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Rebel Capitalist News

News: Will The Federal Reserve Need A Bailout! (Yes...Here's Why)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 30 October 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro

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✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro

 

✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hello fellow rebel capitals hope you're well so the Federal Reserve is hemorrhaging

0:07.5

money right now you guys saw that thumbnail that wasn't exaggerated we didn't make that out of Photoshop. That's how much money they are losing right now and it said like a hundred and eleven million but you but that's in thousands or whatever so So that's actually 110 plus billion dollars that the

0:28.2

Fed has lost just over the last few months. And I'm gonna explain why they've lost this,

0:34.2

but this begs a question,

0:35.6

are they gonna need a bailout?

0:36.6

Now, most of you would just jump to the conclusion,

0:38.4

say, well, George, what are you talking about?

0:41.3

You said right here on your channel that the Fed is an infinite balance sheet,

0:44.7

that they can't go bust. And technically, this isn't true. But in the real world, maybe it's not. Maybe it's not. So as our first example, I would like to go straight over to Zero Hedge and check out this article and then we're going to circle back to the Federal Reserve and try to determine if they might need a bailout?

1:14.5

Or maybe a better question is when will they need to be bailed out?

1:19.9

Title of this article, World's Old's Oldest Central Bank seeking $7 billion bailout.

1:27.0

Now this is not a swap line for dollars that they can, so they can issue funding or liquidity to their banking

1:36.1

system. This is the actual central bank saying going to their government

1:42.0

saying they need to be bailed out.

1:44.5

You say, oh, George, this is probably some Banana Republic.

1:48.0

You can't compare Zimbabwe to the Federal Reserve, oh really?

1:54.0

Well, how about Sweden?

1:55.6

Because that's what I'm talking about.

1:57.4

So the drone pal of Sweden, the gentleman's name,

2:00.7

he's right here.

2:02.0

The gentleman's name is, well here the gentleman's name is well we'll get to his name in a

2:05.3

second basically he went to he sent out a press release through the ricks bank which is there the the dean. And he basically said that he needs to go to the government

...

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