/biz/ - Business & Finance

[Anonymous No.7905209]

What's so bad about federal reserve?

No conspiracy shit unless you have actual proof

[Anonymous No.7905258]

>>7905209
Literally the tether tier manipulation (if tether was fraud) but even worse

[Anonymous No.7905263]

>>7905209
nothing
they just need to pump my stocks more often

[Anonymous No.7905297]

Ron Paul says dey meanie face.

[Anonymous No.7905305]

Read The Creature From Jekyll Island, OP. The Fed has been shady since its inception.

[Anonymous No.7905327]

>>7905209
They are extremely powerful with little oversight. Unelected beurocrats. What they do is useful but we need more transparency

[Anonymous No.7905328]

>>7905209
>private company
>unknown shareholders
>founded by j.p.morgan and colleagues
>never read 'The Creature from Jekyll Island'
Do I need to go on anon?

[Anonymous No.7905354]

>>7905305
This. Was replying when this anon posted.

[Anonymous No.7905393]

>>7905209
Nothing. That opinion is usually held by people who dont understand monetary policy. For a litmus test, ask those people how qe works and listen to their answer. It should become quickly apparent who actually knows their shit

[Anonymous No.7905409]

>>7905393
Shill or a cuck. Fucking faggot.

[Anonymous No.7905413]

>>7905393
Hello J.P.

[Anonymous No.7905415]

>>7905305
>>7905328
fuck off libercucks

[Anonymous No.7905421]

>>7905328
>>7905354
Lmao go back to pol idiot you don't know that the shareholders are the fed regional banks the federal reserve bank of NY, Dallas, Cleveland, etc. put some more tinfoil on your hat. The creature from Jekyll Island tells just that, ofcourse the most power financiers and bankers are going to draft the most powerful country in the world's central banks, would you rather have anyone else? No one and their uncle knew shit about banking except those dudes, what do you expect?

[Anonymous No.7905426]

>>7905305
>>7905354
Looks good but 600 pages. Is it a chore to read? Did you actually finish it?

[Anonymous No.7905429]

>>7905209

I am studying Economics in college. Nothing is wrong with them, they actually help keep the economy stable.

[Anonymous No.7905428]

I watched a youtube video on it once and they told me it was bad.

[Anonymous No.7905436]

>>7905209
Muh libertarianism, that's what.

[Anonymous No.7905449]

>>7905409
>>7905413
Explain what you think QE is, please.

[Anonymous No.7905464]

>>7905421
>low IQ nigger spotted
You need to go back

[Anonymous No.7905469]

>>7905429
>(((college)))

[Anonymous No.7905487]

>>7905209
nothing

[Anonymous No.7905507]

>>7905209

>What's so bad about federal reserve?

That they can do whatever they want and you are the mercy of their decisions. Plus you don't know who the actual financiers and investors of Federal Reserve are.

Also, it's not even Federal, it's a fucking company name

[Anonymous No.7905517]

>>7905449
Printing money. That extra money does not go to you. But it does devalue your money tokens.

[Anonymous No.7905563]

>>7905464
>no actual rebuttal or anything of substance
>calls me the low iq nigger

You're bias to pollack bullshit, sorry to break it to you but the boogey man you blame you inadequacies and failures on doesn't exist the way you imagine. You'll grow up at some point

[Anonymous No.7905633]

>>7905507
>>7905209


Give me 1 good reason why not knowing the names of the people who finance the Federal Reserve (or any finance related company) is a good thing

>protip
you cant

[Anonymous No.7905653]

>>7905209
As this anon said>>7905258, this is basically it.

The Fed prints dollars whenever it wants or needs to and then uses this money to "pump" up the stock market. The whole recovery from 2008 was the Fed printing tons of money and giving it to banks to save them from bankruptcy. Everything has been fake, the original money that was lost in 2008 did not come back. Just new money was minted to take its place.

[Anonymous No.7905654]

>>7905563
Rebuttal? To what? Give me the fed shareholders. With some proof. You idiot. Water is free, but whiskey costs money.

[Anonymous No.7905670]

>>7905633
>muh Rothschilds

I've never seen one person post actual proof of who owns the fed

[Anonymous No.7905674]

>>7905209
probably nothing except they bail out bankers and allow them to take people houses

[Anonymous No.7905687]

Its a private organization run by jews that has devalued the us dollar by 97% in the last 100 years
The us government is literraly not in control of its own currency

[Anonymous No.7905688]

>>7905633
>muh democracy

[Anonymous No.7905691]

>>7905517
This guys a textbook inbred. Money hasn't been money since 1971 dip shit, it's currency. It's been currency and you can't have economic growth with a deflationary currency. To have a healthy economy you literally need inflation. You need an inflationary currency, if you want gains don't hold your stupid devaluing currency you need to invest in assets. Holy fuck no wonder you blame the boogey man you're retarded. Look at japan's lost decades that's what happens when an economy has a deflationary currency. Serious dude, kys

[Anonymous No.7905711]

>>7905670

>I've never seen one person post actual proof of who owns the fed

there is a reason for that u fucking idiot, NO ONE KNOWS WHO THEY ARE

It can be rothschilds or anybody else, what matters, you still don't know who makes huge economic decisions behind the curtains

[Anonymous No.7905730]

>>7905691
1972 you twat. I was alive then. Were you?

[Anonymous No.7905841]

>>7905426

Read it years ago so I've of course forgotten many of the finer details. But it's a book that made me physically angry to read.

The gist: A group of powerful individuals comprising 25% of global wealth secretly traveled to Jekyll Island under secrecy and darkness and hammered out a framework for what we know today as the Fed. It was a secret project from start to finish.

[Anonymous No.7905847]

>>7905730
Nixon shock was 1971. Whatever 1972 is, idk what you're talking about either way that's irrelevant. So then you know currency is not meant to hold its long term value, it's just a tool. Purchase power is meant to erode, just Because boomers think they need to hoard money in some risk free shit return savings account that doesnt even pace inflation ( negative real returns) its almost their own faults their savings get eroded. Toss your money in equities, I'm sure you own plenty spx and djia funds in your 401k don't complain. And no I wasn't alive. If the mentality is still to hoard cash in your mattress and lose out to inflation in the process and complain about said inflation and blame the fed, that just retardation

[Anonymous No.7905857]

>>7905691
fuck me you're a dumb cunt, stop breathing immediately

[Anonymous No.7905906]

>>7905857
You're a dumb cunt, neck yourself
>I have nothing to add so I resort to insults
This is an anon mongolian basket weaving forum anyways, what did I expect

[Anonymous No.7905941]

>>7905653
>whenever it wants
no its not you retard, only times they done it was after a big crisis

[Anonymous No.7905975]

>>7905711
>there is a reason for that u fucking idiot, NO ONE KNOWS WHO THEY ARE
>It can be rothschilds or anybody else, what matters, you still don't know who makes huge economic decisions behind the curtains

[Anonymous No.7905980]

>>7905429
You're wrong I watched one YouTube video saying that it's bad so I know what I'm saying

[Anonymous No.7906033]

>>7905209
/thread

[Anonymous No.7906051]

>>7905328
>>7905469
>>7905507
>>7905517
>>7905653
>>7905687
>>7905857
>>7905980
>>7906033
>t. absolutely zero understanding of economics

[Anonymous No.7906091]

>>7905393
This. But crypto is useful in providing competition for traditional banking. As crypto rises, banks will have to serve people better or risk being replaced.

[Anonymous No.7906128]

>>7906033
ahhh the good ol days in the 1910 when everyone was 30 times richer

[Anonymous No.7906132]

>>7906051
Yah, losing over 95% of value since inception is a good thing. Did you learn that in (((economics))) you fucking cuck?

[Anonymous No.7906133]

>>7905847
You have bought into the whole inflation meme, my young friend. Inflation is not natural. Deflation, however, is. Let me expand on that. To plant seeds in your young brain. A farmer produces produce. But until the next crop his produce wastes away all the time. Storage costs. Insects attack. Bacteria and moulds destroy. There is no inflation there. Just deflation. Until the next crop. Any monetary value his crop has is temporal. It wastes away. Gold does not waste away. So if he converts into gold then he is secure. But even with gold there is no inflation. Any new gold needs labour to dig out of the ground. And in any normal functioning economy the price of gold will be slightly higher than the cost of the land plus the cost of digging it out.

[Anonymous No.7906152]

>>7906051
>>7906128
Literal shills. Getting scared?

[Anonymous No.7906157]

>>7906132
this. my great grandpa was so lucky living in the 1910. everyone was cruzing around with their lambos, not like now when everyone is poor living in streets

[Anonymous No.7906186]

Inflation is nothing more than a tax on holding cash. If you put your money into investments that have a higher ROI than inflation, it becomes irrelevant. So high inflation stimulates the economy.

[Anonymous No.7906201]

>>7906186
wait a minute.. are you telling me that putting my money under the mattress is not a valid investment? fuck off, investing in stuff is hard

[Anonymous No.7906209]

>>7906157
The point is, that the dollar used to be backed by silver. Fiat currency causes inflation. Don't know how to simplify this more for your brainlet ass.

[Anonymous No.7906249]

>>7906209
ahhh , remember the good ol days when we were using pure gold back in the middle ages? that was our golden age when everyone was filthy rich. not like now with people starving in streets

[Anonymous No.7906274]

>>7906186
The fact that people here don’t understand this is depressing. Businesses need investment, no one wants to invest if their money just increases in value regardless. Inflation incentives investment, investment yields new companies, new companies provide new jobs, new jobs lead to more consumers, more consumers lead to larger markets, larger markets lead to more investment opportunities. It’s a positive feedback loop that powers the global economy.

[Anonymous No.7906310]

Open your eyes
https://youtu.be/5fbvquHSPJU

[Anonymous No.7906339]

damn.. I wished I lived back in the 30s when we had the gold standard and everyone was rich.. not like now with those fake fiat money that can't even buy that new Iphone I wanted.. fucking inflation man

[Anonymous No.7906338]

jews /thread

[Anonymous No.7906368]

>>7906132
Consider yourself lucky you get this (you) because this doesn't even deserve a response
>>7906133
What you're describing is a commodity, and it's been almost 50 years since a commodity backed currency, why are you trying to regress? Yeah there's no inflation with gold hence since 1913 the dollars purchasing power fell 98%, and in 1913 gold was like 20 somethin bucks an Oz, now its over 1300. All commodities, oil, grain, are significantly more expensive relative to the dollars purchasing power.. I don't get what youre trying to say, are we on the same page? Money is just a tool, a median of exchange, you shouldn't just hoard it and lose out to inflation, you should buy shit like gold that has a fixed supply to protect your wealth relative to the dollars inflation >>7906186
Having commodity backed currency is no longer viable in our modern economy with global trade and literally billions of market participants. Look at most assets they go up relative to inflation to an extent, wages are last to catch up that's where your argument can come in. Wages are one of the things that lag inflation the most, relative to purchasing power wages has been the biggest laggard

[Eternally Bearish No.7906452]

>>7905209
You obviously don't understand:
>Fractional reserve lending
>Monetary system

[Anonymous No.7906484]

>>7906274
I'm glad there's a few of us here with some education and not just conspiracy filled delusions

[Anonymous No.7906527]

>>7905941
>i'll print moni to bail out idiots and the people that willfully abuse the system
the dollar is a joke until financial institutions are held accountable for their actions. the FED would be half decent otherwise.

[Anonymous No.7906530]

>>7906368
You just don't get it anon. You have been brainwashed. My one day's labour is equal to your one day's labour. Where is inflation there? Why does a medium of exchange need inflation?

[Anonymous No.7906532]

>>7905421
> Lolz at not knowing nearly every fed chair was a jew...just a (((coincidence))) right?

[Anonymous No.7906566]

>>7906527
the rest of the economy needs financial institutions to survive. whether you like it or not, if they had let them go bankrupt the rest of the economy would follow soon after

[Anonymous No.7906601]

>>7906566
The bailouts didnt have to go directly to the banks.

Why not bailout the American people who had no money to pay their mortgages as opposed to directly to the banks, who then kicked those people out of their homes and foreclosed on them, and then resold those foreclosed homes?

[Anonymous No.7906651]

>>7905209
Lets start with the very fact that there is nothing federal about it. It is a private bank that runs a sovereign countries money supply with no oversight or authority to answer to. That is too much power considering the founding fathers built a checks and balances system into place to keep these entities from forming within government or to have that kind of entity hold power over the government.

[Anonymous No.7906672]

>>7905426
Nice fucking try defeatist shill

DONT FALL FOR THESE JEW TRICKS BOYS WE ARE GONNA END THE FED

[Anonymous No.7906682]

>>7906530
lol, I've been brainwashed? Lmao

>Why does a medium of exchange need inflation?
Several reasons, one fundamental one being usa has an increasing population. If you have the same fixed supply of currency and more people are born, they need money too, but since its fixed, as new participants enter the market, the value of the medium of exchange will increase and prices will fall. Then spending will not be encouraged and economic spending with drop, because why buy something for 5 units today when I can wait for a few more people to be born and buy that same thing for 4 units tomorrow, it encourages hoarding. Hoarding and not spending is a burden on economic stimulus and the economy will slow greatly. There's plenty more reason but thats just a fundamental one. If prices are dripping why spend? This is the solution you propose kek

[Anonymous No.7906694]

>>7905209
kek

[Anonymous No.7906724]

>>7905975
They could be aliens for all we know, but more than likely the owners of the Fed are the original creators + any other mega rich family + any other politicians with enough money & clout to get in.

[Anonymous No.7906743]

>>7906566
>needs financial institutions to survive
on what grounds? sure they help expedite growth and employment of otherwise unemployed capital, but why did they get away more or less scott-free for obviously terrible decision making? the fed and financial institutions are good for society, but a lack of responsibility and culpability make them terrible for society.

[Anonymous No.7906762]

>>7905691
What is equilibrium

[Anonymous No.7906766]

>>7906651
RON PAUL REVOLUTION

[Anonymous No.7906825]

>>7905209
they take away from us, print for themselves
spend our taxes on niggers, stupid shit like public fountains, liberal art, dick removal surgeries, etc

if you think all the taxes are justified you're fucked in the head.
It's made like this on purpose to keep average joe wageslaving, you have to be retarded to not believe we could all work just 4h a day with current technology or retire at 40yo

[Anonymous No.7906837]

>>7906682
You still do not understand. The medium of exchange is irrelevant. It just needs to be something you and I agree on. Surely it's easier to agree on something fixed and immutable? No? Does it not make sense to choose the most stable commodity as the medium of exchange? Inflation is a scam when you look at it that way. Surprised you don't see it. You seem pretty intelligent.

[Anonymous No.7906840]

>>7906682
You say this as if the boom-bust cycle and pointless consumerism inherent to a debt-based economy are necessary for society to function. You status quo retards never seem to think about the negative social consequences of our monetary system.

[Anonymous No.7906914]

Nothing is particularly wrong with the central bank.

[Anonymous No.7906936]

>>7906766
Damn right. Now off with the banks head.

[Anonymous No.7906938]

>>7905209
It's basically TETHER.

Print money as needed and lend it to US at interest.

[Anonymous No.7906942]

>>7906837
No it's not lol you still don't understand. If it's fixed and immutable, any new demand for it from new people born into the economy or any new participant will cause its price to go up. When the medium of exchange is fixed like you say the price will keep rising as demand for it increases, and hence no one will want to spend it on a daily basis because it will have more purchasing power the next day. What do you u not get? It's like the people who used bitcoin to buy drugs in the deep web years ago, they're kicking themselves in the ass right nor because the 5 bitcoin they had which bought 3 tabs of acid are now worth 50k. No one would spend their money if they knew its purchasing power would increase, and for an economy to thrive it needs spending and consumption. Are people seriously this much in denial? Imagine a fixed supply like bitcoin was your countries currency and you knew only 21m units exist in all totality, why the fuck would anyone spend it? Markets are governed by rational decision makers and currencies need inflation to generate spending, it's the opposite effect of what you propose, one that stimulates instead of deflates. Are you seriously denying this?

[Anonymous No.7907007]

>>7906938

Manipulating interest rates through bonds has always been a tool for monetary policy, but more recently it has been sharing space with stuff like interest on reserves.

[Anonymous No.7907028]

Money is a scam, keeping you just on the edge of not going to the streets.

[Anonymous No.7907038]

>>7906942
"an economy to thrive it needs spending and consumption", says the .1% who hoard half of all of the world's money in huge trusts instead of spending it to stimulate the economy

[Anonymous No.7907095]

>>7907038
its funny how in the real world you can't tell the difference between a leftytard and a /pol/tard

[Anonymous No.7907115]

>>7907038
Most of the rich are described as wealthy because they own stocks, bonds financial instruments, etc. which are essentially assets, not currency. No riches 0.1% holds a big proportion of their wealth in money. You have no clue what you're talking about

[Anonymous No.7907125]

Oh where does one begin?
>almost exclusively all Jewish heads for the history of it(inb4 HURR JEWS)
>caused Great Depression
>caused Great Recession
>pushes the economy to the shitter whenever it looks like its going to boom
>flattens gains and losses in the economy by its policies(you're only fine with this if you're a boomer)
If you need to ask me how the federal reserve caused both the great depression and recession, you need to lurk moar off of /biz/ and more on /his/ or just read a couple fucking books. Good book on the topic is The History of Central Banking and the Enslavement of Mankind.

[Anonymous No.7907129]

The federal reserve is the host of all of the central banking power in the world. They took control over the money supply of America and it was the perfect revenge for 1776. Rothschilds. Follow their bloodline from the 16th century til now. They live through corporate entities and lobby for everything. They created this corrupt system of inflation of debt with devaluation of the dollar through loans and interests. We'll give you the money you want, but you're gonna have to pay us back how much we gave you and a little bit more for the convenience. People that couldn't pay it back started a trend to this day. Taking money out, you can't pay it back because it cost more than what you paid for it to begin with. Add all the inflation of products and wages. The social aspect of status and the innovation and advancement of technology. It's a fucking mess. A system once simple now distorted and not for the people. Not by the people. But in spite of the people.

[Anonymous No.7907151]

>>7907038
Anon, that money is capital. When it sits in trusts it's invested in some asset, who takes that capital and puts it to work. Say Rothschild has 2 billion in a trust. It's allocated among a bunch of equities, diversified as a kike would. The money the corporations they give it to uses it to buy new equipment, new factories, pay new employees, who then take that money home and buy new products from the stores, deposits the rest in savings, which fractionally gets loaned out to someone else to start a business and buy tools, or for a mortgage etc. That money in trusts is indirectly being put to work much more and multiplies the stimulating effect much more than just buying whatever product once at a store. I'm kind of surprised at the lack of economic insight on this board

[Anonymous No.7907155]

>>7907038

>anytime an economy contracts people are losing jobs, businesses are closing
>anon the neuron mage says "hurr durr, promoting growth is a scam by the jews"

[Anonymous No.7907161]

>>7907151
werd

[Anonymous No.7907180]

>>7907125

>The History of Central Banking and the Enslavement of Mankind

[Anonymous No.7907200]

>>7905209
There's the name they branded it as "Federal" Reserve instead of calling it a central bank to mislead the public. It's only federal in the sense that the federal gov appoints the board members.

The central bank lends money to the government with interest therefore all economic output of the underlying economy owes money to the central bank. That money that is lent with interest is created out of nothing but requires real economic output to pay back.

Money is created via debt issuance which must be payed back with interest where does the money come from to pay the interest? Assume an economy has 0 fiat units and .gov sells a bond worth 100 fiat units which will be payed back in a year to the lender with 101 fiat units. The central bank creates 100 fiat units and buys the bond where will the 1 fiat unit to pay back the interest come from as total fiat supply in the economy is 100 fiat units? The answer is someone will have take out another loan to create more money which in turn requires another loan to pay back the interest on the new loan and so on. If lending stops the system will collapse.

The real evil of fiat isn't inflation it's that it goes from inflation, forcing you take on debt, to deflation when the creation of new debt can't keep up with current liability payments. The system starts to collapse on itself going into extreme deflation until lending picks up again and current liabilities can be sustained. This is a system that naturally creates boom and bust cycles leading to wealth transfer from those who have access to lots of capital from those who do not. 2008 was such an extreme deflationary event it required QE to inject fiat into the system so it wouldn't completely collapse. Now who got that QE money? Did your average Joe get bailed out?

[Anonymous No.7907229]

>>7905711
>>7905670

it's literally the banks you fucking retards. that's public available information on their website. every member bank of each of the 12 district reserve banks gets a vote to elect 6 of 9 board members for that district, who then decide on interest rates and currency distribution based on member bank input. 3 of the 9 board members for each district are appointed by the Board of governors. The board of governors is appointed by congress and the president.

Protip - elected board members are obviously banker themselves. appointees on the boards either used to, or will work for the member banks after a political career.

The fed controls the currency supply, debt leverage, and inflation by issuing bonds and securities, which it issues to the member banks, who then either invest themselves, or distribute the securities to the market, using money leveraged from the accounts that you, Joe Blow, have with that bank. maybe you actually bought into the bonds market, or you're just a victim of fractional-reserve. in either case, the banks aren't playing with their own money.

TL;DR - Banks own the federal reserve - politically by appointees/electees to the board, economically by ownership of the securities which the fed issues, and they do it all with your money.

There's plenty of reasons to be pissed at how the Fed works, and you don't need "muh Rothschilds" to feel that anger. if you've seriously fallen for all of those memes, then you're just contributing to the problem by ignoring the actual issues with our system.

protip - exact same is true with the "muh china owns American debt" meme.

[Anonymous No.7907244]

>>7906942
>>7907115
>>7907095
>>7907151
im glad theres atleast a few people here who know what theyre talking about

[Anonymous No.7907250]

Hey guys, brainlet here.

So the Fed loans money to the gov at interest, and the gov pays that interest back (I think it's 6%). Where does the entirety of that interest payment go?

I mean it's well over 100 billion every year.

[Anonymous No.7907259]

>>7907151

If it is in the secondary market it isn't necessarily going to anything except providing liquidity for other people looking to buy equities. Just passing around titles to an asset covering old investments. But trusts have nothing to do with central banks anyways, that was all a random tangent.

[Anonymous No.7907300]

>>7907250

The Treasury, and I think maybe some outlays for operations.

[Anonymous No.7907313]

>>7907229
t. ignorant sheeple

surely the bogs dont own literally every aspect of human existence, friend, surely.

[Anonymous No.7907337]

>>7907300
this. any revenue generated by the fed goes to treasury, minus overhead. basically profits go to the treasury, but's it's not the same sort of profit as you would calculate for a corp.

[Anonymous No.7907346]

>>7907300
So if the money goes back into the treasury, why would the Fed charge interests above their operating costs to the gov in the first place? If that's true that sounds like a needless extra step.

[Anonymous No.7907431]

Reminder keynesians are fucking retards that don't belong on this board.

[Anonymous No.7907457]

>>7906942
>and for an economy to thrive it needs spending and consumption.
said rich kike forcing poorfags to waste their pathetic salaries on stupid shit in fear of inflation
seriously kill yourself you fucking degenerate

>hurr we need to keep the economy going durr
I say fuck the economy. Deflationary or at least neutral currency would fix this fucked up economy we live in right now. People would think twice before buying a fifth iphone this year, or other stupid shit. Instead we would have more employees in important fields like construction, healthcare - stuff that is always gonna be needed

>hurr no one is gonna spend it (deflationary currency)
guess what motherfucker, they will, you cannot take your money to the grave, you have to eat, live somewhere, heat yourself etc.

[Anonymous No.7907482]

>>7905209
It's probably an overcomplicated, unnecessary system that's made so people invest more. I'd believe in it if there was some hard-hitting evidence that it actually does what it was made to do, but I haven't seen any. However, I'm still up for changing my mind on the subject.

[Anonymous No.7907505]

>>7907346

The Fed just holds Treasuries and other financial assets (mostly related to 2008 at the moment). It traditionally buys and sells treasuries to manipulate interest rates, as well as some other kinds of operations like facilitating auctions for new treasuries by buying bonds from certain banks to give them reserves to buy new treasuries.

Some groups do suggest that the central bank/treasury could skip all of this and just print money and put it in the treasury's account, and manipulate interest rates using a mix of interest on reserves for a floor and overdraft rates for a ceiling, but there are arguments for an against that. There is also a group that thinks the treasury should just mint a trillion dollar coin and deposit it at the fed, because the treasury still has the power to mint coins.

[Anonymous No.7907551]

>>7906566
>the host needs its leeches to survive

holy shit dude you might want to get your brain checked out, US was fine before centralized banking

[Anonymous No.7907560]

>>7907457
>said rich kike forcing poorfags to waste their pathetic salaries on stupid shit in fear of inflation

Lmfaoo I'm beginning to enjoy the state of this board. God were over run by pol/acks. Youre the idiot who thinks spending can only be on stupid shit in fear of inflation, why not buy some stocks? Maybe some gold? Imagine you tithe your salary for years into tech blue chips like apple, Microsoft, Amazon. You beat inflation by thousands of %. Literally could have bought 1 share of Netflix and done 50,000% but "muh inflation"

[Anonymous No.7907655]

>>7907505
I don't know man, it really seems like charging interest on someone that you claim they get all back is just a scam to make money of the interest they charged.

Are you really telling me that the Fed loans money to the gov at interest, and then when they get paid, they just give it all back to the gov minus operating costs?

What do the chairmen at the Fed get paid? It's gotta be ridiculous.

[Anonymous No.7907675]

Don't listen to these drooling keynesian retards.

The economy performed better and people had much less debt when the fed had much less power and couldn't print as much

50s/60s had a much better economy

btw im not in total favor of the gold standard either,
A crypto standard or a fiat standard where the constitution bans new money printing or something would work too.

[Anonymous No.7907716]

>>7907560
yea because, the entry barrier to investing besides crypto for average joe is so easy right,
>hurr accredited investors only
>durr double taxing the shit out of your investments to scare you away
I won't even comment on the gold meme
stop pretending like the kikes in power want to "boost the economy", they just want to make sure the average citizen is wealthy enough to not riot on the street but poor enough to keep wageslacing till death

[Anonymous No.7907733]

>>7907675
>crypto standard
topkek. do you tards even know what fiat means? fiat is any currency that has no asset or commodity as its underlying value, that means crypto are fiat too, they are just decentralized fiat

[Anonymous No.7907812]

>>7907716
This is b8 right? It has to be b8. You can open discount brokerage accounts for as little as 500 buck deposit with 5 bucks a trade commission. Hell there's even Robin hood now with no commissions. Sure golds a meme idc about it necessary but you can't print it and it will atleast outpace or hold wealth par with inflation. If you live in America why the fuck would you not own shit that you use? Ie. Say you love starbucks and only shop at target, load up on target and Starbucks stock, dollar cost average a bit into it each paycheck. Just hypothetical, you should diversify for than 2 positions, but own where you consume

[Anonymous No.7907890]

>>7907733
Your reading comprehension is shit.

[Anonymous No.7907908]

>>7907655

The Fed doesn't loan money to the government directly. The Treasury issues bonds "to the public", but the "public" is mostly what are called "primary dealers", which are specific banks that are compelled to participate in auctions for treasuries and place bids. These banks buy treasuries and then can turn around and sell them to the public. The treasury pays interest to holders of treasury bonds, t-bills, notes etc. A lot of US debt is owned by foreign countries for trade/foreign exchange reasons. The fed owns US debt as a means to control interest rates, but primarily at this moment they own a lot because they were propping up balance sheets after 2008 by printing money and buying financial assets from the banks.

There isn't any particular reason beyond that purpose for the federal reserve to own treasuries, they buy them from the private sector.

[Anonymous No.7907910]

>>7907812
i dont think you realize how poor the average american is. Theyve been lied to and taught all of their lives that consumerism is the way to go. Most americans live paycheck to paycheck; they dont have money to invest and even if they did theyre too stupid to. You can postulate all you want about what they SHOULD be doing but the bottom line is that they arent and wont be, and so that solution goes out the window

[Anonymous No.7907953]

>>7905263
kek

[Anonymous No.7907974]

>>7907812
you're talking on /biz/ here
but you think average joe that works his ass off 10-12h a day has the time to do all that shit? do the research to know what he's investing in?
yea I know what you're gonna say, Find a good broker, hedge fund, another fucking middleman to rip you off

Average citizen shouldn't be getting ripped off by inflation, I don't give a fuck if you or I can escape it because we are aware of all this shit, it's a fucking robbery of millions of people at the end of the day (each day)

[Anonymous No.7907990]

>>7907812
>PEOPLE JUST NEED TO BE SMART AND IT'D WORK OUT GREAT
But they're not and it doesn't. You're asking too much from people for a system that's unnecessary to begin with. Why the fuck do you expect a 90 IQ janitor to go through all that shit?

[Anonymous No.7908056]

>>7907910
>>7907974

Jesus Christ may God help you then. Atleast invest in Smith and wesson holding corp or ruger they love guns, also these spike after mass shootings. Or just buy ETFs, you realise your brokers mutual funds or whatever are just Vanguard or black rock ETFs with a higher fee? People can buy total market ETFs for no commission and less than 0.5% MER, that can easily pace inflation. Kinda sucks man. Inflation is called the invisible tax for a reason, I guess it makes sense there's zero financial education in schools and they don't bother on researching how money and finance works they just take it for granted.

[Anonymous No.7908077]

>>7905209
>2018
>not a conspiracy theorist yet
how is this even possible? you have a computer

[Anonymous No.7908118]

>>7908056
my guy ur still not getting it.
Think of how dumb the average american is.
And then realize that statistically, half of them are dumber than that.


They will not be doing this. They dont even know what an ETF is, the stock market is scary and inflation is an imaginary word. They just know what the jewish media tells them to do and that is unfortunately ending up as slaves to debt forever.

You have enough time to sit on /biz/ and research all this bullshit but the average person does not

[Anonymous No.7908128]

>>7908077
Just between me and you I believe the conspiracy and Rothschild shit

[Anonymous No.7908162]

>>7905209

They can arbitrarily change the rules of the game every time they want without being held accountable.

Also financial services have to be automated eventually.

[Anonymous No.7908230]

>>7908118
Seriously? Are they really that bad, to be serious, inflation is a straight forward concept. I feel bad for Americans they live in a country where financial freedom is most attainable but they're hindered just by not knowing

[Anonymous No.7908231]

>>7907655
>>7907908

Oh, and as far as the salary it's basically what most upper government officials make. Something like 150k+. Really nice salary, but not really a top executive salary. The people at the fed are mostly technocrats. You can read the minutes of the FOMC and see that they have their disagreements about what is going on or how to run monetary policy. They're not sweet angels or anything, and they certainly take part in the revolving door (Bernanke worked at a public policy thinktank after exiting the fed, but on wikipedia it says he is now an advisor at a hedge fund, so he probably gets paid big bucks). Before all of that he was an academic.

[Anonymous No.7908267]

>>7905209
the very definition of conniving jewry

[Anonymous No.7908294]

>>7908230
Are they really that bad? yes.


"Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account"

These are the people you want investing to stocks and ETFs? With what money?

https://www.marketwatch.com/story/most-americans-have-less-than-1000-in-savings-2015-10-06

[Anonymous No.7908329]

>>7905209
It’s debt based

[Anonymous No.7908409]

>>7908294
That's pretty fuckin grim, here in Canada we're also up to the neck in household debt even harder and less savings, but it reflects in our average salaries. Literally our highest paid CEOs entire annual compensation is made by wallstreet hedge fund managers in less than 1 week. Our best fund managers here make around 15m canabucks a year which is peanuts on wallstreet. Literally a week's pay, the income disparity is clearly higher in America but we're fucking taxed to shit, I wish I was American I would make significantly more money and pay less taxes

[Anonymous No.7908466]

>>7908294
>"Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account"

That's because 'merican niggers aren't incentivized to save. It's much easier to YOLO & then depend on the government.

[Anonymous No.7908509]

>>7908409
>That's pretty fuckin grim, here in Canada we're also up to the neck in household debt

Well, at least on a national level you guys are doing much, much better than your retarded cousins down south.

[Anonymous No.7908514]

>>7906274
>>7906484

The fact that people here don’t understand this is depressing. Businesses are looking for profit, no one wants to sell its production if their products just increases in value regardless. Inflation incentives hoarding the goods that will be worth more tomorrow, hoarding means less investment, less investment means less hobs, less jobs means less consumers, less consumers lead to smaller markets, smaller markets lead to less investment opportunities. It’s a negative feedback loop that holds back the global economy.

[Anonymous No.7908520]

>>7908466
>he thinks 62% of America is niggers

[Anonymous No.7908534]

>>7908509
>Well, at least on a national level you guys are doing much, much better than your retarded cousins down south.

Shit will hit the fan somewhere around 2030

[Anonymous No.7908541]

>>7908466
the bubble is about to burst

[Anonymous No.7908576]

>>7905209
Giant
Evil
Jews

[Anonymous No.7908588]

>>7908514
this
inflationfags btfo

[Anonymous No.7908592]

>>7908514
hoarding has a cost, such as storage cost, depreciation.

[Anonymous No.7908831]

The fact that no (((economist))) or (((banker))) will never be able to refute is that with blockchain tech we don't need central banks to create liquidity to keep the economy inflationary, the very people creating the new goods and services can create and add their own liquidity to the economy.

Every time a new cryptocurrency or token is created liquidity is being added by the people that created the blockchain or dApp, Don't listen to the idiots that say that we can only have an inflationary economy with central banks because it's not true.

[Anonymous No.7908932]

>>7908534
>>7908466
>It's much easier to YOLO & then depend on the government.


heh, i made a thread related to that here >>7906525

[Anonymous No.7909096]

Pretty much everyone in this thread is a brainlet:

The federal reserve was created and maintained because the federal government needed a way to get funding for the massive social and military projects of the 20th century.

Basically, taxation is a political nightmare. In order to police the world and provide public "services" the government needed money but it couldn't feasibly get it through taxation. So it used the fed as a way to insidiously tax economy in a way that would have less direct political awareness and opposition. Basically, it played to people's biases of being short-sighted and selfish.

Jews, lizard people, rothschilds, illuminati is all distraction. The American people wanted social services that they didn't want to pay for. They wanted America hegemony globally. So they got it, but at the price of a massive dispersed tax on future generations. Debt.

Nothing to do with "stabilizing the economy" Complete horseshit and the opposite of the truth. Artificially cheap money creates bubbles. But debates about monetary policy misses the real reason.

[Anonymous No.7910034]

>>7909096
>Taxmaster
Fucking blast from the past, man.

[Anonymous No.7910068]

>>7906249
>wealth distribution hasn't been getting worse
>wealth gaps never lead to bad things
>never
kys

>>7906339
>the great depression wasn't caused by the Fed
kys

[Anonymous No.7910231]

>>7907431
>>7907675
>If they aren't an ancap/libertarian they're Keynesian

[OmegaMaker No.7910333]

>>7909096
>The American people wanted social services that they didn't want to pay for. They wanted America hegemony globally
Not true. Jews wanted this stuff. Americans were traditionally isolationist and self-reliant.

[Anonymous No.7910422]

>>7906274

>It’s a positive feedback loop that powers the global economy.

It's an agenda that is being written out for you whether you like it or not. Keep enjoying the ride goy

[Anonymous No.7910443]

>>7905209
The Fed isn't bad, just kind of dangerous, especially these days

>Asset values are based on future cash flows: dividends from stocks, and interest payments from bonds

>Because you have to wait for those cash flows, often many years, you have to discount them to figure out: what are they worth TODAY?

>In order to do this, investors ask themselves: USA will never go broke, so if instead of investing, I just lend the cash to 'Murrican government, what interest will they pay FOR SURE TODAY?


>This factors into asset prices on today's markets: stocks and bonds, derivatives if you're into that...

Ok, if you understand that, now let's recap: Fed Interest Rates are at an all time low!

>Fed thinking of raising rates

>Pretty soon, lending money to USA could be much more profitable

>That means, anyone lending money to USA at TODAY's rates could be a giant cuck

>Stocks investors could also get cucked, because if you're discounting future cash flows from your company's dividends at TODAY's interest rate/opportunity cost, and then that interest rate/opportunity cost goes up, then those assets that you're HODL'ing are gonna lose value for sure

>Inflation has been up, so Fed has said, all of the above is probably gonna happen, so brace yourselves everybody

The (((economy))) might tank, but if you keep a market neutral portfolio, by finding a few utterly worthless companies and short-selling their stock, you'll be fine I think. You might even make money off of everyone else's suffering.

[Anonymous No.7910692]

>>7905209

its not federal

its not a reserve

why do they call it the federal reserve?

[Anonymous No.7910724]

>>7905209
Literally nothing.
People who dislike the fed are actual brainlets.

[Anonymous No.7911201]

>>7910231
Almost all central bank ideology is influenced by Keynes

[Anonymous No.7911227]

>>7910724
Please kill yourself corporate cocksucker that wants to be poor

[Anonymous No.7911280]

[Anonymous No.7911304]

>>7907200
>>7907200
This. You guys know the U.S National Debt is mostly owed to the Federal Reserve, for literally no reason other than the profit of the bankers involved... right? Fiat currency and the destruction of the Glass-Steagall Act (which protected us from bankers investing all OUR $$ for THEIR profit and power), was the worst thing that ever happened to our economy... and still continues to beat us into the dirt today. If we want to run off Fiat, we should simply print more $$ in a catastrophy... not borrow $$ from ALan Greenspan and the Goy Extermination Squad until they build enough $$ to take trillions more $$, kick us out of our homes, and then sell our homes back to us (like in 2008). https://lorddreadnought.livejournal.com/4889.html
#EndTheFed

[Anonymous No.7911309]

>>7908514
The industrial revolution happened under deflation

You people are wrong
Fucking scam artists

[Anonymous No.7911315]

[Anonymous No.7911353]

>>7905209
>private corporation creating dollars with interest
Constitutional money is created by Congress without interest. The Federal Reserve needs to die.

[Anonymous No.7911358]

[Anonymous No.7911361]

[Anonymous No.7911371]

>>7907229
this guy is right and the Fed Res owns most of our "national debt", even after these bankers bailed themselves out with OUR $$ and kicked many of us out of our homes, before selling them back.

[Anonymous No.7911390]

[Anonymous No.7911395]

>>7905258
Fpbp

It is worse than tether because at least tether is still circumstantially guilty

QE was literally just printing billions a quarter blatantly

[Anonymous No.7911432]

[Anonymous No.7911438]

>>7906157
Your grandpa used to feed himself and an entire family back then, and have an adult life. Nowadays you are fucked and stuck within your parents basement until you are too old for anything to matter anyway.

Keep coping with your "it's good that your savings can afford you less stuff long term to (((stimulate))) the economy. We'll compare your bank account to my BTC stack in 2030. Get ready for suicide.

[Anonymous No.7911462]

[Anonymous No.7911488]

[Anonymous No.7911489]

>>7911432

kek

[Anonymous No.7911509]

>>7911309

t. literal brainlet that can understand sarcasm

[Anonymous No.7911511]

>>7911438
Bong stop holding back say what you mean to say

[Anonymous No.7911515]

[Anonymous No.7911533]

>>7905209
>No audit of Fed
>No audit of Tether

Its a fucking scam.

[Anonymous No.7911535]

>>7911395
GOD DAMMIT YOU PEOPLE ARE RETARDS
QE WAS THE FED BUYING BONDS TO LOWER RATES
JESUS CHRIST

[Anonymous No.7911542]

>>7906601
Because most people wouldn't use it to pay their mortgages or make things more stable. They would buy stupid shit and then ask the gov for more gibs.

[Anonymous No.7911555]

[Anonymous No.7911591]

[Anonymous No.7911613]

>>7911511
I said exactly what I said.

Anyone that isn't holding Bitcoin doesn't understand what happened in 2009 with it's release and will therefore continue becoming poorer, naturally, as a matter of course.

[Anonymous No.7911621]

[Anonymous No.7911691]

>>7905209
Created by banks, for banks, funds wars, silent taxation, fraudulent redistribution of property without the transparency of tax payments, business cycles, promotes consumption over investment, potential usage for intentional economic destruction in order to depose undesired rule (though I don't recall this ever happening in the history of the Fed)

[Anonymous No.7911711]

this guy gets it
>>7911613
it often feels like the rest of /biz/ is NEETs with lottery ticket shitcoin dreams that will NEVER come true

[Anonymous No.7911750]

>>7911535
...and mortgage backed securities and other financial assets...?

[Anonymous No.7911925]

>>7905209

Real answer:

The federal reserve controls three major things:

1) The FFR (federal funds rate, the interest rate banks charge other banks).

2) The discount rate (the rate at which the banks gets loans from the federal reserve).

3) OMO - (Open market operations, the control of the buying and selling of bonds)

>Hurr durr the federal reserve just gives trillions to blah blah blah Alex jones tripe blah blah

Shut the fuck up, you have no idea how unbelievably ignorant you sound. I'm as tired of those fuckheads as you are, OP.

Now, what are some legitimate reasons?

Well the chief problem is monetarism. Basically there are two forms that the government can shape economic policy. One is by controlling the monetary supply, the other is controlling fiscal policy, aka government spending.

Monetarism essentially posits that it can be the sole driver in economic policy. That the federal government can truly spend as recklessly as they want and the monetary policy can make up for it. This is the unofficial economic policy of the United States but very obviously the dominant theory.

Thus monetary policy instead of maintaining stability, it used as a weapon to try and hack growth. As interest rates go down, more money exits things like traditional investments and government bonds. Money just moves where it can make more money.
Reckless monetary policy and reckless fiscal policy are leading us to the bubble economy. Wealth is not generated, it simply creates one bubble after another.

Keynesians, who have a stranglehold on fiscal and monetary policy, are 100% against ANY austerity measure. They feel the gravy train should keep on rolling baby. Thus loose money at low interest starts flooding into ventures like Internet stocks (which crashed), Housing (which crashed), and now Stocks (which will crash soon).

Keynesianism is great though. It gives governments around the world to spend like there's no tomorrow.

>t. Economics major

(Continued....)

[Anonymous No.7912252]

>>7907974
>>7907990
Because
>social Darwinism

[Anonymous No.7912301]

>>7911711
The good news is all these summerfags holding alts are going to get destroyed.

[Anonymous No.7912336]

>>7911750
What.... what do you think debt, treasuries, and mortgage bonds are?

[Anonymous No.7912465]

>>7905415
Oy

[Anonymous No.7912557]

>>7911925
Also, the debt-money central bank system is mathematically equivalent to a Ponzi Scheme. Interest on old loans can only be paid by borrowers (in aggregate) taking out new loans.

[Anonymous No.7912617]

>>7912301
I have only invested in precious metals for fear of future electricity shutdowns and Btc network corruptions. Smart, or nah?>>7911925

[Anonymous No.7912739]

>>7911925
bump

[Anonymous No.7913122]

>>7907229
Retarded
The fed has anonymous stockholders.

[Anonymous No.7913272]

>>7907733
You cant print more bitcoins than 21 mill
>fiat
Kek

[DarkTrip !nNThBA7CKU No.7913569]

>CTRL+F
>Anglo American Empire
>0 Results Found

Welp.
Seems /biz/ is retarded. Let mansplain it.

The Fed is controlled by the DoD.
That's the Department of Defence.
>but muh jew
Outsourcing

Fed is a tool of aggreesion. Warfare.
On the people because if weathy they are a risk to themselves.
And on the debt holders like China who will never be repaid.

It's part of a policy of full spectrum dominance.

>muh trump
Just a convenient saviour who will not save you. Like black jesus 2008.

If you are reading this and you are part of the AA empire it is a good thing for you long term. Short term it will destroy your wealth but your children will inherit the earth.

[Anonymous No.7913617]

>>7905393
Thts weird because I’m not a total retard and know how the fed works and why its a cancer and my litmus test for people who don’t know shit about it is to ask them what QE means. Either you’re retarded or subtle red pilling others.

[Anonymous No.7913661]

>>7905449
It’s like dipping into your son’s college fund to pay off your mortgage. It’s artificial growth with no profit. Just using money you already have to prop up markets.

[Anonymous No.7913741]

>>7907244
Except he doesn't

[Anonymous No.7913767]

>>7910443
Thanks fellow /biz/raeli. But I don't want to take the risk on shorting any stock, no matter how worthless. (limited gain for unlimited losses) I know that there is an inverse S&P, but is there another financial tool that didn't give me an infinite loss and the max is just when the derivative goes to zero, but can be used for any company?

I ask this for a friend.

[Anonymous No.7913854]

>>7907180
>being well read is tinfoil tier
>penalizing people for going out of their way to know what it is they are talking about before they talk about it
>stop looking into the Fed goy if you know what’s good for you

[Anonymous No.7914039]

>>7913122
But I can't invest in it now can I?
Ergo, not truly anonymous.

[Anonymous No.7914730]

>>7912617
Not smart. BTC network is not corruptible. BTC will die the humanity dies, similarly to how humanity will die when the internet/electricity dies.

If BTC dies, get guns, food and a bunker, not fucking gold.

[Anonymous No.7914763]

>>7912617
Not smart. BTC network is not corruptible. BTC will die the day humanity dies, similarly to how humanity will die when the internet/electricity dies.

If BTC dies, get guns, food and a bunker, not fucking gold.

[Anonymous No.7914900]

The fact that even asking vaguely doubting questions about the Fed gets you branded an antisemite should tell you all you need to know

[DarkTrip !nNThBA7CKU No.7914943]

>>7914763
realtalk

[Anonymous No.7914948]

Its magic

[Anonymous No.7914988]

>>7905305
This. Reading this book is a necessity.

[Anonymous No.7915140]

>>7913569
>your children will inherit the earth
Only if they hold BTC.

[Anonymous No.7915569]

>>7911555

The dividends are small as far as I know. There are something like 3,000+ member banks in the Federal Reserve system, and the amount paid last year was about $750m. That is an average of $250,000 a bank.

The dividends are "supposed" to be a compensation for the banks being required to buy capital stock equal to 6% of paid-up capital stock and surplus. Since this stock isn't exchangeable, it is illiquid, so the dividend is supposed to pay the banks for their cost. But, even further, the dividend is only paid on half of the Fed stock held by the member bank, because the other half is callable. In response to criticisms about the whole dividend business, there have been at least local branch presidents who have suggested that the entire amount of stock could be callable, and therefore the dividend could simply be negated. Congress has also considered lowering the dividend drastically to as little as 1%, taking the rest as more revenue paid to the treasury at the end of the year.

Which is all to say this isn't a shadowy conspiracy to rip everybody off of hundreds of billions of dollars. This is basically small change to the member banks, and they don't really care one way or the other if a couple hundred thousand dollars in dividends gets cut from their balance sheets when it is just a requirement of law that they put some of their capital into Fed stock.

[Anonymous No.7915961]

>>7905654
List of all the national banks chartered by the federal government which are required to be members of the federal reserve:

https://www.occ.treas.gov/topics/licensing/national-banks-fed-savings-assoc-lists/national-by-name-pdf.pdf

And here is a list of state member banks from the eight and second district:
>https://www.stlouisfed.org/~/media/Files/PDFs/Banking/District-Highlights/8DStateMemberBankRpt.pdf?la=en
>https://www.newyorkfed.org/banks.html

You can keep searching and maybe even send requests to the banks if you want, but this isn't terribly interesting information. You're just going to see large and mid-sized regional/national banks. I don't know if they'll give you precise share information, but you can actually figure it out for yourself if you have the list since these are public banks. Just figure out their paid-in capital stock, multiply it by 3% to find out how much dividend earning stock they hold in the Fed, and multiply that by 6%. Even then, I think there are some stipulations about how the actual dividend is calculated given certain qualities of the bank. Like if it is extra large then the dividend is equal to 6% or the current interest rate on 10 year treasuries if it those are less than 6%. Something like that.

[Anonymous No.7916013]

>What's so bad about federal reserve?
Theres nothing federal about it

[Anonymous No.7916127]

>>7911925
only smart post in this thread

[Anonymous No.7916138]

[Anonymous No.7916223]

>>7915569
>>7915961

Damn, I wasted even more time doing this because I'm so autistic I got triggered by this thread, but the FDIC provides information on every member bank in the Federal Reserve system, which is probably why a lot of the branch websites don't update this information on their websites. Just go to the FDIC website, search "member banks", and one of the first links will let you download a thicc spreadsheet that has information on every bank the FDIC regulates. That spreadsheet also has the member status of every bank, which is going to be every member of the Federal Reserve system.

[Anonymous No.7916472]

>>7914039
>Not using locic

[Anonymous No.7917637]

>>7916472
locic?
Shows me nothing on search engines.

[Anonymous No.7918268]

>>7905209
They don't work for “we the people“ and they don't do gods work too.
Any other question?

[Anonymous No.7918283]

>>7911613
>HURR DURR BUY MY BAGS

[Anonymous No.7918295]

>>7905209
Brock go home. It's over.
Over.
Just go.

[Anonymous No.7918309]

>>7905209
What's so bad about Holocaust?

No conspiracy shit unless you have actual proof

[Anonymous No.7918346]

>>7905209
look up the 'grace commission'
when you have we will talk