Brian Cheung of Yahoo Finance discusses the three main functions of the Federal Reserve including conducting the nation’s monetary policy,
making sure markets are financially stable and supervising and regulating financial institutions. Other topics he discusses are how the Federal Reserve was formed, interest rates and the Federal Open Market Committee (FOMC).
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So this is how the Fed works . We don’t need a 4 minute video to tell is how they work . They print dollars and manipulate interest rates . That’s all they do .
They loan(print) us debt and claim the assets. Easy.
They win you lose.
The greatest crime in human history
The federal reserve prints money for nothing and charges intertest to america.
Better title, learn how the federal reserve *says* it works… Doubt anyone trusts what these paid off news corporations say anymore.
Woodrow Wilson and the federal reserved were sparing like to heavy w ieght fighers..Woodrow defeated the federal reserved twice because it the feds got their way they would have all the power without the help of the government..Go back to old news paper clippings ..trash talk at the highest level..the cooky feds said: they will get it done..wilson: over my dead body…back and forth until Christmas eve when the snake slither into Congress unnotice..it you want to know the rest please check out the book (the creature from Jekyll island) you think you know who you are and the life you are supposed to live..this book ( in easy to understand words) will show you and everyone on this planet that we are nothing but pawns in the feds game..they made us take the blue pill.
Money is worth nothing… Keep on printing it…
How does it work by robbing your money. They make up fake loans fake account and charge you high interest that’s how they work.👿👿👿👹👺👺🖕🖕🖕🖕🖕🖕🖕🖕
The federal reserve is a private entity and has the power to overrule congress yet they are not even accountable for crimes they commit. So as far as the responsibilities of these bankers, Well let’s see they are responsible for stealing our country’s gold to start with. and they are responsible for the national debt and they run all governments with the power of our stolen money. It’s a criminal organization that should all be doing life in a cage.
All lies. The federal reserve ensures debt and wealth inequality.
I think you need proper education
@Kelvin Newton Mensah Can we educate each other with a civil discussion?
Personally my research has led me to understand when central banks controls interest rates, they control the expansion and contraction of the economy. That means there are people controlling the ups and downs of the economy. Do you trust that the Federal Reserve board members are all completely ethical philanthropists that would never share information about the expansion and contraction of the economy with their family and friends? If so, isn’t this a pretty good indicator of the rich getting richer at the expense of everyone else by issuing interest laden “debt” which puts people behind which leads to “wealth inequality”.
Please explain where to go to educate myself to dispel these myths above that many believe.
@Peter Sbinninya exactly like lets have an intelligent discussion
This kook said the federal reserve targets inflation. All they do is CREATE inflation. Lmfao
No, they can also reduce inflation, but that tends to slow down the economy and make life harder for many people, so it’s not an easy or popular measure to take.
The big banks own federal reserve stock, making them the shareholders.
The fed is a little busy right now
The Fed sets asset prices, not the market. Since 1980s, the Fed has lowered interest rates and since 2008 the Fed has done QE to reward the asset owner class by raising asset prices. *These artificially low interest rates and QE have caused the year/generation you were born in to determine whether you are able to own a home and generate wealth* . The older generations bought homes for 1-2 times median income and bought stocks at 8 times PE ratios in the 1980s because asset prices were low because Volker set interest rates high. Then these people road the Greenspan, Bernanke, Yellen and Powell puts and became rich as their homes and stock portfolios increased +10% a year. *They became rich because they were simply born at the right time* . But the asset non-owner underclass (millenials and poor boomers who didn’t accumulate assets in 1980s) deal with housing at 8-10 times median income (because wages didn’t increase since 1980s), a bubble stock market that only went up because of QE and low interest rates. It is a shame that 99% of people have no idea that monetary policy and not fiscal policy deserves most of the blame. Eventually the asset non-owner underclass will revolt by electing an MMT president, who will inflate away the asset bubbles and make housing affordable again (and cause a depression in the process). Please spread the word so people can understand this and we can have a change in monetary policy. This is not a left vs. right thing, it affects all of us.
Vulgar Austrian Alert.
@Bill Zhao What is a ‘Vulgar Austrian’?
NONE of these tools mentioned the fact that the Fed PRINTS $ ON BEHALF OF US & charges US to do so; which gives THEM (NOT US) control over our $ supply…AND WE PAY FOR IT!! In other words, THE BANKERS OWN & RUN AMERICA. THEY won’t tell you this because they’re just media tools. All of that gibberish they spewed was of ZERO IMPORTANCE. Just what these TOOLS were told they CAN say. Pathetic
LMAO
Lmao
This guy’s good
Who were those men on jeckel island that drafted the bill Woodrow signed?
Some of their names are public. Morgan something I forgot lol read the creature from jeckel island
Please explain how the Fed Reserve print (produce) more USD without affecting the exchange rate of USD against other currencies like AUD, JPY etc?
The Federal Reserve has the authority to print more United States dollars, but it does not necessarily lead to an immediate impact on the exchange rate of USD against other currencies like AUD, JPY, etc. The exchange rate is determined by the supply and demand of currencies in the foreign exchange market, which is influenced by various factors such as economic conditions, interest rates, and geopolitical events.
When the Federal Reserve prints more dollars, it increases the money supply in the economy, which can lead to inflation if there is too much money chasing too few goods and services. However, if the increase in the money supply is matched by an increase in the production of goods and services, then inflation may not occur. In this case, the exchange rate may remain stable or even appreciate if the US economy is performing well.
Moreover, the Federal Reserve can influence the exchange rate indirectly through its monetary policy. For example, if the Fed raises interest rates, it can attract foreign investors to invest in US assets, which can increase demand for USD and strengthen its exchange rate. On the other hand, if the Fed lowers interest rates, it can reduce demand for USD and weaken its exchange rate.
In summary, the Federal Reserve can print more USD without affecting the exchange rate of USD against other currencies by managing the money supply and implementing appropriate monetary policies that support economic growth and stability.
“The Fed insures this the Fed insures that the Fed gives you money.” Meanwhile average American need to work 2 jobs to pay for basic necessities. And it is the companies and corporations that get bail outs and tax cuts (so they can buy back their shares). Sure yes, the Fed cares about you, not.
Who do you think pays for the salaries of the average American, dumb*ss.
We need to take this finance video off uTube and place it in the *Smithsonian* *Institute*n. Too much shlit has hit the fan approx 9 months later that has _”Covid19 changed the game”_ and possibly even the known structure of the Federal Reserve.
* We now have a frostbite gangrene tanked economy percolating from low (cool) to high (hot) every 3 days until the Federal Reserve System will start _”losing some blackened toes”_ in the *1910* originated foundation.
* We suddenly have a mysterious *coin* *shortage* around The World. Did America finally “top off” all of its 5gallon *Sparklett’s* *Water* Bottles with Pennies? Why don’t you just tell us the truth that *Bitcoin* and FaceBook’s *Libra* currency are about to become household names to Millennials.
* Did you hear how high the Asian Wiz Kid say the *Interest* *Rate* was? If that were true today, we could all open some _”CD’s”_ in the bank like our Grandmother’s used to do (My *Granny* would hit the *99cents* *Store* with her earned interest and buy 3 weeks worth of groceries & cleaning supplies).
* Let me sign off with a joke and a question. I just saved a ton of doe with GEICO (it was so easy a Cave Man could do it). Was it true *John* *Wayne* got 500.00 a piece for saying two words, ” *Great* *Western* “?
Fed has a button. It is connected to many bank accounts. When the FED presses the button, another zero is added to the end of the balances.
THEY STEAL YOUR WEALTH THROUGH INFLATION BY DEVALUING THE DOLLAR. THEY PRINT MONEY AND RIG INTEREST RATES TO FUNNEL MONEY TO THE ULTRA RICH AT THE EXPENSE OF THE MIDDLE AND LOWER CLASSES. THEY ARE CRIMINAL. THIS IS TREASON AND THESE BANKERS SHOULD BE EXECUTED!
They print digital money, rig interest rates so the bankers get rich while the countries people get poor. The FED is a private bank and a criminal banking cartel
Yeah, it’s amazing that it has a mandate from Congress. To rob people of their money and push the bills on others and future generations. The first thing you need to know about the Fed is that It’s the same people who run it that run the biggest banks. Whenever these guys destroy the economy by taking on new massive debt speculations (which anyone responsible would never do) they pass the bill onto the The US Treasury (led by one of their own) and the president. And then they restart. Now, if you fall for this once it is understandable…
So the federal reserve is neither federal…. Not a reserve
It’s one of the biggest scams on the American people along with 9/11 and Covid-19. It’s all leading us into a New World Order, which coincidentally is printed in Latin on a dollar bill.
If you look at economic data over the last 9 nine years, particularly inflation/CPI data, you will see unmatched stability (0-3%) as far back as 1914. Now for sure new tools are being utilized unseen before 2012 to create such conditions. The question is, which tools, and how much human agency is being stripped away? If you look at how for instance precious metals were lowered in price dramatically from 2013 – 2015, and how financiers sold them with rigor. How Trump took office in early 2017 and inflation halted from a 2.7% high. Illnesses, from a personal level, and living costs skyrocketing in early to mid 2018, inflation yet again teetering on 3%. And, early 2020 inflation rearing its head again to be drowned by COVID-19. Questions start to arise. For sure the last 4-5 years have been obscure, to say the least.
I’m gonna say it
Private central banks are behind nearly all wars in modern history and political assassinations, including those of Lincoln and Kennedy.
They do not exist to serve any people, community or nation. Only their owners.
Their agenda is simple. It is the enslavement of every man, woman and child on this Earth.
The path to world peace lies in the abolishment of all central banking systems.
We are entering a time in human history where we need to recognize the TRUE history. Otherwise we are bound to repeat history, where we will inevitably find ourselves in a nuclear World War which will be more devastating than anything the world has ever seen.
guys youtube hates this “Search for The Century of enslavement” by Corbett report download it and share it
Also search for Money masters and “American Dream Cartoon”
These are the true documentaries regarding money . .
these people in yahoo cnn and other MSM are establishment clowns just farting lies on our face 🙂
Netanyahu finance
The federal reserve has turned money into an absolute joke. REAL MONEY should represent TRUE VALUE, which has been attained by means of the creativity, intelligence and industriousnous of the American working population. Nowadays, so-called “money” can be produced simply by a key-stroke on a computer keyboard, which could just as easily be attained by the actions of an ape randomly pressing his finger or toe on a keyboard. We are living in unprecidented times of insanity and the sooner this insanity ends the better.
It’s a sham to control the people
END THE FEDERAL RESERVE
Well according to what the guy stated about what the FR does I would have to say that after over 100 years of existence its ability to keep the Market from imploding or simply controlling inflation is proff that at the very least it needs some type of adjustment in what it can do and even mayhap its powers be vastly reduced as it did not prevent the Great Depression nor any of the Recessions and financial disasters like 2008 that have occurred. Mayhap it ought to have prosecutorial and punishment powers so that when we have another 2008 mess they can put all the evil doers in jail.
No the FED has one main policy to destroy the American people
💸💰💸
They are evil.
The secret meeting on Jekyll Island in Georgia at which the Federal Reserve was conceived; the birth of a banking cartel to protect its members from competition; the strategy of how to convince Congress and the public that this cartel was an agency of the United States government.–…were seven men who represented an estimated one-forth of the total wealth of the entire world.
1. Nelson W. Aldrich, Republican “whip” in the Senate, Chairman of the National Monetary Commission, business associate of J.P. Morgan, father-in-law to John D. Rockefeller, Jr.;
2. Abraham Piatt Andrew, Assistant Secretary of the United States Treasury;
3. Frank A. Vanderlip, president of the National City Bank of New York, the most powerful of the banks at that time, representing William Rockefeller and the international investment banking house of Kuhn, Loeb & Company;
4. Henry P. Davison, senior partner of the J.P Morgan Company;
5. Charles D. Norton, president of J.P. Morgan’s First National Bank of New York;
6. Benjamin Strong, head of J.P. Morgan’s Bankers Trust Company; and
7. Paul M. Warburg, a partner in Kuhn, Loeb & Company, a representative of the Rothschild banking dynasty in England and France, and brother to Max Warburg who was head of the Warburg banking consortium in Germany and the Netherlands.
In 1913, the same year that the Federal Reserve Act was passed into law, a subcommittee of the House Committee on Currency and Banking, under the chairmanship of Arsene Pujo of Louisiana, completed its investigation into the concentration of financial power in the United States. Pujo was considered to be a spokesman for the oil interests, part of the very group under investigation, and did everything possible to sabotage the hearings. In spite of his efforts, however, the final report of the committee at large was devastating.
Bankers are criminals. Print money out of thin air. No other institution has that power. If I printed money to pay off credit cards I’d be in prison.