federal reserve

The Federal Reserve (known informally as "The Fed") was created in 1913 when President Woodrow Wilson signed the Federal Reserve Act into law, which effectively centralized America’s banking system. The Board of Governors is the presidentially appointed governing body.

The Federal Reserve has four basic functions, though it provides a variety of services to the United States Government. First, it influences market conditions by regulating national interest rates. Second, it supervises banking institutions and safeguards consumer credit rights. Third, it attempts to stabilize financial markets that would otherwise undermine the economic stability of the United States. Finally, it offers a variety of financial services to U.S. and internationally recognized foreign institutions.

The Federal Reserve also controls the discount rate (a basic interbank lending rate), and has the power to bail out major corporations, pending congressional approval - a power that is, however, highly contested in the political discourse.

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Latest blogosphere posts tagged “federal reserve”

• Before the bell: Futures higher ahead of retail sales data

  
  BloggingStocks — Authority: 659
  Filed under: Before the bell , International markets , General Motors (GM) , Market matters , Japan , Economic data , Federal Reserve U.S. stock futures followed global markets higher Monday morning as Japan announced its economy grew at a faster-than-expected pace and governments around the world said they ...
  2 hours ago

• Monday Open Thread: Federal Reserve Edition

  
  Big Government — Authority: 811
  Today, in 1914, the Federal Reserve officially opened for business. What a weird, strange trip it’s been…
  2 hours ago

• Origins of the Federal Reserve

  
  Wall Street Pit — Authority: 638
  Mises Daily: by Murray N. Rothbard[This article originally appeared in Quarterly Journal of Austrian Economics, Vol. 2, No. 3 (Fall 1999), pp. 3–51. It is also reprinted in A History of Money and Banking in the United States and as a monograph.]The Progressive MovementThe Federal Reserve Act of...
  2 hours ago

• Federal Reserved Supplying $2,176 Billion To Banking System

  
  BASIL & SPICE--FINANCIAL WELL BEING — Authority: 130
  John M. Mason- This is the fourth month that I have posted something about the performance of the Federal Reserve with respect to their exit strategy, the strategy it is following to remove the massive amount of reserves it put into the banking system in 2008 and beyond. On November 11, 2009, the Fed was supplying ...
  3 hours ago

• China Lambastes US for Fueling Global “Carry Trade”

  
  Fuck Bankers — Authority: 168
  What a difference seven years makes. No one had a problem with Japan having super low interest rates and stoking a global carry trade, nor with the US running overly loose monetary policy that led to a real estate bubble that spread its impact beyond our borders via the creation of toxic mortgage product sold far and ...
  7 hours ago

• China Lambastes US for Fueling Global “Carry Trade”

  
  Gulag Blog — Authority: 168
  What a difference seven years makes. No one had a problem with Japan having super low interest rates and stoking a global carry trade, nor with the US running overly loose monetary policy that led to a real estate bubble that spread its impact beyond our borders via the creation of toxic mortgage product sold far and ...
  7 hours ago

• China Lambastes US for Fueling Global “Carry Trade”

  
  naked capitalism — Authority: 744
  What a difference seven years makes. No one had a problem with Japan having super low interest rates and stoking a global carry trade, nor with the US running overly loose monetary policy that led to a real estate bubble that spread its impact beyond our borders via the creation of toxic mortgage product sold far and ...
  7 hours ago

• Looks like China is tired of the FED - US Gov. $$$ FRAUD -

  
  InvestmentWatch — Authority: 450
  “Chinese official says low U.S. rates dangerous Combined with faltering dollar, a threat is posed to global recovery The Associated Press updated 12:18 p.m. CT, Sun., Nov . 15, 2009 “BEIJING - China’s top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in ...
  10 hours ago

• FT: China says Fed policy threatens global recovery

  
  TitusOneNine — Authority: 591
  Since the start of the financial crisis, Chinese officials have issued a number of warnings that the US should not inflate away its mounting debt burden. Before these latest comments, however, Beijing had generally been most critical of US fiscal policy, urging Washington to spend less. But speaking at a conference ...
  10 hours ago

• China slams U.S. for inflating global asset prices via carry trade

  
  Credit Writedowns — Authority: 666
  On the eve of U.S. President Barack Obama’s visit to China, a major Chinese official has criticized U.S. monetary policy in unusually harsh language. Liu Mingkang, China Banking Regulatory Commission chairman said the zero interest rate policy of the U.S. Federal Reserve posed a “new systemic risk.” Liu, using ...
  14 hours ago

• No Country for Gold Men

  
  Count Us Out — Authority: 151
  “Anyone wishing to participate in the heady gold rally should therefore consider the following- it isn’t the price of gold that is worth watching, but rather the value.” By Chan Akya11/15/2009I don’t think the question really is what is gold worth but what are currencies not worth. – Shayne McGuire, ...
  15 hours ago

• Murray Rothbard–Videos

  
  Pronk Palisades — Authority: 433
  The Future of Austrian Economics   The Founding of the Federal Reserve   John Maynard Keynes: Hero or Villain? Part 1   John Maynard Keynes: Hero or Villain? Part 2   John Maynard Keynes: Hero or Villain? Part 3   John Maynard Keynes: Hero or Villain? Part 4   ...
  16 hours ago

• CNBC – Dollar Will be Utterly Destroyed & There will be Global Currency

  
  Fuck Bankers — Authority: 168
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  17 hours ago

• CNBC – Dollar Will be Utterly Destroyed & There will be Global Currency

  
  Gulag Blog — Authority: 168
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  17 hours ago

• Obama And The Democrats SELLING OUT AMERICA To The “One-World Government” !

  
  Fuck Bankers — Authority: 168
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  17 hours ago

• Obama And The Democrats SELLING OUT AMERICA To The “One-World Government” !

  
  Gulag Blog — Authority: 168
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  17 hours ago

• The Great Lie: Jobs and economic growth

  
  Re: The People — Authority: 128
  It is the LIE that killed Detroit.It is killing California.It is killing Florida.It is killing Puerto Rico.It is turning Michgan into a wasteland of abandoned factories and $12,000 homes.The lie is the assertion that there can be no creation of jobs without economic growth.And, that lie will be on full display during ...
  20 hours ago

• Pot Meet Kettle: China Blasts Bernanke For Promoting Another Asset Bubble Via Dollar Carry Trade

  
  zero hedge — Authority: 771
  The dollar carry debate just got serious. Because when the biggest blower of liquidity-driven asset bubbles, promoter of casino markets, distributor of made up economic results, goal-seeked GDP data, erector of ghost towns and various other imaginary economic artifacts (i.e., China) accuses you (or in this case Ben ...
  21 hours ago

• "Israel--NOT Muslims-- DID 9/11"

  
  Goon Squad — Authority: 424
  Is the only one with CAJONES a frail, elderly old man? Keep your eyes and whats left of your brain on the designated boogieman Muslims, since theyve been the designated patsies since the 9/11 False-Flag. Dont pay ANY attention to Wall Street Banks robbing us blind and laughing about those HUGE bonuses they took from ...
  1 day ago

• Zero rates means there is something very, very wrong.

  
  InvestmentWatch — Authority: 450
  Japan has been in a zero rate crisis for over 2 decades during which time it has watched its stock market collapse in price by 80% and real estate fall by around the same amount. Low interest rates provide no solution whatsoever, and they are evidence of a very serious disease with an economy. Low interest rates are ...
  1 day ago

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