Flashback: Trump’s Clash with the Federal Reserve! Federal Reserve Chair Confirms: “Eliminating the Federal Reserve is Best for Economic Stability”
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BOOOM! Discover the explosive testimony of Federal Reserve Chair Jerome Powell advocating for the dissolution of the Federal Reserve, aligning with Donald Trump’s vision for economic sovereignty. Explore the dramatic narrative of power struggles and the quest for a fairer economic order.
Four years ago today, Trump claimed the stock market would “crash” if Joe Biden was elected. The market is crashing today. Trump was right.
Trump’s Crusade Against the Fed: A Battle for Economic Sovereignty
The winds of change are blowing through the hallowed halls of economic power, as Federal Reserve Chair Jerome Powell boldly agreed that the dissolution of the Federal Reserve would promote economic stability. In a riveting testimony before the U.S. House Financial Services Committee, Powell’s assertion shook the foundations of the financial establishment, echoing sentiments long held by President Donald Trump and his supporters.
The Assertion Heard ‘Round the World. During a session on Capitol Hill, Jerome Powell’s unequivocal “YES” in response to a panelist’s question about the necessity of eliminating the Federal Reserve sent shockwaves through the nation. This momentous statement wasn’t just a casual comment; it was a declaration that aligned with a growing chorus of voices questioning the role and legitimacy of the Federal Reserve. Powell’s assertion underscored a pivotal shift in the dialogue surrounding monetary policy and economic governance.
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The Federal Reserve, often cloaked in mystery and shrouded in controversy, has long been a target for those who argue that its functions are more aligned with the interests of a private banking cartel than with the public good. Critics have contended that the Federal Reserve’s policies have disproportionately favored the wealthy elite, exacerbating economic inequalities and undermining the financial stability of the average American. Powell’s testimony brought these issues to the forefront, challenging the status quo and inviting scrutiny of the institution’s true nature and purpose.
The Federal Reserve: A Misnomer in Every Sense. To fully grasp the magnitude of Powell’s statement, we must delve into the history and structure of the Federal Reserve. The institution, despite its name, is neither truly federal nor a reserve. It operates as an independent entity, privately owned and controlled, yet it wields immense power over the nation’s monetary system. This duality has fueled conspiracy theories and skepticism, particularly among those who believe that the Federal Reserve acts primarily in the interests of a select few.
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The argument that the Federal Reserve is a “private bank issuing public currency outside of the law” is not without merit. Established in 1913, the Federal Reserve was created to provide the country with a safer, more flexible, and stable monetary and financial system. However, critics argue that it has since deviated from its original mandate, becoming a tool for the world’s wealthiest families to manipulate economic conditions to their advantage. The Fed’s ability to print money at will and influence interest rates has profound implications for the economy, often leading to inflation and other unintended consequences.
President Donald Trump has been one of the most vocal critics of the Federal Reserve. His administration’s efforts to rein in the Fed’s power were part of a broader agenda to restore economic sovereignty to the American people. Trump’s unprecedented move to effectively merge the Federal Reserve into the Treasury Department was a bold step toward dismantling what he and his supporters viewed as a rogue entity operating outside democratic accountability.
Trump’s actions were rooted in a deep-seated belief that the Federal Reserve, under the influence of global financial elites, had overstepped its bounds. By consolidating its functions under the Treasury, Trump sought to bring the institution back under the control of the American government and, by extension, the American people. This maneuver was not without controversy; it sparked fierce opposition from those who viewed it as an assault on the independence of the Federal Reserve.
The Fallout: A Rigged Election and the Quest for Justice
The ramifications of Trump’s challenge to the Federal Reserve’s power were far-reaching. According to his supporters, this audacious move made him a target for powerful adversaries who were determined to preserve the status quo. The narrative that emerged was one of a coordinated effort to undermine Trump’s presidency, culminating in what they believe was a rigged election.
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Allegations of election interference, involving both foreign actors and domestic traitors, have been a central theme in this story. While these claims remain highly contentious and debated, they underscore the deep-seated distrust and division that characterize contemporary American politics. For many of Trump’s supporters, the perceived betrayal by the Federal Reserve and its allies is emblematic of a broader struggle against an entrenched and corrupt establishment.
The Case for Dissolving the Federal Reserve: A New Path Forward
The argument for eliminating the Federal Reserve is grounded in a desire for greater transparency, accountability, and economic stability. Proponents believe that by dissolving the Fed, the U.S. government could regain control over its monetary policy, free from the influence of private banking interests. This, in turn, could lead to more equitable economic policies that prioritize the well-being of the general population over the profits of a select few.
The idea is not without precedent. Throughout American history, various presidents and policymakers have advocated for reforming or abolishing the central bank. The debate has often centered on concerns about inflation, the concentration of economic power, and the appropriate role of government in managing the economy. In recent years, these concerns have been exacerbated by the Federal Reserve’s actions during financial crises, which critics argue have disproportionately benefited large corporations and financial institutions.
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As the debate over the Federal Reserve’s future continues, it is crucial to consider the practical implications of its dissolution. Transitioning to a new monetary system would be a complex and challenging process, requiring careful planning and coordination. Key questions would need to be addressed, such as how to manage the money supply, regulate financial institutions, and maintain economic stability.
Some propose returning to a gold standard or establishing a new form of government-controlled currency. Others advocate for decentralized financial systems, leveraging technologies like blockchain to create more transparent and secure monetary networks. Regardless of the approach, the overarching goal remains the same: to create a fairer and more just economic system that serves the interests of all Americans, not just the privileged few.
The testimony of Federal Reserve Chair Jerome Powell and the legacy of former President Donald Trump have reignited a critical conversation about the role and future of the Federal Reserve. As we stand at this crossroads, it is essential for the American people to engage in this debate, demand transparency, and hold their leaders accountable. The dismantling of the Federal Reserve is not just a question of economic policy; it is a fundamental issue of sovereignty, democracy, and justice.
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In this pivotal moment, the call to action is clear: we must challenge the entrenched powers that seek to maintain the status quo and work toward a future where economic stability and prosperity are accessible to all. The journey may be arduous, but the potential rewards—a more equitable and just society—are well worth the effort. Let us seize this opportunity to reshape the future of our economy and reclaim control over our monetary destiny.
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1 Comment
Eliminating the Federal Reserve is absolutely the way to bring financial transparency back to the country. Why do you think it was created in private for private bankers to profit from it? They sunk the Titanic to kill people that were opposed to its creation.
Remember in history, Amshell Mayer (Rothschild) was offered the throne of Germany and his response was, “just let me print the money.”