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Fed Leaves Price of Money Unchanged; Bernanke Press Conference 2:30pm

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Fed notes leaked! Haz Mat has been dispatched.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Ron Paul is anti-Jewish

Ron Paul is anti-Jewish because Bernanke is Jewish!

Or so my favorite political figure was attacked again and again.

I'm not sure if this indicates that the media is composed of Jewish racists, or that Jewish racists are controlling our debate too much, but they don't get a free pass from me anymore. They're dangerous.

Although I dislike racists of any sort. Most other racists seem marginalized.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

It's like reading entrails

there maybe one or two dissenting board members, but that's just for show. The Gods are angry, and they want...NEED...more sacrifice.

the interest rates must stay low...prepare the next lamb.

Buried in the 'GoldSocks' Q&A is this answer...

How predictable, how fake, nothing here, move along!

"Q: Will Fed officials recognize the better data?

A: ... the committee will likely acknowledge... upgrade is likely to be ... We also anticipate ... Specifically, we expect that the FOMC will forecast a bit more real GDP growth in 2013 and 2014 (2.7% and 3.4% on a Q4/Q4 basis, respectively) ... "

And my favorite fraud:

"... the FOMC will forecast... unemployment of 7.4%, 6.8% and 6.1% at the end of 2013, 2014 and 2015, respectively."

Really now, I thought these were figures based on past performance! My my, how prescient... what seers 'GoldSocks' have become! Please give me the weather for the next Indy race, and the price of gold for next month!

There is much more there for the initiated!

Wish I could set the price of

Wish I could set the price of my money.

To climb the mountain, you must believe you can.

SteveMT's picture

FOMC Conclave Ends.

"Goldman Sachs does not expect any policy changes - or change in message - at the March 19-20 FOMC meeting." [And they ought to know!]

How apropos

The "price of money", hahaha!

Federal Reserve Notes are not dollars. I like how this guy states it: "Federal Reserve Notes are really work permission points." So basically, we'll allow you to "work" in our slave trade, as long as you allow us to track your every financial move made with our private "currency". Good one!

What does this mean?

What does this mean?

Michael Nystrom's picture

Today is the FOMC meeting

The Federal Reserve, the nation's central bank, holds 8 Federal Open Market Committee (FOMC) Meetings each year.

At the meetings, they talk about the economy, and they decide if they will change interest rates: Raise them, lower them, or keep them the same.

Everything has a price, and interest rates interest rates are the price you have to pay to borrow money.

Ideally, prices are set in the market, through supply and demand. In the case of money, it is Fed governors who get together and arbitrarily determine what they think the price should be, i.e. what the interest rate should be.

Most people don't think of rates as "the price of money," which is why I used that as a dig in the headline, to point out what is actually going on.

After their decree about the price of money, Bernanke will have a press conference and talk about why the committee to set the price of money did what it did. The markets will try to discern what is going to happen in the future, and prices for stocks, bonds, mortgages, milk, etc. will all readjust in the market, based on the outlook for the price of money going forward.

Hope that helps.

Sounds Like Gambling To Me

Isn't that supposed to be illegal in the US?


Michael Nystrom's picture

I will tell u later.

Driving right now.

Can someone ele explain?

Thank you! Some of us R planning Audit the Fed twitterbomb 4/15

if anyone wants to join us! I'll post more about it when we have a time set, we didn't say eve or when (evening usually has more traffic).

We would post information, links to Congressmen and bill numbers, and contact congress

Integrity means having to say things that people don't want to hear & especially to say things that the regime doesnt want to hear -RonPaul

Good Work Mich~ael

Thanks for posting!

Michael Nystrom's picture

Thanks E!

Good work to you as well. Should be an interesting afternoon!

You Got That Right!

Keep your hopes up..