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The metric system is a consistent and coherent system of units. In other words, it fits together very well and calculations are easy because it is decimal. This is a big advantage for use in the home, education, industry and science.
The metric system is a consistent and coherent system of units. In other words, it fits together very well and calculations are easy because it is decimal. This is a big advantage for use in the home, education, industry and science.
by anonymous May 2, 2023
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Federal Reserve System

(ECONOMICS) the central bank of the United States; often called "the Fed" for short. Sole bank of issue for the US dollar since 1971*; issuer of nearly all US currency since 1914.

Created in December 1913 through the Federal Reserve Act; while signed into law by Pres. Wilson, the basic outline of the FRB was developed by the Aldrich-Vreeland Committee (see Aldrich-Vreeland Act) during the Taft Administration (1909-1913).

In addition to issuing currency, the Fed is responsible for some (but not all) oversight of banks; management of the nation's money supply (using purchases and sales of US Treasury securities; see monetary policy); and management of a national check clearing system.

The Fed includes two central managing committees, the Federal Reserve Board and the Federal Open Market Committee (FOMC). It also has 12 district banks; each is known as a Federal Reserve Bank.

The Federal Reserve System is a member of the International Monetary Fund (IMF) and the Bank of International Settlements (BIS).
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*Until 1971, the US Treasury issued a small share of bank notes, or "national notes." They were almost identical in appearance to Federal Reserve notes.

Between 1863 and 1935, federally chartered banks national banks were allowed to issue currency equal to 90% of US treasury securities deposited with the US Treasury. After 1914, when the Fed commenced operations, it nearly stopped entirely.
The Federal Reserve System has twelve district banks, whose management is chose by bank holding companies. The president of each district bank is himself likely to have been an officer of a bank holding company. Hence, regulatory capture was built into the system from the beginning.
by Abu Yahya May 5, 2010
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PO system

I am a firm believer in the PO system, no sodomy here
by Buttfukk November 30, 2004
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buddy system

When you take a shit that smells so awful that anyone entering the cubicle might need a 'buddy' to assist them in the event of collapsing as the stench is so toxic.
Hey boys - buddy system in place for next 30 minutes (said while exiting the loo)
by ghost_of_bunchy_ July 10, 2010
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judicial system

Something that works well in theory, never in reality.
See "Flaw"
A: Man, our judicial system is fucked
B: Everyone's is
by KYJC April 12, 2008
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system of a down

Really. They would be decent if their music wasn't such crap metal. It sounds like they're banging a guitar against the wall and calling it music. Make your music bearable and THEN I'll consider liking you.
SOAD doesn't have bad lyrics, but the music behind them is so terrible it totally degrades the band.
by CRH915 January 10, 2005
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systemic racism

Systemic Racism is a general sense of being denied access to resources or to participation in activities which are perceived as potentially beneficial. A specific claim to access or benefits, as well as methods of denial, may be vague.
Every time Keith doesn't get a job he applied for, he claims that Systemic Racism is robbing him of his big opportunity.
by accuracy4u&me February 17, 2021
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