- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Let's talk the Federal Reserve a little further
Posted on 12/19/18 at 2:35 pm
Posted on 12/19/18 at 2:35 pm
The other threads was devolving into DJT and tax cuts. But we really need to focus on what the Fed just did: They are raising interest rates when economic activity is clearly softening. In business school, the professor explained that the central bank raising rates during an obvious recession was a major reason why the Great Depression was as bad as it was. He also said our great economists learned that it was an extremely stupid move and our government would never to do it again.
The Fed's main purpose of controlling the bank lending rate is to curb inflation, but with energy prices dropping and the market taking big lumps, does anyone really believe our economy is overheating?
This is akin to driving using your rear view mirror. What are these clowns thinking??? And why are they controlling our economy? They aren't even elected.
The Fed's main purpose of controlling the bank lending rate is to curb inflation, but with energy prices dropping and the market taking big lumps, does anyone really believe our economy is overheating?
This is akin to driving using your rear view mirror. What are these clowns thinking??? And why are they controlling our economy? They aren't even elected.
15
Posted on 12/19/18 at 2:37 pm to TDFreak
quote:
In business school, the professor explained that the central bank raising rates during an obvious recession was a major reason why the Great Depression was as bad as it was.
We're not in an obvious recession though
Posted on 12/19/18 at 2:37 pm to TDFreak
Gonna stall the housing market which needs the correction
Thank goodness Subprime be back
Thank goodness Subprime be back
Posted on 12/19/18 at 2:39 pm to Powerman
quote:
Federal Reserve
Does not exist to help you...exists to put money in the pocket of its owners and exert control
Posted on 12/19/18 at 2:41 pm to TDFreak
Too much hot money creates inflation and bubbles. The real mistake was zero percent interest for as long as they did it. When this happens wages rarely keep up and the resulting crash screws a bunch of people.
Inflation helps the banks get their loans paid off and allows Wall Street to make more on their capital since they’re at the head of the line. It creates a juiced economy that is great...until it’s not.
When the average house is over $200k and an F150 costs $40k...something isn’t right.
Inflation helps the banks get their loans paid off and allows Wall Street to make more on their capital since they’re at the head of the line. It creates a juiced economy that is great...until it’s not.
When the average house is over $200k and an F150 costs $40k...something isn’t right.
Posted on 12/19/18 at 2:42 pm to LazloHollyfeld
quote:Who owns the Fed?
.exists to put money in the pocket of its owners
Posted on 12/19/18 at 2:42 pm to LazloHollyfeld
quote:
Does not exist to help you...exists to put money in the pocket of its owners and exert control
I'm just pointing out we're not in some obvious recession
Posted on 12/19/18 at 2:44 pm to TDFreak
quote:
The other threads was devolving into DJT and tax cuts. But we really need to focus on what the Fed just did: They are raising interest rates when economic activity is clearly softening. In business school, the professor explained that the central bank raising rates during an obvious recession was a major reason why the Great Depression was as bad as it was. He also said our great economists learned that it was an extremely stupid move and our government would never to do it again.
The Fed's main purpose of controlling the bank lending rate is to curb inflation, but with energy prices dropping and the market taking big lumps, does anyone really believe our economy is overheating?
This is akin to driving using your rear view mirror. What are these clowns thinking??? And why are they controlling our economy? They aren't even elected.
The reason the are raising rates is because for the whole Obama administration they kept rates artificially low. Since the rates were already low during the economy bounce back they had to start raising rates to stop inflation but the problem is they kept them so low for so long there is no room to stop raising them now because they aren't high enough yet. The Fed's lack of action for Obama's 8 years has put us into this mess.
Posted on 12/19/18 at 2:45 pm to LSURussian
quote:
Who owns the Fed?
who are the member banks?
Posted on 12/19/18 at 2:46 pm to TDFreak
quote:
The Fed's main purpose of controlling the bank lending rate is to curb inflation, but with energy prices dropping and the market taking big lumps, does anyone really believe our economy is overheating?
The Fed has taken food and energy out of the inflation equation. They focus on durable goods which has slightly increased in price. By raising rates it strengthens the dollar (makes it easier for U.S. consumers to purchase durable goods) and helps out the multinationals and associated banks because multinational mostly manufacture durable goods.
Posted on 12/19/18 at 2:47 pm to LSURussian
quote:
Who owns the Fed?
Uh oh.
Posted on 12/19/18 at 2:48 pm to SquatchDawg
quote:
When the average house is over $200k and an F150 costs $40k...something isn’t right.
More like 50-55K for a base truck now
Posted on 12/19/18 at 2:48 pm to TDFreak
Obvious recession?
Trump says we have the best economy ever. Fed better raise now.
Trump says we have the best economy ever. Fed better raise now.
Posted on 12/19/18 at 2:48 pm to LSURussian
quote:
Who owns the Fed?
Ostensibly the U.S.. Realistically it's a consortium of bankers around the world who controls the money of the U.S. The ones who own it have no business playing with our fricking money.
I believe that same group of people want to cause a recession so Trump will be blamed.
This post was edited on 12/19/18 at 2:50 pm
Posted on 12/19/18 at 2:51 pm to EllisD
quote:2015 List of member banks.
Who owns the Fed?
who are the member banks?
Posted on 12/19/18 at 2:51 pm to LSURussian
quote:
Who owns the Fed?
The privately owned member banks who own the regional federal reserve banks, who make a guaranteed 6%. Next question, who owns the member banks?
Posted on 12/19/18 at 2:52 pm to CCT
quote:Nope.
Who owns the Fed?
Ostensibly the U.S.
Posted on 12/19/18 at 2:52 pm to TDFreak
Fed raises rates- market drops because it doesn’t like raising rates during a potential slow down
Fed don’t raise rates- market drops because by not doing so, fed indicates market is slowing down
Damned if you do. Damned if you don’t.
Fed don’t raise rates- market drops because by not doing so, fed indicates market is slowing down
Damned if you do. Damned if you don’t.
This post was edited on 12/19/18 at 2:53 pm
Posted on 12/19/18 at 2:53 pm to LSURussian
quote:
2015 List of member banks.
who owns the most shares?
Posted on 12/19/18 at 2:57 pm to LazloHollyfeld
quote:Well, currently I own stock in a couple of them....
who owns the member banks?
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News