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Why does the federal government watch the rate of inflation so closely?
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How do Federal Reserve banks get their money?
The Federal Reserve Bank doesn't get their money from anyone; they're the central bank for the United States of America. They watch our GDP, or Gross Domestic Product, which is the measure of growth in our economy, and supplies money to satisfy that level of growth. One of the FRB's jobs is to regulate the quantity of money in our economy to avoid inflation and deflation. Bills are printed by the Bureau of Engraving and Printing at the request of the FRB, and are distributed to the banking system via the 12 different regional Federal Reserve banks around the US. In conjunction with the BEP the FRB also shreds old money after it has cycled through the system a certain number of times. Millions of old dollars are shredded by the FRB every day. I'd like to just add in here, that the Federal Reserve is not Federal at all. It isn't even a part of our government and is not subject to U.S laws. It is a private bank that was given it's power through the 1913 Federal Reserve Act, and the 'law' was not legally ratified. The Federal Reserve was the cause of the Depression and all, including current, inflation and loss of value in the U.S dollar.
What does it mean when say to economize?
to save, to cut back, to be frugal to watch your spending closely and try to find ways to spend less
Is the federal reserve a fraud?
an act to set up Federal Reserve Banks in 1913. signed by Woodrow Wilson. Who years later said, "I am a most unhappy man, I have unwittingly ruined my country. A great industrial nation is now controlled by it's system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." - Woodrow Wilson
What are your recommendations to a government experiencing a falling level of output increasing level of unemployment and inflation?
Mixing Political Theory with Economic Theory has always been, well, a bad mix. The government should do what it takes to get re-elected as always they do. So, perception of doing the right thing is very important even if it is the wrong thing. Let someone else stick their neck out and say the right thing that doesnt get them elected. Nobody wants to hear NO. So they must say yes, and look like they are doing something positive. Try not to let any mud stick, so pass off the mud to the next player. Watch where you step. Of course if you ask what should a government be doing is completely different asnwer!
President Wilson established the Federal Reserve System to?
Keep watch on the markets. (NYSE) Create a banking system that could regulate the amount of money in circulation.
How is the Federal Reserve relatively free from government intervention?
The Federal Reserve has its own committee who oversees the actions of its members. There are twelve banks across the country implemented by the Federal Government to watch over spending and study current financial patterns.
How do you write out 4.5 billion?
Watch closely ===> 4,500,000,000
How do you make a spy watch?
Tell him or her to look closely...
How do you write 1.437 trillion?
Watch closely ===> 1,437,000,000,000
Meaning of examine closely?
Inspect means examine closely. There's also watch for examine carefully.
What is a word that means to watch carefully?
To overlook or observe closely
What homograph means to observe closely or a timepiece?
The homograph for "to observe closely" is "watch," while the homograph for "a timepiece" is also "watch." The meaning is differentiated by context in which the word is used.
How do you write three and forty five hudredths?
Watch closely ==> 3.45
What is 76000 divided by 1000?
76
How do you write 96000 in scientific notation?
Watch closely ===> 9.6 x 104
How do you be inspired by Selena Gomez?
look at what she does closely and take notes. watch hows she does her joba and see how she handles bad rumors. look at what she does closely and take notes. watch hows she does her joba and see how she handles bad rumors.
Purpose of federal reserve?
The FEDERAL RESERVE is a private corporation that was given powers by the FEDERAL GOVERNMENT to print all the 'so-called' Money and then loan it back to us with interest attached. To get an in depth look at what the FEDERAL RESERVE is and what they do, VISIT THE BELOW LINKand watch the videos they have there. They interview the spokesman for the FEDERAL RESERVE and he tells all kinds of interesting stuff about how the private corporation operates.
