Rons correct- Federal Reserve gone crazy

[Proemio]

What does the Fed do?

"Give me control over a nations money, and I care not who makes its laws."
- Baron M.A. Rothschild​

Founder of one of the mostly alien shareholder banks of the Federal Reseve Bank, the BIZ (Bank of International Settlements), and virtually every Central Bank in TheFreeWorld®.

Those shareholders always have only in the best interest of their clients in mind - whoever they may be. There is NO conflict of interest, no matter the appearance. Anyone saying so is a threat to 'national security'.

Ron Paul wants to get rid of it (theFed) if elected. Fortunately he can't win... or so they hope.

 

[The Good Doctor]

Yeah and unemployment goes up too! But doesn't count those workers that have dropped off unemployment still looking for work! Terrible!

21 billion today to hand out to Wall St. The banks are giving them collateral(dubious). They are simply stealing the buying power of your dollar to pump up food and energy prices etc. so Wall St. banks can try and save themselves. Dollar value down prices up. Its a stealth tax to make all of us pay for Wall St/hedge fund implosions. They are painting the DOW today massively, in an attempt to celebrate inflation, like the profits mean anything if the dollars are virtually worthless. Simple translation, John Q Public is being raped to prop up private markets and keep the rich oh well rich.

 

[The Good Doctor]

So, since the first day when they pumped more in, how much has been pumped in? From the Fed and Internationally? Because I read somewhere that there was a big pump of cash for the banks in Europe too.

 

[The Good Doctor]

I found this:

http://www.shortnews.com/start.cfm?id=64589

So, 137 Billion as of 8/30 + the 21 billion mentioned here. Wow!

 

[The Good Doctor]

I found this concerning international. But it is from the first few days.

http://blogs.wsj.com/economics/2007/08/10/central-banks-react-to-liquidity-crisiss/

 

[cjhowe]

It's not just the average Joe who is clueless about the Federeal Reserve. I've talked toa few people who you would think would have an in-depth knowledge of the federal reserve and their purpose and how they operate. I'm talking about some CFO's, MBA's, etc.

I asked them what they thought about the Federal Reserve.

The answer was they basically don't think about it. All they know is that the Fed sets interest rates and "who would do it otherwise?".

I told them the market should and true cost of capital should. They had a look on their face like... LOL WUT? Or maybe it was more just confused.

Anyways, the point I'm trying to make is that even people at the very top of business don't know shit about how it works and just take it for granted that the Fed has their best interests at heart, something that may or may not be true.

If a person holding an MBA gave you those answers, their school needs to have their credentials revoked.

 

[cjhowe]

They are flooding more and more cash to insolvent banks, look at todays flood of cash, 3 announcements. Obviously they are in panic mode.

http://www.ny.frb.org/markets/omo/dmm/temp.cfm


Ridiculous, bail out Wall St. moguls thru forcing you to pay for it thru inflation. 100's and 100's of billions over the last few weeks, now the banks can roll it over? They can never pay it back.

These are all overnight/over weekend loans. Nothing to see here. Find a new hat.

 

[propanes]

Article: Is the U.S. Printing Money Like Mad?

Not so fast says one author.

http://www.minyanville.com/articles...Republic-M+Prime-printing+money/index/a/14099

 

[Corydoras]

Not so fast says one author.

http://www.minyanville.com/articles...Republic-M+Prime-printing+money/index/a/14099

He writes: "But M2 and M3 represent credit transactions which are vastly different from monetary printing."

Um, I'm no economist, but isn't that exactly where the problem is coming from, credit transactions?