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The Fed created IORB to “fix” problems caused by its own interventions. Now it pays banks risk-free interest to not lend into the economy. Washington breaks the market, then sells itself as the solution. Now the Fed is paying Wall Street over $300 million per day in interest for... show more

Senator Rand Paul

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43,932 views • 6 months ago •via X (Twitter)

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Supposedly, the Fed exists to support a stable economy. Meanwhile, five banks collected $188 billion in interest from the Fed, and every dollar came from taxpayers. Why are banks being rewarded by an institution in our government for parking cash instead of lending it? My bill stops these interest payments and audits the system. I have two bills for this: one to audit the Fed and another to end the Fed’s big bank bailout. This money ought to go back to Main Street, not Wall Street.

Supposedly, the Fed exists to support a stable economy. Meanwhile, five banks collected $188 billion in interest from the Fed, and every dollar came from taxpayers. Why are banks being rewarded by an institution in our government for parking cash instead of lending it? My bill stops these interest payments and audits the system. I have two bills for this: one to audit the Fed and another to end the Fed’s big bank bailout. This money ought to go back to Main Street, not Wall Street.

Senator Rand Paul

172,898 views • 9 months ago

The Fed has paid big banks nearly half a trillion taxpayer dollars over five years just to hold their money—rewarding them for not lending. To stop this, I introduced the End the Fed’s Big Bank Bailout Act to ban the Fed from paying interest on reserves for big financial institutions. If President Donald J. Trump wants to lower interest rates, this legislation is a real solution.

The Fed has paid big banks nearly half a trillion taxpayer dollars over five years just to hold their money—rewarding them for not lending. To stop this, I introduced the End the Fed’s Big Bank Bailout Act to ban the Fed from paying interest on reserves for big financial institutions. If President Donald J. Trump wants to lower interest rates, this legislation is a real solution.

Senator Rand Paul

48,951 views • 11 months ago

This is the difference between a Dunkin Donuts egg sandwich pricing in Vegas vs the rest of the country Even the employees say the prices are stopping people from coming to Vegas Hotels like Ceasers are in so much debt their interest payments have been as high as $6.5 million PER DAY, now averaging $2.36 million per day just in interest payments Interest rates the banking industry is allowed to get away with is CRUSHING the American economy Think about that, over $2 million a day just in interest…

This is the difference between a Dunkin Donuts egg sandwich pricing in Vegas vs the rest of the country Even the employees say the prices are stopping people from coming to Vegas Hotels like Ceasers are in so much debt their interest payments have been as high as $6.5 million PER DAY, now averaging $2.36 million per day just in interest payments Interest rates the banking industry is allowed to get away with is CRUSHING the American economy Think about that, over $2 million a day just in interest…

Wall Street Apes

2,844,829 views • 11 months ago

🚨 THE AI BUBBLE JUST GOT ITS BIGGEST WARNING YET. The Fed is now officially linking AI demand to higher inflation. If AI keeps pushing prices higher... The Fed may have no choice but to keep rates higher for longer. No easy money, No rate cuts. The biggest bull market on Wall Street may now be fighting against the Fed itself.

🚨 THE AI BUBBLE JUST GOT ITS BIGGEST WARNING YET. The Fed is now officially linking AI demand to higher inflation. If AI keeps pushing prices higher... The Fed may have no choice but to keep rates higher for longer. No easy money, No rate cuts. The biggest bull market on Wall Street may now be fighting against the Fed itself.

Crypto Rover

170,755 views • 1 month ago

The Fed cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the labor market. Fed Reserve Chairman Jerome Powell is speaking following the decision.

The Fed cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the labor market. Fed Reserve Chairman Jerome Powell is speaking following the decision.

ABC News

155,870 views • 9 months ago

🚨 BREAKING 🇺🇸 FED JUST INJECTED $1,380,000,000.00 INTO THE ECONOMY RIGHT AFTER THE U.S. MARKET OPENED! THE NEW FED CHAIR, KEVIN WARSH, IS URGENTLY TURNING ON THE MONEY PRINTERS RIGHT BEFORE THE INTEREST RATE DECISION. SOMETHING VERY BAD IS HAPPENING RIGHT NOW...

🚨 BREAKING 🇺🇸 FED JUST INJECTED $1,380,000,000.00 INTO THE ECONOMY RIGHT AFTER THE U.S. MARKET OPENED! THE NEW FED CHAIR, KEVIN WARSH, IS URGENTLY TURNING ON THE MONEY PRINTERS RIGHT BEFORE THE INTEREST RATE DECISION. SOMETHING VERY BAD IS HAPPENING RIGHT NOW...

0xNobler

144,112 views • 16 days ago

The Fed hiked interest rates to the highest level in 20 years. Now, rents and mortgages are going up and housing is out of reach for many families. Enough is enough. It’s time for the Fed to cut interest rates.

The Fed hiked interest rates to the highest level in 20 years. Now, rents and mortgages are going up and housing is out of reach for many families. Enough is enough. It’s time for the Fed to cut interest rates.

Elizabeth Warren

383,857 views • 2 years ago

We're all thinking about Trump's battle with the Federal Reserve the wrong way. Trump isn't taking revenge on Jerome Powell for refusing to do his bidding on interest rates. This is about who controls the economy. The Founders said YOU do. Want to change how Congress handles your taxes? Vote them out! Is Congress trying to influence the free market too much? Vote them out! But Congress gave much of their power to the Fed, which answers to the BANKS, not you. Now, the Fed sets interest rates and holds our tax dollars. Want to make the system fair again? ABOLISH THE FED.

We're all thinking about Trump's battle with the Federal Reserve the wrong way. Trump isn't taking revenge on Jerome Powell for refusing to do his bidding on interest rates. This is about who controls the economy. The Founders said YOU do. Want to change how Congress handles your taxes? Vote them out! Is Congress trying to influence the free market too much? Vote them out! But Congress gave much of their power to the Fed, which answers to the BANKS, not you. Now, the Fed sets interest rates and holds our tax dollars. Want to make the system fair again? ABOLISH THE FED.

Glenn Beck

575,553 views • 7 months ago

Leavitt: I think the president made his position on the Fed and Powell quite clear. The president believes they have been making moves and taking action in the name of politics rather than in the name of what is right for the American economy. The president has the right to express his displeasure with the fed and believes interest rates should be lower. I also spoke to Kevin Hassett about the fed. He's called into question the fed's Independence and whether they are actually doing things out of the best interest of the economy or if they are doing it for partisan reasons. The president wants to see interest rates lower. He's made that quite clear.

Leavitt: I think the president made his position on the Fed and Powell quite clear. The president believes they have been making moves and taking action in the name of politics rather than in the name of what is right for the American economy. The president has the right to express his displeasure with the fed and believes interest rates should be lower. I also spoke to Kevin Hassett about the fed. He's called into question the fed's Independence and whether they are actually doing things out of the best interest of the economy or if they are doing it for partisan reasons. The president wants to see interest rates lower. He's made that quite clear.

Acyn

545,826 views • 1 year ago

Everyone thinks the Fed prints endless money. So why does the world keep running short of dollars? Because what the Fed actually creates is not the money the world uses. It creates bank reserves. Those are not real money. They are limited-use tokens that only work inside the interbank system. The dollars that move the world are private bank money, created when commercial banks lend. Ledger entries on JP Morgan, on Deutsche Bank. That is the disconnect. The Fed can flood the system with reserves, but if banks will not lend, no real money reaches the economy. That was the entire 2010s. Everyone saw the reserves and screamed inflation, dollar to zero. The opposite happened, because the banks stayed constrained. So a dollar shortage has almost nothing to do with the Fed. It is about whether banks are willing to move. And right now, they are not.

Everyone thinks the Fed prints endless money. So why does the world keep running short of dollars? Because what the Fed actually creates is not the money the world uses. It creates bank reserves. Those are not real money. They are limited-use tokens that only work inside the interbank system. The dollars that move the world are private bank money, created when commercial banks lend. Ledger entries on JP Morgan, on Deutsche Bank. That is the disconnect. The Fed can flood the system with reserves, but if banks will not lend, no real money reaches the economy. That was the entire 2010s. Everyone saw the reserves and screamed inflation, dollar to zero. The opposite happened, because the banks stayed constrained. So a dollar shortage has almost nothing to do with the Fed. It is about whether banks are willing to move. And right now, they are not.

Jeffrey P. Snider

62,137 views • 25 days ago

Stocks plunged on Wall Street, with the Dow suffering its worst day in more than a year after the Federal Reserve announced it was keeping interest rates unchanged for now. Elizabeth Schulze reports amid growing concerns about the economy.

Stocks plunged on Wall Street, with the Dow suffering its worst day in more than a year after the Federal Reserve announced it was keeping interest rates unchanged for now. Elizabeth Schulze reports amid growing concerns about the economy.

World News Tonight

20,750 views • 15 days ago

One of the most ridiculous "theories" about the current risk selloff especially Bitcoin and crypto is that the market is having a tantrum KC Jeff at the Fed won't let the FOMC cut rates in December. Delaying a quarter-point cut to the fed funds rate by a few months is responsible for BTC down by 33%? It's beyond stupid. But in the absence of knowledge and understanding, the mainstream goes full Pavlov, defaulting to the Fed. Fed. Fed. Fed Fed is irrelevant. They're rate cuts react to problems, which is why they're going to be cutting no matter how much Schmid protests (see: every market that matters). What's going on with Bitcoin has almost nothing to do with Bitcoin - it's a risk asset that is being sold because risky investors are now getting very worried about, well, taking risks. That's why Bitcoin is now correlated with junk bond spreads. Flat Beveridge rules, not the Fed.

One of the most ridiculous "theories" about the current risk selloff especially Bitcoin and crypto is that the market is having a tantrum KC Jeff at the Fed won't let the FOMC cut rates in December. Delaying a quarter-point cut to the fed funds rate by a few months is responsible for BTC down by 33%? It's beyond stupid. But in the absence of knowledge and understanding, the mainstream goes full Pavlov, defaulting to the Fed. Fed. Fed. Fed Fed is irrelevant. They're rate cuts react to problems, which is why they're going to be cutting no matter how much Schmid protests (see: every market that matters). What's going on with Bitcoin has almost nothing to do with Bitcoin - it's a risk asset that is being sold because risky investors are now getting very worried about, well, taking risks. That's why Bitcoin is now correlated with junk bond spreads. Flat Beveridge rules, not the Fed.

Jeffrey P. Snider

17,442 views • 8 months ago

Europe just cut interest rates for the 8th time to just 2%. Meanwhile, the Fed keeps rates at 4.3% — one of the highest rates in 25 years. The Fed is sabotaging Trump -- and the economy. And could hand the Midterms to Democrats.

Europe just cut interest rates for the 8th time to just 2%. Meanwhile, the Fed keeps rates at 4.3% — one of the highest rates in 25 years. The Fed is sabotaging Trump -- and the economy. And could hand the Midterms to Democrats.

Peter St Onge, Ph.D.

539,222 views • 1 year ago

Rick Rule: Politically, the Fed will ultimately have to lower interest rates. We have entered an inflationary era similar to the 70s, but the fiscal situation is vastly different. - Debt/GDP: ~30% then vs ~123% now - Interest expense: ~$50B then vs ~$1.2T now - Deficits: ~1–4% then vs ~6% now In fact, the government now pays more in annual interest expenses than the entire US debt was in the late 70s. But it’s not just the government that can’t afford higher rates. Markets will feel it too: - Private credit - Consumer durables - Real estate All are heavily impacted by higher interest rates. Sooner rather than later, political pressure will force the Fed to lower rates. Volcker was able to hike aggressively because debt/GDP had been inflated away after WW2. Today, debt/GDP is above WW2-era levels, which is why the US can’t fight inflation the same way it did in the early 80s. First you inflate the debt away to a more manageable level... Then you raise rates to kill inflation. Not the other way around.

Rick Rule: Politically, the Fed will ultimately have to lower interest rates. We have entered an inflationary era similar to the 70s, but the fiscal situation is vastly different. - Debt/GDP: ~30% then vs ~123% now - Interest expense: ~$50B then vs ~$1.2T now - Deficits: ~1–4% then vs ~6% now In fact, the government now pays more in annual interest expenses than the entire US debt was in the late 70s. But it’s not just the government that can’t afford higher rates. Markets will feel it too: - Private credit - Consumer durables - Real estate All are heavily impacted by higher interest rates. Sooner rather than later, political pressure will force the Fed to lower rates. Volcker was able to hike aggressively because debt/GDP had been inflated away after WW2. Today, debt/GDP is above WW2-era levels, which is why the US can’t fight inflation the same way it did in the early 80s. First you inflate the debt away to a more manageable level... Then you raise rates to kill inflation. Not the other way around.

Lukas Ekwueme

54,518 views • 1 month ago

The Fed is meeting to set interest rates, and they’ll have to do it without a full picture of what’s really happening to workers and families. That’s reckless. Trump needs to release the jobs report now. Families deserve the facts about the economy, not more lies from Trump.

The Fed is meeting to set interest rates, and they’ll have to do it without a full picture of what’s really happening to workers and families. That’s reckless. Trump needs to release the jobs report now. Families deserve the facts about the economy, not more lies from Trump.

Elizabeth Warren

120,754 views • 9 months ago

Even if Jerome Powell steps down from Fed Chair, he may not leave power. Former Fed insider Danielle DiMartino Booth breaks down: • The Fed–Trump showdown • Powell as a potential shadow Fed chair • Gold’s surge: is it replacing USTs? • Why Bitcoin still trades risk-on TIMESTAMPS: 00:00 Powell vs Trump: a political Fed battle 2:09 Could Powell refuse to leave? 7:22 Labor market crisis no one sees 8:48 Should interest rates actually be lower? 13:46 Gold mania explained 18:33 Is the dollar losing reserve status? 20:56 What breaks passive investing 22:38 Are we heading toward socialism? 24:20 How to fix America’s economy 33:21 Bitcoin as a risk barometer 36:17 Advice for everyday Americans

Even if Jerome Powell steps down from Fed Chair, he may not leave power. Former Fed insider Danielle DiMartino Booth breaks down: • The Fed–Trump showdown • Powell as a potential shadow Fed chair • Gold’s surge: is it replacing USTs? • Why Bitcoin still trades risk-on TIMESTAMPS: 00:00 Powell vs Trump: a political Fed battle 2:09 Could Powell refuse to leave? 7:22 Labor market crisis no one sees 8:48 Should interest rates actually be lower? 13:46 Gold mania explained 18:33 Is the dollar losing reserve status? 20:56 What breaks passive investing 22:38 Are we heading toward socialism? 24:20 How to fix America’s economy 33:21 Bitcoin as a risk barometer 36:17 Advice for everyday Americans

Natalie Brunell ⚡️

165,837 views • 6 months ago