Federal debt surges, Treasury depletes funds to mask record deficit during elections.

It appears there’s growing concern over the management of federal debt and deficit amidst the backdrop of recent financial maneuvers. Janet Yellen’s decision to draw down $5.7 billion from the Treasury cash account raises eyebrows, seen by some as an attempt to obscure the true scale of the deficit ahead of upcoming elections. This move, …

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RRP facility drop stems from Treasury’s 5.4% bill funding, diverting funds. When RRP depletes, liquidity shortage may spike short-term rates, impacting asset classes.

by Virtual_Crow The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less than 5% (for short term loans). The Fed doesn’t want that because loaned deposits multiply …

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Chinese scientists build hypersonic generator capable of powering a range of high-tech weapons (while the US depletes its armory by sending its weapons to Ukraine)

via naturalnews Chinese scientists have built a hypersonic generator that is capable of powering a range of weapons and military lasers as well as rail guns and microwave weapons, and the compact format of their generator means its potential uses are staggering. Using a controlled detonation, Chinese researchers found a way to turn hot gas into …

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