The Money Masters

[Toddsterpatriot]

The Fed is a clearinghouse of sorts, for other banks.

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

the Fed's purpose is to determine how much money we need.

The monetary base is a bit over $4 trillion. The money supply is much larger than that.
How do you explain the difference?

we have a fractional system, next

And?

 

[EdwardBaiamonte]

The Fed is a clearinghouse of sorts, for other banks.

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

the Fed's purpose is to determine how much money we need.

The monetary base is a bit over $4 trillion. The money supply is much larger than that.
How do you explain the difference?

we have a fractional system, next

And?

if banks see an increase in their deposits, they can lend out a bigger sum of money and keep the same proportion in reserve.

 

[Toddsterpatriot]

The Fed is a clearinghouse of sorts, for other banks.

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

the Fed's purpose is to determine how much money we need.

The monetary base is a bit over $4 trillion. The money supply is much larger than that.
How do you explain the difference?

we have a fractional system, next

And?

if banks see an increase in their deposits, they can lend out a bigger sum of money and keep the same proportion in reserve.

if banks see an increase in their deposits, they can lend out a bigger sum of money

Wait, that would mean that the Fed doesn't have total control over the money supply.
You sure you want to go there?

 

[EdwardBaiamonte]

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

the Fed's purpose is to determine how much money we need.

The monetary base is a bit over $4 trillion. The money supply is much larger than that.
How do you explain the difference?

we have a fractional system, next

And?

if banks see an increase in their deposits, they can lend out a bigger sum of money and keep the same proportion in reserve.

if banks see an increase in their deposits, they can lend out a bigger sum of money

Wait, that would mean that the Fed doesn't have total control over the money supply.
You sure you want to go there?

why would that mean that???????????????????????????????????

 

[Toddsterpatriot]

the Fed's purpose is to determine how much money we need.

The monetary base is a bit over $4 trillion. The money supply is much larger than that.
How do you explain the difference?

we have a fractional system, next

And?

if banks see an increase in their deposits, they can lend out a bigger sum of money and keep the same proportion in reserve.

if banks see an increase in their deposits, they can lend out a bigger sum of money

Wait, that would mean that the Fed doesn't have total control over the money supply.
You sure you want to go there?

why would that mean that???????????????????????????????????

if banks see an increase in their deposits,

^
This is not under the control of the Fed.


they can lend out a bigger sum of money

^
Neither is this.

 

[EdwardBaiamonte]

if banks see an increase in their deposits,
This is not under the control of the Fed.
.

sure it is, they can buy and sell bonds.

 

[Toddsterpatriot]

if banks see an increase in their deposits,
This is not under the control of the Fed.
.

sure it is, they can buy and sell bonds.

How does that control bank deposits?

 

[EdwardBaiamonte]

if banks see an increase in their deposits,
This is not under the control of the Fed.
.

sure it is, they can buy and sell bonds.

How does that control bank deposits?

they buy bonds from banks, bank deposits go up. Sorry to rock your world.

 

[Toddsterpatriot]

if banks see an increase in their deposits,
This is not under the control of the Fed.
.

sure it is, they can buy and sell bonds.

How does that control bank deposits?

they buy bonds from banks, bank deposits go up. Sorry to rock your world.

Influence is not control.
Sorry to highlight your confusion.

 

[EdwardBaiamonte]

if banks see an increase in their deposits,
This is not under the control of the Fed.
.

sure it is, they can buy and sell bonds.

How does that control bank deposits?

they buy bonds from banks, bank deposits go up. Sorry to rock your world.

Influence is not control.
Sorry to highlight your confusion.

 

[EdwardBaiamonte]

Influence is not control.
.

dear, why do you say its influence, not control?????

 

[Toddsterpatriot]

Influence is not control.
.

dear, why do you say its influence, not control?????

Because it's true. The Fed bought about $4.25 trillion in bonds.

MZM is almost $13.7 trillion. Explain the control mechanism again.

 

[Penelope]

The Fed is a clearinghouse of sorts, for other banks.

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

and they have been doing a rotten job for the last 35 years, gee wonder why.

 

[EdwardBaiamonte]

The Fed is a clearinghouse of sorts, for other banks.

most importantly the Fed's purpose is to determine how much money we need.
If they print too much we have inflation and too little deflation. Do you understand?

and they have been doing a rotten job for the last 35 years, gee wonder why.

dear you lack the IQ to know what the Fed is let alone to say why they have been doing a rotten job!!

 

[EdwardBaiamonte]

. Explain the control mechanism again.

dear, the Fed controls the money supply in many many ways. Why not use google to learn them?????

 

[Toddsterpatriot]

. Explain the control mechanism again.

dear, the Fed controls the money supply in many many ways. Why not use google to learn them?????

the Fed controls the money supply in many many ways.

So you claim. And still can't prove.

 

[EdwardBaiamonte]

. Explain the control mechanism again.

dear, the Fed controls the money supply in many many ways. Why not use google to learn them?????

the Fed controls the money supply in many many ways.

So you claim. And still can't prove.

too stupid!! why not read the Federal Reserve Act and learn all the ways

 

[Toddsterpatriot]

. Explain the control mechanism again.

dear, the Fed controls the money supply in many many ways. Why not use google to learn them?????

the Fed controls the money supply in many many ways.

So you claim. And still can't prove.

too stupid!! why not read the Federal Reserve Act and learn all the ways

You could just admit your error.

 

[eagle1462010]

 

[EdwardBaiamonte]

. Explain the control mechanism again.

dear, the Fed controls the money supply in many many ways. Why not use google to learn them?????

the Fed controls the money supply in many many ways.

So you claim. And still can't prove.

too stupid!! why not read the Federal Reserve Act and learn all the ways

You could just admit your error.

too stupid!! why not read the Federal Reserve Act and learn all the ways the Fed can control the money supply.