Speaking from Buenos Aires, Treasury Secretary Scott Bessent talks about President Donald Trump’s tariff policies, countries trying to work out new trade deals, Argentina paying off its swap line with China and the need for the U.S. to focus on central America to block Chinese expansion. WATCH:
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Posted in Banking and Finance, Donald Trump, Economy, media bias, President Trump, THE BIG UGLY, Uncategorized
President Clinton IMO is largely responsible for building up China and now we are seeing the consequences of doing so !
The origin goes back to the evil globalist troll Kissinger.
Kissenger was the messenger
Not the string puller
This goes back to the marshal plan
But that goes back to 1913
The real question is
Why was Argentina buying liquidity from the FED
With Chinese Money
and
How did they pay off their swap line?
Accounting 101
Payment of the debt
Destroys the money.
________
________
Debt Swap Explanation
A debt swap line, more accurately referred to as a central bank liquidity swap line, is a financial tool used by central banks to provide liquidity in a foreign currency to institutions in their jurisdiction during times of market stress. When a foreign central bank draws on its swap line with the Federal Reserve, it sells a specified amount of its currency to the Federal Reserve in exchange for dollars at the prevailing market exchange rate. The Federal Reserve holds the foreign currency in an account at the foreign central bank, and the dollars are deposited in an account that the foreign central bank maintains at the Federal Reserve Bank of New York.
For example, China has a long-standing currency swap agreement with Argentina, which has been used to bolster Argentina’s foreign exchange reserves and facilitate the import of goods.
This swap line has come under scrutiny from the United States, which views it as potentially extortionate and has called for its end.
Central bank liquidity swap lines are designed to improve liquidity conditions in dollar funding markets in the United States and abroad, thereby supporting financial stability and serving as a prudent liquidity backstop.
These arrangements have been used extensively during financial crises,
-such as the Global Financial Crisis of 2007-2008,
and have been reactivated during the:
– COVID-19 pandemic
to address strains in global US dollar funding markets.
The Federal Reserve operates these swap lines under the authority of section 14 of the Federal Reserve Act and in compliance with authorizations, policies, and procedures established by the Federal Open Market Committee (FOMC).
________
________
So what did Argentina provide America**
In order for the FED
To utilize it
For debt swaps
That crushed the US*
Economy?
{America is the Republic
The US is the Administrative Trustee of the Republics Bankruptcy}
What was shifted
To the CCP balance sheet
From America’s Debt
The strengthened the FED
during 2 “global crisis”
And what Administrative Entities profited?
NGOs. . .
And
Congressional stock portfolios. . .
How does one perform a hostile corporate takeover
Pro Tip:
Buy your advisories debt
And call it in
CCP facilitated Argentina’s swap line
To
CONTROL US DEBT
and
Some entity
Just enabled Argentina
To pay that swap off
And
The President of El Salvador
Was just in the Oval Office
(Spoiler alert:
Central Banks
Have
Central Intel
And neither of those is American.
EL Salvador
And President Trump
Know this. . .)
Did you mean to say “adversaries”, instead of “advisories”? Just checking.
Yes
The less condensed version! Great post btw!
Foreign exchange swaps between central banks do not directly increase the money supply of the country initiating the swap. When a central bank carries out a foreign exchange swap, it exchanges one currency for another at the spot rate and agrees to swap back at a future date. This transaction is typically collateralized, and the foreign currency acquired is held as an asset on the balance sheet of the originating bank. The swap is designed to unwind at the same exchange rate used in the initial draw, meaning the dollar value of the asset is not affected by changes in the market exchange rate.
However, if the foreign central bank lends the dollars it receives from the swap line to institutions in its jurisdiction, the dollars are transferred from the foreign central bank’s account at the Federal Reserve to the account of the borrowing institution. This transfer increases the reserve money in the foreign country, which can lead to an expansion of the money supply in that country.
In summary, the dollars created by a swap line do not directly count against the money supply of the originating country but can affect the money supply in the recipient country if the dollars are lent out.
The dollar funds deposited in the accounts that foreign central banks maintain at the Federal Reserve Bank of New York are a Federal Reserve liability.
https://www.reuters.com/markets/currencies/china-us-clash-over-major-argentina-currency-swap-line-2025-04-08/
Define dollar:
– FRN?
– $+ Credit
Define Fund**
👆👆👆👆
Trust Fund?
Define Accounts**
Define foreign**
Define maintain**
Federal Reserve Bank of New York
What about the other 11?
** Do you use blacks law?
The IRS definitions?
The SEC Definitions?
One must stop operating from what one “knows”
And validate terms
Because we are all
Adhered
To contracts
That we entered
Without being financially mature
Reads almost strangely post-modernist to me; substitute contract for tribe. But I’ll skip all that.
Punchline is still there: who benefits; elevated risk given Argentina’s multi-source creditors.
Happened before with MBS holdings.
Thanks for the top down synopsis!
Slick Willy allowed Chinese communists to desecrate the Lincoln bedroom. Anything to raise money for Hillary’s eventual campaign for senator from New York.
Hillary and Obama et.al.
Are just actors for distraction INC
One must
Follow the money
Not the narrative
Or one will never be free
Detox from the rage bait
And the Dems vs R pablum
Ones eyesight improves radically
Treasonous actions by the Democratic Party as per interview with Weldon and Carlson
A must watch .
Correct. Also remember NAFTA.
“the need for the U.S. to focus on central America to block Chinese expansion.”
Cue the all of the Bukele attention. I strongly suspect he’s being set up for something bigger than the leader of El Slavador, but I’m not entirely sure what.
At this time
There isn’t a bigger role for Bukele
Than the President of the Central American Nation
That overthrew the cia
Miele is performing a hostile takeover
Of the Chinese laundry that wrecked Argentinas Finance
Xi is buying out the washing machines and folding tables
And
The sewing machines
For alterations
President Trump
Is Governing the trading floor
For all of the above
Perón ruined Argentina’s finances. Unions and Leftists sustained the decline over decades. The currency collapse of 2001 devastated the whole country.
Kirschner made it even worse, over several terms.
Long live Millei!
Trump has been accused of being anti gay yet he appointed two gay men to prominent positions, including Scott Bessent. And Trump loves the Village People.
Great choice for Treasury Secretary smart articulate and a fantastic demeanour for the upcoming negotiations .
The Marxist from Bloomberg is very annoying. Bessent keep his cool, though, with a consistent big picture message.
I understand maybe 10% of this, but I’m amazed at Trump’s ability to pretty much block every move Xi is about to make.
@flyoverdeplorabley
If you understand 10%
That’s more than most
Use grok or brave AI and run queries about China, the provinces
Their governance
And
The CCP
China is far far from the monolith Americans perceive it as
To gain financial freedom in the US
Understand what the CCP is
and is not
And look into Xi
It may well Be
That President Trump and Xi have aligned interest
In breaking the CCPs control of US Debt
( UN/ EU/ NATO/ US/ CCP
ALL have the IMF in common
and The IMF
isn’t the jews )
To defeat the system
Use your own equity
And
Leverage your own debt
Start a small business
Set up a VERY Basic family Trust
And run your estate
As a business
With expenses
If 10% of Americans
Did this
The FED would collapse tomorrow
Be well
See you in the threads
Chris I spend way too much time online and here in particular and I don’t recall seeing you prior. My loss.
Have you a blog or books elsewhere?
I’m a “mechanical man” and very good at what I do and money isn’t it. Sigh.
Please continue!
If you are a mechanic
Then you can engage in monetary Mechanics
It’s just
Charges, discharges bonds and. . .
Wires. . .
For liquidity
And
Capacity. . .
I promise you
You know way more than you think
Thanks for the encouragement!
Got a guidebook?
The Bible
For compass calibration
____
Behold a pale horse
Diary of an economic hitman
Barbarians at the gate
The count of Monte Christo
Blacks law
GAAP manual
Barron’s financial dictionary
No cable tv
Real books
Search key terms +
.PDF
.gov
And
“Patent”
OT: another one of the good guys is removed by another one of the bad guys
https://www.thegatewaypundit.com/2025/04/trump-official-who-closed-down-usaid-state-department/
Anyone who led the charge to close down the monstrous satanic abomination that was USAID is S-tier in my estimation. “Marocco wanted to be aggressive in cuts to foreign aid and Rubio fought to keep some of the initiatives.” Exactly what aid and to whom and exactly how was it to serve AMERICAN interests?
Until I hear PDJT or someone authorized to speak on his behalf regarding this situation, I will not join in on watercooler speculation.
Right now, this seems to be another “Maryland Man Mistakenly Deported” story. Too many holes. Not enough information. How much of the story is lies.
Secretary Bessent is authorized
Listen to his interview
And
take key financial words and define them from
GAAP and Tax manuals
Use legal dictionaries
AI will save you many years
Although
I wouldn’t trade mine for anything
Where did Trump find this guy Bessent? He’s all over the place working hard for Trump and the US.
China blowing hot Chinese fumes directed at ‘peasants in the US’ saying that they will suffer in a stark warning on Trump’s ‘shameless’ tariff war. Wait till Trump and Putin trade alliance kick in, as Putin prefer not to have any Asian trade alliance
They know who the Chinese Communists are, and are appropriately standoffish. Smart Russians.
Yep…mask if coming off.
To the globalists, the only thing that matters is cheap, controllable labor. That is why they need to destroy prosperous countries and turn their citizens into slaves.
As long as they can find cheap labor, they can make MAXIMUM PROFITS and to them, that is ONLY WHAT MATTERS.
And they planned on turning the BILLIONS in China into the next wealthy nation so they could farm those people as well.
We’re ALL just cattle to them. –Kris Jurski
Love Jurski! He sees the connections & causality, and puts it all together. A prince among men.
His last few sentences mentioned something called “the vicks” and I would like to know what that is (and I’m sure I’m not spelling it correctly either)…anybody??
It’s the VIX, it’s a stock on the stock exchange and measures volatility in financial transaction, and the speed at which money moves through economy.
During the Great Depression, the volatility went almost to zero, because people hid cash in their mattress, because was in such short supply. In times of high excitability and lots of trading, the VIX gets very high, and can be a sign of instability in the economy.
VIX. It’s a volatility index for the US stock market
I wondered how we would be impacted if the entire continent of South America is controlled by the CCP and other bad actors. I’m glad to see Trump getting involved.