This news is more EXPLOSIVE than your 4th of July fireworks 🧨 🎇
Yes, there is a SECRET SECOND CENTRAL BANK OF THE UNITED STATES that no one wants you to know about. Thank you to George Gammon for uncovering this!
The Federal Home Loan Bank, or FHLB, is a secret second Central Bank! They have never lost a penny in their 90-year history! They were set up in 1932 in order to "help increase home ownership"...
A lien from the FHLB supercedes any other kind of lien on a property.
Banks like JPMorgan has purchased FHLB loans for years...👀 and the FHLB was bailing out California banks before SVB et al failed...
🔔 The punch line as to "why" this bank even exists: if soon-to-fail banks go to the Federal Reserve for a rescue, they are effectively doomed; other banks may not lend to them again. Going to the FHLB keeps an ailing bank under the radar, because very few are even aware as to exactly what they do! 🔔
George Gammon video: