Federal Reserve Bank
Word | FEDERAL RESERVE BANK |
Character | 20 |
Hyphenation | N/A |
Pronunciations | N/A |
Definitions and meanings of "Federal Reserve Bank"
What do we mean by federal reserve bank?
Here you will find one or more explanations in English for the word federal-reserve-bank. Define federal-reserve-bank, federal-reserve-bank synonyms, federal-reserve-bank pronunciation, federal-reserve-bank translation, English dictionary definition of federal-reserve-bank.
Supposedly a bank started in 1913 by the USA govt for the people - this is a myth. The Federal Reserve Bank is a privately owned and controlled organisation that now has to continuously print more and more money in order to devalue the dollar in order to cover the cost of printing and distributing that dollar in the first place. These "BANKSTERS" then loan the money they make back to the American people + interest in order for Bush to finance WAR ON TERROR. Urban Dictionary
The private banks of the Federal Reserve. Urban Dictionary
(ECONOMICS) Any of the 12 constituent district banks of the Federal Reserve System. Federal Reserve Banks may be referred to either by the number of the district they serve (e.g., 12th FRB) or by the city in which they are headquartered (e.g., FRB of San Francisco). Representatives of the FRB's are eligible to serve on the Federal Open Market Committee (FOMC), the committee that actually administers monetary policy through sales or purchases of treasury securities. The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Each bank holding company is likely to have a subsidiary in NYC, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a year-long turn at the FOMC at any given time. Urban Dictionary
(US ECONOMY) One of the 12 district Federal Reserve Banks. Based in New York (2nd FR district). Along with members of the Federal Reserve Board, enjoys a permanent seat on the FOMC (other district banks only get to rotate). Main job is to regulate banks and administer monetary policy through open market operations. Former New York Fed president Tim Geithner is now Secretary of the US Treasury Department (as of early 2009). Urban Dictionary
Synonyms and Antonyms for Federal Reserve Bank
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The word "federal-reserve-bank" in example sentences
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What does federal reserve bank mean?
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