Efremov smashed for open secret of the opposition

The artist was demoted to “bacteria” after confessions

Efremov, through his lawyer, conveyed his position to those who are trying to find the political background and the regime’s hand in a fatal accident – Putin did not ask to get drunk behind the wheel. And then the artist admits: where I am, and where is the politics, I’m not an oppositionist, but just a clown and earned money.

And then it started. “As it was, I’m an artist, I’m just a clown … not an oppositionist!” … You’re a bacterium, not an artist ”,“ I thought that Efremov couldn’t cause any more disgust, but the lawyers are trying – and he’s becoming more disgusting “and so on and so forth …

And people seem to be not in dementia. My grandmother, when she was already in dementia, watched TV and said: “How can he cure him, he’s not a doctor, but an artist of Livanov …” Why is Efremov, even reading evil verses about Putin, supposed to be an oppositionist? Let’s write Galkin to the opposition – he trolls the power in general and the president in particular, and lives in the palace, as it should be for people with good faces.

The evil reaction is understandable – Efremov just revealed the “secret.” We do not have a liberal opposition – there are people who make money on this. They feel great under the current regime, enjoy its benefits, beat out privileges and budget grants and subsidies for themselves. And in the opposition they are solely because they are pushed directly from the feeder, you have to spin, sell, tear closer.

There are real oppositionists. They can not be counted, how many. But they do not live in the alleys of the Boulevard Ring, do not go to Bentley and receive state prizes of the Russian Federation or state department prizes.

For them, Efremov, as a clown, remained a clown – a good artist, not a bacterium. A man who committed a monstrous act, but still a man and a citizen, regardless of whether his views are like or not.

See also: “Putin did not ask to drive”: Efremov made a political statement

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Lukashenko said that Russia understood why he “slammed” the bank of Gazprom

President of Belarus Alexander Lukashenko said on the television channel Belarus 1 that Russia understands the reasons why the ex-director of Belgazprombank (a subsidiary of Gazprom) Viktor Babariko, who claimed the post of president, was arrested in Belarus. “When we slammed this Gazprom bank, they understood everything,” said Lukashenko.

The Belarusian leader emphasized that Belarus acts according to the law. Through this bank, 640 million dollars were laundered and transferred to Latvia. Americans in Latvia “covered” this bank. “And when I see millions and millions of dollars pumped out – it’s the money earned for us, then what should be my actions?” – asked Lukashenko a rhetorical question.

He talked about the searches in the bank. He was struck that in all the cells were documents and flash drives. Previously, Babariko could not be arrested due to the lack of evidence. Initially, information about fraud appeared in December. But it was impossible to act right away — evidence was needed. Moreover, if the Americans did not put pressure on the bank in Latvia, then in Minsk they might not have received information about transfers, the Belarusian president added.

It should be noted that earlier the Prosecutor General of Belarus stated about the threat to the national security of the republic arising from the actions of Babariko. Babariko has been charged, but under what article is still unknown.

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Pandemic has become a litmus test for the Russian elite

He became a deputy, for decades he was in various senior positions. True, he did not win special laurels, but still in the leading clip, he continues to pull the excessive burden of the “servant of the people.” From his spiritual bond, only a round and well-fed … turnip remained.

In this story there is no fiction, allegory or libel on the bright image of the national guardian. On the contrary, I do not call him by name just because I want to spare the nerves of the simple-minded people who at one time gave sympathy to a visiting political guest performer. Our deputies, candidates, senators, officials only out of necessity and for a short time descend to the ground, “showing concern” for a simple person. Then, in a private plane, fly away to your villas and yachts, where in the quiet of the splashing sea it is easier to relieve the stress of meeting an alien “remote place” for them, to erase unpleasant images of general neglect and poverty from memory.

The social gap between the government and the people has always existed among us: that under Ivan the Terrible, that under Nicholas II, that under Stalin and further on the list. We admit honestly that the tsar, neither the emperors, nor the Bolshevik or democratic leaders, the well-being of the common man was a priority. The state and its interests are everything, but man is almost nothing! However, today’s stratification in the country, the gigantic wealth of some and the hopeless poverty of others, even against such a historical background, look glaring.

The so-called Russian elite does not even know how things are outside the two capitals. How millions of citizens of small towns and villages survive – the most humble part of the country, the inhabitants of that very province, the outback, about which the elites allegedly bake.

In fact, they are all “terribly far from the people,” as Lenin noted, alluding to the fact that the Bolsheviks will be much closer when they come to power. For they themselves come from the thick of the people.

But Vladimir Ilyich, having become the master of the Kremlin, did not change historical traditions, having settled together with his wife in an 11-room apartment in the Senate Palace, with two elevators and a summer terrace for relaxing and walking.

In a word, it doesn’t matter which century is in the yard – everything happens according to one scenario. New elites break into power under the slogans of protecting the interests of the people, and then isolate themselves from the common man and his worries in order to focus on solving more “ambitious” tasks. So they come off gradually from reality, cease to understand the life of ordinary citizens.

And if someone says that this happens to high-ranking officials around the world, then I will not agree. Not so long ago, British Prime Minister Boris Johnson arrived at a regular store in the immigrant area of ​​London at the wheel … of a bicycle. Recognizing him, people came up to say hello by the hand and take a selfie. Having finished communication, Johnson unhooked the lock from the frame, got on his bicycle and drove off into the bourgeois Piccadilly.

I cannot imagine Johnson’s Russian colleague in the same role – at least the present, at least any of the past – personally I can’t, at least crack! Although one of them would take such a walk in the midst of a street crowd, renting a bike and going for bread to the bench, he probably could have learned a lot of new and interesting information about people’s lives, first hand. You see, this knowledge would help in the preparation of some important government decisions …

Ideologies or systems are changing, and the nature of power is never! And most of today’s problems are a consequence of that very isolation and split. Hence the inadequate response of the authorities to many internal events, challenges and aspirations.

Maybe this would have continued, if not for the sudden pandemic, which had fallen like snow on his head, exposing all the drama and depth of Russian problems.

To be fair, the government promptly took the necessary and important measures to protect the population. In a short period of time, hospitals and clinics were redesigned into coronavirus control centers, provided with protective equipment, thanks to which massive losses were avoided. And the appearance of Vladimir Putin in Kommunarka, communication with specialists of the medical center and the support of doctors became almost a balm for the soul – which means that not everything is so bad!

However, millions of ordinary citizens, being isolated, alone with their fear, fears, phobias, experienced total stress, which they are unlikely to quickly and without consequences get rid of. New and unfamiliar words appeared: saturation, virulence, alveolus, on which the lives of their loved ones now depend. In a literal sense. The pandemic caused tectonic shifts and psychological trauma in people’s minds. It seems that such confusion and absolute misunderstanding of what to do, how to be saved, people have never had, perhaps even during the Great Patriotic War, where the enemy was terrible, but understandable and visible. It was especially hard for the elderly contingent, which was initially identified as a hopeless “risk group”.

Deputies, ministers, heads of regions, territories frankly skated about the excitement of people. They had nothing to say or simply did not consider it necessary – this is not an election campaign! Especially to rush off somewhere, spend money and risk your health. It is much safer to jump out to the provinces on a Gelendvagen for a couple of days, throwing a sweatshirt with earflaps and pickaxes in the trunk to seduce the electorate.

We did not see the proper support of the business community. Not a single oligarch was seen in volunteer actions or financial support for hospitals. None of them ran to withdraw money from accounts to help those in need.

Each time we are convinced that we should not wait for male, and simply humane, human actions from our Forbes regulars. Although they have been scooping billions of dollars for decades in those very deceived remote places, polluting nature for hundreds of kilometers, which is why the population is gradually dying out.

We did not hear the voices of representatives of official medicine, whose words would help people calm down. As a result, psychosis reached such heights that even doctors refused to replace whole teams. And you can understand them, because few people want to risk the health and lives of loved ones and relatives for a penny.

The pandemic and all the events associated with it caused only discontent and distrust of the authorities. When half a century ago, Moscow artist Alexei Kokorekin, who returned from India, fell ill with smallpox, the entire population of Moscow (6 million people) was completely vaccinated within 19 days. And no one blundered why and for what they are vaccinated! Because they were one hundred percent sure – everything is done for their health and good.

The outbreak was localized, only three people died. So Soviet medicine coped with typhoid, plague, tuberculosis, smallpox, polio and other epidemics using its own vaccines.

Today, one hint of the need for vaccines causes the majority of anxiety and protest. Perhaps fears are exaggerated and have no soil. But people no longer believe anyone. Too often they have been deceived and continue to deceive.

They do not know how to work differently. Maybe they would like to, but they don’t know how!

See also: Why Rosstat data often do not correspond to the real state of affairs

.

Pandemic has become a litmus test for the Russian elite

He became a deputy, for decades he was in various senior positions. True, he did not win special laurels, but still in the leading clip, he continues to pull the excessive burden of the “servant of the people.” From his spiritual bond, only a round and well-fed … turnip remained.

In this story there is no fiction, allegory or libel on the bright image of the national guardian. On the contrary, I do not call him by name just because I want to spare the nerves of the simple-minded people who at one time gave sympathy to a visiting political guest performer. Our deputies, candidates, senators, officials only out of necessity and for a short time descend to the ground, “showing concern” for a simple person. Then, in a private plane, fly away to your villas and yachts, where in the quiet of the splashing sea it is easier to relieve the stress of meeting an alien “remote place” for them, to erase unpleasant images of general neglect and poverty from memory.

The social gap between the government and the people has always existed among us: that under Ivan the Terrible, that under Nicholas II, that under Stalin and further on the list. We admit honestly that the tsar, neither the emperors, nor the Bolshevik or democratic leaders, the well-being of the common man was a priority. The state and its interests are everything, but man is almost nothing! However, today’s stratification in the country, the gigantic wealth of some and the hopeless poverty of others, even against such a historical background, look glaring.

The so-called Russian elite does not even know how things are outside the two capitals. How millions of citizens of small towns and villages survive – the most humble part of the country, the inhabitants of that very province, the outback, about which the elites allegedly bake.

In fact, they are all “terribly far from the people,” as Lenin noted, alluding to the fact that the Bolsheviks will be much closer when they come to power. For they themselves come from the thick of the people.

But Vladimir Ilyich, having become the master of the Kremlin, did not change historical traditions, having settled together with his wife in an 11-room apartment in the Senate Palace, with two elevators and a summer terrace for relaxing and walking.

In a word, it doesn’t matter which century is in the yard – everything happens according to one scenario. New elites break into power under the slogans of protecting the interests of the people, and then isolate themselves from the common man and his worries in order to focus on solving more “ambitious” tasks. So they come off gradually from reality, cease to understand the life of ordinary citizens.

And if someone says that this happens to high-ranking officials around the world, then I will not agree. Not so long ago, British Prime Minister Boris Johnson arrived at a regular store in the immigrant area of ​​London at the wheel … of a bicycle. Recognizing him, people came up to say hello by the hand and take a selfie. Having finished communication, Johnson unhooked the lock from the frame, got on his bicycle and drove off into the bourgeois Piccadilly.

I cannot imagine Johnson’s Russian colleague in the same role – at least the present, at least any of the past – personally I can’t, at least crack! Although one of them would take such a walk in the midst of a street crowd, renting a bike and going for bread to the bench, he probably could have learned a lot of new and interesting information about people’s lives, first hand. You see, this knowledge would help in the preparation of some important government decisions …

Ideologies or systems are changing, and the nature of power is never! And most of today’s problems are a consequence of that very isolation and split. Hence the inadequate response of the authorities to many internal events, challenges and aspirations.

Maybe this would have continued, if not for the sudden pandemic, which had fallen like snow on his head, exposing all the drama and depth of Russian problems.

To be fair, the government promptly took the necessary and important measures to protect the population. In a short period of time, hospitals and clinics were redesigned into coronavirus control centers, provided with protective equipment, thanks to which massive losses were avoided. And the appearance of Vladimir Putin in Kommunarka, communication with specialists of the medical center and the support of doctors became almost a balm for the soul – which means that not everything is so bad!

However, millions of ordinary citizens, being isolated, alone with their fear, fears, phobias, experienced total stress, which they are unlikely to quickly and without consequences get rid of. New and unfamiliar words appeared: saturation, virulence, alveolus, on which the lives of their loved ones now depend. In a literal sense. The pandemic caused tectonic shifts and psychological trauma in people’s minds. It seems that such confusion and absolute misunderstanding of what to do, how to be saved, people have never had, perhaps even during the Great Patriotic War, where the enemy was terrible, but understandable and visible. It was especially hard for the elderly contingent, which was initially identified as a hopeless “risk group”.

Deputies, ministers, heads of regions, territories frankly skated about the excitement of people. They had nothing to say or simply did not consider it necessary – this is not an election campaign! Especially to rush off somewhere, spend money and risk your health. It is much safer to jump out to the provinces on a Gelendvagen for a couple of days, throwing a sweatshirt with earflaps and pickaxes in the trunk to seduce the electorate.

We did not see the proper support of the business community. Not a single oligarch was seen in volunteer actions or financial support for hospitals. None of them ran to withdraw money from accounts to help those in need.

Each time we are convinced that we should not wait for male, and simply humane, human actions from our Forbes regulars. Although they have been scooping billions of dollars for decades in those very deceived remote places, polluting nature for hundreds of kilometers, which is why the population is gradually dying out.

We did not hear the voices of representatives of official medicine, whose words would help people calm down. As a result, psychosis reached such heights that even doctors refused to replace whole teams. And you can understand them, because few people want to risk the health and lives of loved ones and relatives for a penny.

The pandemic and all the events associated with it caused only discontent and distrust of the authorities. When half a century ago, Moscow artist Alexei Kokorekin, who returned from India, fell ill with smallpox, the entire population of Moscow (6 million people) was completely vaccinated within 19 days. And no one blundered why and for what they are vaccinated! Because they were one hundred percent sure – everything is done for their health and good.

The outbreak was localized, only three people died. So Soviet medicine coped with typhoid, plague, tuberculosis, smallpox, polio and other epidemics using its own vaccines.

Today, one hint of the need for vaccines causes the majority of anxiety and protest. Perhaps fears are exaggerated and have no soil. But people no longer believe anyone. Too often they have been deceived and continue to deceive.

They do not know how to work differently. Maybe they would like to, but they don’t know how!

See also: Why Rosstat data often do not correspond to the real state of affairs

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“Scarlet Sails” without spectators were horrified by the similarities with the last day of Pompeii

Everything sparkles and rumbles, but this pyrotechnic waste is happening, as if in an abandoned city

Under quarantine, the main oddity of concerts of epic proportions is the minimal number of public, and sometimes its complete absence. All this sometimes resembles a spiritualistic session, during which the stars try their best to evoke the spirit of the viewer, but he is not there. If the reaction of a small audience nevertheless hits the screen, then it is completely disproportionate to what is happening on the stage – as if a large symphony orchestra accompanied by a circus and ballet appears before a handful of surprised passers-by.

The culmination of the show “Scarlet Sails” was completely associated with the last day of Pompeii. Everything sparkles and rumbles, but this pyrotechnic and staged fading is happening, as if in an abandoned city. The holiday, in a sense, does not look very festive, which only reinforces doubts about the advisability of holding it in spite of all coronaviruses.

However, such doubts must be resolutely rejected. A big concert is a big budget, which means earnings for those who assemble a dubious tele-big top-by-box. And, by the way, some directors work out their money. So the show on Mamaev Kurgan was sustained in a rather strict and solemn tone, which is rare for anniversary celebrations, which, as a rule, look like a familiar pop fair, stylized as a celebrated date.

In parallel to the concert in Volgograd on the air of another federal channel, a show on Red Square in honor of the 70th anniversary of the victory was shown five years ago. It is noteworthy that even five years later, one of the numbers of this concert does not cease to amaze with its staging. Dozens of extras with blue flags that mimic the surface of the sea. A terrifying view of the layout of the warship and Grigory Leps, as a formidable captain of this ship. Loud rock and rock cover for Vysotsky’s song “Save Our Souls”.

It was reminiscent of the appearance of a villain in the Pinkfloyd’s “Wall”. It is dashing and delicious, but in the format of a sovereign concert, it looks like a scandalous performance among the blessed classics. Evil does its terrible deeds and is bowed down by no one punished. And if you already find some infernal wrong side in the stage, then you need to show it on Red Square and on federal air. So that we do not stop wondering.

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It promises Pavel Globa Sagittarius in July 2020

In financial terms, July is very favourable for Sagittarius month

Representatives of this sign are hard workers, this explains the fact that Sagittarians are always in the money. Very interested, they always work, dedicating their time. For people living in this rhythm sooner or later the day comes when suddenly you have problems with health.

See also: What the stars say from 29 June to 5 July

Representatives of this sign are always active and full of energy, in July for their Fate opens up great prospects in the financial plan. And to fully be able to use them, a well-known astrologer Pavel Globa recommends that the Archer correctly to expend her energy – work and leisure should alternate. Only a healthy man can work hard as accustomed Sagittarius. Overload in July can cause damage.

Pavel Globa recommends that the representatives of this sign to include in the diet more vegetables and fruits, find time for physical activity – Hiking in the Park or riding a bike – and be sure to get enough sleep, because stress and high fatigue unable to “Wake up old wounds.”

Proper nutrition, reasonable exercise, alternating with rest and sleep will enhance health and added energy that will naturally have an impact on income, and most importantly, you will be able to use all monetary prospects that Destiny will open for you.

See also: Congratulate those who are celebrating a birthday June 28

We prepare the coming day – June 28

June 28: the Categorical prohibitions in the Day of the Martyr FITA

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RFU and RPL made a statement on the situation with the championship

Suspension or cancellation of the season is not planned

The Russian football Union and Russian Premier League issued a statement in which he said that the suspension or cancellation of the season is not planned. They noted that the outbreak of the coronavirus in two teams in the championship cannot be considered force majeure. The statement published on the website of the RFU.

RFU, RPL and clubs declare their readiness to ensure security during the remaining matches of the season, which was renewed on June 19, after a pause due to the coronavirus.

The leadership of the Russian soccer hoped that the clubs will take responsibility for the implementation of the Rules on the resumption. Strict adherence to the requirements and recommendations allow to reduce the risks of coronavirus to a minimum and to finish the championship.

Earlier, three players of the Moscow “Dynamo” was identified coronavirus, so the match 23-go round “it is white-blue” with “Krasnodar” is scheduled for Sunday, was postponed to July 19. Also a few players of “Rostov” has caught COVID-19, so last Friday, for the away match against “Sochi” went on the youth players of the club.

Add BFM.ru in your news sources?

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A shortage of 1.9 billion euros in the accounts of Wirecard led to the collapse of its value in five times

Auditors EY warned that the accounts of one of the leaders of German Finance ‒ Wirecard is not enough 1.9 billion euros. Shares of intercompany, which is part of the Dax-30, the highest stock index on the Frankfurt stock exchange, collapsed Thursday, June 18, at the auction of more than 60% following these news. In 2018 the company’s market capitalization amounted to 24 billion euros, now it is estimated at less than 5 billion Euro, reports The Financial Times. Bonds for 500 million euros issued in June, on Thursday quoted below 40 cents on the Euro.

The last half of the year the company, which is based in the suburbs of Munich and annually handles tens of billions of euros in credit and debit transactions, have tried to prove the purity of their accounting practices. In 2019, the company commissioned a special audit by KPMG after having doubts about the veracity of her statements. During a six-month special audit experts KPMG are unable to trace the transactions underlying net profit Wirecard between 2016 and 2018, the Results of this audit, the newspaper was published at the end of April 2020, After the auditors EY announced a shortage of funds in the accounts, Wirecard will not be able to publish its audited results 2019 Wirecard three times postponed publication of its results for the 2019 March, stating to investors that it expects the independent auditor’s report. If the company does not publish audited results up to 19 June inclusive, it will violate Treaty obligations in the amount of 1.75 billion Euro revolving line of credit, organized by Commerzbank, ING, ABN Amro and LBBW and the other lenders. Banks will be able to terminate the loan deals of almost 2 billion euros.

Wirecard has always denied any wrongdoing. Wirecard in a statement released on 18 June, says the company is “working intensively together with the auditor in the direction of clarify the situation”. She also announced that chief operating officer were suspended from posts with the possibility to recall him from this post till June 30. CEO Markus Braun said that “previously issued confirmation banks were no longer recognized by the auditor” and added that “at present it is unclear whether there has been fraudulent transactions to the detriment of the Wirecard”. The largest asset Manager of German company DWS, one of the largest shareholders of Wirecard, said that estimates legal steps against the company. Head of sustainable development and corporate management Deka Investment, one of the largest shareholders of Wirecard, Ingo Speich said, “We look at the situation with distrust. More than ever, you need to start a new job in management”. Spic earlier called for the dismissal of brown.

In October, The Financial Times reported that employees of Wirecard, apparently, joined the conspiracy the fraudulent overstatement of sales and profits in the subsidiaries Wirecard in Dubai and Dublin and misled EY, auditor of the group for decades. Then in December, the FT reported that the so-called Deposit accounts, controlled on behalf of Wirecard and some of the Trustees were used to increase cash balances of the group. Wirecard has filed a lawsuit against FT for the publication of his statements, claiming that the newspaper violated a trade secret. At the end of September 2019 at Wirecard was € 1.8 billion of outstanding debt, while the Munich Bank that it controls, holding 1.7 billion euros in deposits of customers.

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The Secu will contribute to financing the crisis

The famous “trou de la Secu” turns into a chasm. While the accounts of social Security were in the process of reconnecting with the balance, the health crisis is going to increase by 2020 its deficit to more than 52 billion euros. And the forecast for the following two years are equally catastrophic, with an accumulated deficit of 92 billion euro at the end of 2022.

The French deficit plunges to record-record

Cades and CRDS

To finance these future losses, the government presents a draft law, discussed this Monday, June 15, in the Assembly, which means the contribution from the Fund amortisation of the social debt (Cades). This organization, funded by a levy of 0.5 % operated on all income (the contribution to reimbursement of social debt, CRDS) and a fraction of the CSG, should see the transfer of 136 billion euros of additional debts. Is the bill of the crisis with 31 billion euros of deficit years and $ 13 billion of debts of the hospitals.

In exchange for this mountain of debt news, the Cades should be able to count on an extension of the CRDS. Created in 1996, this tax, which is worth approximately 8 billion euros per year was originally planned to shut down as early as 2009. It has since ceased to be extended. This will still be the case, the new bill, to postpone its extinction from 2024 to 2033.

Creation of a branch dependency

This mechanism has, however, of the protests. Just like the unions, the left groups at the Meeting felt that all the debts related to the outbreak should be taken care of by the State, rather than by an extension of the CRDS. “This means that, for another decade, the social resources of the order of ten billion must be spent every year repayment of this debt and not be able to respond to social needs “, denounce the socialist deputies.

⇒ Dependence : the social Security could create a specific branch

To the left, as in the trade unions, many imagined it to be, in fact, recover from 2024 the manna of the CRDS to facilitate the balance of the pension system or to finance the support of the loss of autonomy. The bill, moreover, should endorse the creation of a fifth branch of social Security to cover the addiction. But with funding that is yet to be found.

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As the decision of the Central Bank rate on Friday will affect the ruble — the Russian newspaper

Last week the global financial markets was another of the fed meeting, the results of which became the trigger of decrease in stock indicators and the weakening of currencies of developing countries.

Especially for “the Russian newspaper” Sergey Drozdov, an analyst CC “FINAM”, spoke about the impact on the exchange rate decisions of the Central Bank’s key rate:

– Friday, June 19, the Bank of Russia will decide on the interest rate and will outline prospects for the future course of monetary policy. Expectations of lower Central Bank key interest rate by one percent, which may have supported the strengthening of the ruble has already been priced in by the market, – the expert warns. – In this connection this week, the Russian currency will become more dependent on sentiment on global financial and commodity markets. And in the amplification correction on the stock exchanges of Europe and USA, the pair dollar/ruble may test the mark 70,60-71.

In addition to the correction in global stock markets, additional pressure on the ruble have retreated from their maximum values the oil price. This happened because of fears of players on the global energy demand and renewed risks of a second wave of the disease Covid-19. In the end, oil prices fell by almost 9 percent.

However, repetition of the March collapse of oil prices is unlikely. Work measures to stabilize the market took OPEC+. However, amid speculation against the second wave of the coronavirus and expectations of slower global economic recovery, we cannot exclude that the price of the futures contract of Brent crude could fall to around $ 35 per barrel.

Meanwhile, investors started selling overheated risky assets fearing for the future prospects of the American economy, not having heard from the head of the Federal reserve specifics in relation to another stimulus.

So, last week during the press conference, Powell suggested that in the short term coronavirus pandemic will exert strong pressure on economic growth, inflation and employment. And in the medium term, it carries considerable risks for the U.S. economy.

However, in the long term, the fed still intends to use all of your tools for as long as is necessary to support the economic recovery.

And the curve of Treasury bonds has gone up after the regulator has expressed its commitment to adhere to the current pace of purchases of Treasury and mortgage bonds. This essentially means that the fed has advocated for a reduction in the cost of borrowing, which because of rising Treasury yields increase the price of anti-crisis measures of the government.

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