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Re:Federal Reserve Bank of NY "Doomsday Book" 2022 via FOIA ... by pjc50 on Tuesday January 07, 2025 @12:09PM (#42624710)
> it indicates the Federal Reserve anticipates and prepares for worst-case scenarios that could severely disrupt the financial system

Yes! That's the point! You don't want to arrive at a worst-case scenario unprepared!

The US military has all sorts of files and plans on bizarre and implausible scenarios, mostly as intellectual exercises ("if we wanted to invade Canada, how would we do it?"). That doesn't imply anything about their likelihood.

Re:Federal Reserve Bank of NY "Doomsday Book" 2022 via FOIA ... by StefanBatory on Tuesday January 07, 2025 @02:51PM (#42626611)
nowadays it feels like plans "how to invade Canada" no longer feel so hilarious :(