Federal Open Market Committee mug
(ECONOMICS) the administrative committee of the Federal Reserve System that actually administers monetary policy. There are 12 members of the FOMC. The 12 members include all seven governors of the Federal Reserve Board (FRB). In addition, representatives of each Federal Reserve Bank are eligible to serve on the FOMC. The FOMC implements sales/purchases of treasury securities (open market operations) in order to create credit at member banks. This is the process by which banks with FRS membership can create money. The difficulty of open market operations lies in ensuring that rates for short term securities remain lower than those for long term securities. Otherwise, monetary tightening cannot succeed in curbing inflation. The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Historically, its president has often gone on to become either chairman of the Federal Reserve Board, or else Secretary of the Treasury (as, for example, Treasury Secretary Timothy Geithner). Nearly all bank holding companies have subsidiaries in the 2nd District, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a turn of the FOMC at any given time.
The Urban Dictionary Mug
- Glossy ceramic, 11 oz
- Vivid artwork fused into the finish, not a vinyl decal
- Microwave and dishwasher safe
- Word on front, definition on back
- Approximately 3.8" tall
- Every order personally reviewed
- Returns & defect-free guarantee
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Customer Reviews
why is this a real thing? AND YA'LL ACTING LIKE IT'S NORMAL!?
I really like the mug, but I thought I had ordered the all pink one. What came was a white with a block of pink with "Fubar" written on it.
the only reason why i care about humanity this mug is the reason why i believe humanity deserves a second chance, even after they blaspheme my name. this mug is the greatest thing i've ever seen and i have ordered many of them. this mug replaces the holy grail. the bible should've told about the wonderful deeds of the mug and how it saved humanity from my wrath. alas, whilst the laws keep me from tampering with human minds and altering holy objects like the bible, i can only pass on my message: "spread the news and buy this mug!"
Its.. omg, its............. AMAZING AMAZING OMG ITS SOOO GOOD
A mug for your boyfriend Paul????? My boyfriend is not called Paul. I don't even have a boyfriend
Great mug... finally got my ""your mom gay lol" mug, I'm so happy
ariana grande mug omg this slays mah life
It was easy to correct grammar when necessary, and then to order a great gift for a member of a wedding party. Nice, simple, and sturdy mug.
with this we regain gods trust This mug changes my views of humanity. I think we may have a chance of not going extinct. Everyone should own this fantastic mug. Oh it's also has a nice handle.
Love that I got an Urban Dictionary word definition from someone I know! So much fun and great memory item!! 😊
I like it but it took a long time getting here
Very basic mug but does the trick!
The mug is of good quality but advertisement needs to change as the sample photo for ordering gives the customer an illusion that the entire mug is of that color ordered when it is not
muffinism mug very bold mug i love it u should buy one
Oof oof this mug gives me life every single day. i have no other reason to wake up in the morning. also this website is the only thing that's ever loved me.
The fact you guys make custom mugs is the most hilarious yet smartest thing ever, thank you so much I'm definitely gonna collect these and chuckle at the crazy words/terms only I will understand the depth of! 😂
Nice, but I need the “Reservation Dogs” version of “Aho!”
The mug is a gift for our Fantasy Football league winner…or loser. I'm not sure yet; it's a bit of a spoof that will be disclosed on Thanksgiving.
Love it just like your ranking to be noticed at 4 to stabilize with bots at 5 but looks real
Perfect Mug My CPacket mug arrived perfectly with the definition of that skid