Is AI as useless as the Fed?
This is almost funnier than when Powell said BTC is like gold.
https://fortune.com/2025/08/01/federal-reserve-economists-generative-ai-labor-market-productivity-light-bulb/
Maybe Powell should ask AI if he should cut rates.

Trump appointed him. Shrug.

>>512034638
That was term 1 trump, completely different guy, kind of an asshole if you ask me

we all know why the Fed won't raise rates

This is the paper that the article was based on.

will post again later if slid

these are the criticisms
>fraught with risk

how does one bring prices and the cost of living down by raising rates?

wouldn't the greatest usage of AI correlate with highest chance of replacement by AI?
Should we replace Powell or the BOG (Fed Board of Governors) with AI?
>drain the BOG

>>512034547 (OP)
The problem is that usury is the basis of all currency, and currency has been completely divorced from money for decades.

CENTRAL BANKING IS THE KEY TO CONTROL.
Capitalism requires central banking.
Communism requires central banking.
Socialism requires central banking.
All -isms require central banking.

ONE GROUP OF PEOPLE is always found in association with central banking.
ONE GROUP OF PEOPLE tells you that you need an -ism to make your country great.
ONE GROUP OF PEOPLE is robbing you blind and wants you to die.

It's almost like Satan has a group of people who gather regularly and devote their lives to his work.
What would one call such a gathering?

What will generative AI create for the Fed?
How will generative AI help the Fed with their insolvency?
>these banks cannot increase their treasury holdings

I don't know about the fed, but I keep watching videos on YouTube about debt, people complaining... I want to Avoid it like the plague, and I want to feel better about my financial failure in life by at least comparing that I have no debt. lol

Very human stuff.

>>512036610
Fewer goyim borrowing to buy shit they dont need means less dollerinos enter circulation means less demand means prices go down.

>>512037442
we just need the treasury to resume its role and phase out the Fed
it is very simple
SOS we've been hijacked by JPM and Citi

Fed scared of AI, they all are... they know AI will fuck these pedo liars up! :D

>>512034547 (OP)
Yes it is. It will make smart people more productive but stupid people less productive, and the end result is nobody is more productive.

>>512034547 (OP)
>Is AI as useless as the Fed?

Low IQ subhumans who though that Ukraine can defeat Russia, trying to predict the future.

>>512037624
>people being flooded with money for doing nothing are ruining the economy for those of us that truly do earn it
that is precisely what this image says
the top 10% club are 50% of consumption
it is basically the welfare-rich driving price inflation

Deflation and inflation and other economic terms are FUCKING MEANINGLESS when one class of persons HAS FIRST ACCESS TO and IS BEING PAID FOR the issuance of any newly-created currency. Money does not mean the same thing or have the same scarcity (or have the same value) for all persons in the economy. As some do not earn their money (via real productivity), money is more liquid and less valuable for them, as they have exclusive first-access to the newly-issued currency and they also decide TO WHOM it is allocated via our current debt-based NYFed primary dealer financial system.
As long as we have a cartel of private banks getting paid to issue the currency, the FEDERAL RESERVE NOTE will lose EVEN MORE value for those of us that truly do earn it via productivity.

IT IS THOSE OF US WORKING that choose to prop up this class of parasitic, skillless invalids debauching our currencies worldwide via the Federal Reserve and its increasingly-worthless private currency, the Federal Reserve Note.

US Treasury-issued, debt-free, fiat US Notes are the already-legal, interest-free TREASURY-ISSUED, sovereign currency solution to a debt-based currency and monetary policy parasite, the Federal Reserve Uniparty.

>>512037881
Look at this faggot, is Russia winning? No they're not. In fact they're much worse now than they were before. Russia factories are being destroyed daily now. No, that was not a thing, it's very recent. Ukraine is destroying Russian logistics. They're also losing Sumi region. Yeah Russia made some advances but they're not winning.

>>512037725
this is a good post
unfortunately, intelligence only translates into gaining an advantage over others with humans
why does increased spare time rarely lead to progress?

>>512038000
>people being flooded with money for doing nothing are ruining the economy for those of us that truly do earn it
>that is precisely what this image says
oops this text was meant to go with pic rel

and why is confidentiality only for government and the private, incorporated, debt-based central bank?
note the NYfed is .org lol

the closer the red dot is to the top of the blue line, the better the debt management

>>512034547 (OP)
The lightbulb improved productivity?

kek the lower the point relative to the X axis, the more incompetent the Fed

The Fed NEVER PAID INTEREST TO ANYONE NOT EVEN ONCE BEFORE 2008
not once, fucking ever

<<<--we are being robbed blind by the Fed
it is a private contractor we hired
again, the Fed NEVER PAID INTEREST TO ANYONE NOT EVEN ONCE BEFORE 2008
not once, fucking ever
we have been hijacked by the fucking failures of 2008

ok back to AI
lol

people say the Fed can't go bankrupt
IT SURE FUCKING CAN
the US TAXPAYER IS THE FUCKING HOUSE, not the fraudulent insolvent fed running the fucking country into the ground

pic rel another private broke, fed franchise, note the .org

ANY OTHER FUCKING CORPORATION IN THE US WOULD BE IN FUCKING JAIL RIGHT NOW IF THEY WERE AS INSOLVENT AS THE FED

generative AI would need a lot of energy
Is this why the largest owner of the bankrupt NYFed, JPM, is buying up energy companies?

>>512039474
<<<<----JPM has been acquiring energy companies during their raid on the US Treasury as an owner of the NYFed’s bankrupt franchise
JPM holds these energy companies under a quiet little company called IIF

US taxpayers have now paid 1.1 TRILLION Federal Reserve Notes in interest last year to borrow the private currency of the NYFed and its primary dealers. The interest to borrow the Fed's private currency has fucking ~doubled in four years.

>>512039603
>JPM has been acquiring energy companies during their raid on the US Treasury as an owner of the NYFed’s bankrupt franchise

this fits in nicely with their new texas stock exchange to trade debt-backed stablecoins

>>512039659
>>JPM has been acquiring energy companies during their raid on the US Treasury as an owner of the NYFed’s bankrupt franchise

>>512039685
>>>JPM has been acquiring energy companies during their raid on the US Treasury as an owner of the NYFed’s bankrupt franchise

>>512039724
>>>>JPM has been acquiring energy companies during their raid on the US Treasury as an owner of the NYFed’s bankrupt franchise

pic rel is to power AI and crypto

ok i'm off
just wanted to make a thread
see you anons later

oh nevermind
thought i was going out

its like gold? so the big banks already own most of it and convene to fix the price?

>>512034547 (OP)
members of the federal reserve had conversations about laundering money with epstein recorded, as in the evidence exists and its not conjecture

so why the fuck havent they been audited yet?

>>512040533
you're right lol

maybe Bessent has been reading /pol/

>>512037442
>Capitalism requires central banking.
Objectively wrong.
Capitalism run for thousands years using gold money. And key scam here isn't central banking but fractional reserve banking (though they are correlated).
But Jews were running fractional reserve banking scane well before central banking using gold as reserves.

>>512034547 (OP)
When did he say BTC was like gold? I'm sure you're quoting him off context

I have some work to do but am going to be in and out to bump

pic rel the rest of the criticism from image in >>512035324

>>512034955
The chair of the US Federal Reserve, Jerome Powell, said on December 4 that bitcoin was a rival to gold, not the dollar. “People use bitcoin as a speculative asset,” Powell told The New York Times DealBook Summit. “It's just like gold – only it's virtual, it's digital. It's not a competitor for the dollar.


He said that BTC is a speculative asset like gold. Which makes sense unless you're a retard who thinks there's any intrinsic value to shiny rock

>>512037442
>Capitalism requires central banking.
this is wrong as other poster said

capitaism, true capitalism, would work best with a TREASURY-ISSUED currency that works in the ineterests of the CITIZENS

all we are doing now is literally competing with fucking JPM for our currency that it is in charge of issuing and regulating the quantity and price of as a primary dealer

>>512038000
>As long as we have a cartel of private banks getting paid to issue the currency, the FEDERAL RESERVE NOTE will lose EVEN MORE value for those of us that truly do earn it via productivity.
Here is my monetary reform idea.
Fractional reserve banking is banned and defined as counterfeiting money. You have 100 dollars you can lend only 100.

Second. All creation of money is done by central bank. All adult citizens get personal account in the Central Bank. If Central Bank decideds there is need for money mass expansion it deposits these new money devided in equal portions into all citizens accounts.
Also Central Bank is exchanging deposit money send by private banks to cash and back.
Central Bank is banned from making any other lendings and monetary transfers.
I can guarantee you it will curb inflation.

>>512038450
Yeah working more hours to boss when it's dark

>>512041793
>BTC is a speculative asset like gold
this is debatable in itself, as gold is an element that does not oxidize and also acts as a pussy magnet

>>512041793
and powell flip flops all of the time
on fucking everything
the only way he is consistent is on paying out IORB to the primary dealers and RRP to MMFs, which btw, IS WHAT IS FUCKING BANKRUPTING THE COUNTRY RIGHT NOW, as is seen in the multitude of examples already posted ITT

>>512041937
That's a good post actually

>>512042037
>paying out IORB to the primary dealers and RRP to MMFs,
just in case you missed it

now powell is suggesting to back stablecoins with debt

>>512035214
>LaTeX still going strong

Trump and his economic advisor, Miran, are trying to circumvent #2 in pic rel with forwards (futures for treasuries).
They are trying to make it so the US can sell its gold without paying down the debt.

Miran and Trump want for the major debt holders to swap their short term bills and notes for 100-year bonds, they want to indebt Americans for the next century to the Fed (ultimately via debt-backed tokens of these treasuries (aka securities))
I am having a big thread on this, that is just getting bigger

>>512042376
nice anon
this is why i come here
necessity is the mother of invention
the public will simply migrate to another parallel internet if they ruin it
the public also has a right to its own fucking currency

this paper says the longer AI does math, the more mistakes it makes

>>512034547 (OP)
The people who work at the Federal Reserve are not gods, they are not oracles, they are not geniuses, they do not have pure intentions and they do not check their politics at the door.
And the people who watch the Fed and report on the Fed are even more clueless.
Trump knows this. Trump knows that they are self interested people who play politics and try to be kingmakers. And he knows how dangerous the Fed is.
Never think for a moment that a person's supposed political affiliation means that they can be trusted. The Beltway is full of people working within the system to achieve ulterior motives. Powell is playing politics and thinks he's Paul Volcker. It's getting pretty obvious that he's perfectly fine with spiking the economy to hurt Trump and that he's not fit to hold Volcker's coat.

This is one of the nine Institute Professors of MIT
it says AI would increase inequality and be of little economic use.
I understand there is a difference between AI and genAI.
Would Palantir be the original AI company?

>>512043226
>they do not check their politics at the door.

this image is JPM hopping between IORB and RRP

>>512043288
Exactly.
And you can't get so called experts to agree on what the near future with AI development will look like. It's absurd to believe that Powell can prognosticate what impact AI will have in the near term economy. He's guessing, at best. At worst it's just an excuse to play politics with no regard to what happens to the rest of us.
When people say the Fed has too much power, this is the kind of stuff they're talking about.

>lightbulbs didn't make workers more productive
????

>>512034680
frens this is called, delusion

>>512043643
to be fair, it is the Fed publishing that
powell is the just a neutered dog that does what he is told by the banks that own the NYFed

we all remember what happened to the repo market after JPM traders got raided by the FBI for RICO and rigging the silver and treasury markets for YEARS and then JPM pulled its money out of the overnight markets and caused the repo spike

>>512034547 (OP)
>Maybe Powell should ask AI if he should cut rates.
I asked chatgpt to assume I was Jerome Powell. It basically told me inflation is still elevated and labor markets are cooling but we should still hold for now, while signaling that we are open to cutting in the future if inflation continues to ease and so on. AI sounded like I was talking to Jerome Powell himself.

IORB is paid out to reserves, which are green in this image

>>512044573
>AI sounded like I was talking to Jerome Powell himself.
lol

>>512044703
>*dark green

>>512044032
>we all remember what happened to the repo market after JPM traders got raided by the FBI for RICO and rigging the silver and treasury markets for YEARS

>>512034547 (OP)
They're already mentally preparing the masses to get ready for when they get their AI toys taken away, they're going to implement a massive ID system and you think they'll allow you to keep a tool that can allow you to create ways to circumvent it AND spread misinformation at a rate never seen before?
>But what about the billions they spent on it? What about the millions they get from people using their services?!
Lel, the real AI shit is being sold to militaries and megacorpos around the world, you really think they spent billions just so jackasses could make 5 second softcore porn gifs? the millions they get from turd worlders prompting "photorealism, big ass, big tits, blonde, woman" is pocket change compared to the deals they are making behind the scenes.

<<<— the new pagan boogeyman
Alex Karp lost it (2/18/25) on CNBC and said "if you are not with tech and jews you were going to be left behind”
Listen to this audio of Karp on CNBC:
https://youtu.be/DkSs1y2uwVc?t=1796
Karp also called himself and his tech buddies the 'builders' of things in this country. when he talked, his stock dropped like a rock
Palantir sells ‘AI’ software to the CIA/FBI, etc.

and the CIA hasn't passed the LAST FIVE FUCKING AUDITS

>>512046648
>Alex Karp

https://archive.4plebs.org/pol/thread/505237484/
^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?
And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?

When is the currency going to be restored to the people? Don't US taxpayers have a right to a debt-free currency issued by their own treasury?

Pic related was just passed.

This is just entitled boomer classists driving the fucking country into the ground for money (mostly from the now-bankrupt NYFed's QE policies) and now destroying the US taxpayer's currency (the fucking US$ which is A FUCKING UNIT), on the world stage with their issued-into-oblivion, worthless Federal Reserve Note.

How fraudulent do you have to be that you can actually destroy a fucking unit of measurement? lol holy fuck

A NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDS
and this is why the Fed seeks to even abolish paper Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZEN:

fiat is the common national bond and cooperation of the value of one's labor
if this fiat is issued by a private, debt-based central bank, then only the central bank profits from the labor of the citizens, not the treasury or the citizens

A NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDS
and this is why the Fed seeks to even abolish paper Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZEN
pic definitely related

and lol
this is the IRS tax rules as of jan 25
lol they want to know what crypto is where and if it was used, when

>>512047262
>ol they want to know what crypto is where and if it was used, when
and how much it was worth when used and where it went

>>512041850
>All adult citizens get personal account in the Central Bank.
this is a cbdc

>>512050419
trump banned a cbdc

top of the page right now

>>512034547 (OP)
they don't want AI running the fed lmao

>>512034638
McConnel appointed him, let's be real.

>>512051989
>they don't want AI running the fed lmao
i bet not

>>512052249
AI prison for thee but not for me

>>512052330
>for thee but not for me
this is what it is
these people have lost their fucking minds

this is who alex karp uses as an example of who is smart

>>512034547 (OP)
you have no idea the size of the AI tsunami approaching
the water is receding right now

Karp:
>so no one actually believes anyone is an expert anymore

>>512053142
>>karp: so no one actually believes anyone is an expert anymore
just like pic related

>>512053196
>>>karp: so no one actually believes anyone is an expert anymore
just like number 3 and 5 in pic rel

>>512053086
>the size of the AI tsunami approaching
for white collar jobs
see >>512037312
states still have the power to decide what is legal

>>512034547 (OP)
I'm pretty sure light bulbs made workers more productive.

US credit unions and community banks (which are regulated outside the Fed and insured by their own pool) are the real economic engines of the local economies and are greater in number (5,000, not counting branches) than bank holding companies under the Fed (4,000 and getting fucking smaller every day as the NYFed’s primary dealers acquire the other bank holding companies and regional banks pic related kek)
If the Federal Reserve Note does crash, Americans can then move to the credit unions, community banks, etc, and we can then issue debt-free US Notes again for commerce, as they were intended to be. These credit unions and community banks also don't hold all the shit MBS and CRE debt, they are much more solvent.

>>512055425
>These credit unions and community banks also don't hold all the shit MBS and CRE debt
like the primary dealers do in pic rel
$4fucking trillion

>>512055496
>extend and pretend
i wonder what AI would say about this

Federal Reserve Thread Series Part 1 of 4
https://archive.4plebs.org/pol/thread/489468608
This thread summarizes the first of a series of four recent separate economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.

In this first paper, Kupiec and Pollock show that the Federal Reserve franchises are insolvent if GAAP accounting is used, which the Fed does not use. The Fed is now balancing their books with an imaginary, 'magic' accounting column called 'Deferred Assets' to perpetuate their bankrupting of the US Treasury and the American taxpayer and to hide their losses and now uncollateralized Federal Reserve Notes. These are operating losses, which don't even include the capital losses from marking-to market their now-worthless securities either, further skewing the real price of credit and hampering the Fed's ability to respond to shocks to the economy, as their balance sheet is full and there is no room to move.

The Fed franchises have only become more insolvent since the paper was released, their losses doubling since Jan 2024 to the tune of ~$214 Billion as of this week.
This thread summarizes how the Fed is insolvent, operating illegally, opening itself up for lawsuits and destroying the American economy when it could just roll off its balance sheet and take cash losses like that. Instead, the Fed franchises choose to take cash losses by still paying their owners dividends and paying out interest to NYFed primary dealers via IORB and to MMFs in Reverse Repo transactions.

’Federal Reserve Losses and Monetary Policy’ Jan 2024
Paul H. Kupiec, Senior Fellow, American Enterprise Institute
Alex J. Pollock, Senior Fellow, Mises Institute
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4712022

>>512056113
Federal Reserve Thread Series Part 2 of 4
https://archive.4plebs.org/pol/thread/491506260/
This thread summarizes the second of a series of four recent separate economics papers examining the current insolvency of the 12 regional Federal Reserve franchises (aka ‘Fed bank/s’ ITT). This paper uses Ordinary Least Squares (OLS) linear regression analysis to examine how shocks from three variables: federal debt, the Federal Reserve assets and/or real GDP affect CPI (chosen to represent prices and inflation).

Mr. Webster’s paper describes how quickly prices respond to shocks in the above three variables and how quickly a new (often higher) price equilibrium is found and how the rest of the system converges to support this new price equilibrium. This paper seeks to measure how quickly the now-insolvent Fed banks enable or ‘accommodate’ the deficit-ridden US government by purchasing securities and how this accommodation then contributes to inflation and price hikes, as measured by CPI.

The Fed banks’ ‘accommodative’ QE purchases of excess US Marketable Debt make room for even more new debt to be issued and *hopefully* sold. This is called Fed ‘accommodation’ and is now becoming a ‘debt death spiral’, which is when a nation (or corporation) has to issue new debt to raise the funds to pay the interest on its old debt. Unfortunately, this new constant debt issuance floods the economy with new currency, mostly enriching the proximal investment class and exacerbating inflation for the rest of us. These QE policies have also led to the insolvency of the Federal Reserve today, massive capital losses and full balance sheets with no room for the Fed to move, further handicapping the debt-based central bank.

The Myth of Fed Political Independence
Thomas J. Webster, Professor Emeritus, Lubin School of Business, Pace University, New York, NY.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4916388

>>512056174
Federal Reserve Thread Series Part 3 of 4
https://archive.4plebs.org/pol/thread/494723606/
This thread summarizes the third in a series of four recent economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.

The third paper explores options for reformation or replacement (abolition!) of the insolvent Fed. The paper begins with a historical analysis that chronicles the Fed’s many past policy failures & their respective crises & how the Fed’s response to said crises further enabled Fed accommodation of $trillions in deficit spending by Congress. The Fed’s four ‘prescriptive’ rounds of QE purchases of US treasuries & MBSs have now resulted in hundreds of billions of embarrassing Fed capital losses & ZERO remittance to the US Treasury since October 2022. But, somehow the Fed is still able to pay out dividends to its shareholders and able to pay out interest on Reserve Balances (IORB) to banks & interest on reverse repo transactions to money market funds (MMFs).

This paper has broad rule recommendations that aim to rein in the Fed & reduce both manipulation & subsidies by Fed market interference. However, these rule recommendations do not address the inflation and recessions already caused by the Fed’s monetary policies. These monetary policy shortcomings could be directly addressed by 1) the abolition of the Fed(!), 2) free banking & 3) commodity-backed money. This paper loosely represents a coalition of conservative groups & their suggestions on how to fix the insolvent Federal Reserve. It examines the current system of borrowing the Fed's private currency, the Federal Reserve Note, & how we can return the role of currency issuance back to the US Treasury, & thus back to the people.

Project 2025 Mandate for Leadership: The Conservative Promise (April 2023)
Chapter 24: ‘Federal Reserve’
Paul Winfree (& additional contributors)
https://static.project2025.org/2025_MandateForLeaders

>>512056232
The third paper was weak, but the first of its kind to suggest the abolition of the Fed. One of the paper’s shortcomings detailed in an excerpt from the Part 3 of 4 thread:

*************** I pause the thread here to point out another egregious error right in the middle of the economic paper being examined. As I have noted before in past threads, such high school-tier errors are so bad that it looks as though these economics papers are not even proofread at all.
Picrel is the error and the following text is what I think the author was trying to convey:

>If government issues too much paper currency, then citizens will doubt the gold peg and turn in their paper for gold from their banks, and these Tier 2 banks, in turn, will then redeem that same paper from the US Treasury and drain the government’s gold
Please feel free to correct me if I am missing something.

To make such an egregious error in the most important sentence in the entire paper begs the question, was it on purpose, mocking the public or are they trying to trick the public into turning in their gold again lololol?
The error in pic related is an example that NO ONE is watching or correcting these people. This author worked for Trump as an economic advisor in his first term. These are the people running the show. This is who we have to rely on to fix things and that is not good. This is why we must be vigilant even more so now, not to just let them install whatever fuck they think b/c THEY ARE THE SAME PEOPLE THAT GOT US HERE IN THE FIRST PLACE.

>>512045440
hi anon, what do you think is going on with Treasury yields rn?

>>512043533
Yes this is interesting

>>512043234
Thanks for this

part 4 of 4 Miran paper is on pic rel and is about tariffs and this post >>512042385

>>512056310
hey anon
they're dropping aren't they?

>>512037725
>>512038115
AI will only ever make a very small highly specialized and -trained sector of the populace "more productive"
its overall effect among vast majority of mass populace will be to degrade, retard, slow down society and civilization

>>512056623
That's what I've heard
my question is: Why

>>512056449
this was good

>>512034547 (OP)
>Powell said BTC is like gold.

>a software project that can be updated, have contentious updates like segwit is like an element of a periodic table
I understand the analogy, but realistically (not financially) people can't negotiate upgrades or changes to gold with Mother Nature like computer scientists can negotiate changes to bitcoin (block size, additional networks) though i think they've given up on improving transactions per second because most transfers are on exchanges instead of p2p

>>512056769
i do agree with this
and another anon in another thread also mentioned it already has all the data it is going to have, so there will be no exponential learning, as the data set only slowly increases

>>512057145
also gold is gold.
where as
>These bitcoins have been through the wallet of the Russian mafia
>so we won't accept them
>but these bitcoins are from Wells Fargo
>so we'll take them

>>512056811
they are likely lower b/c people are shuffling to cover shorts on treasuries?
idk
you have to see if the auction demand is public, primary dealer or treasury at the treasury site

b/c the treasury is ALSO buying in the market
that was the complaint of miran in the paper i was originally going to do part 4 of 4 on, which is pic related
in pic rel ATI refers to the treasury buybacks, which also skew the available maturity curve in the secondary market
it depends WHO is buying during the auctions
and when the treasury buys, it circumvents the Fed

>>512057807
>you have to see if the auction demand is public, primary dealer or treasury at the treasury site
you can see the dif between tenders and accepted bids
pic rel is an example

>>512057807
Thanks, yes the treasury buys have been a finger on the scale since January
(a lot of people want to point to an eyebrow-raising drop in yields—at a time/juncture when they ought not be going down-suppressed given asset market conditions overall—as the Fed's doing)

>>512034547 (OP)
One-off like the light bulb?
Are they fucking high? Are these kikes still lighting candles in tunnels to torture children or what?

if treasuries are scarce, then they get bid up which drives the yield down

for the treasury market to be so 'liquid and deep', how are they so afraid of a liquidity incident?
this is b/c most treasuries are held by a certain class of investors and they just continue to roll them over, so the same people are always holding most of the treasuries
we had about $20T of issuance last year, but many were rollovers
only about $2T was new debt

>>512058412
I know right? Wtf are they talking about?

>>512058356
it's IORB you want to watch
do note how IORB and RRP rates coincide with the amount of reserves in this chart >>512045440
this has been the game since 2008
reserves are the grey area of the chart
you can see how they at first kept FFR at zero, then tried to pay themselves IORB until 2019, when the repo happened
then they were forced to drop IORB again
then their reserves spiked right along with IORB and here we are now and this is seen in pic rel
picrel is why powell won't lower rates
they are fully bankrupting the treasury and only paying the banks (mostly the NYFED's primary dealer and their various subsidiaries)

The lightbulb had massive ramifications for productivity
>yeah let me just work this fucking lathe by candlelight
if AI has as big an impact on productivity as the lightbulb we are all going to fully-automated heaven

>>512059087
>when the repo spike* happened

The AI in pic rel confuses the (at the time) $210 B insolvency of the Fed with the 2023 $210 B collapse of SVB. Lololol The AI then goes on to tell people that the Fed has collapsed. How do 'confabulations' from poor AI hinder the important reformations in our society?
('confabulations' are when AI trains on its own or others' incorrect info and repeats this misinformation as fact.)
Can Microsoft be sued for such false statements from its AI?
The Fed IS INSOLVENT, now in the hole ~$235 Billion) but it has not collapsed, as it has created a magic accounting column (deferred assets) to hide its massive losses. These false search results from AI significantly decrease the ability of the public to not only understand the current failure of the Federal Reserve and its private franchises, but to find remedies to its usurious and nation-wrecking schemes.

The reason I searched for this was b/c I enlightened some of my family members at Thanksgiving about the Fed with a few of my Fed charts and they have been begging me for more information since (a couple almost cried lol). So I wanted to see what they would see if they searched for 'the Fed is bankrupt' and this is the first result, top of the page, fucking AI telling me the Fed has collapsed, derived from erroneous information. kek

>>512059087
Yep and you've been saying this for awhile
I'm still trying to comprehend what they're doing with RRP

>>512059409
if people used cash more the fed would be forced to hold non-interest bearing cash (aka CiC) and it would limit the fed's ability to pay out IORB and RRP (if they have no increase in assets)
this forces the Fed to serve the citizens

but, no.... we have fucking pic rel instead
they are looking for every way to REMOVE THE CURRENCY FROM THE CITIZEN'S HANDS

>>512059189
>work this fucking lathe by candlelight
lol

>>512034547 (OP)
That is a stupid thing to even utter as the lightbulb has increased (((productivity))) many thousand fold as it allows every household and every business to operate 247. What a dumb boomer,. even though I agree that it is evil and should be killed I also think (((money))) and (((trade))) should be killed too.

>>512060236
no violence
/pol/ is a board of peace

>>512037725
I'd rather be "stupid" rather than outsource "my" thinking and be (((smart))) like a kike.

>>512060519
You cannot commit "violence" against (((ai))) as it is not alive and has no feeling and needs to be killed.

>>512060609
simply not using it works too

the people already have the power to stop any tyranny by SIMPLY USING CASH AND LEAVING YOUR PHONE AT HOME sometimes
these two simple things destroy these type of surveillance plans
you already have the fucking power
it is YOU that chooses to continue using the grid to your own detriment
you already have the power right now
you have agency still
they just need your consent to implement it wholly, then having agency won't even matter

the current tech trend is for citizens to not hold or own information or organize it or remember it
they also do not store it on their own computers, but in a foreign cloud that tracks all changes in real time
they only have instantaneous ACCESS to information
people are not being conditioned to retain info or organize it for themselves

tptb are now waiting for anyone with a high amount of intellect and knowledge to die off, then they will just be left with the malleable, dumbed-down 'instantaneous access' population that can't put two and two together

>>512060519
I LOVE this meme lol, nice job : )

>>512061043
I do do exactly what you are suggesting though. I often leave my electronics and go camping without telling anyone where I'll be, I often am completely impossible to reach for weeks or months at a time. In fact I only speak to my brother once or twice a year online, and my parents I only ever talk to face to face or on the phone. I am ashamed to admit that I did use (((ai))) when it first rolled out to try and make porn, but once I realized it was just amalgamating form other art in a shit way I knew that it was fake and all lies and haven't even thought about using it since.

>>512034547 (OP)
Well if you have a bullshit job, you better start learning a real one, AI works and it will only get better in the future.

>>512061914
good
carry on

Money is often falsely equated with productivity, intelligence, class, success, integrity, and/or good taste.
If you equate success with money, you will likely be perpetually dissatisfied, in a constant state of longing.

But if you VALUE THINGS WHICH CANNOT BE BOUGHT, such as:
community
family
work ethic
intellect
fitness
perseverance
cleanliness
honesty
integrity
compassion
tradition
loyalty
reliability
patience
humor
If you value the above, you will always be content and successful, no matter where you are or what you do.
Judge yourself by deed, not possession.

Money does not make food.
Labor, Seeds, Land, Air, Sun, and Water make food— we have ALL of these things WITHOUT fucking money. If you remove JUST ONE of these items, YOU WILL NOT HAVE FUCKING FOOD.
MONEY DOES NOTHING BUT ACT AS A QUANTIFIER FOR FUCKING TRADE.
We cannot have unearned income AT THE EXPENSE OF earned income. Finance must be the servant of production, not its master.

pic rel is why we shouldn't have a debt-based, privately-incorporated central bank 1791

>>512061534
anon, did you see the Richard Werner interview on Tucker?
https://archive.4plebs.org/pol/thread/511622826
almost 3 hours of central bank redpill

>>512062388
nice
oh i missed it
is it your thread?
i will be watching tonight ty

https://www.youtube.com/watch?v=StTKHskg5Tg
here it is too

>>512034547 (OP)
This man is so high on his own farts that he is taking for granted and trivializing something as paradigm-shifting to modern society as the light bulb.

>>512062126
Thank you anon for spreading truth and goodness. May you have a blessed day.

>>512034547 (OP)
the fed question
the jew question
and the child question


all of them are still the jews

>>512063865
we are all in this together
use cash if you love your country, no matter what country you are in

A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and
>the US dollar is a fucking UNIT

We need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.

We can:
1 nationalize Fed banks
OR
2 dissolve Fed and have a series of state banks
OR
3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulation
OR
4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the people

USE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people.

Real paper cash:
>is permissionless
>is private
>is anonymous
>has no transaction fees
>works in power outages
>doesn’t need the internet
>don't need to be a coder to use it
>doesn't depend on another party having a device
>everyone knows exactly how much they have
>has no transaction limits or thresholds for reporting
>money laundering is harder with physical cash, due to transport
>is inclusive, it does not see race
>is harder to use in ransoms
>can’t be hacked
>don’t need to remember a password to use it
>IS the ultimate in payment platforms
>using cash helps people to save money and budget
>puts the power directly in the hands of the people
>keeps the currency near the REAL goods and services
>less paperwork
>is face to face, not face to screen
>makes government theft harder
>using cash forces the debt-based Federal Reserve to serve the citizens

Boycott businesses that do not take cash.
NEVER USE YOUR PHONE TO PAY.
Barter is the real torpedo to these fucking clowns.

>>512062527
Yes I posted 3 posts down from top of archive thread, the YouTube url with chapter list
Tucker asked him a lot of good questions, it was almost all RW

The Federal Reserve Act of 1913 says it will back each $1 Federal Reserve Note in circulation with forty cents of gold.
They don't do this.
The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail.
They are not.
The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US.
It doesn’t.
The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed.
They don’t.
The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt.
It definitely doesn’t do this. LOL PIC RELATED
The Federal Reserve has 3 mandates —people now only talk about the dual mandates, which are stable prices and low unemployment—the third mandate is to keep long term interest rates constant.
They don't do this.
The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will.
They don’t do this.
The Federal Reserve Act of 1913 says its by-laws are not to violate US law.
They do.
The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper.
They do.
The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks.
They don’t.
The Federal Reserve Act of 1913 says Fed banks will publish complete details weekly of their assets and liabilities, as well as the nature of their transactions.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books.
It doesn’t do this.

and

>>512064391
>RW
right wing?

>>512064428
and

The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits.
It doesn’t do this.
The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury.
It doesn’t do this.
The Federal Reserve Act of 1913 says the Fed’s franchise will be forfeited if they violate law.
It is not.
The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold.
They’re not.
The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for all regional Fed bank operating expenses, debts and contracts.
They aren’t.
The Federal Reserve Act of 1913 says Fed member banks will not repurchase US treasuries that have maturities greater than six months from their date of purchase.
They do.
The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold.
They aren’t.

Gold is mentioned 53 times and on 11/25 pages. The word gold is littered throughout the Federal Reserve Act of 1913, basing one promise after another on GOLD. It was the ONLY reason the legislation passed.

The Federal Reserve Act of 1913 says the Federal Reserve will not pay any income tax, its shareholders will receive a 6% dividend or the yield on a US 10-year treasury (whichever is lower) and also to have all their travel expenses paid.
They did manage to uphold these parts of the Federal Reserve Act of 1913.

Why do we have a Federal Reserve again?

A thread for the above:
https://archive.4plebs.org/pol/thread/378535945/#q378535945

kek

Powell has power to do pic rel

>>512064485
;)

The debt-based Federal Reserve (the Fed) and the IRS were both created in 1913.
The new IRS conveniently forced everyone to use their new Federal Reserve Notes to pay their new US Federal Income Tax.
The Fed was supposed to stabilize the US currency by backing every Federal Reserve Note (FRN) issued (TO BUY US TREASURIES) with 40% gold (40 cents of gold for each $1 FRN issued).
In 1933, everyone’s gold was confiscated by the Treasury (except $100 worth/person) b/c the Fed convinced US Pres FDR that Americans were hoarding gold & they were forced to trade their gold in for $20.67/troy oz. Federal Reserve Notes were also now no longer exchangeable for gold.
In 1934 the Gold Reserve Act allowed FDR to establish the gold value of the dollar solely by proclamation & raised the exchange rate to $35/oz troy, extracting wealth & value once again from the American public.
In 1944, the IMF & the International Bank for Reconstruction and Development (IBRD) were formed at the Bretton Woods Conference.
In 1958, Bretton Woods pegs all foreign currencies to the dollar, & the dollar pegged to gold at $35/troy oz. Debt-based Central Banks under the BIS pop up all over the world to facilitate the Fed & the BoE in their check kiting, fractional reserve, debt-based central-banking ponzi.
In 1971, Nixon depegs the dollar to gold entirely, making the US currency free-floating fiat, which completely negated the original Federal Reserve Act of 1913, which was to back each Federal Reserve Note issued with gold.
In 1974, Pres Ford legalizes gold ownership again without limitation & gold is NOW valued at $42/ozt.
The NOW BANKRUPT Federal Reserve & its biggest shareholders, the NYFed’s primary dealers, for the last 50 years & up to today, continue to issue our currency out of thin air, while charging us interest to do so. Rewarding insolvent, failing banks & investment firms using QE and taxpayer money over & over again, acquiring assets during crises, while rigging global markets.

>>512034680
>That was term 1 trump, completely different guy
Not at all a different guy if you read between the lines and listen to after-action reports from insiders. Basically everything he's doing in this term is shit he wanted to do in the last one... it's just that he had too many competent people willing to tell him no on his worst impulses. This time, he learned his lesson: surround himself with incompetent people willing only to say yes kek

>>512065456
ending the Fed should be a bipartisan issue

>>512065630
trump mistakes JPM for the US taxpayer
he thinks 'the fed is our partner'
i had a boomer once say this to me
trump is starting to poke around the sensitive places, naming larry summers
pic rel

>>512066251

>>512066383
I think it's time for Bill to fall on his sword and come clean. Both he and trump were hard pedo partying with big Jeff. He's only got a few years left on earth. It's time to tell the truth.

>>512034547 (OP)
>like the light ulb
??????
One of the biggest inventions in history?

>>512034547 (OP)
AI is a meme. How can businesses replace workers with it when you can't hold it liable like you would a human, and how it'll cost WAY more to keep AI running? LOL

>>512066551
In 2015, Trump called Epstein's island a 'cesspool' and says to ask Prince Andrew what a cesspool it is.
https://www.youtube.com/watch?time_continue=34&v=_0SuZQZGKqo&feature=emb_logo

Another video with Trump about Epstein
https://youtu.be/c3uw9c2uKmU

And
https://youtu.be/JOktR-FbzvU
Trump CPAC 2015
22:50 "Clinton's got a lot of problems coming up with the Island with Jeffery Epstein"

I don't think they have anything like that on trump
he seems more attracted to beautiful established women that are business women
i don't believe those girls were there as victims
and the fact that no one ever asks where were their parents is even more damning of the new lows we have achieved

pic rel the largest owner of the NYFed
five time felon JPM

>>512065729
Hopefully ? the Richard Werner interview will go a long way to achieving that

>>512066893
Yeah, but the problem is that he's likely lying. How do I know this? Because the man lies almost every time he opens his mouth. Every time he says more than four or five sentences, the chance that one of them is demonstrably untrue is near 100%. He's not a credible or trustworthy person, especially where he himself is the topic of concern. The aggregate of all evidence which excludes trump's own "trust me bro" statements is pretty damning.

>>512067186
i'm going to start watching it soon

doesn't matter who won

all theater

>>512068392
more theater

>>512038450
In the previous thread, an anon said about this:

"""
>To return to the light-bulb metaphor, they write that “some inventions, such as the light bulb, temporarily raise productivity growth as adoption spreads, but the effect fades when the market is saturated; that is, the level of output per hour is permanently higher, but the growth rate is not.”
The idea is that AI is really just a tool to calculate or organize things faster which means it will eventually be a market that gets flooded with multiple alternatives, this is why OpenAI almost shat itself over Deepseek. If it reaches that point, and it becomes normalized like having a computer and calculator, it will probably have a rapid growth (where the big players suddenly get rich) and then even off.

They’re skeptical that GENERATIVE AI will take off to the extent that people claim it will, generative AI seems overblown in comparison to having a chatbot on hand. Sloppa is inherently soulless IMO
"""

>>512034547 (OP)

Ai won't make workers productive it will replace workers entirely

>>512046171
This. The whole history of computer and information technologies is a tiny part of the history of war.
Transistors allowed computers to be portable for war, not to have a PC at home.
Translation was for military messages, not for ask for trannies in Thai language.

>>512068448
He's been whining about the Fed since his first term

>>512034547 (OP)
>Is AI as useless as the Fed?
Well, I tell you what truly is useless: pajeets, that's why the US govt. and its Sillicon Valley backers LOVE them
>The US govt. will enforce making programming easy for pajeets
A parody tweet circulated yesterday about the govt. about to ban C and C++ (the programming languages of the White man).
It's actually close to reality: not banned, but requested to be replaceable.
The message is clear: typically low-IQ pajeets with fake diplomas and GPT-generated CVs must be accommodated into a simplified environment according to their limited intelligence where they can effectively replace all Whites, just like gay languages like Python or Rust (or verbose, i.e. pajeet-like scammer languages like Java) will replace C and C++.
Official report (pic related):
>https://media.defense.gov/2022/Nov/10/2003112742/-1/-1/0/CSI_SOFTWARE_MEMORY_SAFETY.PDF
Summary:
>https://www.techrepublic.com/article/cisa-fbi-memory-safety-recommendations/

>>512069642
trump works with the NYFed and visa using solana blockchain and multiple tokens

>>512069810
this was interesting, ty

Trump, Musk, Visa, and the NYFed's largest primary dealers are working toward a tokenized-asset platform out of the new Texas stock exchange. Trump and Musk have been quietly working with some of the NYFed’s primary dealers and other fintech players to cement a new global, digital platform with DIGITAL WALLETS (which inherently require a DIGITAL ID) after the big banks and the SEC, etc just spent four years calling crypto a scam and killing off any undesired blockchain competition.

https://archive.4plebs.org/pol/thread/499902179
^^^^ITT^^^, I outline how this asset-tokenization scheme is designed and its intended consolidation of Federal Reserve Uniparty power behind the scenes out of public view, as Musk and Trump claim the elimination of corruption and fraud, while eliminating any blockchain competition and simultaneously trying to establish a new need for their digital wallets and digital IDs.

As Trump and Musk superficially criticize the poor accounting, waste and fraud in the US government, they conveniently omit that JPM is the account validator for these fraudulent US government contracts/accounts and they ALSO never admit that the BANKRUPT, private 12 Federal Reserve franchises are the US government’s fiscal agents, cutting the 'untraceable' fraudulent checks.

Instead of identifying and rooting out the real financial entities facilitating this waste and fraud, Musk and Trump actively blame the ballooning debt and deficit spending on everything BUT Fed ‘accommodation’ and QE, while they simultaneously aid the 2008 banking failures in their current looting of our US Treasury via IORB and RRP, their further acquisition of tangible assets and their destruction of the value of our labor and national currency.

pic rel
Musk and his MOTHER privately met with Dimon and 200 of JPM's largest investors in Miami on Thurs Feb 6th, days before he began his 'audits' of the US Treasury and USAID revelations.

>>512070447
>JPM is the account validator for these fraudulent US government contracts/accounts
just appointed by yellen in 2023 during peak liberal lunacy

never admit that the BANKRUPT, private 12 Federal Reserve franchises are the US government’s fiscal agents, cutting the 'untraceable' fraudulent checks.
getting fees on every transaction in every fucking governemnet agency in pic rel

the treasury needs to resume its role

on Financialization of capital markets more broadly

>>512071486
picrel also has to do with stock buybacks

the legislative volley between boomers and billionaires that leaves everyone out:
NYFed owners say they need more taxes from social security/medicare payments to pay them interest
boomers say big bank fleecing of the country is fine as long as they're getting social security
and they both continue to make laws to protect their positions, so now, effectively all wealth is going to the old and dying

>>512069054
>temporarily raise productivity growth as adoption spreads, but the effect fades when the market is saturated
Doesn't that describe every invention ever made? It's only an advantage until everyone has it. That's completely irrelevant to the severity of the impact it has on society.

>>512071486
I'm sure buybacks have something to do with this

>>512072001
>It's only an advantage until everyone has it.
why does it have to be an advantage to be useful?

ok going to watch tucker and werner video
see you anons next time

>>512064391
see you later anon
thx for the video

picrel
Why is the NOW over $1.1 Trillion/year in interest paid on our Marketable (aka Public Issues) and Intragovernmental Debt (aka GAS treasuries) never included in the deficit?
B/c the Fed gets paid first by the IRS, as the NYFed is the US Treasury's operating fiscal agent, then what is left over from IRS tax revenues, the NYFed then deposits into the Treasury General Account (aka TGA).
IOW, the fucking interest is taken out FIRST from tax revenues by the NYFed AND IS NEVER EVEN ON THE DEFICIT CHOPPING BLOCK.

With a red sweep, we will be able to see the Federal Reserve Uniparty in full view. Constant gridlock in Congress has concealed the true power of the Federal Reserve Uniparty.
Don’t forget that the right had prior full control for at least a year under Trump’s first term and passed NOTHING in regard to the INSOLVENT, private Fed franchises that are now bankrupting the US Treasury for every last dime they can get (mostly the NYFed).

Why don't we just issue US Notes ONLY for deficit spending? US Notes BENEFIT THE CITIZENS and DO NOT ADD TO our current debt. They could also be digital, only to be used in the US. Why don’t Musk or Trump ever suggest this? This is already fucking legal.
US Notes circumvent the need to borrow our currency from the Federal Reserve, that's fucking why.
Why do ALL of the proposed solutions to our debt only include the bankrupt Federal Reserve?

US NOTES ARE NOT A NOVEL IDEA, THEY JUST DON'T BENEFIT THE FEDERAL RESERVE, WHICH IS WHY US NOTES ARE NEVER MENTIONED DESPITE BEING THE EXACT SOLUTION THAT WE NEED RIGHT FUCKING NOW

>>512034547 (OP)
Fed also said BTC and other crypto was worthless
because they weren't involved yet
e = mc2 + AI

>>512034547 (OP)
>Is AI as useless as the Fed?
There's nothing new to be said that hasn't already been said to death about who, what, when, why, and where the corruption occurs. Now, thanks to machine learning, large language modeling, and aggressive mimicry, all the currency narratives are being farmed out to A.I. algorithms.