Crayfish (David Crayford) is a bottom dweller but he does dig up a can of worms once in a while and this $3T is a nice example. Unfortunately, he hasn’t dug deep enough into an old story to find out the real purpose and use of this new issue of $100 Federal Reserve Notes. One clue that he did mention was the fact that China has a warehouse that is chocker block full of such notes printed in China. Taiwan has crates full too. The Philippines have crates of un-cut sheets.
Phi Beta Iota: The 80-20 rule applies. Below is a post by David Crawford similar to the one that aroused Neil Keenan’s ire. Note the alledged documents. Our understanding is that there are “good guys” and “bad guys” in the US Department of the Treasury and the US Federal Reserve, and they are in the process of sorting themselves out in anticipation of the major crash coming late this year or early next year.