fed

Short for the United State's Federal Reserve. The fed tries to keep the US economy under control by controlling banks and minting money.

The fed got a new chairman in October, his name is Ben.

by Nemrem February 16, 2006

beats me

A phrase meaning 'i dont know.' Usually used when some one asks you something you should know, or when your particularly clueless about any situation.

person 1- "Wow, how did you get that bruise?"
person 2- "Beats me!"

by Nemrem February 20, 2006