For the sake of argument, let's assume that the Fed in New York had been 'taken out" by terrorists. What would be the consequences for the US and the world?

In practise it would be impossible to "take out" the Fed - only the US government can do it. It's a large organization, and most people working for it can be replaced quickly. The Fed does not really depend on any concrete infrastructure that much. It's like the attack on the Pentagon - the way the MoD works was never really hampered even though a large part of the building was destroyed. I suppose you could somehow steal all the gold (maybe George Clooney could do it) but that would probably not change that much concerning the way the Fed works.

Originally posted by KazetNagorra
In practise it would be impossible to "take out" the Fed - only the US government can do it. It's a large organization, and most people working for it can be replaced quickly. The Fed does not really depend on any concrete infrastructure that much. It's like the attack on the Pentagon - the way the MoD works was never really hampered even though a large ...[text shortened]... could do it) but that would probably not change that much concerning the way the Fed works.

I suppose you could somehow steal all the gold-KazetNagorra

Originally posted by utherpendragon

I suppose you could somehow steal all the gold-KazetNagorra

What are you talking about KN ? What gold ?!

So what effect would it have on the economy?

Originally posted by whodey
So what effect would it have on the economy?

Originally posted by KazetNagorra
What's "it"? An attack? Well, nothing, since the attack would be futile with respect to seriously hindering the operations of the Fed. What do you think would happen?

Originally posted by whodey
It is an obvious terrorist target. Remember 9/11? They tried the same thing years before and it failed the first time. This tells me that they may continue to target it until they are successful. Therefore, asking what benefit in terms of harming the country it will produce is a logical question I think. If it will cause systemic harm, perhaps they shoul ...[text shortened]... think about decentralizing the Fed so that not all of their eggs are in one basket so to speak.

Originally posted by joe beyser
You mentioned 911. If you really understand what happened there then I ask you what caused bldg 7 to collapse?

Originally posted by KazetNagorra
It was an obvious conspiracy, clearly there were many secret documents stashed in building 7. Otherwise, why would the government collapse the building long after it was already evacuated...?

Originally posted by joe beyser
If so then when were the explosives put in place?

Originally posted by KazetNagorra
Shortly after the Bilderberg group met with the UN.

Originally posted by KazetNagorra
It was an obvious conspiracy, clearly there were many secret documents stashed in building 7. Otherwise, why would the government collapse the building long after it was already evacuated...?

I have yet heard compelling evidence that attacking the Fed would do a great deal of harm to the economy. Would the loss of gold there destroy the economy?

Originally posted by whodey
I have yet heard compelling evidence that attacking the Fed would do a great deal of harm to the economy. Would the loss of gold there destroy the economy?