The Bernanke Doctrine continues: While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” the Open Market Committee, of The privately owned Federal Reserve System of (central) Banks announces it will introduce another 800,000,000,000 “dollars” into the nation’s economy: the Federal Reserve (central) Bank of New York establishes the Agency Direct Obligation Purchase Program, which will allow the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation (a.k.a. “Fannie Mae” and “Freddie Mac”), and other housing-related government-sponsored enterprises, to sell 500,000,000,000 “dollars” worth of their “toxic” (worth less) directly to the FRSB.  In addition the FOMC makes known its intentions to make 100,000,000,000 “dollars” in direct loans to “Fannie Mae” and “Freddie Mac,” and make another 200,000,000,000 “dollars” available to commercial banks to increase consumer borrowing.

     [added 8/8/2021]

     The free-market value of the “dollar” (a Bill of Credit) falls to 817.18 per ounce of gold (lawful Money).

     [added 8/8/2021] Thanks to Freedom’s Phoenix and Jim Lorenz for this entry.