Tag: York

The Money Supply – FEDERAL RESERVE BANK of NEW YORK

  • For decades, the Federal Reserve has published data on the money supply, and for many years the Fed set targets for money supply growth.
  • In the past two decades, a number of developments have broken down the relationship between money supply growth and the performance of the U.S. economy.
  • In July 2000, the Federal Reserve announced that it was no longer setting target ranges for money supply growth.
  • In March 2006, the Board of Governors ceased publishing the M3 monetary aggregate.

The Federal Reserve System and public- and private-sector analysts have long monitored the growth of the money supply because of the effects that money supply growth is believed to have on real economic activity and on the price level. Over time, the Fed has tried to achieve its macroeconomic goals of price stability, sustainable economic growth, and high employment in part by influencing the size of the money supply.

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Undercover in New York

To prove our point, we went undercover and approached 13 New York law firms. We deliberately posed as someone designed to raise red flags for money laundering.

We said we were advising an African minister who had accumulated millions of dollars, and we wanted to buy a Gulfstream Jet, a brownstone and a yacht. We said we needed to get the money into the U.S. without detection.

To be clear, the meetings with the lawyers were all preliminary. None of the law firms took our investigator on as a client, and no money was moved.

Nonetheless, the results were shocking; all but one of the the lawyers had suggestions on how to move the funds. To see what some of them said, watch the video below:

Only one of the lawyers refused to speak to us at all. This is what he said:

For the complete picture, see the full

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New York Personal Injury Lawyers NYC

Ask4Sam
NYC Personal Injury Lawyers

Personal injury accidents account for more than 60 million emergency room and doctor’s office visits, according to the Centers for Disease Control and Prevention. Personal injury, a legal term used to indicate physical, mental, and emotional damage, comes in many forms. The New York City personal injury lawyers at Silberstein, Awad, & Miklos, P.C. excel in a number of personal injury claims types including auto accidents, defective product claims, construction injuries, medical malpractice, slip and falls, and accidents on the job.

At Silberstein, Awad & Miklos, P.C., we strive to meet the highest standards of performance, service, and ethics, certifying that we handle our clients’ legal matters with compassion and efficiency. We employ New York personal injury attorneys who devote themselves to every one of our clients. Our record before both trial and appellate courts reflects this commitment to excellence.


Impact on the Community Scholarship

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