quote:

Originally posted by ******** What about the dividens? To the stockholder banks? Also is an expense, the interest the fed gives to banks who store funds in it?

the dividenDs are locked at 6.5% (i believe), and yes that's part of the costs. nobody is going to store billions or trillions of dollars for free, there's nothing wrong with how it works. the member banks all have stock that makes 6.5% (or thereabouts) regardless of any decisions made by the fed.

what part of this aren't you grasping? every country has a central bank setup in exactly the same way, with private banks being part of the federal agency, the board of directors, who oversee all activity carried out by the fed.

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Originally posted by DOOMBOT

yeah, that's what i thought. you indicated quite well in the COR thread that you have absolutely no idea about economics. go get a degree you fucking fraud.

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Originally posted by pkcRAISTLIN yeah, that's what i thought. you indicated quite well in the COR thread that you have absolutely no idea about economics. go get a degree you fucking fraud.

Yeah, I'm going to go get a degree in economics, economics which have failed this country and many others. What a fucking waste of money that would be.

but yeah, you're outlook on the Fed and how they operate is hilarious. Keep posting, I'll continue eating the popcorn!

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Originally posted by DOOMBOT Yeah, I'm going to go get a degree in economics, economics which have failed this country and many others.

You mean the economic system which has created a middle class, lifted millions out of poverty, created more millionaires and billionaires than ever, raised the standard of living for even the poorest of people, and top that all off, historically has expanded 65-70% of every year since 1928...that system? The point is, you don't know what you'r talking about...

quote:

Originally posted by DOOMBOT Yeah, I'm going to go get a degree in economics, economics which have failed this country and many others. What a fucking waste of money that would be. but yeah, you're outlook on the Fed and how they operate is hilarious. Keep posting, I'll continue eating the popcorn!

we're still waiting for you to explain to us what the fed does.

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So quoting from the Federal Reserve's reports are off-limits but Wikipedia and Youtube are still infallible? Just checking.

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Originally posted by ******** What is your savings account interest rate?

well, up until the financial crisis it was above 7%, but that's irrelevant. you're thinking of things far too narrowly. the question you should really be asking is

what are the % rates of return for any of the million different investment options available to banks, other than holding stock in the fed?

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Originally posted by ******** Only 10% of the money that exists needs to exist, the rest is booked.

so what?

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Originally posted by ******** Oh and BANKS DO, that is part of how they make money - first they store it then they give it to other people before you ask for it again.

so what?

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Originally posted by ******** These banks of course pay taxes but still the US is probably loosing close to 60% tax revenue on the setup, which instead goes to large US banks. Basically it is a method which allows banks to control US economic policy to a large extent rather than the government.

this is absolutely untrue and i see no reason to continue reading your drivel. you repeatedly prove you don't understand how the fed works or what they do.

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Originally posted by Lebezniatnikov So quoting from the Federal Reserve's reports are off-limits but Wikipedia and Youtube are still infallible? Just checking.

The US treasuries numbers and simple mathematics can easily tell you that what the FED is telling you is simply not true. Check all you want, you do not need youtube or wikipedia links.

I was just making it easier for the sheep to understand. Posting links form the federal reserve website shows that you clearly do not know what the fuck you are talking about and only believe what they say at face value.

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Originally posted by pkcRAISTLIN now i know why they dont teach economics to 5 year olds. hey cretinrot, have you actually met a conspiracy you didnt like?

Apparently you do not understand the banking system or math. Can you provide a link to where the 2 Trillion or so dollars has gone since the US treasury has only reported a return of 500 Billion dollars as of 2008 from the federal bank?

If you cannot I suggest you stop talking out of your ass and go get an education you fucking troll.

Oh geez.

The entire government is involved in a vast conspiracy to bring down the world trade center, but the kabal of global bankers plotting to take over the world can't touch wikipedia, the conduit of truth to the people.

Logical.

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Originally posted by culorut go get an education you fucking troll.

Rich.

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Originally posted by Lebezniatnikov Oh geez. The entire government is involved in a vast conspiracy to bring down the world trade center, but the kabal of global bankers plotting to take over the world can't touch wikipedia, the conduit of truth to the people. Logical.

No you can just read it from the US treasuries 2008 balance sheet. No wikipedia or youtube needed you fucking retard.

http://www.fms.treas.gov/mts/mts1108.pdf