember him filing for bankruptcy
several times. He didn’t file for personal bankruptcy, but rather for chapter eleven for several of his businesses, and seemed to come out of it stronger.
That is because I believe Trump is a master of bankruptcy laws.
How do you free the world of the stranglehold the Rothschilds have over the entire global financial system?
How do you bring down the whole corrupt global debt system so you can replace it?
You bankrupt the system.
As a famous saying goes,
“When you owe the bank three hundred thousand dollars and can’t pay it back, you are in trouble. But when you owe the bank three hundred million dollars and can’t pay it back, then the bank is in trouble.”
The world is drowning in debt. Three hundred trillion dollars of debt, to be precise.
None of it can be paid back, which is why the enemy is desperate for a global reset, allowing them to confiscate all the assets. All of OUR assets.
But, as we know, Trump is always ten steps ahead of them.
How did Trump take control of the Federal Reserve away from the Rothschilds?
It started when he was first elected. The president is the one who appoints the board of governors to the Federal Reserve. There are seven total governors on the board, and when Trump was elected, there were already two vacancies that Obama had left for Hillary Clinton—his presumed successor—to fill.
‘They never thought she would lose.’
We then got three more resignations, including some that look like they may have been forced by Trump himself, such as Vice Chairman Stanley Fischer, who stepped down in 2017.
According to Benzinga,
The Federal Reserve will lose an influential centrist with the resignation of Vice Chairman Stanley Fischer, according to a letter sent Wednesday to President Donald Trump. Fischer will retire from the Board of Governors by Oct. 13 for “personal reasons,” leaving his leadership post one year early and cutting his general term with the Fed two years short.
So, two vacancies and three early resignations allowed Trump to appoint five of the seven governors to the board of the Federal Reserve during his tenure.
Then Trump pulled a genius move. He appointed Jerome Powell, who was already on the board of governors, to the position of chairman, replacing Janet Yellen, who was Obama’s appointment. That freed up another vacant position on the board of governors, which gave him six out of seven total positions and near full control of the Federal Reserve.
Speaking of Trump being a genius, here’s a short interview of James Rickards describing to perfection what Trump has done:
Trump controls the Fed and Powell is now his puppet.
Don’t believe me?
Not many people caught this important news story from November 2019.
According to Zerohedge:
Moments ago, the Fed announced that in a previously unannounced meeting that was not on the official White House calendar, Fed Chair Powell met with Trump and Mnuchin at the White House "to discuss the economy, growth, employment and inflation", marking the second face-to-face meeting between the world's two most powerful people amid Trump's relentless criticism of the central bank. As a reminder, Powell had dinner with the president in February and the two have spoken by telephone since.
An unannounced meeting that also wasn’t on the White House schedule?
Several face-to-face talks, dinner together and phone calls? Nothing to see here, folks!
They talked about inflation?
Interesting, considering inflation was unleashed on the Biden Administration AFTER Trump left office and it has now helped trigger the collapse of the central banks debt system.
How’s that for timing?
So with Trump appointing all but one member of the board of governors over the Federal Reserve and the chairman he appointed cozying up to him, should it have been a surprise when this huge news hit?
Trump Rolls the Fed Into the Treasury
This was a massive story back in March 2020, right before Trump’s presumed imminent re-election, but it wasn’t talked about much in the media—aside from some of the financial media—and almost nobody knows about it.
I believe Trump used the plandemic the enemy launched on the world as the excuse he needed to roll the Federal Reserve into the US Treasury, which the President controls as part of the Executive Branch.
According to Bloomberg:
The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury. In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades. This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
Trump assumed full control of the Federal Reserve, the most powerful central bank in the world.
The Exchange Stabilization Fund was a fund set up way back in 1934 that most people didn’t know existed. It was completely controlled by the Treasury and the president, exempt from Congressional approval. It was originally set up as a means of intervening in currency markets to benefit the U.S. economy, but now has since become a loan program for other countries’ central banks when they are in distress. Consider it a permanent bail-out option for global central banks.
Instead of bailing out central banks, Trump used this fund to bail out American companies that were struggling to survive during the plandemic, and forced the Federal Reserve to finance all of it.
The Federal Reserve and the US Treasury are now working for the American people, not the central banks.
With the Federal Reserve Note (US dollar) being the world’s reserve currency, and with countries forced to purchase oil in dollars, the Rothschilds and their global debt system is now hanging on the edge of a cliff. They no longer control the Fed or the dollar.
Remember how Q told us to think mirror?
From Q post 1953:
Think MIRROR. Know your enemy. "Every battle is won before it's ever fought." Knowledge is POWER. — Q
Remember when Trump first became president?
The Rothschilds controlled the Federal Reserve, and they quickly started jacking up interest rates on Trump’s administration in order to crash the market in an effort to stave off his chances of re-election.
But Trump used his bully pulpit to bash the Fed at the time for raising rates when all other central banks in the world were cutting theirs. He then started filling all the Fed governors vacancies, giving him total control.
What has Powell and the Fed done since Biden became president?
They’ve raised interest rates faster and more aggressively than anybody expected, which has nearly crashed the market. I believe the market is going to go down further still, and that we’re entering a recession while Biden is president, earning him the blame.
Trump is master of the boomerang!
Crashing the market on Biden and the democrats to help destroy the democrat party was one benefit of the Fed raising rates to battle inflation, but not the biggest benefit.
When the Fed raised rates aggressively, it drove up the value of the dollar that every central bank is required to use in order to buy oil for their economies. Every central bank in the world was instantly put in financial trouble because their currencies were losing value against the dollar. In fact, three central banks have recently needed an emergency bailout because of this.
The dollar is actually the global debt system’s Achilles Heel.
Thus, these central banks—along with many countries, especially the BRICS alliance—are buying record amounts of gold.
This has all been part of the plan from the beginning.
Q shared this very important post:
As I have said many times, this is not talking about the Federal Reserve.
It doesn’t say, ‘Gold shall destroy THE Fed.’
Gold shall destroy FED.
That’s an acronym for this:
Foreign Exchange Department for COMMERCIAL BANKS.
The Rothschilds were behind the US getting rid of the gold standard in 1971, which made the global reserve currency a fiat currency backed by nothing. At that moment, the Rothschilds had full control of the printing of currency and issuance of debt. Our debt has done nothing but grow ever since, now sitting at almost 32 trillion dollars and counting.
The rest of the world is also drowning in debt.
None of this debt was ever going to be paid back. You can’t keep borrowing forever and only making minimal interest payments. At some point, the interest payments become too high and you default. We were always going to reach the point of bankruptcy.
The question is, who is going to go bankrupt?
Is the United States going to go bankrupt like Germany after World War 1 and Venezuela more recently?
Or is the global central bank debt system going to go bankrupt?
A couple of huge stories just broke that most people haven’t heard anything about. These stories tell us not only who is winning this war, but also what’s coming.
The Swedish Central Bank lost almost 8 billion dollars in 2022.
According to Reuters:
STOCKHOLM, Jan 11 - Sweden's central bank expects to report a loss of 81 billion Swedish crowns ($7.72 billion) for 2022 due primarily to higher market interest rates, it said on Wednesday. "The unrealised loss is mainly due to globally rising market interest rates, which has reduced the market value of the Riksbank's assets," it said in a statement.
Globally rising market interest rates have reduced the market value of the bank’s assets.
That’s the result of Trump’s Federal Reserve aggressively pushing up interest rates and the value of the US dollar. It’s crushing the value of the assets the central banks are holding.
The Swiss Central Bank posted it’s largest loss in its history.
According to Bloomberg:
Switzerland’s government will not receive a payout from the Swiss National Bank for 2022, as the central bank projects the biggest loss in its 116-year history. The SNB expects an annual loss of about 132 billion francs ($143 billion), more than five times the previous record, it said Monday in preliminary results. The largest part of this, 131 billion francs, stems from collapsed valuations of its large pile of holdings in foreign currencies, accrued as a result of decade-long purchases to weaken the franc.
Collapsed valuations of its large pile of holdings in foreign currencies.
The cracks are beginning to show in the global debt system.
They no longer control the Fed or the dollar, and the exchange rates AGAINST that dollar are causing them heavy losses. They used to being able to manipulate the dollar anytime they wanted to, but now they can only react to what the Fed is doing.
There are three reasons for the strength of the dollar over the last few years:
According to an article at Elements:
The rapid raising of interest rates by the Federal Reserve and tightening of their balance sheet has resulted in U.S. dollars becoming a more scarce and valuable yield-bearing asset. As interest rates have risen, so have yields for savings accounts and fixed-income securities like U.S. treasuries, making them a more attractive alternative for investors.At the same time, falling equity prices(especially in the technology sector) only further incentivized investors to pull out of riskier equity markets into the safety of the dollar. Lastly, compared to many other global economies, the U.S. economy has remained resilient with the fewest risks on its horizon. Europe continues to face an ongoing energy crunch with the Russia-Ukraine conflict nearby, while China’s zero-COVID policies have hampered the country’s manufacturing sector, as well as other industries
The Rothschilds’ central bank debt system is now competing with the Federal Reserve rather than controlling it.
But there’s a much larger problem out there for the central banks that not many people are talking about.
Foreign Exchange Swaps
The Foreign Exchange market (FOREX) is the largest market in the world, with trillions traded daily. That’s trillions with a capital T.
So who uses Foreign Exchange Swaps?
From another article on Elements:
To understand forex swaps is to look at the role of currency risk. As we have seen in 2022, the U.S. dollar has been on a tear. When this happens, it hurts company earnings that generate revenue across borders. That’s because they earn revenue in foreign currencies (which have likely declined in value against the dollar) but end up converting earnings to U.S. dollars. In order to reduce currency risk, market participants will buy forex swaps. Here, two parties agree to exchange one currency for another. In short, this helps protect the company from unfavorable foreign exchange rates. What’s more, due to accounting rules, forex swaps are often unrecorded on balance sheets, and as a result are quite opaque.
Accounting rules allow FOREX swaps to not be recorded on balance sheets?
A market that trades trillions of dollars daily and is not required to be on the balance sheet is a massive bubble.
Can you picture how dangerous this is to a global debt system based on a fiat currency backed by nothing?
Gold shall destroy FED.
Foreign Exchange Department
What does the Foreign Exchange Department specifically do?
According to Bizfluent:
The main function of a foreign exchange department is to make money for the bank by speculating on whether a particular currency will rise or fall against another. Banks compete fiercely with each other using experienced market traders and millions of dollars or currency equivalents are exchanged daily. Each bank has direct links to the main foreign exchange market in the country via dedicated phone lines and computers. The departments contain an array of screens providing constantly updated statistical and analytical data. Complex programs attempt to predict the future movement of currencies and instant decisions, as to whether to buy or sell a currency, can result in a bank making or losing substantial sums in seconds.
These Foreign Exchange Departments are speculating daily on currencies and can lose huge amounts of money in mere seconds.
That is a huge risk that has been made much greater with the Rothschilds no longer controlling the Fed and losing their ability to manipulate the dollar.
So how big is this hidden dollar debt?
According to Elements:
No less than $65 trillion in unrecorded dollar debt circulates across the global financial system in non-U.S. banks and shadow banks. To put in perspective, global GDP sits at $104 trillion. This dollar debt is in the form of foreign-exchange swaps, which have exploded over the last decade due to years of monetary easing and ultra-low interest rates, as investors searched for higher yields. Today, unrecorded debt from these foreign-exchange swaps is worth more than double the dollar debt officially recorded on balance sheets across these institutions.
This hidden dollar debt is a ticking time bomb.
Now, as interest rates have been rising, forex swaps have increased amid higher market volatility as investors look to hedge currency risk. This appears in both non-U.S. banks and non-U.S. shadow banks, which are unregulated financial intermediaries.
Overall, the value of unrecorded debt is staggering. An estimated $39 trillion is held by non-U.S. banks along with $26 trillion in overseas shadow banks around the world
This is unrecorded debt in unregulated financial intermediaries.
Can you see now why the dollar is the Achilles Heel of the whole global central bank debt system?
The Rothschild puppet masters have used the dollar and the Federal Reserve as a weapon against the world since the end of WW2.
That has come to an end.
Now Trump, the master of 5D chess is commander of the enemy’s greatest weapon, and has turned that weapon against them!