20190510-New Cypto Bank by Medici-QE pegged to yield curve


Crypto Viewing (Old Banking Family creates crypto Bank):


-There is a New Medici Bank after 500 years and it’s Crypto Friendly.
-The Medici is one of the most powerful banking families in Europe.  Its roots went back to 1397, Florence, Italy.    Its family has 2 popes in 16thcentury.  They hired Michelangelo to paint  the Sistine Chapel in Vatican.

-They have been granted the privilege to create a crypto bank to continue the family dynasty in the new financial system.

-It is incorporated in Puerto Rico.  Why?

-Money that skinned off the top from people in the US will go thru Puerto Rico, which is pirates’ port then (3:50), go thru Queen of England, and then to the higher level of Vatican and others.

-Crypto currency will be the new monetary system for families like Medici.
-Top governments officials have been alerted about crypto currency since 2011 by the Elite.


Financial Turmoil Explained:

Fed launces “rate peg” instead of QE experiment for next crisis.

-During the next crisis when short-term interest rates are already at zero – for the Fed, that is still the lower bound – the Fed might not do the type of QE it did during and after the Financial Crisis when it set a target to buy a fixed amount of securities every month.


-Instead, during the next crisis, when 0% short-term interest rates are no longer enough to stimulate the economy, the Fed might announce a target for slightly longer-dated interest rates, such as one-year rates. It would buy just enough securities with those maturities, to bring the one-year yield down to the target range. And if more stimulus is needed, it might target two-year rates and so on.


-The Bank of Japan already started this in 2016.  They called it the “yield curve control”, a program by which it tries to control the entire yield curve including 10-year yields.


-The implication:  instead of a fixed amount of QE, the next time, FED will try a less restricted QE pegged to yield curve.   In other words, moving towards unlimited amount of QE.

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