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I admit I had placed “Taking out the Federal Reserve as controller of our currency” as an unachievable dream, even by our genius President.

HOWEVER, this anon posting has gotten me thinking that maybe ... just maybe ...

FED BACKGROUND
I will skip over, for now, the vitally important background of the FED, the Bank for International Settlements etc., on the assumption that most people who give a damn about such matters are already informed.

WHAT IS BEHIND THE U.S. DOLLAR?

1) Since right after WWII, the U.S. Dollar (”USD”) has taken the place of Gold as the basis of world banking, finance and trade—the “Ocean” in which other currencies navigate.

2) The USD maintains its value, in general, based upon the power of the U.S. economy; BUT, there are some SPECIFICS.

3) The SPECIFIC MECHANISMS include: (i) Requirement of USD to purchase oil on the world market, particularly from OPEC; (ii) Requirement of USD to pay taxes in the USA and thereby directly participate in the world’s largest economy; and (iii) Ability to park very large amounts in HIGH INTEREST U.S. GOVERNMENT BONDs.

4) Note that U.S. military control of the Mideast is paramount to maintaining the U.S. Dollar dominance of OPEC oil. (S.A. would soon be overrun for their riches, not to mention the “Royal family” overthrown, without U.S. protection.) Closely related to this is the U.S. Navy control of the oceans, arguably the BACKBONE of U.S. military power.

5) Another crucial benefit of U.S. control of oil (AND THE SEAS) is that this is the ultimate weapon which could be deployed against China, a very RESOURCE-POOR country.

6) Other factors including U.S. stock markets, U.S. real estate values etc. are secondary effects to the above factors.

NOTICE WHAT PRESIDENT TRUMP IS DOING:

A. He has lowered corporate taxes.

B. He has threatened to remove U.S. protection of the Mideast, including Strait of Hormuz (actually a veiled threat against both Saudi Arabia and China to toe the line).

C. By eliminating TRADE IMBALANCES, POTUS is attempting to stop exporting USD, which is to stop digging the ditch deeper and deeper.

D. NOW HE IS ATTEMPTING TO “DE-FUND” the FED by getting them to stop charging interest.

E. In one of his speeches the last couple of days (I forget which one), he hinted once again at his plan to DEAL WITH THE $22 Trillion dept by getting interest rates down close to 0%, and then rolling it all together into 50-year or 100-year BONDs.

The FED is the heart of the financial cartel’s power (Rothschilds etc.). If the U.S. could roll all the debt in this way, and then start running without deficits, like many States do today, then the FED would become a mere shadow of its former self.

The President has taken on all the biggest challenges: China, immigration, the media, political correctness etc. Now a picture may be starting to emerge of his campaign against the globalist financial cartel.