Kansas City Fed's Denver Branch Gives Us a Peek Into the Fed's Secret Decision-Making Process

Tuesday, December 29, 2009 , , 2 Comments

Thanks to our friend Pinky Swear for pointing out that JDA's quick fingers aren't always as awesome as she thinks they are.

Finally, 5280 Mag (out of Denver) gives us a peek into how the Federal Reserve determines everything from interest rates to bailout recipients: the ring toss game!

(Now before the Fed purists try to pick a fight on the Internet over this one, I understand the Denver branch isn't really even a real Fed Bank - being a branch of the St Louis Fed Kansas City Fed, it's sort of like the redheaded step-child of the System - and therefore doesn't have shit to do with the big stuff like monetary policy and what-have-you. JDA knows this. Artistic license, come on now...)

Thanks for the insight, 5280! I knew there was a method to their madness, now it makes perfect sense.

p.s. who is the chick in the hat taking notes? Is that hat required? Can I get one? And if so, does it actually have a Fed logo on it? It would go awesome with the Fed hoodie I have that sometimes burns my skin when I slip it on. Who do I talk to about that?

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.


Pinky Swear said...

Kansas City, said the purist, probably trying to pick a fight.


Good lookin out, homie. That's what I get for multitasking. St Louis, Kansas City, who cares, they're all the same...

Actually I could have sworn Denver belonged to SF Fed. So I Googled it. And had that stupid website on the top of my browser and STILL got it wrong. Oh well. I'm sticking with what I know. Like Baltimore.

I'm down for a fight any time you are, purist ;)