A friend mentioned something to me about the U.S. "losing Germany's gold," and I hadn't heard anything about this story. I did some research online and read about Germany's gold holdings in the Federal Reserve Bank, and how the Fed has refused to allow Germany to audit its holdings in the Fed vaults in New York City. [more inside]
posted by Unified Theory
on Aug 28, 2013 -
In recent coverage of the Mark Duggan shooting and subsequent riots, I've seen a few instances of people referring to the police as "feds". Obviously in Britain there are no actual feds since there's no federal government, so what's the story here? [more inside]
posted by strangely stunted trees
on Aug 7, 2011 -
The US states are massively in debt, and public-sector layoffs are causing unemployment to stay high, even while the private sector recovers.
The Federal Reserve can create dollars from nothing, and at the moment inflation is apparently a minor concern compared to deflation.
What would happen if the Federal Reserve assumed much or all of the debt of the states? They could pay off the debts ex nihilo
at a speed of their choosing, while allowing the states to create or save jobs. They could also simply grant money to those states that have relatively little debt. Does anything like this happen, and should it? [Not an economist]
posted by East Manitoba Regional Junior Kabaddi Champion '94
on Sep 14, 2010 -
I've become intrigued by the idea of these weekend meetings that the companies/government have to decide to rescue, buy, take-over each other. I understand that it's wise not to release the news whilst the stock markets are trading, but so often we hear about the US Fed meeting with banking execs 'over the weekend' and deciding such-and-such. How do they get them together? [more inside]
posted by Xhris
on Mar 20, 2009 -
[MonetaryPolicyFilter] In relation to the Fed's huge injection of money yesterday, please explain to me how, if at all, the Federal Reserve can destroy
money on its balance sheet in a way that offsets the inflation that normally would result. [more inside]
posted by Pastabagel
on Mar 19, 2009 -
FinanceFilter: Is the money supply contracting, or expanding, after netting all the Fed action, bank closures, mortgage defaults, etc?
The dollar falling seems to signal a net increase of money supply, but this is inconsistent with the thesis of a credit or liquidity crunch. If the money supply is growing at a slower rate due to tighter lending practices, shouldn't the dollar be rising, even in the face of Fed-rate cutting? Do we know the net expansion or contraction of the money supply due to the combination
of rate cuts and mortgage defaults? [more inside]
posted by Pastabagel
on Mar 17, 2008 -
Economics filter: Can someone explain this article to me? How are capital accumulation, national savings, and consumption related? [more inside]
posted by idledebonair
on Mar 11, 2008 -
Every time the US federal reserve meets to decide on changing interest rates, the news articles say something like "in their statement the fed says ...". So my question is where can I find a listing of the statements for the past 10 or 20 years?
I'd like to see how the words change over time. [more inside]
posted by GregX3
on Jan 31, 2007 -
Has anyone here looked into the best priced shipping options at their work? Our office seems to ship nearly 85% UPS and I was wondering if anyone has opted for another carrier that was as reliable and was cheaper?
posted by keep it tight
on Nov 7, 2005 -