patrick.net

@patrick Is there someone downvoting all recent posts? I can certainly see this topic being unpopular, and welcome(some might even say relish), disagreement, but noticed every post on the front page seems to have at least one downvote.

I know nothing about this topic, but if I had to guess, I'd say the banksters were up to something related to the fed announcing or deciding whether or not to cut rates. Probably: the big bank cabal has a mole that would tip them off as to whether a rate cut would happen, and they wanted to save all their cash so they could use it to leverage-bet trade with their insider info.

Or maybe mole-fueled speculation on oil.

NuttBoxer says

patrick Is there someone downvoting all recent posts?

Yes. I looked it the database. It's a robot who goes by the user name GeorgeKnight and has never commented. Not sure what the motive is.

It marked down 392 posts in a row. I undid it now.

Sounds like an angry coder keeps messing w/ patnet - all this bot activity these past few days

Sure, could be.

https://x.com/echodatruth/status/1979619716265050370

While Everyone’s Distracted…

Most people have no idea what just happened.

On October 16th, 2025, the Federal Reserve Bank of New York quietly injected $8.35 BILLION into the financial system through something called a Repo Operation, and that’s just what they admitted publicly.

Nearly 80% of that was backed by mortgage-backed securities, not Treasuries.
Translation: the banks are running out of cash, and they’re now pawning off their riskiest assets just to get short-term liquidity.

Let me break it down:
The Repo Market is basically a virtual pawn shop for banks.
They bring their “valuables” government bonds or mortgage-backed securities and the Fed gives them a quick cash loan overnight.
The next day, they “repurchase” their collateral.
That’s why it’s called a repurchase (repo) agreement.

Now here’s the problem 👇
When banks start pawning mortgage-backed securities instead of safe Treasuries, it means they’re desperate for cash.
It’s like someone pawning their TV, their car, and then finally their wedding ring.

And the Fed knows it.
That’s why they quietly announced a $491.65 BILLION Standing Repo Facility for later that same day — nearly half a trillion dollars in emergency overnight liquidity.
They don’t prep half a trillion unless something behind the curtain is breaking.

Meanwhile, what’s trending right now?
👉 Protests.
👉 Political drama.
👉 Manufactured headlines designed to divide and distract.

While the world argues, the monetary system is quietly unraveling in real time.
This isn’t conspiracy. It’s public data straight from the Fed’s own website.

We’ve passed the point of no return.
You can’t print your way out of a debt-based system forever.
You can’t keep pretending it’s fine when the repo window is catching fire again.

There’s no “going back”, only forward.
And the future isn’t built on bailouts and backroom deals…
It’s built on transparent, asset-backed, blockchain-based systems like Metal Blockchain and the XPR Network, where collateral and liquidity exist on-chain, not in secret.

While the world sleeps, those who know what they hold are preparing.

Know What You Hold!!!

Patrick says

That’s why it’s called a repurchase (repo) agreement.

How can "repo" mean "repurchase" when there is no "o" in the word purchase? Sounds like "repo" means "repossession" which sounds more ominous.

Last time the overnight repo market seized up, we had the scamdemic and $20T injected into the system.

Gold is not up over 50% in 12 months for nothing.

fdhfoiehfeoi says

2008 is gonna look like flesh wound compared to what's coming.

ANY SECOND NOW!!!!

Patrick says

On October 16th, 2025, the Federal Reserve Bank of New York quietly injected $8.35 BILLION into the financial system through something called a Repo Operation, and that’s just what they admitted publicly.

Nearly 80% of that was backed by mortgage-backed securities, not Treasuries.
Translation: the banks are running out of cash, and they’re now pawning off their riskiest assets just to get short-term liquidity.

Talking about $8.35 BILLION in a $30 TRILLION economy as something significant and ominous is like talking about significance of $8.35 in a life of McD worker earning $30K per year.

Eric Holder says

Patrick says

On October 16th, 2025, the Federal Reserve Bank of New York quietly injected $8.35 BILLION into the financial system through something called a Repo Operation, and that’s just what they admitted publicly.

Nearly 80% of that was backed by mortgage-backed securities, not Treasuries.
Translation: the banks are running out of cash, and they’re now pawning off their riskiest assets just to get short-term liquidity.

Talking about $8.35 BILLION in a $30 TRILLION economy as something significant and ominous is like talking about significance of $8.35 in a life of McD worker earning $30K per year.

Oh great economic wizard @Eric Holder, dost thou not know that prices are decided at the margin? And if the banking system is bankrupt as evidenced by the overnight repo rates and massive Fed injections, what, pray tell, does your supernal liberal prescience foresee as the outcome?

I request this most humbly as a magat petitioner.

The error here is in the word "massive". $8.35B is puny. You liberal panicans get spooked over silliest little things and proclam the sky is falling TOMORROW. Meanwhile many years have passed since the OP declared that the "Fed lost control" ...

Eric Holder says

ANY SECOND NOW!!!!

Right, my point in posting it here is that such predictions of doom have not panned out.

Yet.

Patrick says

Eric Holder says

ANY SECOND NOW!!!!

Right, my point in posting it here is that such predictions of doom have not panned out.

Yet.

Have we even touched the tariff money? My gas prices are down. My beer per case down 25%. I don't buy physical (non-food) products much anymore, but I haven't noticed a difference when browsing through Amazon. Some food prices are up, but I just bought a dozen eggs for 79¢.

I don't claim to know the FED or financial markets, just what I see around me. Things look good here in IL at least where I live. I live near(ish) a non commercial airport with well over $100M worth of private planes and jets. 2 mile long trains rolling through every half hour. No foreclosures. No evictions. Business like restaurants packed and staying open.

I saw the housing crash. I didn't plan well and/or was not aware enough. No trains. No planes. No traffic. No lumber on trucks. It was obvious and I was too young and dumb. Point of this comment is be aware of your surroundings. Watch things daily. We all know the media lies so don't rely on that. Headlines are scare tactics to get clicks and revenue. If you're not scared of something how does the media make money?

Oil is largely decoupled from the rest of the financial system, in the sense that is it is wildly unpredictable - rather a function of regional/geopolitical influences, regional politics, etc.

fdhfoiehfeoi says

patrick Is there someone downvoting all recent posts? I can certainly see this topic being unpopular, and welcome(some might even say relish), disagreement, but noticed every post on the front page seems to have at least one downvote.

Nobody down voted this one.

The older posts tend to have downvotes.

Patrick says

Right, my point in posting it here is that such predictions of doom have not panned out.

But it did pan out.

This is the reason they rolled out covid two months later. There was never a pandemic, but there was a liquidity crisis.

2020 - 2021 makes a lot more sense when viewed through this lens.

Sky was falling for 6 years now in the media, not once was it true.

stfu says

This is the reason they rolled out covid two months later. There was never a pandemic, but there was a liquidity crisis.

2020 - 2021 makes a lot more sense when viewed through this lens.

Media makes more sense. Shift from main stream to alternative media and podcasts. Censor and shut down the people saying covid was bulls shit, which they were right. I believe China orchestrated and our dumb ass media soaked it up outside of a few with IQ's above a rat to get clicks and revenue.

Then toss big Pharma on the train and the two cohorts make the $$$$. The market was sound for the most part pre-covid. Who was losing money at the end of Trump's 4th year? Media and Pharma. Pretty much everything was on solid ground prior. Just look at late night viewers with the recent Kimmel shit. His ratings have fallen into the Grand Canyon. News networks. Joe Rogan, a meathead is one of the biggest draws. You don't think CNN or MSNBC are embarrassed. He'll get better ratings having an actual retard on the podcast that can't even talk.