(07-21-2018, 11:46 AM)The Black Friar Wrote:
Quote:President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so
Read more: https://www.cnbc.com/2018/07/20/trump-po...serve.html
I'm certain all will recall what happened to JFK when he followed that logic. On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Rothschild Bank of its power to loan money to the United States Federal Government at interest.
Trump's plan is less dramatic than JFK's although it is would likely smack the profits of the owners of the Fed, ie, the Rothchilds, etc. Trump wants to put his people on the board who would stop raising interest rates.
Higher rates increase Rothchild profits while spanking yours and my economy. Lower Fed interest rates increase inflation which spreads the cost to everyone including the Rothchilds. It also lowers the rate of increase in the Federal deficit and debt.
In addition to boosting the economy tremendously, Trump's actions would do more to spread the wealth than any other action he could take including lowering taxes. IOW, it would help decrease the income disparity between the ultrarich and the rest of us.
Always keep in mind that the Fed is not a neutral player in how much your money is worth. They are your opponent in a poker game, only they are using your money to play
. Even if you 'win' you're only getting back some of your money, not all, because the interest that is charged by the Fed comes from your stash either directly or indirectly, i.e., the taxes you pay on that interest.
This is why the Founding Father's, in their wisdom, wanted Congress to control the money supply without charging you interest. The FR is a wholely unconstitutional creation. Trump is attempting to minimize their damage. If he tried to kill the Fed, today's false flag smears against him would look like a medal pinning ceremony.
TPTB would blow up the White House with a bomb and the media would blame it on the Zika virus.