FDBC
Federal Dip Buying Committee
Convenes to review charts. Issues statements. Does not close the laptop.
One nation. Underwater.
The institution for positions you can't explain. We do not recover your money. We classify it, file it, and describe it in language calm enough to be believed.
The National Bagholder Reserve is a work of satire by Beacon Labs. It is not a government body, central bank, exchange, investment service or financial adviser, and it is not affiliated with any. Nothing here is financial advice. No wallet connection is ever requested.

Motto
In bags we trust
Mandate
Classify what cannot be explained
Reserve instrument
$BAG — pending deployment

The Chair has reviewed the national portfolio and elected to address the public directly.
“The Reserve continues to observe meaningful room for percentage stabilization.”
“Households across the nation are holding assets they can no longer describe out loud. The Reserve does not consider this a failure. The Reserve considers this an inventory.”
“We are not here to recover the position. We are here to give it a case number, a classification, and a folder that closes properly.”
Declare a position voluntarily. Supply an asset label — or withhold it and file as ASSET: CLASSIFIED — plus an entry value and a current value. The Reserve computes the drawdown from your figures alone and issues an Official Bag Determination.
Determination bands
Bands and classifications are fictional editorial labels. They say nothing about any real asset and recommend no action.
The Reserve's flagship report is built to accept a live market data connection. Until one is connected, market panels show DATA FEED PENDING — the Reserve does not fabricate numbers.
Reserve indicators — fictional
Feed pendingIndicators are satirical fiction. Market figures remain unpublished until a real feed is connected.
The FDBC convenes to review charts and publish language. Dissents are preserved in full.
“The Committee voted 11–1 to continue looking at the chart. One member voted to close the laptop. The dissent has been noted.”Read all minutes

Press briefing
“Why didn't you sell?” — “Monetary policy requires patience.”
The Chair takes questions. The Chair does not blink.
Enter the briefing roomFive offices maintain the institution. None of them exist.
FDBC
Convenes to review charts. Issues statements. Does not close the laptop.
BUL
Maintains the national case-file archive. Located below ground level.
OSB
Custodian of holdings deemed structurally permanent.
DEL
Studies the exits that were available and the reasons they were not used.
OCBM
Redacts entry prices at the filer's request. No questions are asked.
Archive
Open the sample case files of the Bureau of Unrealized Losses
View archive
$BAG
No contract address, network, supply, holder count or market figure has been published, and none will be invented. Official details will appear on this site first.
Not an offer, solicitation or recommendation. Treat any address claiming to be $BAG as unverified.