Topic: The Fed: Who ya gonna believe, me or your own eyes? (Read 435 times)
That's actually an insane amount of money the fed opted to dump into the market, not really sure how they're going to justify a quarter of a trillion entering the economy since the start of the year, but I really do see how Bitcoin maintains the appeal of keeping a fair amount of your wealth intact through everything happening on the outside.
Well let's just hope that they won't see bitcoin as a real threat to the existing financial system. They do have the capability to hamper operations. A lot of us still convert bitcoin to fiat to buy stuff. If they decide that they don't want bitcoin they can just tell the bank to stop transacting with btc. Unfortunately we haven't gone to the point where we can use btc to buy essentials. The tx is high enough to not bother using it for microtransactions.
I guess this is the same everywhere. Even in my country, everyone's born with debts amounting to thousands. Sigh. We really need to rid ourselves of they yoke. Bitcoin looked promising but it also seem to be having problems now.
he can't control the FED because the FED is not a gov. institution. Their goal in maintaining the stability of the financial system and providing financial services to depository institutions is far to be the reality ! They are buying the debt of USA and monetizing it on the ass of the americans citizen, boosting the supply of money while raising its price. Who born with a debt of 50k$ the day 1, without doing anything... "on autopilot". The sad thing is the US can't get rid of this peace of shit, no matter who is the president in
I guess this is the same everywhere. Even in my country, everyone's born with debts amounting to thousands. Sigh. We really need to rid ourselves of they yoke. Bitcoin looked promising but it also seem to be having problems now.
It looks like even CNBC is getting alarmed: http://www.cnbc.com/2017/03/20/op-ed-the-feds-stealthy-qe-267-billion-of-fresh-liquidity-injected-since-mid-january.html
Bitcoin was not an accident!
Bitcoin was not an accident!
I bet their concerns are genuine and they should brace up themselves for s global financial freedom when Bitcoin really escalates yo every nook and cranny of the world. The various governments should rather seek other sources of funding and stop those huge tax impositions because the click is ticking against them!
he can't control the FED because the FED is not a gov. institution. Their goal in maintaining the stability of the financial system and providing financial services to depository institutions is far to be the reality ! They are buying the debt of USA and monetizing it on the ass of the americans citizen, boosting the supply of money while raising its price. Who born with a debt of 50k$ the day 1, without doing anything... "on autopilot". The sad thing is the US can't get rid of this peace of shit, no matter who is the president in
If the FED will want to kill bitcoin, they can blackmail banks worldwide the revocation of the licence for carrying out transactions with the dollar. What do you think will choose banks? he can't control the FED because the FED is not a gov. institution. Their goal in maintaining the stability of the financial system and providing financial services to depository institutions is far to be the reality ! They are buying the debt of USA and monetizing it on the ass of the americans citizen, boosting the supply of money while raising its price. Who born with a debt of 50k$ the day 1, without doing anything... "on autopilot". The sad thing is the US can't get rid of this peace of shit, no matter who is the president in
I don't think you have any idea what you're talking about. The FED exists purely to ensure that the value of the dollar doesn't crash or soar. They have prevented the dollar from becoming worthless like in the Great Depression. You say that they are far from their goal, they actually are doing very well right now... The American economy is very healthy, so healthy in fact that they have been raising the discount rate in order to keep it under control. The reason they buy and sell treasury bonds is to keep/give away money, not to "monetiz[e] it on the ass of the americans citizen." The FED does not exist to make money, they exist to keep money from becoming worthless. You also say that it is bad that the President doesn't have control over the FED, I hope you realize that was by design. If the President controlled the FED then they would control the nation's money supply, this would be a huge danger and would give the President way too much power.
You really need to read up on your economics before you decide to bag on one of the most important entities in the entire nation...
he can't control the FED because the FED is not a gov. institution. Their goal in maintaining the stability of the financial system and providing financial services to depository institutions is far to be the reality ! They are buying the debt of USA and monetizing it on the ass of the americans citizen, boosting the supply of money while raising its price. Who born with a debt of 50k$ the day 1, without doing anything... "on autopilot". The sad thing is the US can't get rid of this peace of shit, no matter who is the president in
It looks like even CNBC is getting alarmed: http://www.cnbc.com/2017/03/20/op-ed-the-feds-stealthy-qe-267-billion-of-fresh-liquidity-injected-since-mid-january.html
Bitcoin was not an accident!
Bitcoin was not an accident!
The world financial system exists only because of those injected paper money ,which keep all the banks safe.
Bitcoin doesn`t need any financial liquidity injections.
Trump can`t change anything,he can`t control FED.The central bankers are Gods.
It looks like even CNBC is getting alarmed: http://www.cnbc.com/2017/03/20/op-ed-the-feds-stealthy-qe-267-billion-of-fresh-liquidity-injected-since-mid-january.html
Bitcoin was not an accident!
Bitcoin was not an accident!
Jump to: