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funny
The impartial Federal Reserve.
submitted 3 years ago by [deleted] from files.catbox.moe
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[–]zyxzevn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (3 children)
Is it the interest rate? If it is, the Federal reserve determines it themselves. The rate is also different for internal bank-systems and external systems.
The rate decreases when the spending goes up. This way a constant debt-flow is created to the federal reserve. Maybe the debt is kept at constant growth. So it is no use reducing the debt, until the Federal reserve has been dismantled.
[–]danuker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (2 children)
What happens to the interest if the Fed disappears?
I guess keep printing until there exists enough money to pay it?
[–][deleted] 3 years ago (1 child)
[deleted]
[–]danuker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
the fed lowered their rate and the market went the other way.
Could you please show me the exact data series on this (such as on the FRED website)? I don't even know what to search for.
This means banks failed to compete and exhibited cartel-like behavior, correct?
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[–]zyxzevn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (3 children)
[–]danuker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–][deleted] (1 child)
[deleted]
[–]danuker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)