So I attempted to show my GF (a finance major) a video which explains the fed, and she didn't agree with me (but I know she didn't watch that video either).
>pic related
Is she right? Or has the business college corrupted her into thinking the federal reserve is a good thing?
Is the federal reserve a good thing? Is it necessary? Also, redpill me on the fed, because I had no fucking idea what it was about until I watched youtube.com/watch?v=RrwbgdtbdXE&
>Not aware that it is a private entity >Trying to redpill her
Kek.
Carter Foster
your girl is right. the alternatives to the fed are worse.
like inflation? you'll fucking _love it_ when there's no fed and the executive branch -- or, god forbid, Congress -- sets monetary policy.
Parker Edwards
That's not the point leaf.
She thinks that the fed lending at interest is just to cover the cost of paying employees of the federal reserve
I don't buy it.
Zachary Jackson
Stop mixing poon and politics
Then you end up with no poon and no politics
Kayden Butler
The Fed isn't as retarded as you tinfoil faggots make it out to be. You have no idea what you're talking about and should kill yourself.
Connor Watson
This
Keep your political opinion on an anonymous Taiwanese fishing board behind 7 VPNs and never reveal power level. It will just fuck up social life.
Matthew Ortiz
Jews love the fed because they control boom and bust cycle so can buy countries out from under goys and put them in indentured servitude
Brayden Gomez
You just ruined your relationship
Honestly, your best chance is to pretend like you were pranking her or something and hope she is dumb enough to fall for it
Maybe start sending her videos about reptilians or something
If not, she will continue to make you look like an blue pilled idiot
Ethan Sanchez
So the fed is a good thing?
Tell me why.
Jonathan Foster
yeah but it doesn't belong to us we signed it away before ww1 and put our people up as collateral
Noah White
she is right
Cooper Harris
p.s. she is fucking chad her fellow finance major who actually understands what the fed does
Carter Fisher
This.
Your girlfriend is entirely wrong (the federal reserve's manipulation of interest rates and money supply causes economic bubbles far, far worse than we would experience without them), but you're out of your league, friendo.
Go read "The Creature From Jekyll Island" and listen to some Tom Woods re: the fed and central banking. Here's a great talk of his: youtube.com/watch?v=TxcjT8T3EGU&
Also, why are you trying to reason with her. Don't you know that she just feels the Federal Reserve is, like, totally great sweetie ;)
Justin Gutierrez
Looks like she is schooling you faggot
Isaac Nelson
Well she is smarter than me and taking a more difficult major than me. I never understood finance anyway.
Josiah White
You mean a value based open market banking system is bad? >Berg strikes again
Nathan Morgan
Yea she has some other dude typing saying shit like homie
everyone reading my post should either watch it right now or bookmark it for later
very good video!
Brody Fisher
how can you try to redpill someone on something you literally know nothing about. her:'you know the post office isn't actually a federal body'
you:'holy shit i didn't know that, one sec, let me look up some shit video on youtube.(5 minutes later) , hey watch ALL of this 2 hour video, you will be totally red pilled omg i'm so smart and red pilled.'
your gf will leave you for a merchant chad very shortly.
Isaac Sanchez
the Fed is not necessarily a bad thing, but it should be audited. Fiat money is a powerful piece of social technology, and as any powerful technology, can be used for good or bad
Sebastian Williams
>trying to redpill women
Cameron Baker
ohohohoh you deluded moron. fat chicks are the worst sluts
Samuel Flores
unironically this
also, the more attractive her partner her, the more she will stay loyal
Benjamin Bell
Never do this dumbass, just keep it normal and fuck her. A girl is not your friend, this kind of talk kills relationships.
Alexander Morales
The fed is terrible. But in reality it doesn't matter, it's all monopoly money. If it wasn't, every country would declare bankruptcy.
Carter Hall
And she calls you homie?
You're pathetic
Aaron Phillips
>too fat to fuck chad
Not too fat to fuck you, though.
It's okay, she probably just gave him head is all.
Nolan Johnson
>homie
Have a pity (you).
Gabriel Williams
why argue with poon on subject you know nothing of and have to come to Sup Forums for advise?
she will graduate and get a decent paying job with or without you
Isaac Allen
Fed ain't so bad. Read pic related, it'll give you an idea of why it's important other than LOL GOTTA PREVENT RUNS ON THE BANKS
>the fed lending at interest The loans are generally pretty small. Also, it's pretty much always the lowest rate available. The loans are made for super short time periods.
The Fed is private, but it's owned by multiple private regional banks. It's similar to how the federal government is a confederacy made up of the states.
Henry Walker
The "Federal" Reserve needs to be destroyed, no matter the cost.
Easton Reed
You should really have these conversations in person so you can have angry sex after
Luis Mitchell
look retard, this is a stupid video animated horseshit..
the fed is separate from the government, yes, but it is run by the treasury and the person in charge of the fed is always appointed by the president, and much like the supreme court, that position is held for life..
the fed controls and regulates the rate of inflation and the growth of GDP..
the fed doesnt give private loans..
this video is retarded sensationalized bull shit..
banks make money through loans with the interest rate.. people who dont know a fucking thing about interest rates and a good one or a bad one are the ones who get fucked over by people called loan sharks..
loan sharks char - i had to stop the video because it is so retarded and you should probably break up with this girl because youve completely embarassed yourself by using the video as a point of arguement...
ok so loan sharks are people who give loans to retards like strippers for a high rate of interest (usually over 10%).. this means that ok, if you give a person a 100 dollar loan, and the terms of the agreement are that you have to pay it off in 10 years at a rate of interest of 10% means that, and im doing this off the top of my head, but i think that means the future value of the loan, the value of the loan to the loan shark is like 200 bucks.. maybe 1000 im not really going to get my calculator to check..
bottom line, you should be extremely embarassed for being so fucking insecure about your girlfriend, a fucking finance major, in being smarter about a subject than you, particularly a subject you wish you knew more about. I think you should probably take her advice and do some research.. or probably give her to me, a real man, because youre a beta cuck who feels threatened by her intelligence
Cameron Sanchez
I bet she's having a good time with Tyrone right now.
Logan Williams
bingo
Jaxson Hall
yeah the fed is retarded, it's one of the biggest scams in history.
Charles Kelly
How about you do some actual fucking research on the subject, and then talk to her about it.
You obviously have internet access, and the information is out there for you to interpret on your own.
Stop having Sup Forums make your opinions for you. Fucking low iq sheep. I you retards need your hand held through everything
sage
James Price
3.5 hr red pill is too much for most.
Jaxson Mitchell
>ummmm
Just suck Jarrell's dick man.
Benjamin Kelly
>posting your private conversations for personal validation
Carson Morgan
I always forget the pic.
JP morgan personally did the job of the SEC, Fed, FTC, etc. Before they were established.
He wanted : 1. Industrial might 2. A strong nation 3. Personal/familial wealth as a reward
In that order. The Fed carries on his work (though with diff policy/procedure)
Elijah Lopez
>it is run by the treasury The Fed is certainly not run by the treasury, they make policy independent of the US government
Fed loans money to banks with interest. Banks used to loan money that was other people's savings for interest and people got a bit of that interest. Basically the fed stops banks from overloaning money they don't have that belongs to other people. Current issues are extreme low rates which basically equal nearly free money for banks who then invest in riskier and riskier things because it ain't their money . Aka Quantitative easing. See mortgage crisis (paired of course with removal of g-steagal and mandate to lend to more risky lower income people)
Jayden Rodriguez
>Majoring in finance
Brandon Gutierrez
Finance programs are fucking bullshit.
It's entire curriculum is based around how to operate within an artificial framework which has only existed for around a century, and is doomed to fail long term.
Of course these people don't entertain the possibility of a world without the FED, their entire existence and education depends on it.
Dylan Robinson
Sorta related, there was an infamous thread on /fit/ a few years back where some legit model-looking dude brought the fattest chick he could find back to his place and fucked her on camera just so he could post on /fit/ he had done it. No idea how to find it in archive, but glad you reminded me of it.
Caleb Gonzalez
Thank you, that made sense to me.
Mason Cruz
>Fed loans money to banks with interest
yes but the retarded, now single, OP believes loans come directly from the fed
SHOW HER THE MONEY MASTERS DOCUMENTARY INSTEAD OF THIS ANIME SHIT YOU KEK.
Easton Nguyen
ty based Norwegian.
Logan Bennett
>my GF
FUCKING NORMIE GET OUT REEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Robert Turner
>people thinking fed is owned by the state >people thinking fed is not privately owned
This triggers me a lot. But nothing triggers me more than end the fed libertardians suddenly playing dead when I mention fed is privately owned and you would attack property rights by ending it
Lincoln Richardson
She called you homie. That is gurl power talk for "cuck".
Leo Lee
Bad argument. The Fed only has power due to an act of congress, aka state coercion.
Jose Cox
I would love to know how much her finance classes discuss the fed. My guess is literally zero. I did a double-major in accounting & finance at a well reputed university for my undergrad and barely scratched the surface of it. A high school student taking AP macro or watching fucking Zeitgeist has a better understanding of the fed than you or your girlfriend.
Gavin Reyes
Interesting shilling tactic. Would have loved to see you guys be this competent DURING election!
Chase Long
irrelevant a private corporation can be regulated by state
you can privately own a lemonade state that can only act due to the power of major but you still own it.
>Trust me, she's too fat to be fucking chad. wew lad are you going to be in for a surprise.
Carson Gomez
The Fed is the very reason we aren't living like the Jetsons by now.
Carson Morgan
I got this guize.
As a Finance major she is exposed to a strictly Keynesian view of economics which states that government intervention is needed to support the market. The general economics of it all is, perhaps a larger issue OP but let me give you the basics:
There is Fiscal policy, set by congress: this is taxation.
Now; there is also monetary policy. The FED does three things 1. It purchases or sells t-bills to regulate the money supply 2. It can lower the reserve requirement ratio (currently at 10%) this is the amount of money the banks must actually hold. (If you give the bank $100.00, they only need to keep $10.00 the rest can be loaded out at interest) using the money multiplier effect $100.00 'creates' about $1,000.00 (This also increases the money supply) 3. It sets the interest rate at which banks loan to each other (historically low right now, rates are artificially low)
Now, since she studies finance if she's been paying attention you could perhaps advise her that setting rates does not work and that the market, i.e. forces of supply & demand are better at determining interest rates, or perhaps you could argue that the control of a money supply often yields those at the level tremendous power; quoting Jackson or Jefferson or any founder really on the dangers of such a thing.
Being unaudited, they can do a lot of things that are not in our interest. For example, here's a needle in a haystack: giving 16 trillion to other central banks. Or perhaps you could quote how Paulson got billions in the TARP bailout etc. Alot of shady shit and corruption.
Oh' and the money masters offers a nice look into the history of it, there's also several books, like Griffins creature from j` island. etc
pic unrelated, random trump qt3.14
Isaac Brown
>It's entire curriculum is based around how to operate within an artificial framework which has only existed for around a century, and is doomed to fail long term.
Nah. It's all based around CAPM and the SML, which are both built on treasuries, but anyone who isn't an idiot will be able to adapt the core concepts as needed.
Carter Cook
The two of you appear to have a collective IQ of potatoe.
Nothing "private" about it. Go start your own fiat currency than, one that doesn't print a shit load to hand it out to big crony corporations. The state will prevent you from doing that.
Daniel Stewart
>strictly Keynesian view of economics As opposed to what? Smithian?
Luke Allen
BTC is still legal last I checked
Carson Sanchez
>gf
Nice LARP fag
Jackson Garcia
Federal Reserve conspiracies are among my favorite. They're all so disprovable with a little research from reputable sources. The whole history and operating process is very transparent and available to the public.
Brody Bennett
>muh central banks are necessary for a good economy meme
EVEN IF THIS IS TRUE....shouldn't your central bank be beholden to the government of the people? Not a group of wealthy shareholders or member banks who literally profit off of issuing out currency?
The fact that every major war has revolved around this issue speaks volumes...and the fact it's left out of history books says even more.
Michael Morgan
Nothing "private" about it. Go start your own fiat currency than, one that doesn't print a shit load to hand it out to big crony corporations. The state will prevent you from doing that.
One that doesn't exercise a shitty monetarian policy protected by the state, to cause economic crashes when a republican is in office.
"Give me control of a nation's money supply, and I care not who makes its laws,"
Jonathan Russell
MM is one of the best ones out there. lots of the others are reptilian-tier
Ryder Cooper
Smith's work would fall under classical economics. The Wealth of Nations is worth a read. There's many... Austrian (Mises, Rothbard) Chicago (Sowell, Friedman), Marxist (Marx, various cucks), schumpeterian (Schumpeter), neo-classical, &c
Oliver Flores
>talking about the federal reserve over text messages with your girlfriend
I think you have bigger issues to worry about. You will be single soon.
Jonathan Miller
> implying monetary policy should exist over a gold standard
Aaron Morgan
Bruh.. She should be calling you sir or mister, and with a sexual undertone to it.. That video you tried to redpill her with looks like something off the disney channel. You haven't researched this nearly enough to big brain someone about it.. Watch dozens of videos, then read some shit too. Then watch some more shit. all kinds of shit. then read some more shit.
Oliver Harris
Her: I was told what to think and you should think what I think too :)
You: Sorry I have my own opinion about things and question blind faith.
Her: RAPE! HELP! I'M BEING RAPED! :(
Justin Morales
with all the vids posted here already you might watch these too aswell
look up namesas jp morgan and redstar line. leaders in the steel and coal industry, these people are pre federal reserve banking, national banking and behind the globalist sheme , founders and co-founders as it where
Jaxson Bailey
>You must be worthy, user.
>Go and suffer the 10 trials of newfags, on the scattered dimensions across Sup Forums.
>Find the ultimate redpill.
>Be the ultimate redpill.
>join us.
kek this guy knows the scoop. i call it "baked bean theory". Imagine youre broke 4 days out from payday and all you have in your cupboard is a rusty old can of baked beans thats been there for years. day 1 without food you'll turn your nose up at it. day 2 it starts looking better... day 3 that bitch will start looking like a 3 course banquet. fat chicks are massively dirty/slutty in bed because when they do get laid they explode in a fury of cock-gobbling energy, and to top it off the anons who stoop to fucking them are also pent up. they also try to snag a guy by engaging in the more porn-inspired activities of sex, like they'll offer to do anal and gagging and shit on the first night so they can offset their ugliness and translate it into sex appeal.
BIG GIRLS. Many such cases!
t. St George from down under - gotta slay a few dragons to get to the princess
Jordan Collins
This
OP my GF is a Berkeley Econ major and I had to do A LOT of research so I wouldn't sound like a complete retard.
I also had her watch the Money Masters, listen to a Ed Griffiin presentation, showed her some quotes, and then showed her some Mises articles.
I wouldn't call her redpilled, but she definitely is getting much more fiscally conservative.
I can tell because she links me Robert Reich crap she gets, and utterly BTFO's him.
Camden Brooks
Yeah but we are forced by the state to use the money they issue. They have a state-enforced monopoly
Nathaniel James
WTF is wrong with you stupid kids? Posting conversations that should not even be taken place over text message on Sup Forums. Holy shit you are so autistic I hope she cucks you with a nigger.