Just think - if you had $1 in 1913, it's worth less than 2 cents today, courtesy of the Fed. All of that value, looted, because Congress couldn't be bothered with performing one of it's basic Constitutional duties. . .
END THE FED! GREATEST CHRISTMAS PRESENT IN THE HISTORY OF HUMANITY! Bring sanity and restraint back to the creation of money - and predictability to interest rates. Unleash entrepreneurship, grow the economy, show the world freedom from central banking!https://twitter.com/realDonaldTrump/status/1077231267559755776 …
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Worse, that theft of value enabled all the worst aspects of the State: military adventurism & unjust wars, expansion of the State far beyond its constitutional limits, the permanent underclass created by the welfare state, & economic & financial manipulation for the rich.
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The “theft” of value is hidden. The state (b/c it’s a fiat currency) can print money. In doing so they can (w/o backing) spend w/o limitation. Meanwhile, anyone everyone else is forced to be more productive every year just to maintain It’s a constant force produce
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Well said, mate.
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The Fed is the mechanism that allows the government to deficit spend. Which is a de facto tax through inflation. The Fed would be crippled, if Congress would do their job. How about all that winning!
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Who owns the Federal Reserve ? A list of banks is not transparency. I want a list of the individual stakeholders of all these banks, their stake holdings, age, nationalities and their financials to be presented to the the public annually.
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Read “the creature from jekyll island”. That book breaks down inception, ownership, control etc. It’s a somber read.
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That only can happen when everyone, including you is willing to admit the people who have a disproportionate presence in central banking.
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The world bank isn't in the business of making a particular economy successful, its sole function is to maintain global financial stability to enable the unrestrained creation of money which is laundered by the population before being harvested by the corporate elite.
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I only wish Trump was against the idea of the Fed, rather than just being against the current leadership for not being stimulative enough.
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Sounds great, but I worry it's too ambitious of a task even for him.
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Well, except that's not Trump's objective. To the contrary --- he just wants The Fed to keep interest rates artificially low, which given his trillion dollar deficit, would be --- wait for it ---- inflationary. Dangerously so, in fact.
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I think you're about the only subtweeting to this that understands that Trump would be quite happy with a Fed president that acted like Arthur Burns did for Nixon and his reelection campaign in 1972.
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The mistake that people continue to make is that there is some form of altruism on offer from Trump. Nothing could be further from the truth. This is all about Trump his very own self all the time --- nothing more.
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Didn't President Kennedy try that? Didn't turn out too good for him
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As did Honest Abe.
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Abe was 48 years before FED banking was established.
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Old Mayer Rothschild first established his bank in the ‘60s. 1760s. N.M. Rothschild appoints first International Bankers to America in 1834. Abe Orders “Greenbacks” to be issued in 1861. United States Notes issued in 1862–1865. Abe assassinated in 1865. “Greenbacks” recalled.pic.twitter.com/uTZrZgZKkh
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