Federal Reserve system

@sh76 said
The libertarian hard-on for the Fed dates back to when The Donald was making bad reality TV and running real estate empires into the ground (and probably long before that).

Your assertion that it is only libertarians is nonsense. I can't believe you of all people would fall into kazet's ignorance. I voted for Jill Stein.

Do you think the share holders of the FRS should be made public? If we do not know who they are how will we know there is not a conflict of interest?

@metal-brain said
Trump has never said anything bad about the FRS except that he thinks interest rates should not be raised this much. Trump knows not to upset the FRS.

Of course, Trump does it his own way:

In an extraordinary series of attacks this week, Trump called the Fed “crazy,” “loco” and said it's “gone wild” with interest-rate hikes. And he blamed the central bank, in part, for the latest sharp decline in the stock market.

“I think the Fed is out of control,” he told reporters Thursday.

https://www.politico.com/story/2018/10/11/trump-federal-reserve-841681

@metal-brain said
Do you think the share holders of the FRS should be made public? If we do not know who they are how will we know there is not a conflict of interest?

Is this just a case of missing info of ownership (EDIT: or generel lack of transparency)?

Or do you really want to dismantle the Fed?

@metal-brain said
Your assertion that it is only libertarians is nonsense. I can't believe you of all people would fall into kazet's ignorance. I voted for Jill Stein.

Do you think the share holders of the FRS should be made public? If we do not know who they are how will we know there is not a conflict of interest?

https://www.washingtonexaminer.com/ron-paul-jill-stein-is-more-libertarian-than-gary-johnson

@lundos said
Of course, Trump does it his own way:

In an extraordinary series of attacks this week, Trump called the Fed “crazy,” “loco” and said it's “gone wild” with interest-rate hikes. And he blamed the central bank, in part, for the latest sharp decline in the stock market.

“I think the Fed is out of control,” he told reporters Thursday.

https://www.politico.com/story/2018/10/11/trump-federal-reserve-841681

All of Trump's economic policy seems focused on a strong stock market. All other economic aspects seem to be beyond the purview of his knowledge and/or care.

@lundos said
Of course, Trump does it his own way:

In an extraordinary series of attacks this week, Trump called the Fed “crazy,” “loco” and said it's “gone wild” with interest-rate hikes. And he blamed the central bank, in part, for the latest sharp decline in the stock market.

“I think the Fed is out of control,” he told reporters Thursday.

https://www.politico.com/story/2018/10/11/trump-federal-reserve-841681

All words, no action.

@lundos said
Is this just a case of missing info of ownership (EDIT: or generel lack of transparency)?

Or do you really want to dismantle the Fed?

The identities of the shareholders of the FRS is a closely guarded secret. I want the identities to be revealed so the public can determine if there is a conflict of interest.

I believe the shareholders of the FRS are the main shareholders of the big banks that were bailed out.

@sh76 said
https://www.washingtonexaminer.com/ron-paul-jill-stein-is-more-libertarian-than-gary-johnson

His comments were about foreign policy. It was a criticism of Gary Johnson and Stein is not even close to a libertarian and Ron Paul knows that.

@sh76 said
https://www.washingtonexaminer.com/ron-paul-jill-stein-is-more-libertarian-than-gary-johnson

Do you think the share holders of the FRS should be made public?

@metal-brain said
Do you think the share holders of the FRS should be made public?

There are no shareholders of the FRS.

@sh76 said
All of Trump's economic policy seems focused on a strong stock market. All other economic aspects seem to be beyond the purview of his knowledge and/or care.

As if Trump has any clue what leads to "a strong stock market." He just tweets when the stock market is up.

@no1marauder said
There are no shareholders of the FRS.

Yes there are.

@metal-brain said
Yes there are.

No, there really isn't. There are shareholders of the Reserve Banks, but not of the Fed itself. You are insisting on disclosure of something that is non-existent.

@no1marauder said
No, there really isn't. There are shareholders of the Reserve Banks, but not of the Fed itself. You are insisting on disclosure of something that is non-existent.

The FRS is privately owned. That is a fact.

Reserve banks are the fed itself. Hence the word "system". Any more myths you want to assert?

https://en.wikipedia.org/wiki/Federal_Reserve_Bank

@metal-brain said
The FRS is privately owned. That is a fact.

Reserve banks are the fed itself. Hence the word "system". Any more myths you want to assert?

https://en.wikipedia.org/wiki/Federal_Reserve_Bank

No, they are not as your article makes clear.