Federal reserve

What if I knock on the door?

Other urls found in this thread:

wallstreetdaily.com/2013/07/16/fort-knox-gold/
frbsf.org/economic-research/files/1A-Ajello-Laubach-Lopez_Salido-Nakata.pdf
youtube.com/watch?v=-oCstfrjb_E
youtube.com/watch?v=I_x626joik0
youtube.com/watch?v=l_IgcmsqnVM
youtube.com/watch?v=rxZhtGeRa-M
federalreserve.gov/monetarypolicy/bst_swapfaqs.htm#5631
twitter.com/SFWRedditGifs

The guard stationed at the door will aim his gun at you while shouting STOP.

Why is there an armed guard there?

Also why can't I knock or ask for information?

You know what? Why don't you try it and live stream it.

That's where the Jews live, don't bother them

This OP

Make sure to wear a bandana around your face and wear a plate carrier

You'll get arrested for antisemitism

Go inside, declare you are sovereign citizen, see what happens.

>implying there is something inside
it's there to make you obidient

You gonna do it, OP?

you would be trespassing on private property

>UH...NOBODY IS HOME, GO AWAY!

"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""federal"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""

>not having been inside the Fed
kek

You can't simply go in that door m8, the security screening and entry is through another side

>believing FED conspiracies
KEK

KEK

...

Architecture looks like as if Albert Speer designed it himself.

they would think you're a drug addict. leave the opium alone.

yeh, credit expansion effects on economy are a conspirancy
induced economic cycles too

The world is so fucked up that every society is doing the same monetary shit and it's under the same pile of shit it actually seems resilient

kek

FED theorists say it's the reason the U.S is in debt. It prints money and loans to the Government. Yet U.S always had debt and so did every nation before the central banks.

>"PAY NO ATTENTION TO THE JEW BEHIND THE FEDERAL RESERVE"

>not realizing central banks were the only institutions stopping the 2008 crash from turning into a full blown depression


You people sure are stupid.

Because the Federal Reserve is empty. wallstreetdaily.com/2013/07/16/fort-knox-gold/

>FED didn't cause the crash
Dam you are stupid.

Fed prints money and buys up bonds (US govt debt), which are already held by us citizen, pushing down rates/yields.

they dont buy it from the govt

>pushing down yield rates
How is that not good?

whatever the fed sets the rate to has very very little, if anything to do with financial stability.

Blame the rating agencies who were lying and the banks that didn't keep enough reserves on hand.

frbsf.org/economic-research/files/1A-Ajello-Laubach-Lopez_Salido-Nakata.pdf

>>not realizing central banks were the only institutions stopping the 2008 crash from turning into a full blown depression

why? is it because they printed the governments money which was used to bail out the banks?

It's good when the economy is in bad shape (aka 2008-2010).

You want low interest rates to help businesses spend, invest, borrow to hire more people and get the economy going again.

Once employment starts getting back to its natural rate (like now) you want to start raising rates to slow down the velocity of money so you don't get inflation, and to help reduce the small risk of people over leveraging themselves

The government paid for the bailout with bonds they issued that were bought by US citizens, not the fed.

>why? is it because they printed the governments money which was used to bail out the banks?
Precisely. And the hyperinflation all naysayers were predicting never materialized. Without the bailouts you could say goodbye to the pension funds and credit line of millions of people and small businesses.

>Once employment starts getting back to its natural rate (like now) you want to start raising rates to slow down the velocity of money so you don't get inflation, and to help reduce the small risk of people over leveraging themselves
But then the government will bankrupt itself paying such high interest on the debt. During the Reagan era the government borrowed at 14% trippling the debt.

first amendment you dumbass

Andrew Jackson balanced the United State's books when he distributed a $35billion surplus after he vetoed the central banks in 1832. i think thats the only time when the books were balanced for america

ITT: plebs

jesus christ we're never going to have a legitimate debate about economics are we

The interest payments on bonds are locked in.

Say if I hold 20 year bonds from 2005, they pay a 4% coupon yearly, and that is fixed regardless of what the central bank does. The principal I get repayed at the end date stays fixed as well.

Infact, inflation and higher rates probably helps the government going forward (as long as they can limit their spending and not take on new debt) because it erodes the value of their past debt.

No but for new borrowing. When Reagan got the FED to hike interest rates the debt interest went up to 14%. Today with interest rates 1% the interest on the debt is 0.17%

Clinton ran some huge surpluses actually.

Eisenhower did too maybe? It wasn't too uncommon in the 50s and 60s I think

>Clinton
>Surplus
You know the National debt went up every year under him right? Means he couldn't of had a surplus.

Which pillar is middle C?

>as long as they can limit their spending and not take on new debt

Hello I'm the friendly Joo, may I help you?

inflation is a tax on your savings and inheritance. it does not affect the money lenders one bit.

youtube.com/watch?v=-oCstfrjb_E

Along with them sucking blood from baby penises.

Oh okay I see what you're saying.

Here's an interesting question:

Say you have 10trillion debt paying interest on it at 2% and inflation is running 2%,

You have the ability to raise the interest rate to 10% (at which you will now borrow going forward) and with this inflation will go up to ~5%.

Although your debt going forward (say 100billion per year) becomes much more expensive, the increase in inflation to erode your old debt, which is must more substantial, may actually reduce the debt.

Time horizon is important and Im not sure about whats better, buts its an interesting thought experiment

it's private property you will be told to leave or you will get arrested.

youtube.com/watch?v=I_x626joik0
youtube.com/watch?v=l_IgcmsqnVM
youtube.com/watch?v=rxZhtGeRa-M

This is how the banking fraud system works. FYI

kek. pretty much.

sure.
debtors love inflation and creditors hate it.

can you summarize the main point?

I dont want to watch 3 hours

nice digits mate.

>hey guise debt is good be a slave
you're not fooling me but keep trying to sell your soul
he knows. he's shilling.


the free ride is over. you're ilk are under the microscope now.

Get Lost we dont buy Dildos

Debt allows people to make worthwhile (positive net present value) investments that they otherwise would not be able to

Look at an individual.

They may have a mortgage on a 400k home. They may have payments on a 20k car. etc etc.

For everyone, these debts will exceed their earning power (if you are paying down a house, its value will bemore than your income). This is the equivalent of a debt/gdp ration >1.

Meanwhile the US government has a debt/gdp ratio under 1, that is their earning power is much much greater than what they owe, and it means it will not have problems paying it back going forward.

Good goy. The problem with debt is that currency itself is not debt free. There's no reason it shouldn't be.

Good goyim, forget about the banks who made out like bandits, the fed has save your economy. Now let's shut down the government again so we can vote for an even higher debt limit.

Summarizes would not suffice its too much to cover. But basically money doesn't have any real material backing and money you spend is mainly nothing but promissory notes. The banks maintain a system so everyone owns them money. Even your money in the bank is not real its a promissory note that the bank will pay you x amount of funds. And those funds are more promissory notes; not any real material goods or service.

what do you mean the currency is not debt free?

It's just legal tender as a medium of exchange. nothing more. nothing less

Kek. A FUCKING LEAF.

A Jew comes out and takes your money

its cool jews go ahead and split the USA into euro countries. lincoln stopped you, but i would love to see the confederacy rise again. they will nuke israel before you faggots can draw up new debt contracts.

>your money in the bank is not real its a promissory note.

No, its a contract legally enforced by the government. For example, in Canada, we have federal deposit insurance of up to 100k.

If the go out of business (depending on the liability structure of the bank and exactly what kind of credit you have with them) you can be entitled to sue, liquidate their assets etc.

The benefits we gain from not having real material backing to money (controlling inflation, low rates to help the economy in bad times, high rates to slow down the economy in good times, flexible exchange rates with other counries to help various sectors in the economy) are more beneficial than doing this to help avoid a perceived mega-run financial apocalypse

They will give you the value of your dollars in gold
:^)

FDR passed a law that said send in all your gold.
bush passed an executive order that said police will confiscate all gold from safety deposit boxes during martial law
treasurty dept doesn't allow anything to be currency except (((central banking)))

you obvioulsy never got educated from anyone who stood in a bread line in germany. go kill yourself

This guy will hold the dor for you

...

I am not going to get into a debate just watch the videos, like I said a summarization is not good enough. I cant condense 3.5 hrs into 3-4 sentences.

Why is a Britbong having to correct an American about their own constitution? Smgdh.

DUDE WEED ECONOMIST HERE.

>1 USD = 1.3 CAD AYYY LMAO

Why are fucking shills always Canadians? Is it because your economy is so shit, you are desperate for any (((pay)))?

A

Get sent to jewish freedumbs camp

>"Enlighten us with your thoughts on monetary policy, user."

go there dressed like an orthodox jew

they might let you in

...

The single biggest problem with inflation is trying to keep it under control. Inflation is risky shit, it tends to bolt

Goddamn are those some nice light fixtures.

Everything he posted was 100% correct
Didn't know canada could sue it's Fed.

Agreed. You guys took Roman architecture and perfected it.

Oh look, Canada uses commonwealth proxy to shill.

Inflation is easy to control. STOP PRINTING MONEY. Look at dis faggot.

I'm actually working at the Fed currently, doing economic research. Pic related is some of the events they have this summer for us.

AMA?

What is your job? Work at the Fed or for the Fed?

What do reptilians eat for lunch?

Funny that you should mention lunch, I actually eat at about the same time that Janet does every day (around 12:15), so I see her almost every day. Pic related is a picture I stealthily took from across the room. I rode on the elevator with her once. She's a fan of the cafeteria turkey sandwich. I think this is a mistake honestly, because their ham sandwich is far better.

I'm studying ways to measure inflation right now. I can't go into much more detail, because it's classified (not joking).

I work at the Fed. You can actually see my office on the pic in the OP (it's one of the windows on the 3rd story). I lucked into getting a window office because one of the economists was leaving so they just gave it to me in the interim.

Don't know why the picture was flipped.

>knock
Just open the door and walk into the lobby yuh fuckin' sperg.

Nobody actually goes in the front door, it's just for show.

What I meant was, who pays you, the Fed, or someone else? Do you show your findings to the Fed, or for another government agency, or academic institution?

Approx how many people work there?

Do they offer tours for good goy?

Private, you say?

Let X is a metric space and B(X) is the space of bounded functions on it equipped with the sup-norm. If T is an operaor T: B -> B what conditions do we need to impose on T so we can guarantee solutions to dynamic programming problems which are of such fundamental importance in modern macro

Will they teach you the secret Jew handshake?

The Fed itself pays me, I show my findings to the Fed. They might show it to gov agencies but I wouldn't know.

The Board of Governors is spread out over like 5 buildings so it's impossible to get a good estimate. But I work in Eccles, the main building (and the one shown in the OP) and I'd estimate a few hundred (300?).

I know Board employees can give tours. I gave one to some of my friends, but I had to give a few days advance notice, and had to provide my friend's SSN. I'm not sure if they provide tours to people without connections. I bet they do, but I'm not sure.

They already have

hint: it involves touching each others noses.

>he doesnt already know them much less practice them
How do you expect to get ahead in life?

see the thing about (((cb))) is you legitimize the field and the work you all do is serious business.

but what happens when the board of directors decide to loan money to england and france and call in debts to germany, and push all three for war? yeah that's not part of your game plan but that's how historically the money changers have operated. so fuck you all. now go fix libya

fed bro let me ask another question.

What do you expect to happen to rates?

How bullish are you on the US economy for the next few years?

Are you a (((tribe member)))?

Where did you go to (((economist))) school?

Why would they serve ham, it's not kosher? Janet wouldn't eat it. So you're either a bad jew, or goy.

I've been in that building

It's just a building, user.

You'll either get ignored, or get a security guard that's questioning why you're knocking on the front door, like any other government building you knock on the front door of.

Go down to your local state office and knock on the front door (if they don't have sliding glass at this point) and see what happens.

The Fed itself doesn't loan money out to other sovereign governments or their central banks. It does do Liquidity swaps, but those are NOT loans.

federalreserve.gov/monetarypolicy/bst_swapfaqs.htm#5631

I obviously have no input or special knowledge on that matter since I'm not on the Board of Governors, but I'd say that rates could increase here (in the next few months, maybe years) due to the positive unemployment numbers. Things are looking up.

I'm tentatively bullish on the economy for now. Things can change rapidly, but I don't see any reason for things to deteriorate rapidly in the foreseeable future.

I'm a goy. Surprisingly, most of the RA's here are from non-elite institutions (like public state schools).

the fed is part of the central bank network, which is in control of every country on earth except syria and iran.
you have mislead and twisted facts, i no longer trust your post id. bitch.

That's because undergrads from elite institutions go straight to PhDs at elite institutions.

in academia people who work at the fed are considered failures who couldnt hack it

t. phd fag at a top 5 at home for summer after passing qualifying exams.

In the real world, people who go into PhDs are considered failures who couldn't hack real work.

I've been on Sup Forums for a long time, and have witnessed it's metamorphosis from a home to Stormfront, to a Libertarian stronghold, to this Alt-right shittery that's happening now. One thing that's stayed constant, however, is posters who HATE the Fed. They have kernels of truth, but there's a massive amount of stupidity that goes along with it, esp. for people who only hear one side of the story.

>in academia people who work at the fed are considered failures who couldnt hack it
The Fed is one of the best places you can end up. It pays highly competitive rates (you can look this up) with all the benefits of a government institution (i.e. benefits/retirement package). Plus you get quite a bit of say on what research you do. The only other places econ PhD's end up is 1. Industry, or 2. Academia. The first has better pay but shittier benefits and much shittier hours, whereas the second is basically what the Fed is copying for it's economists.

What's "real work" in your opinion?