Who Conducts Market Manipulation?

Where to start. This past week has really shown the corrupt and evil system that must be torn down. It's shown the atrocities that Wall street, along with the FED, have committed against the everyday American person. It’s shown how the Government and Wallstreet don't give a crap about you, or your wellbeing. It's shown that they will take any measure necessary to crush you when you get in their way. It's been going on forever, but it was the 08 crisis that really exposed the truth.

2008 marked one of the worst finical crises ever. 9 million people lost their job in 2008. Many lost their homes, life savings, and livelihood. But who was to blame? Wallstreet and the FED, the usual culprits. Wallstreet played the average American, and when Americans asked for justice the FED responded with a bailout for their crony friends. The Lehman brothers, one of the banks that caused the chaos, was fined a mere 600 million dollars. And out of all the crony's on WallStreet, none of them went to jail. Best part about this; is then the Federal Reserve then proceeded to bail out every single one of these people that caused this immense suffering. The only people that actually paid the price for all this BS was the American people.

“Not one major Wall Street executive went to jail for destroying our economy in 2008 as a result of their greed, recklessness and illegal behavior. No. They didn’t go to jail. They got a trillion-dollar bailout.”

And this is exactly why the federal reserve is an unjust and immoral actor. Nobody can check them, and I mean that when i say that. Nobody has the power to check anything they do. Therefore, they run the country, it does not matter what president or what congress we have, because all the power resides with those who control the monetary system. Did you or anybody you know get a vote when the FED decided to print 4 trillion dollars this year and devalue our currency by 26%? Did anybody in 2008 get a vote when the FED bailed out WallStreet? No, nobody did! The FED and WallStreet are a parasite on the American people. The government allows WallStreet to act however they please, and when WallStreet messes up- the federal reserve comes to the rescue with trillions of dollars to bail them out. Meanwhile, the American people take the brunt of it all.

Here we are in 2021- when people are finally beginning to see through the BS. Just recently Wall Street Bets, a reddit group run by everyday people, has done something extraordinary. They effectively beat out hedge funds, causing them to lose a lottt of money. A hedge fund named Melvin Capital announced they were shorting Game Stop, which meant they were betting the price of GME would fall, and if it fell, they were poised to make money. However, when WSB heard of this they went in droves to drive the price of GME through the roof, meaning Melvin would lose a lot of money if GME stock price went up. Well, WSB succeeded, forcing Melvin to lose billions of dollars. WSB is now continuing to do this with many hedge fund shorted stocks- forcing these hedge funds to lose out big. Yet, as we learned from 08, WallStreet will do anything to stay on top.

Market manipulation, something WallStreet has done for a long time. Just recently JP Morgan paid $920 million (about the cost of an inexpensive major league baseball team) in fines for manipulating precious metals markets and treasury futures. To top that Bank of America has paid 76 billion in fines over the past 10 years. While all major US banks have paid a cumulation of 323 billion in illegal activity fines, including market manipulation. Yet, all these fines do not even equate to the amount that they profited from conducting these illegal activities. These fines did not do any real damage. Nobody went to jail over them. The FED still goes and bails them out when they need help, so did they really get punished as a result?

Look at this chart, this is the definition of cronyism: government officials bailing out finical institutions and corporations. And its only from 2007-2011, I can only imagine how much it has grown since then.

This is nothing new, WallStreet never actually faces any real consequences. They miniplate these stocks making billions, and then when they get caught, they get a slap on the wrist. All while the everyday person gets destroyed who was invested in these stocks. Wall street was short 140% on GameStop, they were trying to kill the stock. Think of how much damage that does to those invested in that stock or the company itself. And then when retail investors fight back WallStreet screams to the SEC and the government to stop the "market manipulation". They can't dare let the little guy win for once. They beg for regulation so that they can continue to trample out the little guy. Then they take it a step farther; they halt trading on these stocks, so they do not have to lose any more money. Imagine playing a game and your opponent's been cheating the whole time, and then when you start winning, they make it so you can't play the game anymore. Thats exactly what WallStreet is doing to the everyday investor right now. And the government has their back not yours.

But we haven't even talked about the biggest and most guilty market manipulator out there, the Federal reserve. Rember when the world was burning with millions unemployed, but the stock market was at all-time highs? How did that possibly happen? Well, when the federal reserve pumps trillions of dollars into the finical markets you can expect something like that to occur. Janet Yellen, the sectary of treasury, is openly saying she will not allow the market to correct. Doesn't that sound like market manipulation? Not allowing the free markets to play out. Sounds a little bit like Cronyism/Socialism to me. And therefore, Wallstreet can do what they do, because they have direct access to an unlimited amount of freshly printed dollars from the federal reserve and fiscal stimulus. They can apply for a PPP loan and get millions for doing absolutely nothing. THE GAME IS LITTERLY RIGGED. Wallstreet is benefiting from all this government intervention not you. When retail tries to go and take advatge of it the government threatens regulation, while WallStreet gets rich.

This chart shows exactly what QE (Quantitative Easing aka money printing infused into finical markets) does to the fincial markets. How is that not manipulation? This directly benefits all the cronies on Wallstreet, and the govemrnet is to thank for that. The Gov is participating in the biggest scandal ever, and its right in front of your face. And now because people are seeing right through the BS with this WSB stuff they are waking up. They are seeing how rigged the system is against the American person. How it only benefits those who are friends with the government officials pulling this stuff off.

So remind me again what's minupulated. Is it bitcoin? Which happens to be decentralized coding that nobody on the planet has control over, or is it the stock market which big banks, hedge funds, and the Federal reserve have almost full control over? And who are the real criminals? Bitcoin users which make up 0.34% of illicit activity, or is it the FED and Wallstreet???