Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 Well, look at who is still retarded The government is confiscating assets of the Fed? If that's what you took from the article you might want to reconsider whom you're calling retarded. Link to comment Share on other sites More sharing options...
DC Tom Posted January 13, 2016 Share Posted January 13, 2016 Well, look at who is still retarded The government is confiscating assets of the Fed? Until you understand the structure of the Federal Reserve System, go away. Link to comment Share on other sites More sharing options...
TPS Posted January 13, 2016 Share Posted January 13, 2016 If that's what you took from the article you might want to reconsider whom you're calling retarded. It's not an article; it's the rantings from someone who does not understand how the Fed works. Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 It's not an article; it's the rantings from someone who does not understand how the Fed works. Commented on by someone else who knows nothing about how the Fed works or even what it is... which was the point. Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 Until you understand the structure of the Federal Reserve System, go away. Sure I do. Its an agency of the Federal Government and has a private aspect as well Link to comment Share on other sites More sharing options...
TPS Posted January 13, 2016 Share Posted January 13, 2016 Commented on by someone else who knows nothing about how the Fed works or even what it is... which was the point One simple example, the guy states that surpluses must be returned to the government, then says this is "the government confiscating Fed assets." That's confusing income flows with balance sheet values. Link to comment Share on other sites More sharing options...
DC Tom Posted January 13, 2016 Share Posted January 13, 2016 One simple example, the guy states that surpluses must be returned to the government, then says this is "the government confiscating Fed assets." That's confusing income flows with balance sheet values. It was also confusing assets with liabilities, which is actually a rather impressive level of ignorance. Sure I do. Its an agency of the Federal Government and has a private aspect as well Do you get some perverse pleasure from being so consistently, thoroughly, willfully wrong? Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 It was also confusing assets with liabilities, which is actually a rather impressive level of ignorance. Do you get some perverse pleasure from being so consistently, thoroughly, willfully wrong? I've already proved it to you I'm right. You are just too emotionally insecure to admit you are wrong Link to comment Share on other sites More sharing options...
DC Tom Posted January 13, 2016 Share Posted January 13, 2016 I've already proved it to you I'm right. You are just too emotionally insecure to admit you are wrong No, you haven't. You've only proved your an idiot. Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 No, you haven't. You've only proved your an idiot. No, you just said the Fed was incorrect in describing themselves! Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 One simple example, the guy states that surpluses must be returned to the government, then says this is "the government confiscating Fed assets." That's confusing income flows with balance sheet values. Which is why Gator's comment on said issue warranted my response. No, you just said the Fed was incorrect in describing themselves! Link to comment Share on other sites More sharing options...
IDBillzFan Posted January 13, 2016 Share Posted January 13, 2016 You've only proved your an idiot. Not that we've needed convincing. Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 I bet Ylan knows the Fed is not part of the US Government and is in fact a group of private banks working together. It isn't? Link to comment Share on other sites More sharing options...
DC Tom Posted January 13, 2016 Share Posted January 13, 2016 No, you just said the Fed was incorrect in describing themselves! No, I said you didn't understand what you were reading. You are a very stupid little man, and I'm not talking to you any more. Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 It isn't? It is not. As your own links have proven time and time again, the Federal Reserve is NOT a part of the US Government nor is it an agency of the US Government. The board of governors is NOT the Federal Reserve, the two are not the same. You've done excellent work proving my case, for that I thank you. For the rest, well, have this: Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 No, I said you didn't understand what you were reading. You are a very stupid little man, and I'm not talking to you any more. Yes, that's right, and I said that this was pretty clear: The Federal Reserve, like many other central banks, is an independent government agency but also one that is ultimately accountable to the public and the Congress. And I still think it is pretty clear. You are not stupid, but just emotionally insecure or something link: http://www.federalreserve.gov/faqs/about_12799.htm Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 Link to comment Share on other sites More sharing options...
DC Tom Posted January 13, 2016 Share Posted January 13, 2016 Yes, that's right, and I said that this was pretty clear: And I still think it is pretty clear. You are not stupid, but just emotionally insecure or something link: http://www.federalreserve.gov/faqs/about_12799.htm It's obviously not that clear, since you don't understand it. Link to comment Share on other sites More sharing options...
Tiberius Posted January 13, 2016 Author Share Posted January 13, 2016 It's obviously not that clear, since you don't understand it. HA HA HA HA HA HA HA HA You are out of tricks! Federal Agency Listed as Federal Agency here too! http://www.federalreserve.gov/consumerinfo/agency.htm Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 13, 2016 Share Posted January 13, 2016 Link to comment Share on other sites More sharing options...
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