• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Vigilant News

Vigilant News

Eternal Vigilance is the price of liberty.

  • News
  • Interviews

FED Dolling Out $250 Million PER DAY in Interest Payments to Unknown Beneficiaries as Economic End-Times Approach

By Ryan Delarme, July 2, 2022

The current global, socioeconomic paradigm has allowed for a small group of mostly unidentified beneficiaries to reap hundreds of millions of dollars per day by way of interest payments. This cushy racket was all made possible by the Federal Reserves’ reverse repo program.

The impending collapse of the financial system as we know it looms on the horizon while those in a position to do so feed the crisis (and themselves) through endless money laundering schemes. 

Whether it’s the war in Ukraine, Executive orders, experimental vaccines, the push for Solar panels and electric vehicles… there are few things being heavily marketed to the world today that weren’t designed to reap maximum profits for the financial elite in Davos Switzerland and the Washington DC political establishment.

In fact, Peter Schweitzer wrote a phenomenal book about how all of this works back in 2011 called Throw Them All Out, a highly recommended read for our audience.

In response to the record inflation, caused either by the reckless or intentionally destructive spending of the Biden Administration, the FED decided to raise interest rates by 75 basis points last month – the largest increase since 1994 – in an effort to slow the Bidenflation tidal wave.

To the surprise of no one, there’s been virtually no improvement to the economy since this change. Quite the contrary, as inflation continues to trend in the wrong direction since the FEDs rate raise. Not only that, but the FED revised its quarterly projections to show negative GDP growth will be expected for the second quarter in a row, essentially proclaiming that a recession isn’t on the horizon, it’s already here.

Devolution is coming. Join the Revolution.

RELATED: Key FED Indicator Suggests That The US is Already in a Recession

When faced with the hard decision to either help ease the economy back on track or raise interest rates to make the already skyrocketing inflation markedly worse, the FED chose the latter. This change quietly paved the way for a small group of mostly unidentified beneficiaries to start collecting hundreds of millions of dollars per day by way of interest payments, this is thanks to the Federal Reserve reverse repo program.

The program has seen a record 2.330 trillion in cash holdings, and interest payouts have ballooned since the aforementioned FED rate hike, totaling over 100 million per day. The 108 depositors, who hold assets in the fund, are the recipients of these absurd payouts.

As per Zerohedge:

there is a record $2.33 trillion in cash parked at the Fed’s overnight facility, doing nothing…

…Well not nothing: it was nothing when rates were zero, but at 1.55% which is the current reverse repo rate, that $2.33 trillion is a golden goose for the 108 counterparties that are parking cash at the facility, a mixture of money market funds, banks, GSEs and various other financial intermediaries.

How big is this particular Golden Goose? The chart below shows the payment in interest that the Fed makes day on this record $2.33 trillion in funds: as of today it amounts to just over $100 million every single day! That’s right, more than $100 million in interest payments on funds parked with the Fed, which is by definition the world’s only risk-free counterparty!

As ZeroHedge points out, the interest profits are only due to the FED’s past reckless spending.

Also from ZeroHedge:

“All of the above is with the Fed Funds rate at 1.75%. As a reminder, the Fed hopes to keep hiking at least another 175bps (or more) in the next 6 months, which will push the rate to 3.50% and will mean that the Fed will be paying half a billion in interest every single day to a handful of mostly unknown counterparties every day, money which for said counterparties is also known as (riskless) profit and which is only the result of the Fed’s previous money printing.”

Ryan Delarme

Ryan DeLarme is a disillusioned journalist navigating a labyrinth of political corruption, overreaching corporate influence, high finance, compromised media, and the planned destruction of our constitutional republic. He is also a Host and Founder at Vigilant News. His writing has been featured in American Thinker, Winter Watch, Underground Newswire, and Stillness in the Storm. He also has written scripts for television series featured on Rise.tv. Ryan enjoys gardening, creative writing, and fighting to SAVE AMERICA

Filed Under: Economy, News, Ryan DeLarme Tagged With: Biden Administration, Economy, FED, Inflation

You may also like

Key FED Indicator Suggests That The US is Already in a Recession Pelosi in Peril: 32 House Democrats Have Announced Retirement OpEd: Food Shortages, Fuel Prices, and Inflation are All Products of Globalist Policy A Specter and its Shadow: Civil Disobedience in Cuba and Hong Kong

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

SEARCH OUR ARCHIVES

Memetics

BOOK OF THE WEEK

Pine Needle Extract by Ascent Nutrition

New Posts

Vigilant News 1.23.23 Exorcism COMMS? Carbon Credit Scam, DoJ on Biden Docs
Vigilant News 1.23.23 Exorcism COMMS? Carbon Credit Scam, DoJ on Biden Docs
4 days ago / Uncategorized
Vigilant News 1.20.23 WEF Recap, Federal Gov Weaponized Against Musk? Trump Announcement
Vigilant News 1.20.23 WEF Recap, Federal Gov Weaponized Against Musk? Trump Announcement
7 days ago / Uncategorized
Vigilant News 1.16.23 WEF 2023 Starts, CIA & Brazil Coup, Temporary Morgues in UK for Excess Deaths
Vigilant News 1.16.23 WEF 2023 Starts, CIA & Brazil Coup, Temporary Morgues in UK for Excess Deaths
2 weeks ago / Uncategorized
Vigilant News 1.13.23 Garagegate: Biden’s Classified Dox, Balenciaga 2.0, WEF Gas Stoves Push
Vigilant News 1.13.23 Garagegate: Biden’s Classified Dox, Balenciaga 2.0, WEF Gas Stoves Push
2 weeks ago / Uncategorized
Vigilant News 1.9.23: Brazil’s J6? Biden El Paso Stunt, McCarthy Concessions
Vigilant News 1.9.23: Brazil’s J6? Biden El Paso Stunt, McCarthy Concessions
3 weeks ago / Uncategorized
Vigilant News 1.6.23 Trump to Flynn, RE Speaker: “[I] Should do it” Satanic Ritual Abuse in Glasgow
Vigilant News 1.6.23 Trump to Flynn, RE Speaker: “[I] Should do it” Satanic Ritual Abuse in Glasgow
3 weeks ago / Uncategorized
Vigilant News 1.2.23 McCarthy Lacks Votes, Elon Hints Fauci Files, Davos Pushes Metaverse
Vigilant News 1.2.23 McCarthy Lacks Votes, Elon Hints Fauci Files, Davos Pushes Metaverse
4 weeks ago / Uncategorized

Freedom prospers with real news. 

You can unsubscribe anytime.

Thank you!

You have successfully joined our subscriber list.

.

Thanks for your support

Footer

Menu

  • News
  • Privacy Policy
  • About us
  • Contact us

Tags

aflds Ben Bartee Biden Biden Administration Bill Gates CDC China Climate Change Congress DOJ Donald Trump Economy Elections FBI Finance GOP Hillary Clinton Hunter Biden Inflation J6 Jan 6th Committee Joe Biden John Durham Justin DesChamps Kari Lake Law Liz Cheney memes Michael Sussmann Midterms MSM news Polls Primaries Rasmussen Roe v Wade Russia SCOTUS Supreme Court trump Twitter Ukraine vigilant news show WEF why we fight

Copyright © 2023 · vigilant.news