“Grexit” (Greece/Greek + exit) spawned many similar terms, such as “Fexit” (federal + exit). In March 2013, “Fexit” meant the Federal Reserve’s exit from certain monetary operations, such as quantitative easing. “Fexit” could also mean an end to the Federal Reserve system. “Can we have a FED-Exit? #FEXIT” was tweeted on June 21, 2016.
“Fexit” has also meant an exit from the federal government. “Ok, where do I vote to exit our federal government?We can call it Fexit, or Gexit, or something like that” was tweeted on June 23, 2016. “Time for exit from the federal leviathan? Actually, it’s more than 200 years overdue. Fexit!” declared libertarian Lew Rockwell on his blog on June 28. 2016.
A possible exit of Fairfield County from Connecticut to New York has also used the “Fexit” term. “#Fexit: Fed up by the burdensome bureaucracy of Hartford, Fairfield County breaks to join Westchester. Builds wall, Hartford pays for it” joked John Dankosky on Twitter on June 24, 2016.
Wikipedia: Federal Reserve System
The Federal Reserve System—also known as the Federal Reserve or simply as the Fed—is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, in response to a series of financial panics, that showed the need for central control of the monetary system, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Events such as the Great Depression in the 1930s were major factors leading to changes in the system.
After The Market Closed, Ben Bernanke Dropped A Big Hint About When He’s Going To Take Away The Punch Bowl
Mar. 3, 2013, 5:38 PM
With the economy seemingly improving, there’s been a lot of talk this year about “Fexit” — when the Fed will begin to exit some of the aggressive stimulative actions that it’s undertaken in the wake of the financial crisis.
Currently the Fed is engaged in two big actions designed to ease monetary conditions.
One is QE-unlimited, a promise to buy assets every month until conditions improve.
The other big idea is an exercise in expectations management, which stipulates that rates will remain at least until unemployment falls to 6.5 percent, and then probably even a bit beyond that.
Wall Street Trading
Fed Chairman Ben Bernanke spoke over the weekend dismissing fears of an early Fed exit or “Fexit” as he noted… http://fb.me/2sxc10apK
7:06 AM - 4 Mar 2013
#fexit RT @WSJeconomy: Fed Maps Exit From Stimulus
6:29 PM - 10 May 2013
does anyone still think the Fed will be raising in 2015 ? #Fexit #Yexit #FOMCXIT
8:44 PM - 7 Jul 2015
Could #Brexit in EU become #Fexit in US leading to States like Texas removing them from the US / WA DC Federal mess? #tcot
12:00 PM - 20 Jun 2016
can we have a FED-Exit? #FEXIT
10:27 AM - 21 Jun 2016
Ok, where do I vote to exit our federal government?We can call it Fexit, or Gexit, or something like that.
11:20 PM - 23 Jun 2016
#Fexit: Fed up by the burdensome bureaucracy of Hartford, Fairfield County breaks to join Westchester. Builds wall, Hartford pays for it.
6:02 AM - 24 Jun 2016
Feds Force Idaho To Import TB
By Llewellyn H. Rockwell, Jr.
June 28, 2016
Another Obama crime: more welfargees with active TB. (Thanks to Floy Lilley)
Time for exit from the federal leviathan? Actually, it’s more than 200 years overdue. Fexit!
Another Obama crime: more welfargees with active TB.
Time for exit from the federal leviathan?
1:03 PM - 28 Jun 2016
New York City • Government/Law/Politics/Military • Wednesday, June 29, 2016 • Permalink