Fed Holds Interest Rates Steady

The Fed doesn't keep their profit BUT they enable others to reap obscene profits.

Babylonian money magic.

Six of the directors are elected by member commercial banks. Three of the directors are appointed by the Fed Board of Governors.

members of the Board of Governors who are appointed by the president -
...ok,ok
- from among the sitting governors of the Federal Reserve Banks

OH so it's all bankers?!

always has been.

The Fed is arguably the biggest scam invented ever.
(at least the biggest visible scam)

The only challenger I see is Joseph in Egypt, who directed the government financial apparatus to take all the coin in Egypt and in Canaan, then all the flocks, then all the land, then the people themselves to labor as slaves perpetually, and pay a tax of 20% "to this day"(Genesis 47:13-25)

Then the demoralized Egyptians were coup'd by foreigners, and Joseph et al seamlessly switched their ostensible masters without missing a beat.

Eventually though, Egyptians regained their nation, removed Joseph et al from their positions, made them work like everybody else, then expelled them.

Of course, in your Sunday school version, Joseph was the good guy...
..Sort of like how you accept the Fed as legit and on your side...

Further insight that you may not have been taught in Sunday school-

Why did the hebrews wander in the desert 40 years?
-one of them dropped a quarter

Who are called primary dealers?
A primary dealer is a firm that buys government securities directly from a government, with the intention of reselling them to others, thus acting as a market maker of government securities.

home.treasury.gov
Primary dealers are trading counterparties of the New York Fed in its implementation of monetary policy. They are also expected to make markets for the New York Fed on behalf of its official accountholders as needed, and to bid on a pro-rata basis in all Treasury auctions at reasonably competitive prices.

The Federal Reserve Bank of New York on its website provides more information on primary dealers, including a list of current primary dealers.

www.newyorkfed.org

ASL Capital Markets Inc.

Bank of Montreal, Chicago Branch

Bank of Nova Scotia, New York Agency

BNP Paribas Securities Corp.

Barclays Capital Inc.

BofA Securities, Inc.

Cantor Fitzgerald & Co.

Citigroup Global Markets Inc.

Daiwa Capital Markets America Inc.

Deutsche Bank Securities Inc.

Goldman Sachs & Co. LLC

HSBC Securities (USA) Inc.

Jefferies LLC

J.P. Morgan Securities LLC

Mizuho Securities USA LLC

Morgan Stanley & Co. LLC

NatWest Markets Securities Inc.

Nomura Securities International, Inc.

RBC Capital Markets, LLC

Santander US Capital Markets LLC

SMBC Nikko Securities America, Inc.

Societe Generale, New York Branch

TD Securities (USA) LLC

UBS Securities LLC.

Wells Fargo Securities, LLC

YES there are FOREIGN banks making obscene profits from our INTEREST_BASED monetary scheme.
TENTACLES! Tentacles everywhere!

The FED won't lower the rate now because they are in PROFIT TAKING mode, not for themselves, of course, but for their primary dealers.
The Fed does not work for you; their policies are designed solely to maximize usury profit for their dealers. (and of course downstream moneylenders as well)
Trump (pretend) tries to get US a break, but he is slapped down, and Hitler smiles with smug satisfaction as he is milked fresh by our moneylenders.
"It's all worth it, if Trump doesn't get his way!"
Suckers of Moron.

You want the Fed to be losing money or something?
Posted by snoofy

-The Fed officially does not make a profit. Any profit they show is returned to the Treasury.
This is done to fool people such as yourself.

Snoofy do you imagine that Special Banks making obscene profits is a benefit for you?
It's exactly the opposite.
"It's a club, and you're not in it"

related?- or simply cohencidental?

Relations between Prime Minister Netanyahu and the US president have reached a low point
archive.is
www.israelhayom.com

That picture... jeezus... he's got them po'd good

Depends. Am I holding their stock?

#12 | Posted by snoofy

sure snoofy, you can buy treasuries- RETAIL, of course.

"It's a club, and you're not in it"
-you are now sealion2.

Depends. Am I holding their stock?
#12 | Posted by snoofy"

You specifically? We all know that you don't have 2 nickels to rub together so no, you don't hold their stock. Who does own their stock? Well, the US .1% probably hold 20% and foreign .1% probably another 10% or so - so, you are again cheering on and enriching the billionaire class that you claim to hate.

#16 | Posted by ScottS at 2025-05-08 08:16 PM | Reply | Flag:

(*bumplify for da plonkers)

And then they settled in the only place where there was NO oil.
#15 | Posted by OCUser

They settled in an established nation of 'milk and honey', then genocided the inhabitants and took it over.

And the LORD delivered it also, and the king thereof, into the hand of Israel; and he smote it with the edge of the sword, and all the souls that were therein; he let none remain in it; but did unto the king thereof as he did unto the king of Jericho.

17 And the city shall be accursed, even it, and all that are therein, to the Lord: only Rahab the harlot shall live, she and all that are with her in the house, because she hid the messengers that we sent.

19 But all the silver, and gold, and vessels of brass and iron, are consecrated unto the Lord: they shall come into the treasury of the Lord.

21 And they utterly destroyed all that was in the city, both man and woman, young and old, and ox, and sheep, and ass, with the edge of the sword.