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02 June 2020

Generations of Debt: US Taxpayers Held Liable for Federal Reserve's $6.9 Trillion Balance | Finance Bitcoin News

Generations of Debt: US Taxpayers Held Liable for Federal Reserve's $6.9 Trillion Balance | Finance Bitcoin News


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A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of the $6.98 trillion from the Fed’s balance sheet.

During the last few months, financial analysts from the publication Wall Street on Parade, Pam Martens and Russ Martens have been exposing the central bank’s schemes and ties to their corporate masters.

On May 19, 2020, the Martens again published another scathing review of the New York Fed and shareholders putting American taxpayers “on the hook for 98% of the Fed’s $6.98 trillion balance sheet.”.

“The bank shareowners were responsible for just 1.8 percent of the $6.98 trillion in liabilities that the Federal Reserve has created with the flick of an electronic button.

The researchers say that the NY Fed has been pushing the button the most and way more than the other 11 regional Federal Reserve banks.

The Wall Street on Parade analysts say they have scoured through the share totals for each of the 12 regional Federal Reserve banks.

The Federal Reserve and the financial incumbents have been caught red-handed so many times, that setting up the American citizenry to take the brunt of $6.98 trillion is really no surprise.

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