Can someone explain what the fuck this thing is?
I can't wrap my head around it yet it seems to cause Americans a lot of distress
>control muh money supply so congress doesn't just print money whenever they want
>control muh interest rates to control economy lul
>>75912496
They print money when they want to but when we do it it's illegal. Also the notes aren't even backed by anything
>>75912924
And yours are? Nice gold reserves. Kek
>>75912924
>they print money when they want
Couldn't they literally bankrupt America through hyper inflation?
>>75912496
start my internship there next week. I'll try to figure it out. Can't bite the hand that feeds me though.
>>75912496
they are a private bank
they are owned by the same family that runs your private bank
>>75913042
>he thinks there is still gold left inside fort knox
>>75913085
No because OPEC agreed to deal only in US currency which means everyone needs US dollars. Although the fed printed trillions of dollars, the burden of inflation is spread throughout the world since everyone needs USD to purchase oil.
>>75913085
Exactly, they also fuck up natural economic signals by changing the interest rates
>>75913085
Keeping inflation under control is part of their mandate.
The whole point of that separation is to protect the value of the USD internationally.
IIUC, when the US government wants more money "printed", it needs to increase international demand for it. And it does.
To put it simply, they're bad.
>>75913085
It's impossible, because US dollar is a world's reserve currency. USA rules the world. And I'm not saying that's something bad.
The control and regulation of your currency is one of the main jobs of a government along with establishing a legal system and national defense.
The US Federal Reserve is the currency creating central bank that issues orders to the US Treasury. They are a private bank with their controlling board made up of private bankers and a few government appointments.
When a private bank sees an opportunity to raise it's profits they can have the FR create or halt the creation of currency for their profit. Not the best interest of the nation or the people.
>>75913302
https://www.google.com/search?q=How+much+gold+is+in+fort+knox+2016&ie=utf-8&oe=utf-8
Are we starting to play retarded already?
Summer comes earlier and earlier each year.
So are these accurate?
https://www.youtube.com/watch?v=B4wU9ZnAKAw
https://www.youtube.com/watch?v=5hfEBupAeo4
but if OP really doesn't know how it works, basically jews.
https://www.youtube.com/watch?v=iFDe5kUUyT0
>>75913874
>government says its there so it must be there
>>75912496
you have one too, you know. the bank of england. you should probably understand it.
Its our central bank. They administer monetary policy to adjust the economy (aka shrink or expand the supply of money circulating through the economy)
Our central bank is kept separate from politics via a system of shareholders and complex power structure - this was done to ensure our politicians don't fuck with our money for their own game. Other central banks in other countries don't have this type separation.
They have been criticized by many classical economics as having been responsible for every economic crisis since its inception in 1913. This is true - in order to have a en economic "boom" you must have an increasing supply of money. Hence, the fed begins to print large sums of cash and lower interest rates which gets the economy heating up. Think of the economy as a living person, once they have too much bacteria, they typically sneeze in order to let it out. When you have free money and low interest rates, people take on shitty investments doomed for failure because "fuck it, why not?". When there is too much shit in the market, the economy sneezes and causes a correction or "bust". Hence, through a very loose monetary policy, the fed has contributed to every crisis including the Great Depression.
There. As unbiased as I can be, this is what our fed is in a nutshell and its relevance. Source - everything I learned in first 2 years of business school
>Privately owned
Americucks cucked by Jocheim Coinblatt again
https://www.youtube.com/watch?v=UrJGlXEs8nI
>>75914022
>Every blogger and their tin foil bros who re-post every conspiracy ever must be telling the truth
>>75912496
>jew bankers manipulating the money so they get rich and no one else does
>>75914402
steel beams desu senpai
where the fuck do you think we are
>>75912496
>be long time ago
>banks everywhere
>each bank prints money
>caos ensues
>banks unite to create a bank to stabilize inflation and shit.
>jews did it
>>75914434
>doesn't explain what is actually being measured here
>looking at the dollar index produces a completely different graph
>>75913085
That is what they are doing. They've printed $27 trillion and given it to themselves since Obama became president.
>>75914717
>believes the corrupt CPI or other governmental data
>actually enjoys the dollar manipulation
kike
>>75914717
>where did all the money go goy
>how come they printed it all this money but everyone is poor
this is what you enjoy?
>>75914273
humble anon gratitude for that metaphor
i dont espeaka da language
>I print US dollars on my printer
>I get arrested by the Secret Service and sent to jail
>Federal Reserve prints trillions of US dollars on their press
>they get protected by the Secret Service and enjoy completely unfettered control to do with as they please over the entire supply of US Dollars
>>75914717
>they printed trillions and the median income barely moves
this is so great
everyone is rich!
oh wait . . .
>>75914645
>privately owned
Just a building where the richest Jews in America play Scrooge McDuck with our money.
AUDIT THE FED
>dot com bubble
>fug, lower interest rates
>mortgage bubble
>fug lets lower it even more
>fug lets print trillions of dollars
>whatever godforsaken bubble happens next
>???
>>75913933
The Money Masters is Great, flawless history in that one and well worth your time.
Though if you're astute and aware, you'll never be the same after watching it; literal paradigm shift.
>>75912496
>Neo/pol/ is completely ignorant of this film/website
http://www.themoneymasters.com
>>75915313
ecsaklly
>>75912496
It's America's central bank. It's like the Bank Of England only - because this is America - it's a private company.
>>75913085
>couldn't they literally bankrupt America through hyper inflation?
No
>>75914895
>he doesn't want greater purchasing power
Fucking retard.
>>75915025
>literally thinking that QE money circulates through the monetary system and that the govt hasn't profited from it
>>75915279
Compared to the rest of the world, yes.
>>75912496
A criminal banking cartel bleeding a percentage of the United States GDP every day for the past 100 years under the guise of being a """"""""""central bank""""""""""
>>75916811
Why kill the golden goose?
Though they could, if they wanted to.
>>75917040
THE WHOLE IDEA IS TO HAVE IT CIRCULATE TO HELP EVERYONE NOT JUST SUPER RICH SPECULATORS
JESUS FUCKING CHRIST
HOW FUCKING DENSE ARE YOU
SHOW ME WHERE THE PURCHASING POWER IS YOU FUCKING FAGGOT
KILL YOURSELF
EVERYTHING HAS GONE TO SHIT
EVERYTHING
The Fed is a private bank, owned by regional private banks, and while it is not publically disclosed are owned by a collection of very large banks and private interests.
This entity controls interest rates via setting overnight rates that banks will pay when they don't have enough reserves in their vaults. Essentially for every dollar we have deposited in the banks, the banks lend out 10x that and must keep a minimum amount of deposits in their "vaults". If they don't meet the minimum reserve requirement, they must borrow the money from the Fed at a rate the Fed determines. This is called fractional reserve banking and allows the economy to grow because these banks lend out a shit ton more money than people have actually deposited. If everyone suddenly wanted their money, they would he royally fucked.
Additionally the Fed is in charge of issuing debt notes, also known as US Dollars. Essentially when our government wants to issue money, the Fed buys the treasuries and in return gives the government worthless pieces of paper called Federal Reserve Debt Notes and everybody blindly has faith that these represent real wealth.
They basically control the entire money supply, not the US Government and the US Government is so far in debt it is fully reliant on the Fed artificially keeping rates low through a variety of bullshit mechanisms because the whole system would collapse from the interest we would owe in a normalized interest rate environment. We are forever indebted and enslaved to this monstrosity until we collectively tell them to fuck off and rework the basis for how our country functions.
>>75912496
It is a publicly chartered, privately owned banking institution that sets intrabank lending interest rates, conducts open market operations (using the primary dealers as straw purchasers for US Treasuries, for which it prints the money,) and the lender of last resort. They are also partially responsible for regulating the banking industry, even they are owned by the banking industry, and they also do shit like massive reverse repos with all of the USTs that they've purchased right before the end of the quarter so that banks can make their balance sheets look nice and pretty.
Its a central bank. They print money and buy/sell bonds. Its like a bank that commercial banks use
>>75917292
Do you even know what QE was about?
The dollar index is roughly around 100, which when QE started, was about 75. This means that we can buy more imports from other countries...
>>75917522
Yeah, only cause other people QE'd harder than we QE'd. Doesn't mean the concept of more debt can get us out of debt isn't still retarded.
They give Free money to wall street and create free money in general by buying US bonds (T-Bills) from the Treasury
It exists to ensure the financial system doesn't collapse.
The problem is that it bailout Wall Street thus allowing them to rape the economy over and over again without consequence.
>>75913393
>>75913681
>>75916811
Hyperinflation is a loss of faith in the currency, so yes, it could destroy the dollar. It's what happens when people decide that they had better purchase goods today because they're not sure if the value of their currency will still be high enough to purchase them next week. Our status as the WRC is being eroded. It's happening slowly right now, but at some point, it is going to speed up rapidly.
>>75912496
>FED... it seems to cause Americans a lot of distress
The Federal Reserve is a public institution, it is an arm of the US Government, just like the Bank of England.
The Fed has a high degree of autonomy due to the US's "seperation of powers" principle. All the Fed's directors are appointed by the Government's executive.
Confusion about the status of the Fed arises because of the language used describe its operation: the terms "shares" are used by holders of voting rights, etc. The "shares" in the Fed are not like real shares, they cannot be traded in any way, their value doesn't change.
The Fed is split into nine regional branches in which private banks can join (be issued with shares) in order to vote on policy matters - and one main Fed where executive decisions are made by directors appointed by Government.
The Fed is not private in any way, shape, or form.
99% of Americans do not know this. Americans are retards.
>>75912496
Its American's central bank, works similarly to the English one.
Basically a private institution that controls the USD.
>>75918068
It is not a mere arm of the government. The government has ZERO stake in the Fed and does not own a single cent in anything the Fed owns, despite it appointing the members.
https://youtube.com/watch?v=iFDe5kUUyT0
https://youtube.com/watch?v=tGk5ioEXlIM
Tldw: Jews
>>75913042
He meant we as in average citizens, Not canada as a nation. It was a statement against central banking, not Americans.
>>75917312
If you owe the bank $100, it's your fault. If you owe the bank $100 million, it's the bank's fault. Do they really think we are going to pay them back? They have the money. We have the guns. Besides, everyone knows that if our money becomes useless, people will refer back to the dandy bartering system and work our way up again. That's why the elites are trying to keep us dependent, so we don't just collect our own essentials. We killed the bank once, we can do it again.
>>75918068
Well, its private in the sense that they set their own policy and they are not accountable to the govt. Allowing the president to pick directors is just an act of good faith ritual that has been practiced since its inception. They dont technically have to do that
Personally, Id prefer a national bank to the current system
>>75913296
Nice role playing.
>>75917976
Specifically referring to the US gov, "printing money" won't bankrupt them. It actually helps debtors
Savers on the other hand ..
>>75917946
Is the money just injected into institutions?
>>75918068
>the Fed's directors are appointed by the Government's executive
Now tell us how many are jews :)
>The Fed is split into nine regional branches in which private banks can join
>The Fed is not private in any way, shape, or form.
Once upon a time the Jews said to the goyim:
Forget your government: trust us to print your money and control your economy. We will only charge you a small fee for our services.
THE END
It's a bank run by banks that gives the banks imaginary money for banking. I'm literally not even joking or engaging in hyperbole.
>>75918454
That's why they come up with mechanisms like QE. QE slowly drains the real wealth of the people in return for a longer lifeline of debt. The Fed could be buying anything with that wealth to hedge your scenario, we don't know though cause they refuse to have their books audited.
>>75918584
They do it in all sorts of ways. Right now it's just basically signalling what they'll do so the institutions can front run the FED with leverage and make easy money.
>>75918472
>Well, its private in the sense that they set their own policy and they are not accountable to the govt.
The Fed is answerable to the Legislative (Congress) in the same manner as the Executive. This IS the "separation of powers" principle in action. The Fed's directors are appointed by the Government's executive branch.
>>75917687
>more debt
I don't think you understand what QE was all about.
Just collect the right memes for easy mode on the Path of Light /pol/
>>75918421
>government has ZERO stake in the Fed
Except interest rates directly effect how well the economy is doing/perceived to be doing, and should interest rates rise we US gov would struggle to keep debt under control
and Fed leadership reports directly to the president, it's a facade of separation
>>75913393
Haven't there already been deals recently for oil in other currencies? I think it was in yuan.
Shit's not being enforced.
With China's gold markets established and their huge reserves, combined with our crippling debt...what's keeping USD on top?
>>75917687
> Doesn't mean the concept of more debt can get us out of debt isn't still retarded.
Do you know what "investment" is?
Businesses take on debt to invest in order to grow. This allows them to pay off their debt.
Government uses fiscal multipliers to create growth by investing "borrowed" money.
Economics 101.
>borrow money
>then print lots of it and pay back your debtors with your devalued money
Why do other countries let the US get away with this?
>>75919076
What do you think we did to Hitler for switching to National Socialism and the Reichsmark currency?
Why do you think we shot JFK in the head?
Why do you think we shot Lincoln in the head?
Nothing is "going too far" to keep the globalized central banks in indirect power of every country in the world
>>75919121
I very much understand debt mechanisms and how debt can be used to grow a business. The issue is the US is not investing in anything much and most of it is put to poorly run national entitlement programs.
Can someone post that cartoon about it? It was really informal.
>>75912496
It's not owned by the federal government, it's a private institution owned by the money changers
>>75918799
Please explain how QE didn't provide the US government with a means to go further into debt than traditional economic policies would have allowed.
>>75919272
All countries do it, over a long period (using various mechanisms). It's normal.
The money supply is elastic, it can be expanded and contracted at will. Of Government wanted, it could make all the debt vanish, all $20 Trillion, tomorrow with the stroke of a pen...
How does this make you feel?
>>75919559
Because it's profited from it...
>>75919607
Wow, really makes you quantitative easing...
>>75919076
chinese established a new gold exchange market recently and a competitor to SWIFT
the U.S. based standard today for international money transfers.
They barred the system from being able to use USDs.
If trump is not elected then hilary will definily bend over, grab her ankles and allow chink dick to penetrate her flabby old rancid brown eye.
Goodbye dollars.
http://www.zerohedge.com/news/2016-01-14/china-flexes-muscles-shanghai-gold-exchange
>>75912496
They charge you interest for your own money, create market bubbles, prop up wall street and the petrodollar, and are not ever subject to audit.
>>75919393
> The issue is the US is not investing in anything much
It's apparent economics isn't your strong point.
>orly run national entitlement programs.
Hehe. You revealed your hand too soon...
>>75917053
>Only made a profit of $100 billion last year
>all of the profit went to the US government
Oh wow they really are destroying this country.
>>75919403
Never mind it is here. Watch it.
>>75918443
https://youtube.com/watch?v=tGk5ioEXlIM
AYO HOL UP HOL UP
Since the Fed owns most of the US debt, doesn't that mean theoretically one day they can just seize all those assets?
Anyone have the other pic with George Soros in it?
Also central globalist banking is why noone should elect Bernie Sanders
http://thehill.com/policy/finance/96587-ron-paul-says-bernie-sanders-qsold-outq-on-fed-amendment
http://www.breitbart.com/big-government/2016/01/26/exclusive-bernie-sanders-blasts-billionaires-but-has-unreported-ties-to-soros/
>>75919617
The US government did not profit off QE. We sold the Fed tons of US Treasuries that we now owe a PRIVATE bank interest + principal on and have yet to use any of that debt for new growth to lower the debt.
>>75919670
QE is the creation of more debt. The question is: why create yourself more "debt" when all "money" comes from thin air?
Welcome to macroeconomics.
I hope you feel very uncomfortable.
Guys your dollar will die. The last QEs have been massive, if something should happen to the petrodollar it is time for WW3. The economy is already showing bad signs.
>>75919877
Your ass is among those assets, get ready.
>>75919883
The Fed isn't private.
>>75920032
Do you guys use the Euro in Estonia?
>>75913085
This is a great watch and will explain everything you want to know:
https://www.youtube.com/watch?v=iFDe5kUUyT0
>>75919883
>he doesn't know what securities he can currently buy shares of that's related to the nationalized holdings of mortgages
It's like you just really don't get it. You don't even know who's hurting TODAY because of it.
>>75919978
>QE is debt
>"money" out of thin air
Again, it's like you just don't get it.
>>75920032
Economic and cultural warfare
WW3 or some kind of massive global crisis that allows the crackdown of the globalist New World Order to take control of the world.
It is coming in our lifetime or there will be the most destruction mankind has ever seen or will ever see forever in order to break free.
Get ready for shit to start
HAPPENING
>>75920105
That sounds crazy man, could they really just call in all their debt and repo the country?
>>75920123
By that logic neither are corporations.
The Fed is basically the banking industry going to government to legalize a grip on the economy by the banks (and for the banks) that wouldn't otherwise be legal.
>>75920153
Yes, seeing as the euro is in 12€ trillion in debt I am worried as well. If Estonia and Europe do not get out of the European Union, I am afraid Russia might be inclined/forced to attack us since NATO is planning to install the missile defense in Poland.
>>75920316
you better believe it man, it's a fucked up world senpai
but we're talking extreme situations here
>>75920275
Forgot the meme
http://theweek.com/speedreads/447405/feds-spend-1-million-collecting-suspicious-memes
This is the kind of "suspicious meme" that gets you taken out by the feds just for looking at it. You have been warned
>>75918068
>>75918797
>>75919121
>>75919607
>>75919787
>>75919978
>>75920123
>>75920269
You've yet to explain how QE isn't money printing.
>>75920269
>Again, it's like you just don't get it.
I guess you missed the quotation marks...
The Government has a choice when creating "money", it can create it directily in the form of "debt" (this is QE) or "debt" free (dimply printing the stuff). The result is the same.
The reason they don't just "print" is because they want to retain confidence in the currency and the economy. Our system is based on nothing but confidence.
>>75918604
>>75918421
I love how shit explanations confirm how right you guys are about the fed
>>75920534
So this is the case, and you're telling me it can keep perpetuating because the dollar is the world's reserve currency and oil is sold in US dollars.
But last I heard, both of those things have recently became less true. More countries are doing these things with their own currency now.
>>75920446
Just buy gold. The Euro was designed to usurp the US$'s role somewhat. The Euro is a gold friendly currency. The Euro isn't backed by EU debt in the same way that the $ is backed by our debt. The Euro has no backing at all so that it can eventually go into a full free floating value system.
>>75919670
Feels more like qualititative easing
>>75920412
Private banks can gain voting rights on policy matters at regional Feds by buying a subscription (which is refunded when they leave, and cannot be "sold" or traded).
The Fed is a State institution, it is not "private" in any way, shape, or form.
>>75920745
They took money from taxpayers to put on books for liquidity use, and in the process, was able to nationalize certain companies for pennies on the dollar. Those companies are supposed to be paying dividends out to shareholders, yet, the government has profited about 100b and won't let the company pay out dividends to the rightful investors.
Money was never created out of thin air.
>>75920754
The result is higher taxes on the civilians, wherever you go.
All those bailouts, too big to fail. Pilpul time?
>>75920825
So you too think it's about time shit hit the fan?
>>75921023
>higher taxes
Nope.
The "debt" is "paid" off without using a cent of taxpayers' money.
After WW2 the UK Government borrowed more and more money for 40 years until it had reduced its debt to GDP ratio from over 200% to around 30%/.
I bet you don't understand this...
>>75921001
I think you are confused with TARP, which really early QE may have funded, I forget the timing. However, the government did not buy anything with the vast majority of QE. QE's main purpose was to create a false sense of demand to keep rates low, so the government could simply stay afloat.
>>75921359
Nice shell game.
Who benefits the most, since you have all the answers?
>>75914273
Wait, so those guys can decide what to do with the economy? not regulation or equal power with them? is that even convenient?
>>75921119
I don't know man, people have been predicting this for a long time and nothing has happened. Why can't we just have QE until the end of time?
>>75921001
Also, you clearly don't get this if you're boasting about the government profiting $100 billion for selling $4 trillion in debt. Even at 1% interst that's 40 billion PER YEAR in interest.
>>75921378
I literally have these securities in my portfolio. I like to do my research before adding something to it.
>>75921680
>qe
>selling debt
Who bought the debt?
>>75912496
I have classified footage of the inside of the fed. Save this, it was never meant for civilian eyes.
>>75913934
What the fuck? How is there not a fucking actual revolution? Like. How are people so fucking stupid to allow this?
>>75921929
I thought that was all that was left in Fort Knox.
>>75921574
>Who benefits the most
From WW2 until 1980, working people benefited. After 1980, only the rich benefited.
In 1980 the US switched from the American School of Economics (this system had been in operation since the 1850s and turned the US into a superpower) to the Neoliberal system.
https://en.wikipedia.org/wiki/American_School_%28economics%29
Pic related.
>>75921948
The goyim will be slaughtered by the jew because the goyim are retarded sub human trash
>>75921680
>confusing the government bailout with QE
The bailouts totalled ~600B, and have already broken even
https://projects.propublica.org/bailout/list
The Fed buys treasuries from primary dealers.
You are talking about 2 completely different things
>>75912496
Jewish owned money maker they lend america our money and make us pay interest then cover it up as the government printing our own money (the way the consitution says) while the kikes roll in dough and trash our ecomomy
>>75921845
Government sold debt, Fed bought debt. The debt was sold by a public government to a private bank. The public goes further in debt, while a private bank with private shareholders gets all the interest on the debt. Not only that, but this particular private bank prints the very dollars that is exchanged for this arrangement.
If you or me wants to buy a bond, we have to use dollars in our account to buys a treasury, the Fed literally can poof the dollars (debt notes) into their account and transfer those for public wealth.
Why don't liberals protest the Fed?
>>75918584
Yes, numbers are electronically put into the banks from the federal reserve. The banks can then give out more loans for 10x that amount. Then the US government agrees to pay interest on those "electronic dollars". The federal income tax basically just covers the interest at this point. It is all really just an electronic game that will last until all the countries that invest in US government bonds get tired of playing the game where the US currency is the global currency.
>>75922449
>he debt was sold by a public government to a private bank
The Fed isn't "private".
>>75922477
There was that one time, but they got written off as hippies and burnouts.
>>75913681
>USA rules the world
But who really controls the world? Who controls The EU, NATO, and the US Gov?
Obviously Israel rules the world soon if we dont start another shoah
>>75922449
http://www.investopedia.com/terms/q/quantitative-easing.asp
Quantitative easing is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Quantitative easing increases the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity. Quantitative easing is considered when short-term interest rates are at or approaching zero, and does not involve the printing of new banknotes.
>>75922619
And the President was shot in the head for trying to listen to them and exposing the fed as a jew owned scam
>>75922359
Primary dealers that have a huge shareholder stake in the regional banks that own the Fed.
You make zero sense. Explain how the selling of these treasuries has been profitable if we continue to go further into debt by selling more trasuries and the "investment" in the public fails to generate enough revenue or growth to pay the principal + interest on these debt sales.
>>75922575
>Maybe if I just keep projecting my ignorance, others will forget everything they've always known to be true.
War is big business for Banks.
>>75922755
Where did the money for QE come from?
>>75918881
Damn, whoever made this image has absolutely no idea how central banks work.
>>75922755
>and does not involve the printing of new banknotes.
QE is delegating money creation to private banks, in effect (it is the creation of money via the opening of lines of credit).
>>75922575
Where can I purchase publically available shares in the Fed?
>>75923085
Same as where all "money" comes from.
Thin air.
How does this make you feel?
>>75923085
Thin air... electrons in the interwebs.
>>75923085
Fannie and Freddie...
>>75923085
>>75923256
also the taxpayers
>>75923156
There are no tradable "shares" in the Fed.
You can make a deposite with a regional Fed to gain voting rights on policy matters, but you cannot buy and sell stock in the Fed. It's not a private company.
The Fed is an independent arm of Government. Its independence is enshrined in the "separation of powers" principle.
>>75923229
>>75923165
Exactly! I was only posing a question somebody saying it wasn't money printing.
Money printing is actually to inaccurate as you pointed to out, It's actually just reconfiguring 1s and 0s in a database. Our entire fucking economy is fully dependent on the configuration of 1s and 0s on a made up balance sheet, I hope you people are fucking scared.
>>75923450
isnt there also a 'checks and balances' principle that doesn't allow isolated pockets of government to do whatever they please
>>75923256
>>75923281
Er... nope.
Money for QE comes from the stroke of a pen, or the tap of keys on a computer keyboard.
>>75923165
>How does this make you feel?
We already told you, faggot.
You proceeded to copy and paste Khazarian memes about "real" money, while being a condescending normie-twat.
>>75922908
I think you need to pick up a book on capital budgeting ..
>invested 620B
>cash in (undiscounted) ~700B
It is irrelevant what the government did with the rest of the money, we're talking specifically about their return on investment.
The Fed does not buy securities from the government. They do not partake in treasury auctions.
In the most basic sense - QE swaps a treasury for X amount of reserves. This treasury has already been issued by the government.
Thus, QE does not add debt. Please educate yourself.
>>75923700
I literally linked you the definition. The central bank bought securities from the govt and the market.
>>75923450
Oh, so what interface can the public use to make the deposits at the regional level?
>>75922477
Jews dont pay them for that
>>75914402
there hasnt been a non-government person in fort knox for decades
theres no real proof that anything is there
>>75923790
> what interface can the public use
Start a company involved in finance.
>>75914273
your business school sounds like a bluepill factory, mine wasn't like that
>>75923085
From generating money to sellers or US securities, the fed buys bonds and increases the money supply.
You could say they printed it, but less than 10% of US currency has ever been actually minted physically.
>>75923751
QE was a four trillion dollar program, educate yourself.
>>75923928
This, foreign governments asked for their property back and got lawyerspeak, they insisted and weighed it, and said that it was less than was submitted.
>>75924075
Yeah, printed is an old school way of thinking/easy to understand concept, they actually >>75924075
made it up in cyberspace.
>>75912496
The white man's master. They worship it and suck it's cock and wouldn't dare defy it in any way shape or form.
>>75924498
>>75914402
It's 2016
>>75924018
Oh, so I need to use Federal Reserve Debt notes to make a company to deposit those Federal Reserve Debt notes to the regional banks who have the power to print the Federal Reserve Debt notes I deposit with them for a public stake. Very public.
I hope some people here are getting a decent education at how fraudulent this system is, because it's not discussed enough here.
>>75923781
>The central bank bought securities from the govt
Dude...
The Treasury and the Fed are part of the same institution. They are both arms of Government.
It's the same as the UK: Treasury issues bonds and the Bank of England "prints" money to buy those bonds.
The "money" comes from thin air.
>>75921929
You can tour the federal reserve banks, I've been in the gold vault of the NY fed.
>>75924632
>Very public.
Er... not sure what your point is?
>>75924632
the Fed is babby's first redpill, also plants the seed of the Jewpill.
Probably why it isnt discussed much
>>75924723
>"Thin Air"
>The invisible hand
>>75924879
Dont't forget the "animal spirits"...
>>75924098
You are still failing to understand that QE and the bailout are two different things.
The government has made a profit on their investment (the bailout). In simple terms
>700B in > 620B out
The rest of the debt the government sold has gone towards whatever else the government spends it on (social programs, military etc.)
Complain all you want about government spending, but the bailout has broken even. You are complaining about the other 6T dollars of debt the Obama administration has accumulated, and I don't blame you.
With that said, again, QE does not create debt
>>75924928
You'll conjure up any old horseshit it takes to put the jacks back in their boxes.
>>75924879
>being against central jew banking is the same as being an lolbertarian shaman
>>75924969
>Free money from nowhere
>is free
>>75925043
All "money" comes from thin air. The money supply is elastic, "money" can be created and destroyed at will.
There is no God handing out devine dollars... it's all the work of Govenment.
>>75924969
I think we are on the same page. The govt did make money off the bank bailouts, but that was almost 100% out of the scope of QE.
QE had been nothing but more debt for the American public.
>>75924969
>The government has made a profit on their investment (the bailout). In simple terms
Yeah they gave banks huge amounts of money so they could buy up credit starved businesses loot them for anything of value and sell them off.
The 80B the government "profited" was just slash and burning the economy.
>>75912924
What's gold backed by?
>>75925434
Jews
>>75925434
It's shiny and doesn't afraid of anything
>>75925253
>Money is elastic
So are criminal enterprises that merely change their name, and continue business as usual.
>>75914434
Finally somebody gets it.
>>75925434
atoms in the form of crystals
>>75925507
>44 seconds
dang /pol/!
>>75925515
Thanks for clearing that up.
>>75925273
Also, the money they made from the bailouts is a mere fraction of the debt we've sold the last eight years.
While QE isn't a government program, it has enabled to government to take on an obscene amount of debt.
>>75925666
It's the lies that complicate the truth, the truth is simple; if you're allowed to know it.
>>75925434
Gold is valuable in it's ability to do many things. All electronics use gold, the jewing of JEWlery making sure it is all gold and the scarcity of it.
>>75925548
>So are criminal enterprises
Government was created by the ruling elites to protect themselves, and the resources they'd appropriated, from each other and from the masses.
>>75925872
D+ See me after class.
>>75925799
What?
>>75925434
The good thing is it's not backed up, it's valueable always and everywhere. It's like rare pepe.
>>75912496
it's our version of the bank of England. First day learning about monetary policy in middle school?
>>75925872
Good thing they own the diamond and gold mines in Africa.
And the Fort Knox gold that was confiscated from the American public, under FDR and the "Brain Trust".
>>75912924
They don't print money retards, The Treasury department does. At Least read the fucking wiki on it before you come talking shit like you know something.
>>75926069
So are seashells, what's your point?
>>75926322
Who benefits, faggot?
Is war good for Banks?
Oh... you are just a plant, here to skew consensus.
>>75925674
We are - I'm just being a prick and arguing over semantics.
I totally agree that QE - by artificially keeping interest rates down - has allowed both the public and private sectors to take on more debt by lowering the cost of debt (financing).
What I'm trying to get across is that QE does not create debt. The government would have issued that debt regardless (providing the cost of financing the debt wasn't prohibitive). If you look at the BOJ or ECB - they've actually had to expand their QE programs to include non-government debt because they've grabbed up everything.
I'm with you though, I think QE is absolutely retarded, but the flip side is we very likely could have been in a deflationary environment.
>>75926249
I think that all of the gold and diamond mines in India is owned by one family but that might be another country.
>>75912496
Longest running scam in history.
Every dollar printed "by the government" has interest attached to it. So it's literally impossible to get out of debt. It's also the easist way in history to get filthy fucking rich for the central bankers. And the deeper in debt governments the more control the Bankers have over them.
>>75926322
It works. People like rare shiny metal.
>>75921845
what securities?
>>75921948
Because of the reality that people want to believe they are smarter than they actually are.
Seeing the chains of enslavement means to fight against it but being oblivious to it makes you happier just by not knowing that you are being used.
>>75926317
Every dollar the Treasury prints has to first be borrowed from the Federal Reserve.
>>75927210
>something I just pulled out my ass.
>>75926466
>Is war good for Banks?
I assume you already know the answer, this explanation is for those who are ignorant.
War is great for banks, terrible for capitalists - especially manufacturers who get bombed to hell with little / to no insurance. Think about it, you're a merchant bank and war comes to your country and destroys all of the countries businesses - a war you've funded. All of these established enterprises with great leaders, 10,000's of customers and clients and generally a well disciplined and highly structured organization comes to you for money - the only reason they need it is for repairs in exchange for equity in the business.
War only robs those who run industry and working class men who are drafted, the banks can then outright own large chunks of industry without having to do anything except pay for re-building factories, properties etc and have the people with the knowhow to do it.
>>75927329
>No concept of phony bonds, sold for phony bills
If your assburgers won't let you sit still long enough to watch The Money Masters, try the abbreviated cartoon version:
https://youtu.be/jqvKjsIxT_8
Either way, lurk more, faggot.
>>75927685
I hope you don't think you little youtube video is proof of some retarded phony bond conspiracy you have.
These fed treads always brings out the retards.
>>75927210
>borrowed
I don't think you know what this term means.
Government "borrowing" is not the same as an individual's borrowing. This might come as a surprise to you, but, the US Government can never go bankrupt.
>>75927569
We can't forget that both sides in a war, have to borrow money from the Banks.
Surprise:
>both countries borrow it from the same banks >to fight each other
>victor pays his own debts for the war, plus the debt of the vanquished, plus INTEREST
4.?????
>>75912496
https://www.youtube.com/watch?v=iP9H5fADC0E&list=FLGNIaGbuI6Wfk0XDtuZ8ZZw&index=19
OP, consider reading:
Paper Promises: Debt, Money, and the New World Order
by Phillip Coggan
(I think he writes for the Economist.)
It's accessible and easy to read.
>>75927827
>your tiny little conspiracy theory goyim youtube stormfag videos
So mad
>>75916227
>straight up blocked
>>75928323
How about these:
https://www.youtube.com/results?search_query=the+money+masters
>>75928304
>muh youtube
How about you go take your shitposting to the comment section there. That's about the highest level of discourse you seem to be capable of handling.
>>75922575
>The Fed isn't "private".
If it's publicly owned, i.e. a part of the government, then why can it claim it is not subject to government oversight?
You know that you're lying.
>>75922755
QE was a shit-show. It was a direct prop-up of banks that made bad bets.
If QE was so goddamn wonderful, show me where anyone - anyone - other than banks - reaped a benefit. The public sure as shit didn't, they're worse off than they were before QE.
>>75922852
Executive Order 11110. Would have put us on a silver backing.
>>75923085
Nowhere. The vast bulk of money isn't printed, it's merely a set of numbers, balances owed with the gentleman's agreement that people won't come calling for all of it at once.
>>75923781
Not >>75923700 here, but I hate to break it to you: the money isn't fucking printed. It's just a set of fucking numbers. Some paperwork is drawn up, hands are shaked, and there's a nice agreement that people won't come asking for their numbers all at once. Makes it nice and tidy, and out of the eye of a sleepy stupid public.
>>75923751
>The Fed does not buy securities from the government. They do not partake in treasury auctions.
No, their member banks do...and the member banks then sell the bond to the Fed, the fed then issues "credit" to the bank, and PRESTO currency shows up as fucking numbers.
Just because there is a middle man doesn't mean the Fed isn't holding fucking bonds.
>>75923928
No-one is allowed inside of Knox. No government official has ever been INSIDE the fucking vault. Ever. Every single request has been declined, or put off. Look it up. Frankly, I personally believe the fucking vault has been empty for decades and we've just been putting on a shitshow for the world.
>>75924723
>The Treasury and the Fed are part of the same institution. They are both arms of Government.
Wrong. The Treasury is, but the Fed isn't. The Fed is as Federal as Federal Express. This is what gets people every time.
>>75928587
That works, thanks
>>75919314
Andrew Jackson lived a long life and kicked the rothchild power out up until Woodrow Wilson.
>>75924969
>With that said, again, QE does not create debt
There is so much bullshit flying I'm not even sure where to start. How about the fucking Fed balance sheet which is exploding?
If the fed is trading credit to banks for bonds, then they are just swapping IOUs between the bank (selling the bond to the Fed) and the Fed (issuing credit to the bank). If money is owed - hence, the IOU - then tell me how there is no debt? How can you have no debt yet owe something?
>>75925434
Intrinsic value.
>>75928602
You can read all about it, faggot.
You need a book club recommendation now?
>>75927827
>These fed treads always brings out the retards.
Yes, and the retards always believe at least one of the following lies:
That the Fed is part of the Government.
That the Fed answers directly to the Government.
That the US Dollar bill is backed by something other than faith and hot air.
That money has to be printed when the money supply increases.
That the M4 was useless so it's ok that we stopped tracking it.
That the majority of your taxes pay for actual goods and services used by the public.
That QE1-3 had a positive impact on the common man's economic outlook.
That's just the short list, should we get started?
>>75928614
>If QE was so goddamn wonderful, show me where anyone - anyone - other than banks - reaped a benefit. The public sure as shit didn't, they're worse off than they were before QE.
That is because QE wasn't "printing money" and adding it to the money supply (that would have generated inflation on the consumer market).
QE were (are, because I am sure more are coming once the economy gets colder again unless the Fed is pushing for a major crash, AGAIN) basically the Fed buying US treasury bonds from the market in such quantities that would lower their yields making them unappealing to banks and institutions and basically sending them to expend their "cheap loaned money" (that they got at REALLY LOW interest rates if not at 0%) in the financial and real goods market.
The problem is that this institutions DID expend their cheap money, the problem is that most of it ended up staying on the financial market and never "trickle down" to the real goods and services market, that is why while ALL financial markets not only recover to pre crisis levels but now have surged into even bigger companies than before the crash making billions while the real economy in most countries hasn't really recover to pre crisis levels.
>>75927056
>So it's literally impossible to get out of debt.
no it's virtually impossible.
how it's intended to work is that US asks for 1 million $ which will mean they need to pay back, say 1.1 million $. they spend their 1 million, say .1 million bounces back in taxes and they give that to the federal reserve towards the debt, the fed reserve spends their money, putting it into the economy where it will once again be taxed, and over the course of time the 1.1 million will be payed back. this attempts to ensure the US has a good reason to avoid mass printing money.
in practice it doesn't work well though
>>75929169
>That the majority of your taxes pay for actual goods and services used by the public.
How about this one, why is that not true?
>>75928614
> then why can it claim it is not subject to government oversight?
The Fed has been publicly audited. It is answerable to Congress.
The Fed retains a degree of autonomy due to the "seperation of powers" principle.
>You know that you're lying.
heh
After reading the comments and thinking about it, should a bank's purpose be only to hold money for a small fee?
Should it be allowed to lend your money?
Should there be a required reserved rate, should it be 100%?
>>75929169
>That the US Dollar bill is backed by something other than faith and hot air.
you were almost right, but the US dollar is backed by the lethal force of the US Government. Which is something very real.
EVERYBODY SHOULD WATCH THIS VIDEO
>https://www.youtube.com/watch?v=iFDe5kUUyT0
tl;dr
>gov't spends money it doesnt have
>borrows money into existance
>promises to pay it back, with interest
>gotta borrow more money into existence to repay denbts
>your kids will pay for it
4.9 million vews
>>75912496
https://www.youtube.com/watch?v=R1gTnOkdXps
This man can.
>>75928614
> The Fed is as Federal as Federal Express
Idiot status... confirmed.
>>75912496
read The Creature from Jekyll Island
>>75912496
The Federal Reserve allows banks to exchange money between one another
if I write a check from one bank that has my checking account and I give it to you and you take it to cash at your bank with your checking account ok? Your bank credits you and debits the Federal Reserve, the Federal Reserve then credits your bank and debits my bank. My bank then credits the Federal reserve and then debits me for the check
This all takes about one business day
>>75929367
>>gov't spends money it doesnt have
Government creates all the "money" in exisitence. The money supply is elastic.
>>75929241
>(that would have generated inflation on the consumer market)
It's funny you say that. Inflation has been in stealth mode for a few years now. Every year, food items show up in smaller and smaller containers while the price slowly inches higher.
>The problem is that this institutions DID expend their cheap money, the problem is that most of it ended up staying on the financial market and never "trickle down" to the real goods and services market, that is why while ALL financial markets not only recover to pre crisis levels but now have surged into even bigger companies than before the crash making billions while the real economy in most countries hasn't really recover to pre crisis levels.
Guess where they spent it. No, not on MBS baloney (well not entirely). Go look at the derivatives market. Look how it explodes once the Fed says "the Casino's open and the house is buying for the first few customers..."
>>75929367
private banks were a mistake desu
>>75929364
>backed by the lethal force of the US Government
yeah, until the world decides the gold-backed Yuan is the new safe bet
>>75929434
Please show me the fucking paperwork where it says the Federal Reserve is a direct branch of the US Government, shill.
Otherwise, get fucked.
>>75929434
You are one stupid motherfucker, regardless of whatever your Bubalah told you.
>>75929575
Fed isn't the government.
Govt doesn't control money creation.
That's the core of the problem.
>>75929651
Gold backed currency is a meme.
>>75929575
You're not disagreeing with what was said in >>75929575 at all. After all, it had to start somewhere...it's not like the USD existed forever and ever.
>>75929691
>Fed isn't the government.
The Fed is an arm of government. Its directors are appointed by the Executive, it is answerable to Congress, it is publicly audited.
>>75929651
or until jesus comes back and zaps duh gays to hell right?
>>75913042
Try oil you dumb fuck
>>75929757
Indeed.
>>75914280
>>75914434
/tread
>>75929575
technically the government creates currency. the US Constitution states that only gold and silver can be "money" for the simple reason you cant print it.
the Founding Fathers knew all about fiat currency. they printed millions of Continental dollars to fund the Revolution
>>75929364
>backed by Govt force.
Let's fix that for you.
Originally, it was backed by YOU. Your hard work, sweat, and tears give the dollar its value...or at least it did, until Kissinger cut a deal in Arabia to trade oil for dollars worldwide.
Now the oil trade props up the dollar, for the moment at least. Doesn't matter what your currency is, you can't buy oil unless you pay in dollars...which means, currency exchange. Typically that takes the form of bond purchases but there are other ways. In any case, this allows the US to offload some "debt by stealth" when selling its dollars, by inflating the transaction. Those dollars used to be bonds, i.e. debts issued, which means on the books the USG could get a free ride for awhile.
This is where petrodollars come from.
Someone in Africa suggested trading something other than dollars for oil. He got killed.
Now the Chinese are promoting yuans for oil. Guess how the USG is doing right now with our ships moving along the Spratlys? Ask yourself, why the fuck does the USG even care about the Spratlys?
>>75929827
>Here he goes again with the appeal to muh authority
Never mind the wars, too big too fail. Social engineering programs targeting people.
Follow the money friends. These fucks print ever last bit of it and have paid for it's legitimacy', in others' blood.
>>75929859
why would Jesus have anything against gays? does God only love some of His children?
>>75929827
It is definitely not an arm of the government, it is a private institution that is not owned by the government but by the banks that are part of the system. It is controlled by the government to some degree but not nearly enough. It does not necessarily act for the benefit of the majority of the US population.
>>75914434
Literally the future value of a dollar over 100 years and ~3% inflation. Fuck off scum.
