- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- 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
1
Posted on 11/30/23 at 11:42 am to AmishSamurai
quote:
In the end the Federal Reserve banks get their cut for operating the fractional reserve fiat monetary system and the USD continues down the path of devaluation.
The US Dollar and markets are still in a global bankink/currency system. Even as the old system falls apart (Breton Woods), a new system is developing in its place.
As bad as the US looks with our many issues, everyone else in much worse.
I also am not a fan of the Fed central bank.
But this time, JPowell seems to be defending the dollar. In the past, other Fed chairmen have been "globalists" helping to protect the old system. Thereby, helping the EU. And maybe that was strategic thinking left over from the Cold war. Or maybe it was the giant brains(and pocketbooks) at DAVOS.
However, we have entered a period of everyone out for themselves between the global central banks.
Right now, JPowell has gotten off to a huge lead, LaGarde is having sleepless nights, and the BOJ has moved in a new direction for the first time in over a decade.
Brics is still getting their stuff together...
Posted on 11/30/23 at 11:51 am to LSURussian
quote:
ETA: You avoided answering my question. Why would there be bank runs just because the Fed is experiencing losses?
It would be a value driven response, don't ya think? After all, gold in 1913 was $20.67. Today it is $2,036.98.
Go figger!!
quote:
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty.
LINK
This post was edited on 11/30/23 at 11:56 am
Posted on 11/30/23 at 12:17 pm to Timeoday
quote:What does that have to do with creating a "bunch of bank runs"?
It would be a value driven response, don't ya think? After all, gold in 1913 was $20.67. Today it is $2,036.98.
If you can't answer the question, just admit it instead of fabricating nonsensical word salads.
This post was edited on 11/30/23 at 12:22 pm
Posted on 11/30/23 at 12:35 pm to LSURussian
quote:
What does that have to do with creating a "bunch of bank runs"?
I guess gold picked up the value lost from the value of the paper the Federal Reserve manages.
Posted on 11/30/23 at 12:38 pm to Timeoday
How would the Fed having losses create "a bunch of bank runs"? Have you withdrawn all of your money from banks?
Has anyone you know done that because the Fed has operating losses?
I already know the answer to those questions so feel free to answer truthfully...
Has anyone you know done that because the Fed has operating losses?
I already know the answer to those questions so feel free to answer truthfully...
Posted on 11/30/23 at 12:42 pm to stuntman
quote:The Federal Reserve Board of Governors IS a federal government agency, which is why the high level positions are politically appointed. Their main function is to steer monetary policy.
What private company has its chairman chosen by government?
Posted on 12/4/23 at 7:48 am to LSURussian
Posted on 12/4/23 at 7:54 am to Timeoday
quote:
I guess gold picked up the value lost from the value of the paper the Federal Reserve manages.
This post was edited on 12/4/23 at 8:01 am
Posted on 12/4/23 at 9:56 am to NC_Tigah
If that ain't something!! I guess it is the only place for it to go now the Federal Reserve has screwed the pooch!
Get us out of the Fed, now!!
It's goin' DOWN!!
Get us out of the Fed, now!!
It's goin' DOWN!!
Page 5 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News