This is a tricky topic, and I am very amazed quite honestly that Donald Trump took on this topic.
In the past, people that have took on the all-powerful Federal Reserve ended up dead shortly after.
Donald Trump accused the Federal Reserve and the Chairman Janet Yellen of being “too politcal” and going as far as to call the Federal Reserve system “rigged”.
I have never had more respect for Donald Trump before he said that. He made these comments about a month ago on September 6th 2016, and has made slight references in other times of his career.
This is how the conversation started;
“They’re keeping the rates down so that everything else doesn’t go down,” Trump said in response to a reporter’s request to address a potential rate hike by theFederal Reserve in September. “We have a very false economy,” he said.
“At some point the rates are going to have to change,” Trump, who was campaigning in Ohio on Monday, added. “The only thing that is strong is the artificial stock market.”
His remarks did not sit well with Clinton. While speaking to reporters on her campaign plane, Clinton implied that Trump’s comments show he is not ready to be president.
“You should not be commenting on Fed actions when you are either running for president or you are president,” she said. “Words have consequences. Words move markets. Words can be misinterpreted.”
The Fed chair, Janet Yellen, said last month that the US central bank was getting closer to raising interest rates, possibly as early as September, saying that the Fed sees the economy as close to meeting its goals of maximum employment and stable prices.
This couldn’t be more correct. When the market controls interest rates based on supply and demand there are little to no bubbles that create great ripples and even destruction in an economy. But when the FED controls interest rates, there are HUGE bubbles. This is by far not the biggest problem with the Federal Reserve. For instance they create money out of thin air and then loan it to our treasury and charge the American people interest on this money. (reference quantitative easing)
This entirely explains why before 1913, before the Federal Reserve was created, we had little debt. What I mean debt was almost non-existent in our country before the Federal Reserve and the IRS were created. Now the USA has more debt than any other country has ever sustained.
I recently posted this on facebook in response to a comment made by a progressive about how he doesn’t support “the system”, and yet seems to me to support higher taxation, and the government choosing favorites, and all the rest. He illustrated this while supporting Bernie Sanders, so I posted:
“Since 1913 progressives have invaded the major political parties.
Starting with Woodrow Wilson, the self proclaimed father of progressives, we have saw this country dive into endless debt via tax and spend economics. When they can’t tax enough to spend what they want, they borrow.
In 1913 our country had nearly no debt, and we also had no income tax.
That didn’t seem like a good methodology (to the bankers). So in order to change the course, Woodrow Wilson sold out our treasury to the big banks and these central banks called themselves The Federal Reserve. Woodrow Wilson got campaign funds and the banks got complete control over our treasury and then later our economy.
Someone in this thread said that Obama hadn’t sold out like Hillary.
What is funny is that their big corporate sponsors were the same banks that bought Woodrow Wilson, who sold our treasury to the banks that now control our economy, and our politicians.
Who are their sponsors? Look at who their corporate donors are.
Why don’t they want to audit the federal reserve? Why do progressives protect the banks with all of their might? Even Elizabeth Warren, she hasn’t voted to even so much as audit the banks. That audit the fed bill got a lot of support, but no progressives supported it.
It’s because they are bought out by the banks. To convince us that we need higher taxation. So that we can control more of the world, through military and foreign aid. Our taxes go to kill brown people over seas. But the progressives tell us taxation is necessary. Then the bulk of it goes to killing brown people over seas.”
Followed up by this video, which while it is 30+ minutes long, it is VERY informative and highly accurate. If you want to find out the history of the Federal Reserve, it is easy to find, just do a google search. However this cartoon will give you a list of things to research, and it is dead on.
People are so concerned that Bill Clinton raped women, or that Hillary Clinton defended someone in court that she knew was guilty of raping a 12 year old girl, and then people are angry that Trump said sexual things 11 years ago. But no one is concerned that our treasury keeps “losing” trillions of dollars, with no accountability and we can not even so much as audit the Federal Reserve to find out where the money went? I think that is way more interesting that all of these petty accusations that the candidates are throwing around.
Yet these people say “we can’t keep doing the same thing, and expect to come up with a different result”. Well, we have been following the rules created by the progressives in 1913 for over 100 years. What has changed other than the magnitude of our federal debt?
Murderous history surrounding the Federal Reserve, and those who lost their lives directly after opposing the Federal Reserve;
The best and most sad and disturbing example was
On June 4, 1963, President Kennedy signed a Presidential decree, Executive Order 11110. This order virtually stripped the Federal Reserve Bank of its power to loan money to the United States Government at interest. President Kennedy declared the privately owned Federal Reserve Bank would soon be out of business. This order gave the Treasury Department the authority to issue silver certificates against any silver in the treasury. This executive order still stands today. In less than five months after signing that executive order President Kennedy was assassinated on November 22, 1963.
The United States Notes (silver certificates) he had issued were taken out of circulation immediately. Federal Reserve Notes continued to serve as the legal currency of this nation. It is estimated that 99% of all U.S. paper currency circulating in 1999 are Federal Reserve Notes.
There is a long list of suspicious murders surrounding the FED, read more about it here; http://www.libertyforlife.com/banking/federal_reserve_bank.html