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1. Embed this notice
   feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 03:59:23 JST feld
   In case your'e wondering how it's going, the banks have given $1.6T in assets to the Federal Reserve for liquidity and it's only getting worse.
   
   Notice how the graph is empty until recently.
   • Embed this notice
     iced depresso (icedquinn@blob.cat)'s status on Thursday, 25-Jan-2024 04:00:26 JST iced depresso

     in reply to
     @feld money magic bullshit going on this week?
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:01:01 JST Sexy Moon

     in reply to
     @feld is it true that everybody is getting laid off so biden can try to put a cap on inflation
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:02:26 JST feld

     in reply to
     The banks can't pay back this loan unless the Fed cuts interest rates so they don't have to pay out as much to depositors. And the recent move to limit overdraft fees to $3 is going to cut billions of revenue out of the banking system too.
     
     https://www.nerdwallet.com/article/banking/cfpb-enormous-savings-for-americans-by-limiting-overdraft-fees
   • Embed this notice
     Piggo :verified_horse: (piggo@piggo.space)'s status on Thursday, 25-Jan-2024 04:02:46 JST Piggo :verified_horse:

     in reply to

     • Sexy Moon
     @Moon @feld no
     Sexy Moon likes this.
   • Embed this notice
     dictatordave (dictatordave@poa.st)'s status on Thursday, 25-Jan-2024 04:03:04 JST dictatordave

     in reply to

     • Sexy Moon
     @Moon @feld yea but the black gay chick says everything is fine, isn't that like gospel and shit
     
     lol
     
     its going to be awesome when hyper inflation hits and mobs kill minorities and fags just because they were remotely party to all this shit
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:03:04 JST Sexy Moon

     in reply to

     • dictatordave
     @dictatordave @feld I hate 70 iq muppet head
   • Embed this notice
     lainy (lain@lain.com)'s status on Thursday, 25-Jan-2024 04:04:19 JST lainy

     in reply to

     • Sexy Moon
     @Moon @feld interest will need to come down again in the US, the US gov is already bankrupt but it can go a few more years if it can refinance at 0.1% again.
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:04:41 JST feld

     in reply to

     • Sexy Moon
     @Moon replace Biden in that sentence with Federal Reserve and the answer is yes. It's exactly what Jerome Powell has stated as one of their goals: increase unemployment, reduce wages to bring inflation down. Once inflation is fixed they'll go back to focusing on full employment again.
     
     You get poverty wages
     
     and you get poverty wages
     
     and YOU get poverty wages
     Sexy Moon likes this.
   • Embed this notice
     :verified_2:防空識別區𝒔𝒐𝒄𝟶 (adiz@soc0.outrnat.nl)'s status on Thursday, 25-Jan-2024 04:05:43 JST :verified_2:防空識別區𝒔𝒐𝒄𝟶

     in reply to

     @feld@bikeshed.party lol fuck banks

     feld likes this.
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:06:26 JST Sexy Moon

     in reply to
     @feld so lay off and rehire at lower wages
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:07:00 JST feld

     in reply to

     • Sexy Moon
     @Moon yes, exactly the strategy
   • Embed this notice
     Christmas Man (christmas_man@thebag.social)'s status on Thursday, 25-Jan-2024 04:10:33 JST Christmas Man

     in reply to

     • iced depresso
     • SlicerDicer
     ON RRP was over $1tn for over a year, nobody cared.
   • Embed this notice
     SlicerDicer (slicerdicer@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:10:33 JST SlicerDicer

     in reply to

     • iced depresso
     • Christmas Man
     @Christmas_Man @feld @icedquinn RRP is minor to this, when you check the collateral and requirements.
     feld likes this.
   • Embed this notice
     SlicerDicer (slicerdicer@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:10:34 JST SlicerDicer

     in reply to

     • iced depresso
     @icedquinn @feld >> money magic bullshit going on this week?
     
     this has been going on since march 12 2023
     
     Literally No one is paying attention
   • Embed this notice
     SlicerDicer (slicerdicer@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:11:57 JST SlicerDicer

     in reply to

     • iced depresso
     • SlicerDicer
     • Christmas Man
     @Christmas_Man @feld @icedquinn
     
     In fact its really quite simple it fits on the same amount of paper as TARP
     
     https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20230312a1.pdf
     feld likes this.
   • Embed this notice
     ロミンちゃん (romin@shitposter.club)'s status on Thursday, 25-Jan-2024 04:12:30 JST ロミンちゃん

     in reply to

     • Sexy Moon
     • lainy
     @lain @feld @Moon OR the US can go to war :l_well:
   • Embed this notice
     lainy (lain@lain.com)'s status on Thursday, 25-Jan-2024 04:13:46 JST lainy

     in reply to

     • Sexy Moon
     • ロミンちゃん
     @romin @feld @Moon someone still has to pay for it
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:22:18 JST feld

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @lain @Moon @romin the US can never go bankrupt, though. The Federal Reserve even made changes in 2011 to prevent it from being a remote possibility on their end too.
     
     > Effective January 1, 2011, as a result of the accounting policy change, on a daily basis each Federal Reserve Bank will adjust the balance in its surplus account to equate surplus with capital paid-in and, in addition, will adjust its liability for the distribution of residual earnings to the U.S. Treasury. Previously these adjustments were made only at year-end. Adjusting the surplus account balance and the liability for the distribution of residual earnings to the U.S. Treasury is consistent with the existing requirement for daily accrual of many other items that appear in the Board’s H.4.1 statistical release. The liability for the distribution of residual earnings to the U.S. Treasury will be reported as “Interest on Federal Reserve notes due to U.S. Treasury” on table 10. Previously, the amount necessary to equate surplus with capital paid-in and the amount of the liability for the distribution of residual earnings to the U.S. Treasury were included in “Other capital accounts” in table 9 and in “Other capital” in table 10.
     
     https://archive.is/wEP0p
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:22:53 JST feld

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @lain @Moon @romin
     
     IMF: https://www.imf.org/external/np/exr/center/mm/eng/mm_dt_01.htm
     
     even ECB!
     
     "ECB can't go bankrupt even it suffers losses"
     
     https://www.reuters.com/article/idUSKBN27Z12Z/
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:23:14 JST Sexy Moon

     in reply to

     • lainy
     • ロミンちゃん
     @feld @lain @romin what happens if you can't go bankrupt but you keep fucking u-p
   • Embed this notice
     lainy (lain@lain.com)'s status on Thursday, 25-Jan-2024 04:25:07 JST lainy

     in reply to

     • Sexy Moon
     • ロミンちゃん
     @feld @Moon @romin i mean, at some point people will not take monopoly money anymore
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:26:06 JST feld

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @lain @Moon @romin People are really stupid and dangerously patriotic, so they'll keep their faith in the money longer than is reasonable which worries me a lot
     lainy likes this.
   • Embed this notice
     SlicerDicer (slicerdicer@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:26:46 JST SlicerDicer

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @romin @feld @lain @Moon
     
     Its easier to fill out the form.
     
     [FORM OF EMAIL FOR BANK TERM FUNDING PROGRAM]
     
     Reference is made to the Bank Term Funding Program first announced by the Board of Governors of the Federal Reserve System (the “Board”) on March 12, 2023, as the terms and conditions for such program may be amended, supplemented, or otherwise modified from time to time (the “Program”).
     The borrower hereby agrees that all advances made pursuant to the Program shall be governed by (i) the terms of the Federal Reserve Banks’ Operating Circular 10, Lending, as amended, modified, or otherwise supplemented from time to time (“OC-10”); and (ii) the terms and conditions set forth for the Program and such other terms or conditions as may be specified for the Program by the Board or the Federal Reserve Banks, each as amended, supplemented, or otherwise modified from time to time (the “Terms”).
     Solely with respect to advances made under the Program:
     All advances made under the Program shall be deemed to be “Advances” for purposes of OC-10.
     The interest rate applicable to an Advance shall be a fixed rate determined in accordance with the Terms and announced by the Board or the Federal Reserve Banks from time to time.
     Paragraph 5.1(a) of OC-10 shall not apply.
     The borrower, for each request for an advance, shall specify its requested principal amount and term of the advance, which term shall be no more than one year.
     To the extent there is any inconsistency or conflict between this email, the Terms, and OC-10, such inconsistency or conflict shall be resolved pursuant to the following order of precedence: (i) the terms of this email shall prevail over the Terms and OC-10; and (ii) the Terms shall prevail over OC-10.
     I certify that I am authorized to agree to the terms set forth in this email and the Terms on behalf of the borrower named below. If the borrower has not previously agreed to the terms of OC-10, the borrower agrees that it shall provide any OC-10 documentation that a Federal Reserve Bank requires immediately upon the Federal Reserve Bank’s request. This email and the Terms shall be governed by the law of the State in which the head office of the Bank (as defined in OC-10) is located.
     Name of Borrower: [TYPE BORROWER NAME]
     ABA Number: [TYPE ABA NUMBER]
     Name(s) and Title(s) of Authorized Person(s): [TYPE AUTHORIZED PERSON NAME(S) AND TITLE(S)]
     lainy likes this.
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:28:11 JST Sexy Moon

     in reply to

     • lainy
     • ロミンちゃん
     • jaf
     @lain @feld @jeff @romin half my net worth is ethereum
     lainy likes this.
   • Embed this notice
     lainy (lain@lain.com)'s status on Thursday, 25-Jan-2024 04:28:13 JST lainy

     in reply to

     • Sexy Moon
     • ロミンちゃん
     • jaf
     @jeff @Moon @romin @feld kamala will make bitcoin real and will make putin pay for it
   • Embed this notice
     jaf (jeff@mk.magicka.org)'s status on Thursday, 25-Jan-2024 04:28:14 JST jaf

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん

     @lain@lain.com @feld@bikeshed.party @Moon@shitposter.club @romin@shitposter.club does this mean bitcoin is going to be real?

   • Embed this notice
     jaf (jeff@mk.magicka.org)'s status on Thursday, 25-Jan-2024 04:30:22 JST jaf

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん

     @Moon@shitposter.club @lain@lain.com @feld@bikeshed.party @romin@shitposter.club and the other half is grans

     Sexy Moon and lainy like this.
   • Embed this notice
     burner (burner@norwoodzero.net)'s status on Thursday, 25-Jan-2024 04:30:47 JST burner

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     • jaf
     @Moon @feld @lain @jeff @romin all of my networth is stolen jordans and large bags of rice
     lainy and feld like this.
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:46:28 JST feld

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @lain @Moon @romin all these people bleeding Red White and Blue are *extremely* confident that The US Dollar 💵 is the best money in the world -- why would they turn their back on that? They see the Dollar as a symbol of the country and of freedom (freedumb?), and if it fails the country fails. They'll never back down. They'll drag the dollar to their graves. Or at least until they can no longer afford their house payments anymore.
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:47:33 JST Sexy Moon

     in reply to

     • lainy
     • ロミンちゃん
     @feld @lain @romin where am I supposed to put my retirement if I can't use the dollar
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Thursday, 25-Jan-2024 04:48:12 JST feld

     in reply to

     • Sexy Moon
     • lainy
     • ロミンちゃん
     @Moon @lain @romin crude oil and fresh water
   • Embed this notice
     ロミンちゃん (romin@shitposter.club)'s status on Thursday, 25-Jan-2024 04:51:22 JST ロミンちゃん

     in reply to

     • Sexy Moon
     • lainy
     @Moon @feld @lain funko pops
     feld likes this.
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:51:34 JST Sexy Moon

     in reply to

     • lainy
     • ロミンちゃん
     @romin @feld @lain way ahead of you there at least
   • Embed this notice
     Sexy Moon (moon@shitposter.club)'s status on Thursday, 25-Jan-2024 04:52:25 JST Sexy Moon

     in reply to

     • lainy
     • ロミンちゃん
     @feld @lain @romin it doesn't have to be patriotism it is just extremely hard to change your thought process away from the dollar being the world reserve currency and you live in dollarland
     feld likes this.
   • Embed this notice
     ロミンちゃん (romin@shitposter.club)'s status on Thursday, 25-Jan-2024 04:57:36 JST ロミンちゃん

     in reply to

     • Sexy Moon
     • lainy
     @Moon @feld @lain dollar losing reserve status doesn't necessarily mean that the dollar disappears, pound sterling still alive. You just need to pour your wealth on tangibles just a little before the hyperinflation or 'repricing' event