DislikedWho owns MS, GS, ML, JP, DB? Who owns the Fed? Who would be able to COMPLETELY CONTROL prices in the first place? Where is the BIG MONEY? YES, Trump for example is PEANUTS to them. Why does nobody touch the Fed? What was Draghi's career progression? Carney? Cramer? Dudley? Kashkari? Paulson? Prodi? Rubin? Turnbull? Scaramucci? Walker? Macron? Does it ring the bell?Ignored
Who owns the major brokerage houses: Shareholders, of whom I would guess the largest would be banks to big to fail, insurance companies (with premiums paid by the DM) , and pension funds (with contributions from the DM).
Who owns the Fed: The member banks.
Who would be able to COMPLETELY CONTROL prices: The FED by issuing debt on the backs of the taxpayers. Actually the Treasury issues the debt. The FED earns interest on it.
Where is the Big Money: Entities with the ability to siphon it off of the DM. i.e. Member Banks, Insurance Companies, Pension Funds, etc...
Why does nobody touch the FED: Because annual profits flow back to the member banks and the Federal Government.
What was Draghi's Career progression: World Bank, Director of various Banks, Director of GS, Governor Bank of Italy, Director Bank for International Settlements, President ECB.
The others come from investment banks and hedge funds.
To sum it up, the SM has the knowledge,power, authority, and capitalization to do as they wish. However, to avoid alienating the source of this power (DM) they exercise their activities in ways unnoticeable to most. However, all they do is not inherently evil. There is a certain degree of social stability garnered from the institutions and services they provide.
Have we now raised the CIQ to 44?
Best wishes to you D.A. Please keep your thread alive!
GDAY
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