"If it was a choice between the right decision and a political decision... The Fed would choose the political decision."
A few days ago, Donald Trump made this blunt statement and then added that the market “will remain at artificially high levels until January 1st.”
This came not long after he slammed Fed chairwoman Janet Yellen in a CNBC interview. He told the interviewer that she should be “ashamed” of her “very political” and “false” market.
He claimed that the reason interest rates won't increase prior to the election is because Yellen and the Fed are trying to bolster Barack O’bomber’s legacy (or lack thereof).
Donald Trump created controversy when he blasted Yellen. But, really, he should have gone a lot further. He is attacking Yellen for interest-rate actions she won't take, however, he really should be attacking the system itself. Real reform doesn't involve replacing Yellen, but replacing the Fed itself with a free-market money system.
In any event, Yellen can't hike rates hard because the carrying cost of the US's $19 trillion of national debt would explode if rates moved much higher.
The West's banking elites are not far enough down their occult timeline for a total collapse, especially since the Jubilee year doesn’t end until the beginning of October. Thus this kind of political reasoning is a perfectly convenient excuse to keep the game going a little while longer until the time is right to send the world financial system into a full blown death spiral.
Since 2008 all the Fed has done is artificially prop up asset prices through quantitative easing to increase the notional value of the stock market. Of course, this further decreasing the buying power of average citizens through the hidden tax of inflation. It’s been called a “Goldilocks recovery” by economists for good reason - it’s a total fairy-tale farce.
Just like many of the other sinister actions elites take against us plebs, they are probably laughing maniacally at our willingness to accept what were are told as the truth and likewise at our continued compliance with the erosion of our own liberty.
Back in 2005, Donald Trump remarked, “I have to start by saying that I’m a big fan, a very big fan, of the United Nations and all it stands for.” Yet during a recent AIPAC campaign announcement, he told the crowd that, “The United Nations is not a friend of democracy. It’s not a friend to freedom. It’s not even a friend to the United States of America.”
Obviously, Donald Trump’s is no stranger to the globalist’s ultimate end-game. The only question is his level of support for it.
And that seems clear enough. Whether he’s praising the United Nations intentions and what they stand for or playing golf with ill-Bill Clinton, do you really think a guy with so much to lose would put his life and family on the line to oppose the banking elites? We doubt it.
Just days after Trump slammed Yellen, his running mate Mike Pence said, “I think it’s hard to understand why the Fed continues to advance policies that really work for hedge-fund managers on Wall Street, here in New York City, but really aren’t working for working families on Main Street. I think Donald Trump is saying that it’s time that we brought forward the kind of economic policies that will allow interest rates to return to a rational point.”
Even Pence is on board with the deception. He certainly made a point of scapegoating hedge fund managers and Wall Street. If he actually wanted to address the root of the problem he would talk about the central banks including the Fed in more detail. But he knows better than to tell it like it is, since doing so could be lethal.
Look at what happened to John F. Kennedy when he attempted to stop the banksters. On June 4th, 1963, executive order 11110 was signed which once again gave the US treasury the constitutional power to issue currency to the people, thus bypassing the Federal Reserve system.
United States notes were then issued interest-free and debt-free in addition to being backed by silver reserves. It didn’t take long for the elite bankers to “take care” of this problem when the 35th president of the USSA was shot dead in Dallas, Texas on November 22, 1963. This was a warning to anyone in a position of power who opposed banking interests of the globalists
But Kennedy's death was long ago and the system he opposed has become much more obvious, and we're quite aware we can't just wait for it to arrive. Instead of trying to fix this inherently broken financial system and getting directly in the line of fire, we are taking action to help build a better system alongside it. This way when the inevitable meltdown occurs, we will already have the tools in place to survive and function.
At TDV we don’t speak in half-truths or perpetuate conspiracy theories. We simply make considered investment decisions based on real numbers and lucrative outcomes. As a result of the uncertainty and volatility in world markets, part of our strategy at TDV involves holding assets outside the monetary system like precious metals and cryptocurrencies.
Our senior analyst Ed Bugos’ carefully chosen portfolio is currently up around 200% this year, with individual picks and options up over 1000% in some cases. You won’t get returns like these by following your average financial adviser. If you want to learn more about our immensely profitable approach to investing, protect yourself in these turbulent financial times and gain access to a community of thousands of other like minded individuals, subscribe to TDV today (click here for more info).
With what is going on with Hillary starting to look like a sequel to "Weekend at Bernie's," it is possible that Trump could actually win the election if there is one. In fact, if Hillary has to pull out for health reasons, it may cause the election to be postponed or cancelled.
Would Trump truly attack the Federal Reserve as President? If so, he might not want to take any open air car rides through downtown Dallas. But, our feeling is that he will simply be a different face on the same tyrannical US federal system. He has no intention to actually close the Federal Reserve and his idea of a more honest and "bold" economic dialogue is to advocate rate hikes.
That's like suggesting that a serial killer switch rifles but continue to pull the trigger. The problem is the killer not the weapon.
We are setting up for one very interesting autumn season. A lot of things will be changing... and the market doesn't like a lot of change. So, we'll see if the Fed does prop up the market until January. Despite his unwillingness to confront the true economic damages inflicted by the Fed, Trump's criticism remains an accurate one. Markets have been falsely held up by easy "money" and when those conditions no longer exist, the crash that will occur will be more devastating than any that went before, probably including 1929.
It's just a matter of time now.
Updated #1
let it be ! im all ready for it.
thanks
Thanks for the good read! @dollarvigilante and thank you for proving to everyone that you believe in Steemit, and to the ones who were moaning about your early rewards with the amount of powering up you are doing!
On a side note; if the economy would collapse, where would a person who owes the bank money stand? In debt for life?
Keep up the good content!
I'm interested in the answer to your question as well @acidyo
I'm guessing those in debt, which means 99% of the population in modern society, will probably be paying pointless money to banks their entire lifetime. i don't think banks will ever collapse due to all these factors, but if they do collapse, it'll be pretty chaotic.
His army of upvoting bots also believe in steemit. That is his way of getting in the trending list and then it's easy ride from there. Those upvoting bots don't need to bring any curationrewards, they just bring visibility.
Its accounts following others votes, like on Streemian.com
Many who don't have too much time to vote give voting permission to other trusted users.
This thing explains that "visibility" thing. People who proxy their votes only care about curation rewards.
Or they care to give some value to projects like RWH, Curie, etc. At the same time growing the community and getting rewarded for that, I don't see why that is a problem.
Who needs bots when you're already in with the website owners,
( he just happened to get a hold of them, yeah right )When you have a mass fan base and you send them all e-mails telling them to join steemit,
you have to wonder, just how much money is he getting for advertising for them ?
Title is misleading, Donald Trump most likely isn't even a billionaire.
you can buy bitcoins
How funny, I wrote a blog post a few days ago talking about how the Fed has two options - the right one or the politically expedient one.
Donald must be one of your blog readers.
Is the market based in unreality right now? Yes. It has been for decades. Has it ever truly collapsed? Not really. The belief, faith, loyalty and trust of people is still there for a new bubble to be created each time a previous bubble pops. The real collapse has not occured yet.
Also, every year, there is the BS about "jubilee" or "shemitah" blah blah, every year people are saying it will collapse on this date or that date. By now, people should realize you can't actually predict the future. It's just sensationalist hype and gets people into a fear mode.
People have been in a fear hype since the 70's who prepare for the end of the economy, and they have been prepping for decades. We don't know when it will happen. Things can get recycled back into another prop up and keep going.
Take care. Peace.
Supposedly something like 3,800 fiat currencies have collapsed, their average lifespan between 27-39 years (opinions vary). Why would the dollar be special? If the US economy were someone’s household economy (give or take a bunch of zeros) what prognosis would you give? Even if you don't believe in a worst case scenario is it wise to have no plan for it?
We are living in unprecedented times because the whole world is on a fiat standard, unlike the past few thousand years when some kind of metal standard was in place. There is no telling how long they can keep the game going, even though the crash is inevitable.
Everything is inevitable, given enough time.
The waiting of death is worst than death itself. Let the show begin. Everyone already tired of waiting.
Couldn't agree more!
With such a close race there is no way to know what will happen. What I would really like to know is how each candidate will protect the internet. With what is going on with ICAN today we should all be interested and need more investigation to know what is really happening with internet freedom.
This is literally all you do.
JFK the last person to try and stop the fed. At this point in time I don't think anyone can fix the system. The only thing we can do is make our lives better and just let the rest burn with its makers.
An investment in knowledge pays the best interest.
For once he does make sense ! Doesn't he ? Let's see !
I suspect Trump knows more than most people think he knows about the games afoot. I also think many of the conspiracies, including the real purpose of the Federal Reserve, would not make good campaigning material so best avoided at this point. I've listened to a number of his speeches, and some of the things he has said, implies to me that not only does he know about certain things, he also intends to do something about them once he takes office. But it's just not politically smart to talk about it now, as the immediate goal is to win the election.
Perhaps I'm overly optimistic. I think Trump is a good guy. He's also politically astute, which means that no, he's not going to have "end the fed" as his talking point or campaign slogan at this time.
Trump knows the best things, and is the best at doing things about the things!
and he thinks the best things because believe him, he is sort of smart because his brain has the best thoughts!
Good Job!
interesting...
How does he plan to build this boarder wall then when there isn't no fed money to fund it. I know he doesn't plan on paying.
Anyways, love your articles!
Unfortunately it is overdue.
This
Do people really think a guy holding so strongly to the idea of hair would risk losing his whole head?
If decisions on interests rates are made based on political decisions, then there is no way for the economy to go but down.
Well seems he has it right.
Please read this for a moments,.
I need some help
https://steemit.com/life/@odyprabowo/we-need-your-help-please-read-it
I house by my school goes for $749,000 in SW Portland, OR.....it is really worth 80,000...built in 1968.
Long-term inflation and currency devaluation
I believe you got the year right. I think S&P500 is currently in the fifth wave (Elliott Wave) and we will peak sometime next year.
Excellent article. Where are the rest of the people like you that are willing to speak the truth about the banksters.
dubloon135
Excellent content and straight to the point that changes big changes will be happening by January. Are we prepared or just accepting what gets passed by the government.
lol, donald Trump is the only billionaire who has to keep reaffirming he is a billionaire..
Do people really believe anything Trump says? He just seems to make it up as he goes along, but he hits enough buttons to convince people he's on their side. I think he only cares about himself. I'm sure his finance people have protected him from a big crash, but I bet his political handlers are the jumpiest people around.
we are doomed if we start to believe a businessman word who bankrupted so many times that i lost counts.
Interesting. I've been following his Fed comments since 2011 when he said some nice stuff about Ron Paul. I started paying more serious attention to Trump around that time. In 2012 he claimed that interest rates should be artificially lowered at the Fed. He also said Ben was doing a good job. But as a businessman he loved debt. As a "politician" it's hard to say.
Either way, it's best for vote for no one and abolish the Fed. :D
I like the deepness of your thoughts about that issues
My favorite part: "Would Trump truly attack the Federal Reserve as President? If so, he might not want to take any open air car rides through downtown Dallas." I think TDV makes some very valid points that Donald might be speaking more truths than Hillary right now, but he will not risk his life, or the lives of his family, to oppose the elites.