• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Discussion: Is the Fed stupid or do they know exactly what they are doing?

Ahillock

A nobody
Mother Lode
Joined
Apr 30, 2013
Messages
12,478
Likes
12,009
Location
GIM2 server bay #5
#1
Seems like these are the two major held opinions. (1) that the Fed is flying by the seat of their pants and have no idea what they are doing. The other option (2) is the Fed knows exactly what it is doing and has been doing so since 1913. Everything is methodical to extract as much wealth as possible.

What opinion do you hold and why?
 

Uglytruth

Gold Member
Gold Chaser
Joined
Apr 6, 2011
Messages
4,700
Likes
6,259
#2
I simply find it interesting that yellin & lagarde are in the top seat at the same time. Scapegoats?
I think the cabal has this right where they want this. Like dad always told me...... the rich get richer & the poor get poorer.
 

Weatherman

In GIM since 2006
Gold Chaser
Site Supporter
Joined
Mar 30, 2010
Messages
2,612
Likes
2,615
#3
The staff in the FED are not stupid, but they cannot see into the future either. My guess is that they are so busy fighting the short term problems (which are growing exponentially around the world) that they do not have the luxury of working on only the long term solutions (if there actually are any).
 

Ahillock

A nobody
Mother Lode
Joined
Apr 30, 2013
Messages
12,478
Likes
12,009
Location
GIM2 server bay #5
#4
I feel there is evidence to support both of the above theories. But I personally lean towards the Fed knowing exactly what they are doing and are doing it for a much larger agenda. Especially when you throw in other stuff like NSA domestic spying, civil asset forfeiture, militarization of police....etc. the larger agenda seems clear and the Fed is just part of this much larger agenda against humanity.
 

solarion

Gold Member
Gold Chaser
Site Supporter ++
Joined
Nov 25, 2013
Messages
5,050
Likes
7,613
#5
The fed knows what they're doing. The idea that they're incompetent stumbling bumbling idiots stems from the idea that they're supposedly working toward their dual mandate of full employment(fail) and currency stability(fail). Reality is that they're working toward extracting maximum wealth for their shareholders and doing a fine job at the expense of We the People. I did however see a great presentation recently where a fellow(Eric deCarbonnel) was detailing with startling clarity the the systemic serial treason taking place at the treasury. He made the claim that the fed is in large part merely a pawn in this treason and that it is the long in the tooth Exchange Stabilization Fund(ESF) under treasury management that actually pulls the strings. Though fascinating, I'm still digesting this information and have yet to incorporate this information into my view of how our corrupt federal regime conducts itself.

 

Uglytruth

Gold Member
Gold Chaser
Joined
Apr 6, 2011
Messages
4,700
Likes
6,259
#6
I care not who makes the laws....... I care who controls the money......... truer words were never spoken.
 

Ahillock

A nobody
Mother Lode
Joined
Apr 30, 2013
Messages
12,478
Likes
12,009
Location
GIM2 server bay #5
#7
The fed knows what they're doing. The idea that they're incompetent stumbling bumbling idiots stems from the idea that they're supposedly working toward their dual mandate of full employment(fail) and currency stability(fail). Reality is that they're working toward extracting maximum wealth for their shareholders and doing a fine job at the expense of We the People. I did however see a great presentation recently where a fellow(Eric deCarbonnel) was detailing with startling clarity the the systemic serial treason taking place at the treasury. He made the claim that the fed is in large part merely a pawn in this treason and that it is the long in the tooth Exchange Stabilization Fund(ESF) under treasury management that actually pulls the strings. Though fascinating, I'm still digesting this information and have yet to incorporate this information into my view of how our corrupt federal regime conducts itself.

Yes, I agree that YouTube series by "cedec0" was very interesting. So much so, that I created a thread just for it.

http://www.goldismoney2.com/threads...stabilization-fund-esf-and-its-history.89661/

I agree that the theory of the ESF being the man/group behind the scene pulling many of the threads is a fascinating one to consider. Especially as it ties into the 1933 gold confiscation, the creation of the ESF as a result and the supposed fund that it consists of. All of that black budget money has to come from somewhere. Catherine Austin Fitts has talked about the black budget for some time.

I am not naive enough to think anyone has the full picture of truth, so I'm sure there are tidbits of truth here and there that when put together puts the big puzzle together. The only question of how does one know which of the pieces is the exact fit for this picture.
 

nickndfl

Midas Member
Midas Member
Sr Site Supporter
Joined
Jan 7, 2011
Messages
12,347
Likes
10,467
Location
Florida
#8
I think the FED is at the point where they would be better off doing nothing than doing something to look like they are taking some kind of action. The whole financial system is being propped up artificially which has distorted the markets.

What looks more logical at this time is gold and silver are finally coming back with today's haircut in the $USD. The dollar was strong relative to most other currencies, but weak data knocked it down severely. Could have been a flush to take out all of the stops or is the beginning of a new downtrend.

If you hold physical gold and silver you need not worry about it. Just go about your business.
 

Uglytruth

Gold Member
Gold Chaser
Joined
Apr 6, 2011
Messages
4,700
Likes
6,259
#9
Thomas Jefferson Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Constitution
Section. 10.
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

Note that there is no such prohibition against Congress, or any delegated power to make anything legal tender. Congress was originally understood to have no power to make anything legal tender outside of federal territories, under Art. I Sec. 8 Cl. 17 and Art. IV Sec. 3 Cl. 2, but in 1868 a Supreme Court packed by Pres. Ulysses S. Grant, in the Legal Tender Cases, allowed Congress to make paper currency issued by the U.S. Treasury, backed by gold, legal tender on state territory, a precedent that remains controversial to this day, when courts allow paper currency not backed by anything to be considered "legal tender".
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,217
Likes
1,779
#10
Of course they know exactly what they're doing. Any detection of ineptness or persistent struggling along is simply acting on their part. Having to even ask that question on a freedom forum is a sign of how pathetic the resistance to TPTB is.

People like to make economics and finance as complicated as possible. They do this to make a living at it usually. But the reality is that finance is extremely simple. There are honest structures of finance and markets, honest accounting, honest and open book keeping and plain, simple rules of law... or there is not. Currently there is not.
 

Thecrensh

Gold Member
Gold Chaser
Joined
Jun 26, 2013
Messages
4,063
Likes
4,397
#11
The Fed...I think they really don't have a clue. Now, whomever has been behind the slow march to socialism in America, THEY are genius and playing Americans like a fiddle.

Some could say things like "TPTB", I could reference you to a very old book (that I've read quite a lot of) which makes the claim that there is a definite "power" in control of this world. A power with definitely malevolent intent...
 

Goldhedge

Moderator
Site Mgr
Sr Site Supporter
Joined
Mar 28, 2010
Messages
31,062
Likes
38,625
Location
Planet Earth
#12
The Fed seems to be running a textbook operation.

They use academia and educated guesses as to what to do.

They also know the real numbers. What they put out for public consumption are very different numbers.


I get the sense they are temporarily suspending the laws of economics.

When they decide to pull the plug, rest assured, they won't tell any of us.
 

Ahillock

A nobody
Mother Lode
Joined
Apr 30, 2013
Messages
12,478
Likes
12,009
Location
GIM2 server bay #5
#13
Jim Rodgers' opinion.

Central bankers 'don't have a clue' - Jim Rogers
by Alanna Petroff @AlannaPetroffFebruary 15, 2016: 9:03 AM ET

Famed investor Jim Rogers is warning that financial Armageddon is just around the corner, and it's being fueled by moronic central bankers.
"We're all going to pay a horrible price for the incompetence of these central bankers," he said Monday in a TV interview with CNNMoney's Nina dos Santos. "We got a bunch of academics and bureaucrats who don't have a clue what they're doing."

The Singapore-based American investor said central bankers are doing everything they can to prop up financial markets, but it's all for naught. He predicts their unconventional monetary strategies will lead to a stock market rally in the near future, but deep trouble later this year and into 2017.

"This is going to be a disaster in the end," he said. "You should be very worried and you should be prepared."

Central bankers around the world have been increasingly using negative interest rates to prop up inflation and support their economies, but Rogers said the moves aren't working. He said they are simply trying to rescue stock markets and help brokers keep their Lamborghinis.

"The mistake they're making is, they've got to let the markets sort themselves out," he said.

"It's been over seven years since we've had a decent correction in the American stock market. That's not normal ... Markets are supposed to correct. We're supposed to have economic slowdowns. That's the way the world has always worked. But these guys think they're smarter than the market. They're not."

Related: Rogers wants to buy North Korea

Rogers made his fortune several times over by investing where others feared to tread. He made a name for himself in the 1970s after co-founding a top-performing fund with George Soros. He has also penned a range of investment books and become a fixture on the international speakers' circuit.

Rogers set a Guiness world record between 1999 and 2002 by visiting more than 100 countries by car.



http://money.cnn.com/2016/02/15/investing/jim-rogers-central-banks-stock-markets/index.html
 

solarion

Gold Member
Gold Chaser
Site Supporter ++
Joined
Nov 25, 2013
Messages
5,050
Likes
7,613
#14
I like Rodgers and I think he's probably correct when he says "This is going to be a disaster in the end," he said. "You should be very worried and you should be prepared."

That said, the idea that central banksters are "moronic" or "don't have a clue" is itself moronic. Greenspan, Bernanke, and to a lesser extent Yellen sure don't strike me as clueless. Dr. Greenspan in particular is quite brilliant. The notion that these intellectuals believe the things they say, that they never see what is right in front of their ample noses is just plain silly. This bus is being steered off the cliff. Perhaps Rodgers, like others, is just avoiding the pitfalls associated with calling a spade a spade so to speak...meaning that he doesn't want to be lumped in with all those "tin foil hat wearing conspiracy nuts", but nobody could be so grotesquely incompetent as the fed chiefs keep claiming. Alan "irrational exuberance" Greenspan didn't realize there was a subprime bubble? ...please. Bernanke couldn't see what was right smack dab in front of his face prior to the housing collapse despite all the voices screaming? Get real. Claiming these guys and gals at the fed are so unbelievably ignorant they cannot seem to ever identify a bubble that they themselves create is akin to saying barry obama's serial transgressions against the Constitution are due to incompetence.
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,217
Likes
1,779
#16
I like Rodgers and I think he's probably correct when he says "This is going to be a disaster in the end," he said. "You should be very worried and you should be prepared."

That said, the idea that central banksters are "moronic" or "don't have a clue" is itself moronic. Greenspan, Bernanke, and to a lesser extent Yellen sure don't strike me as clueless. Dr. Greenspan in particular is quite brilliant. The notion that these intellectuals believe the things they say, that they never see what is right in front of their ample noses is just plain silly. This bus is being steered off the cliff. Perhaps Rodgers, like others, is just avoiding the pitfalls associated with calling a spade a spade so to speak...meaning that he doesn't want to be lumped in with all those "tin foil hat wearing conspiracy nuts", but nobody could be so grotesquely incompetent as the fed chiefs keep claiming. Alan "irrational exuberance" Greenspan didn't realize there was a subprime bubble? ...please. Bernanke couldn't see what was right smack dab in front of his face prior to the housing collapse despite all the voices screaming? Get real. Claiming these guys and gals at the fed are so unbelievably ignorant they cannot seem to ever identify a bubble that they themselves create is akin to saying barry obama's serial transgressions against the Constitution are due to incompetence.
A master thief can accomplish a lot more when his victims believe he's a bumbling idiot not when they fear his shrewdness.
 

Buck

Gold Member
Gold Chaser
Joined
Apr 13, 2011
Messages
3,202
Likes
2,717
#17
They are making it up as they go along.
Perhaps but certainly it's the first, many of us, have seen of their games.
To presume they haven't "war roomed" any of it, is a mistake.

Meetings occur all the time, around the world, regarding world economics and many of these meetings are invitation only, no politicians are allowed, no general citizens are allowed, no media is allowed, anti-disclosure statements are not required because if any attendee breaks the "code", they'll never be allowed back into the club, ever
May see a jail cell, may see an undertaker, there's no one who crosses those in charge

Perhaps "they" are making it up, but to presume "they're" making it up and hoping for a favorable outcome is a mistake.
I believe, the known outcome, for "them", is profit and/or power

A master thief can accomplish a lot more when his victims believe he's a bumbling idiot not when they fear his shrewdness.
Nice addition
 

goldielox1

Silver Miner
Seeker
Joined
Jun 20, 2013
Messages
994
Likes
664
#18
The Fed is just a figurehead for their true masters. Their masters want a one world order. A one world order requires a one world currency. There has to be an economic collapse of epic proportions and failure of national currencies. Of course the people are so dummed down that they won't turn to the logical choice of circulating/owning metals (those are only for central banks not us sheeple). Thus the nations will adopt a one world fiat such as the SDR or something based on the advice of the smartest guys in the room (The Fed/Govt's etc). Of course it may start as a gold backed currency but it would never be allowed to be redeemable in gold (probably at first stated as backed by each nation's gold reserves) then inflated away like all fiat has been. We know that one world currency WON'T be gold. It's money and TPTB don't want the sheeple actually owning money.
 

TAEZZAR

LADY JUSTICE ISNT BLIND, SHES JUST AFRAID TO WATCH
Midas Member
Sr Site Supporter
Joined
Apr 2, 2010
Messages
12,081
Likes
19,586
Location
ORYGUN
#19
In my opinion, the answer is quite simple.
Has the fed ever erred in our favor ? yes or no !
I find no evidence of any error in our favor.
Then they know EXACTLY what they are doing !!!
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,217
Likes
1,779
#20
In my opinion, the answer is quite simple.
Has the fed ever erred in our favor ? yes or no !
I find no evidence of any error in our favor.
Then they know EXACTLY what they are doing !!!
Excellent point. The laws of math prove that they know what they're doing and they're attacking the middle class and stealing everything not bolted down.

If they had simply been doing things randomly or with some benign goal in mind then at least one of 100 years of policy decisions would have done some good for the workers. Since that's never happened once, then clearly they've been attacking and stealing from us.

The dollar is worth 2 cents compared to when they took over. That missing 98 percent of all wealth didn't just disappear, it was transferred to them and their friends.
 

Silver

Gold Member
Gold Chaser
Site Supporter
Joined
Mar 31, 2010
Messages
3,322
Likes
4,392
#21
They bought the world with their fraud, I wouldn't call that not knowing what they are doing. It's the gullible marks that don't know jack.
 

TAEZZAR

LADY JUSTICE ISNT BLIND, SHES JUST AFRAID TO WATCH
Midas Member
Sr Site Supporter
Joined
Apr 2, 2010
Messages
12,081
Likes
19,586
Location
ORYGUN
#22
They bought the world with their fraud, I wouldn't call that not knowing what they are doing. It's the gullible marks that don't know jack.
You are not wrong, here is the WHOLE story, of the grand conspiracy to rape us of our wealth & enslave us.
They DO KNOW what they are doing to us.

 

solarion

Gold Member
Gold Chaser
Site Supporter ++
Joined
Nov 25, 2013
Messages
5,050
Likes
7,613
#23
It's whack that with trillions on the line people could even entertain the notion that there isn't a plan in place.