what so bad about socialism

[EdwardBaiamonte]

they could easily double prices

How?

Quantitive easing 4, 5, 6, 7, 8, 9, 10 or any other they wanted as per section 13(3). Sorry.

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

 

[Toddsterpatriot]

they could easily double prices

How?

Quantitive easing 4, 5, 6, 7, 8, 9, 10 or any other they wanted as per section 13(3). Sorry.

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

 

[Andylusion]

they could easily double prices

How?

Quantitive easing 4, 5, 6, 7, 8, 9, 10 or any other they wanted as per section 13(3). Sorry.

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

 

[Toddsterpatriot]

they could easily double prices

How?

Quantitive easing 4, 5, 6, 7, 8, 9, 10 or any other they wanted as per section 13(3). Sorry.

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Holy bad math, Batman!


Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

You know that the banking system can't use up reserves, right?

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem.

QE took Treasury securities off the banks balance sheets.

The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

What deposits? And what does "allow" have to do with a bank putting a deposit on their books?

However, the treasury didn't want them pulling the money out, and making loans

They would LOVE banks to loan that money out. Low rates are what borrowers like.

The problem..... is that there really isn't an exist strategy at the moment.

Exit strategy for what?

Nor is there any way to recoup the costs of those interest payments to the banks.

Ummmm....the banks get 0.25% and the Fed used that money to buy bonds paying 2%-4%.

The fed would then have to pay out those funds, which right now it can't.

Wow, you really don't understand how this stuff works!!

and even pay the bank for having the assets the Fed gave them..

The Fed didn't give any bank an asset.

 

[EdwardBaiamonte]

Quantitive easing 4, 5, 6, 7, 8, 9, 10 or any other they wanted as per section 13(3). Sorry.

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Holy bad math, Batman!


Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

You know that the banking system can't use up reserves, right?

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem.

QE took Treasury securities off the banks balance sheets.

The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

What deposits? And what does "allow" have to do with a bank putting a deposit on their books?

However, the treasury didn't want them pulling the money out, and making loans

They would LOVE banks to loan that money out. Low rates are what borrowers like.

The problem..... is that there really isn't an exist strategy at the moment.

Exit strategy for what?

Nor is there any way to recoup the costs of those interest payments to the banks.

Ummmm....the banks get 0.25% and the Fed used that money to buy bonds paying 2%-4%.

The fed would then have to pay out those funds, which right now it can't.

Wow, you really don't understand how this stuff works!!

and even pay the bank for having the assets the Fed gave them..

The Fed didn't give any bank an asset.

trying to handle 12 subjects at once is really really stupid!!!

 

[Toddsterpatriot]

If they can easily double prices, why the need for more than one QE?
You must be confused.

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Holy bad math, Batman!


Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

You know that the banking system can't use up reserves, right?

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem.

QE took Treasury securities off the banks balance sheets.

The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

What deposits? And what does "allow" have to do with a bank putting a deposit on their books?

However, the treasury didn't want them pulling the money out, and making loans

They would LOVE banks to loan that money out. Low rates are what borrowers like.

The problem..... is that there really isn't an exist strategy at the moment.

Exit strategy for what?

Nor is there any way to recoup the costs of those interest payments to the banks.

Ummmm....the banks get 0.25% and the Fed used that money to buy bonds paying 2%-4%.

The fed would then have to pay out those funds, which right now it can't.

Wow, you really don't understand how this stuff works!!

and even pay the bank for having the assets the Fed gave them..

The Fed didn't give any bank an asset.

trying to handle 12 subjects at once is really really stupid!!!

You can't even handle one.

So are you ever going to explain how the Fed can easily double prices?
Since you think they have total control of money supply growth.

Or have you given up?

 

[EdwardBaiamonte]

dear, they double every 10-15 years or so without 13 (3). Why persist in being stupid long after you've lost??

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Holy bad math, Batman!


Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

You know that the banking system can't use up reserves, right?

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem.

QE took Treasury securities off the banks balance sheets.

The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

What deposits? And what does "allow" have to do with a bank putting a deposit on their books?

However, the treasury didn't want them pulling the money out, and making loans

They would LOVE banks to loan that money out. Low rates are what borrowers like.

The problem..... is that there really isn't an exist strategy at the moment.

Exit strategy for what?

Nor is there any way to recoup the costs of those interest payments to the banks.

Ummmm....the banks get 0.25% and the Fed used that money to buy bonds paying 2%-4%.

The fed would then have to pay out those funds, which right now it can't.

Wow, you really don't understand how this stuff works!!

and even pay the bank for having the assets the Fed gave them..

The Fed didn't give any bank an asset.

trying to handle 12 subjects at once is really really stupid!!!

You can't even handle one.

So are you ever going to explain how the Fed can easily double prices?
Since you think they have total control of money supply growth.

Or have you given up?

why not tell us who controls the money supply if not the Fed

 

[Toddsterpatriot]

Great. So what does the Fed need to do to easily double prices, now?

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

The ploy has worked. Banks kept the deposits at the Federal Reserve, and did not spend them or withdraw them, because of the payments the Fed has made.

The purpose of this seemingly pointless exercises, was to prevent them from going bankrupt due to a loss of reserves. This was in reference to AIG. AIG never had a money flow problem. Nor did they have a lack of operating revenue. The primary issue at AIG, was that the reserves that AIG held against against it's liabilities, was unfortunately tied to mortgage backed securities, which unfortunately was tied to the housing market, which as you know dropped in value.

The loss of value of the reserves, meant that AIG broke the capital reserve requirements, triggering the crisis and bailout. (which was not required. Bankruptcy court would have handled it just fine).

But the point was that AIG never had a money problem. It was a collateral problem. The value of the assets backing the transaction drastically fell in value, upsetting the entire system.

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem. The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

However, the treasury didn't want them pulling the money out, and making loans, or investing in real assets with the money either, because flooding the market with tons of new cash, would result in the inflation described prior.

So instead, the Fed started paying the bank a small but significant amount, to keep the funds on deposit at the Reserve and not use them. Additionally, the Dodd-Frank bill also increased capital requirements, but made an exception that Federal Reserves counted towards those Capital requirements.

This kept the banks from flooding the market, driving up costs with massive inflation.

The problem..... is that there really isn't an exist strategy at the moment. Nor is there any way to recoup the costs of those interest payments to the banks. Once the market comes back, banks could very well realize they could make more money investing with decent rates of return, over holding the money at the Fed. The fed would then have to pay out those funds, which right now it can't.

But actually the much bigger problem, is the moral hazard this has created. Banks have less reason than ever before, to be prudent and fiscally responsible. Now that they know the Fed is more than willing to make up false assets, and dump them on banks balance sheets, and even pay the bank for having the assets the Fed gave them..... why would they ever consider how risky an investment is? Government will bail us out, and it costs them nothing, with phantom assets.

The fed has manipulated the situation, by paying banks a substantial amount of interest on deposits with the Fed.

Holy bad math, Batman!


Currently, they have masterfully played a numbers game, by depositing as reserves into the banks accounts, money that they do not want them to use, and kept them from using it, by paying them money to keep those reserves there.

You know that the banking system can't use up reserves, right?

The main purpose of the QE was to place Treasury assets on the banks balance sheets, to prevent them from having a collateral problem.

QE took Treasury securities off the banks balance sheets.

The Treasury allowed them to place these deposits on the books, to avoid any failure of maintaining collateral backing.

What deposits? And what does "allow" have to do with a bank putting a deposit on their books?

However, the treasury didn't want them pulling the money out, and making loans

They would LOVE banks to loan that money out. Low rates are what borrowers like.

The problem..... is that there really isn't an exist strategy at the moment.

Exit strategy for what?

Nor is there any way to recoup the costs of those interest payments to the banks.

Ummmm....the banks get 0.25% and the Fed used that money to buy bonds paying 2%-4%.

The fed would then have to pay out those funds, which right now it can't.

Wow, you really don't understand how this stuff works!!

and even pay the bank for having the assets the Fed gave them..

The Fed didn't give any bank an asset.

trying to handle 12 subjects at once is really really stupid!!!

You can't even handle one.

So are you ever going to explain how the Fed can easily double prices?
Since you think they have total control of money supply growth.

Or have you given up?

why not tell us who controls the money supply if not the Fed

I already told you. Did you forget already?

 

[EdwardBaiamonte]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

 

[Toddsterpatriot]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

 

[EdwardBaiamonte]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

 

[Toddsterpatriot]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

 

[EdwardBaiamonte]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

 

[Toddsterpatriot]

I already told you. Did you forget already?

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

 

[EdwardBaiamonte]

yes so who controls the money supply if not the Fed and what makes you think they control it????

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

 

[Toddsterpatriot]

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

M2 includes a broader set of financial assets held principally by households. M2 consists of M1 plus: (1) savings deposits (which include money market deposit accounts, or MMDAs); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market mutual funds (MMMFs). Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits, and retail MMMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.

Let me know if this is too complicated for you, I'll be happy to try to simply it so you can understand.

 

[Toddsterpatriot]

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

M1 includes funds that are readily accessible for spending. M1 consists of: (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) traveler's checks of nonbank issuers; (3) demand deposits; and (4) other checkable deposits (OCDs), which consist primarily of negotiable order of withdrawal (NOW) accounts at depository institutions and credit union share draft accounts. Seasonally adjusted M1 is calculated by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately.

Still confused?

 

[Toddsterpatriot]

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

The series equals total balances maintained plus currency in circulation.

Ringing any bells yet?

 

[Toddsterpatriot]

You forgot already? Or you didn't understand my explanation?

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

Reserve balances with Federal Reserve Banks are the difference between "total factors supplying reserve funds" and "total factors, other than reserve balances, absorbing reserve funds." This item includes balances at the Federal Reserve of all depository institutions that are used to satisfy reserve requirements and balances held in excess of balance requirements. It excludes reserves held in the form of cash in bank vaults, and excludes service-related deposits

Let me know when you're ready for your lesson to continue.

 

[EdwardBaiamonte]

yes so who controls the money supply if not the Fed and what makes you think they control it????

What makes you think the Fed controls it?
For instance, what did the Fed do during the Great Depression to shrink money supply by 1/3rd?

why try to change subject????
so for 4th time who controls the money supply if not the Fed and what makes you think they control it????

It's slow work trying to educate you.
I'd rather not hold your hand, you're not a child, are you?
Did you ever learn what makes up money supply?
For instance, what makes up M2?

why try to change subject????
so for 5th time who controls the money supply if not the Fed and what makes you think they control it????

The series equals total balances maintained plus currency in circulation.

Ringing any bells yet?

wow you seem like such a smart guy....... so why are you trying so hard to change subject??
so for 6th time who controls the money supply if not the Fed and what makes you think they control it????