The price of money will go down, that's what the federal funds rate is, it's the target rate, so I'll say Fed Funds Rate, it's the target rate that the Fed sets for the overnight borrowing of reserves between banks, that's the Federal Funds Rate, and it will go down and that's how the Fed tries to set the Federal Funds Rate.

And then that's led to a decrease in prices.

The Federal Reserve cut its benchmark discount rate to an 18 year low.

The Khmer Rouge didn't believe in money.

Do you know who sponsored this research?

And they'll still take a little discount of your collateral.

About 1,700,000. It's a Federal Reserve shipment.

So when I talk about the short term interest rate I'm talking about the interest rate on loans that are made over very short periods of time.

It exposes the Fed to less interest rate risk.

And maybe it'll be another 5 or maybe the interest rate can change again.

And it really just kind of gets rid of a little nuisance.

Let's keep reading what the fed is saying.

And that's what the reserve ratios were all based on, based on the bank notes themselves.

The Federal Reserve slashed interest rates.

Some people think it only happens with paper money.

Now, when I went to look at the figures of the U.S. money supply, the U.S. money supply is the amount of dollars that the Federal Reserve prints every year in order to satisfy the increase in the demand for dollars, which, of course, reflects the growth of the economy.

Maybe people aren't getting mortgage loans still.

And it makes sense all the way up to 5.0001 , I'd actually borrow it.

So it was expansionary.

Now, fast forward to a situation like we are right now and the Federal Funds Rate is already at zero.

Let's say the United States economy is going into a recession, or maybe even worse than a recession, and you are the chairman of the Federal Reserve and you need to do something about it.

There's the definition as you type.

State

Micronesia, Federated States Of

let's say that they're printing some money right over here, so that's money that they're printing, so this is literally, it would be federal reserve notes being created, so these are notes, which are essentially dollar bills.

Prepares me for what?

Micronesia, Federated States of

Federated States of Micronesia

The United Federation of Planets?

Francis.

Would society be divided into two those who would continue to dominate the economy, with their

The Fed is trying to stave off a run on the banks.

And the Fed usually cares about getting that interest rate within a certain zone, around a certain target.

Federal Funds Rate, and that's the rate that banks lend to each other overnight and the way that you lower it, if the banks don't do it on their own after you say you want to lower it is that you print money, as the Federal Reserve and you use it to buy, usually short term treasury securities and that money gets deposited in banks, so the demand for reserves, because that's what these things are the demand for reserves goes down, and the supply goes up and the federal funds rate should go down.

But at the beginning of the credit crisis or actually after the Bear Stearns collapse, the Fed allowed investment banks and other people to start borrowing from the Federal Reserve directly.

And the height here is proportional to how much money they print, so maybe this is another trillion dollars they're printing.

Well, now in the other direction, we do have a dominant strategy that we didn't have before.

This is the multiplier effect.

For me.

Federal agents.

She's a federal employee.

All right, everybody.

Marshal?

Marshal!

Marshal.