Interview with Federal Reserve tomorrow

[Delita]

I have an interview at the Fed tomorrow for a position as a financial systems analyst. Anyone have experience with interviewing with them and have any advice?

 

[FoBoT]

pm Doggiedog

http://forums.anandtech.com/me...=2082723&enterthread=y

 

[ultimatebob]

Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

 

[LegendKiller]

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

Yeah, dropping interest rates would be so smart. Expand lending when you've lent a lot of crap debt in the last 6 years. Throwing good money after bad is always the best idea! Drop rates so inflation explodes and our dollar sinks.

Sounds like you're setting him up to become a fool and fail in the interview.

 

[Capitalizt]

Tell them you believe in limited government, free markets, and honest money (the gold standard).

That should guarantee a job.

 

[LegendKiller]

Originally posted by: Capitalizt
Tell them you believe in limited government, free markets, and honest money (the gold standard).

That should guarantee a job.

Too bad the Gold Standard is a deflationary currency that has no place in the modern world. Ohh and any government that was still on it during the great depression added at least 5 years onto it. Those that weren't recovered much faster.

Good luck with your antiquated thoughts though.

 

[ultimatebob]

Originally posted by: LegendKiller

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

Yeah, dropping interest rates would be so smart. Expand lending when you've lent a lot of crap debt in the last 6 years. Throwing good money after bad is always the best idea! Drop rates so inflation explodes and our dollar sinks.

Sounds like you're setting him up to become a fool and fail in the interview.

Come on... Do you really think that a quarter or half point point drop is going to cause inflation to "explode"?

 

[LegendKiller]

Originally posted by: ultimatebob

Originally posted by: LegendKiller

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

Yeah, dropping interest rates would be so smart. Expand lending when you've lent a lot of crap debt in the last 6 years. Throwing good money after bad is always the best idea! Drop rates so inflation explodes and our dollar sinks.

Sounds like you're setting him up to become a fool and fail in the interview.

Come on... Do you really think that a quarter or half point point drop is going to cause inflation to "explode"?

You'd be surprised. Besides, the last thing you want to do to get out of a credit crisis is to lend more money. That is the height of stupidity.

 

[RaistlinZ]

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

I think Bernanke knows a little more about monetary policy than you do, good sir.

 

[Dacalo]

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

As someone who works at a bank who is exposed to volatile rates, thank God you are not running FRB.

 

[FoBoT]

can't we just put Greenspan's head in a jar (like on Futurama) and let him keep the job forever?

 

[ATLien247]

Originally posted by: FoBoT
can't we just put Greenspan's head in a jar (like on Futurama) and let him keep the job forever?

Look where that's gotten us so far...

 

[Nerva]

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

the fed fund rate, the 5.25% that you spoke of, has implications in much more than the housing market... so please, do not make broad comments like that.

with that said, doggiedog would be the right person to talk to.

if i were you, i would start reading about fed functions, monetary policy, know about yields and price. maybe even some of the basic economic models (is/lm, ad/as). i am not sure, maybe my approach is too pedantic.

 

[rchiu]

Originally posted by: Capitalizt
Tell them you believe in limited government, free markets, and honest money (the gold standard).

That should guarantee a job.

Haha, if that's the case, there is no need for FED to exists to regulate the market is there? Wondering how it would look if someone goes to an interview and tell the future boss that their company doesn't need to exists.

 

[ultimatebob]

Originally posted by: Dacalo

Originally posted by: ultimatebob
Tell them that Ben Bernanke and his fed cronies are tools! That bozo is keeping interest rates at 5.25% even though the housing market has gone down the shitter! :|

As someone who works at a bank who is exposed to volatile rates, thank God you are not running FRB.

Maybe they should... I seem to be about a week ahead at predicting their monetary policy 🙂