fed

A little primer on how stuff works: More (long): https://wolfstreet.com/2023/11/19/our-wall-street-crybabies-want-the-fed-to-stop-qt-and-they-wag-the-overnight-rrps-thatll-blow-up-the-banks-or-whatever/

Saw this website this morning. Kudos to whoever set it up. https://wtfhappenedin1971.com/ also

Since the inception of the Federal Reserve System, our fractional reserve banking system has steadily degraded reserve ratio requirements until they finally just did away with them altogether and ushered in our brave new era of zero reserve banking. Banks are not tasked with maintaining any...

https://www.chicagofed.org/research/data/nfci/current-data ^ You can find the raw data and more detailed information on how the indexes are calculated on that page. You can find charts of the NFCI and ANFCI indices here: https://fred.stlouisfed.org/series/NFCI...

https://finance.yahoo.com/news/custodia-crypto-bank-wyoming-denied-223741850.html Membership denied; master account application still pending (shades of the Narrow Bank saga).

https://www.marketwatch.com/story/the-recession-debate-is-not-a-parlor-game-a-downturn-would-hit-low-income-people-the-hardest-says-moodys-zandi-11671482912

If time constraints listen to 1st Segment and the segnebt # 8:40 approx.:

We're just exploiting the system to the max... https://gata.org/node/22244 Hmmm.... Credit Suisse using the Fed for fast and easy profits? Couldn't be because they are desperate for capital to prevent their own failure becoming a systemic risk to the global financial system, could it?

A good friend works in Sr. Mgmt. at Veraphone (the company that provides many of the machines you swipe/input your card to buy stuff)...he confirmed to me that they are very, very concerned about this because it may potentially put them out of business...along with others such as Paypal, Venmo...

Ron Paul Money Lecture Series (three videos) "What is Money?" with Joseph T. Salerno -- Ron Paul Money Lecture Series, Pt 1/3 (53:58) Published on Oct 20, 2011 by CongressmanRonPaul Rep. Ron Paul sponsored this Congressional lecture on "What is Money?", part one of a three part series on the...

https://news.bloomberglaw.com/banking-law/blackrocks-role-as-fed-adviser-confers-more-clout-than-fees https://www.bloomberg.com/news/articles/2020-05-21/how-larry-fink-s-blackrock-is-helping-the-fed-with-bond-buying?srnd=premium :mrt:

I used to have a link to a .PDF produced by the Philadelphia Fed that talked about the characteristics of money, but I lost it some time ago. It's fine to try and educate people about ancient wisdom that people understood for millennia, but if it comes from goldbug sites, Joe Sixpack doesn't...

I found this to be a fascinating read (it's a bit long): https://www.bloomberg.com/view/articles/2018-09-06/fed-rejects-bank-for-being-too-safe

More (long and highly recommended reading): http://econintersect.com/b2evolution/blog1.php/2013/10/11/ny-fed-fired-examiner-who-wouldn-t-change-goldman-findings

I've had a long discussion with a Keynesian about the issue of money lately. He maintained that the 2% annual inflation goal of the FED (and many other central banks) would ensure "price stability". I told him that he doesn't understand simple math and that 2% annual inflation annihilated the...

:popcorn: :noevil: :paperbag:

The info is presented in an more aesthetic format at the link: http://etfdailynews.com/2012/02/09/federal-reserve-ten-things-that-every-american-should-know-about-the-fed-uup-c-bac-jpm-gs-ms-wfc/

More: http://www.reuters.com/article/2012/01/22/us-usa-fed-target-idUSTRE80L0NU20120122

Rickards explains how the Fed works and the nature of the dilema they face: More: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/23_Jim_Rickards_-_Who_Will_Bail_Out_the_Fed_%26_How_High_for_Gold.html I won't spoil the ending by giving away his end game conclusions. It's...