Should AI replace the Fed? https://www.forbes.com/sites/johnwerner/2025/09/14/academics-simulate-federal-reserve-committee-meeting-with-ai-agents/
>>517421539That's the most DEI study I have read this year.
>>517421539But of course, if us little people get incarcerated in the UBI pods, then these nepotist fucks need no jobs either. They will live their lives in luxury though, and not care about their grandchildren being raw material for GMO biorobots.
>>517422093we have the power right nowthe use of cash alone
>>517421539>AI is put in charge of the Fed>immediately ends itwhat would happen?
>>517422298no meme flags ITT pleaseimagine the societal evolution if /pol/ just eliminated memeflags
anyone up for a fed thread?
JPM robbing illegal immigrants in the US with super high rate Tricolor loans, while also undercutting American citizens' ability to purchase cars.JPM and Barclays using ITIN numbers to fleece desperate immigrants.Then these two NYFed primary dealers are about to fleece investors out of billions, too, b/c they also sold these ridiculous subprime car loans as ABSs (asset-backed securities) kek. https://www.livemint.com/companies/company-results/jpmorgan-fifth-third-among-banks-facing-losses-tied-to-tricolor-11757470534768.html>enabling illegal immigration>NYFed primary dealers>new Dallas/Texas financial exchange and its 'value chain'>increased rates for auto loans>increased car prices>US fucking government working directly to undermine the American middle class (of every fucking color, too)
kek thread on autosage
lol
>>517422959>>US fucking government working directly to undermine the American middle class (of every fucking color, too)
>>517423858>>>US fucking government working directly to undermine the American middle class (of every fucking color, too)
<<<----and at the same time, this is JPM, deciding who is legitthey very issuers of our currency, undermining it
>>517424039>the*
I love 4chan and thank God for it everyday
>>517421539Just end the fed already
>>517424407yeswe need to restore the currency to the peoplethe Fed is a failed contractoryou cannot contract debt greater than your own existence
>>517423919>>>>US fucking government working directly to undermine the American middle class (of every fucking color, too)
>>517424869>>>US fucking government working directly to undermine the American middle class (of every fucking color, too)
>>517425912>>>>US fucking government working directly to undermine the American middle class (of every fucking color, too)NO FEDERAL BORDERSNO FEDERAL INCOME TAXESit's pretty simple
this song is dedicated to my momhttps://www.youtube.com/watch?v=Dw9VmOLwxoM
>>517426653>>>>>US fucking government working directly to undermine the American middle class (of every fucking color, too)
>>517421539I believe the space alien gods hidden on the clouds with their giant anti gravitational space ships should be able to wire you money based on your services to mankind as a whole.
>>517427261Money 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.
>>517421539was thinking how much information people will willingly submit to AI chat bots that they would even second guess searching about. somehow the chat feels private, even though most of them are owned by the same companies that are stealing all the other information.google/facebook/bing-microsoft.it's like giving people a confident, an insider they trust, and they'll just spill all their secrets, thoughts and ideas.and the mega corps can scrape anything they want to.some ai chats say the chat is private, even stored locally some of them, but I would expect that's about as true as info on search engines "not being personally identifiable", despite having your birthdate, ip, home address, blood type and rib-count
>>517422381memeflags didn't use to exist. it was better before
>>517427261jews instantly in debt for a thousand lifetimes of funds
>>517427617do you know what pic rel is?
>>517427854not really. I've always been clueless about economics, seem to have no interest, which might explain why I have no money.BAYS G
>>517428212the currency must be restored the peoplewe hired a private contractor, they failedto issue a currency in debt is to enslave a population, you are forever to the negative
>>517428459>the currency must be restored to the peoplewhy there should never be a private, debt-based central bank 17 fucking 91
here is JPM selling these auto loan securities to fucking boomers
when is the currency going to be restored to the people?every nation gives its own currency validityfor a nation to look outside for the value of its currency is to be not a currency at all
my part 4 of 4 thread is coming along nicely
Federal Reserve Thread Series Part 1 of 4 https://archive.4plebs.org/pol/thread/489468608This 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 2024Paul H. Kupiec, Senior Fellow, American Enterprise InstituteAlex J. Pollock, Senior Fellow, Mises Institutehttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4712022
>>517421539No, AI can't replace it, but it can make it more efficient. It was an interesting read nonetheless. I'm always interested in how the world works.
>>517431042Federal Reserve Thread Series Part 2 of 4https://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 IndependenceThomas J. Webster, Professor Emeritus, Lubin School of Business, Pace University, New York, NY. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4916388
>>517431204:)this is one of the nine institute professors of MIT
>>517431267Federal 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
>>517431267>>517431042>>517431725for part 4 of 4, Trump's economic advisor and now on the Fed board of governors, Steve Miran’s papers will be the focusi have three papers by miran:1) one paper criticizes treasury buybacks for cutting into his 10 yr yield as a hedge fund trader2) another paper discusses war, tariffs, the triffin dilemma b/c we are the reserve currencyHe suggests selling our gold to purchase bond swaps key3) and the third paper, in which we NATIONALIZE the Fed and make the US STATE governors more important in their nationalized Fed franchise
Wouldn't matter the feds would be the ones controlling the "ai"
US taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt$562 billion($562,000 million)Pic relatedHow it is:>US government needs currency >US Treasury prints up some bonds>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy said bonds from US Government>US government now has new currency created out of thin air by Fed banks>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee AND DIVIDENDS to the NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt How it should be:>Congress makes annual budget>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currencyAre Americans ever going to realize this fraud?>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it
>>517432534Wait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES. This is called the Intragovernmental Debt and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in >>517432534Pic related is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)$718 BILLION in interest paid$718,000 MILLION in interest paid$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022
>>517421539LMAO they already lost a trader AI that became rogue and now they want to get one that directly controls banking? Did they forget how many times the AI and bots tried to nuke wall street so much so they had to include a literal reset button?
>>517432534>new debt-free US Notes issued by the US Treasury itselfWithout interest no one would ever accept this.
>>517421539AI should replace Israel.
>>517432820<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)$666B lol, can't even make this shit up
>>517433277US taxpayers paid $1.1 TRILLION IN INTEREST ALONE for FY 2024 to borrow our own currency from the private Federal Reserve. The interest to borrow the Fed's private currency has fucking ~doubled in the last three years--- see here >>517432534. Let that sink in.
fucking kek<<<<—The red arrow is the running tally just for the US Intragovernmental Debt. These ‘unfunded liabilities’ include Medicare (~70% of picrel) and Social Security (~25%) and Disability (~5%).$152 TRILLION (US taxpayers paid $237 Billion in interest on this Intragovernmental Debt in FY 2024 ALONE). This is the amount that is owed out, as of today, based on what was taken in, in (mostly) payroll taxes.THIS DOES NOT INCLUDE the ~$36 TRILLION in Marketable Debt (aka Public Issues) that the public is always bitching about (US taxpayers paid $896 B in interest on this in FY 2024 ALONE).So, the running tally for US currency ‘borrowed’ from the NOW-INSOLVENT private Federal Reserve's debt franchise is ~$187 Trillion. $187 fucking TRILLION.https://fiscaldata.treasury.gov/datasets/interest-expense-debt-outstanding/interest-expense-on-the-public-debt-outstanding#data-table
pic rel is a trillion fucking federal reserve notes PAID to have our own fucking currency
>>517433067nointerest is what drives the commercial tier 2 banking sector#3 below is commercialthere are FOUR ways currency is created in the US:1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$35 T)2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $152 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates
>>517434508>china will collapse any minute
>>517431725The 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 goldPlease 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.
party is fucking over
>>517421539Anyone who seriously recommends that should SERIOUSLY be shot. Immediately.
lolholy fuckthere are at least two lies here
>>517421539The Fed should be abolished
>>517421539every single government official should be replaced with ai
i'm off to bed
>>517421539Fed is Jewish
>>517435249kek the Fed hasn't done this since Oct 2022i'm being fucking nice
lazy skimmers dread real price discoveryi would pay attention if i were you
we are going to nationalize the fucking fed
the US economy is going to RUN RIGHT THE FUCK OVER THE FEDERAL RESERVE
do what you will with the threadsee you anons next time
