Posted on 07/06/2019 5:41:57 AM PDT by Moonman62
Strong jobs report, low inflation, and other countries around the world doing anything possible to take advantage of the United States, knowing that our Federal Reserve doesn’t have a clue! They raised rates too soon, too often, & tightened, while others did just the opposite....
....As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better - massive additional wealth would have been created, & used very well. Our most difficult problem is not our competitors, it is the Federal Reserve!
The Fed's premise that economic growth causes inflation is wrong.
They've robbed America of trillions of dollars in wealth.
Right now the extreme left nucleus of the Democratic Party which is the majority of its primary voters holds center stage. These people despise capitalism and nationalism. No matter how prosperous America may be and despite the fact that their core constituent groups have done well economically under Trump, they will never acknowledge any progress and will always bitterly rant. Nor will they join in any real celebration of the American nation, its accomplishments and heritage. Socialists despise nationalism. It is important for Trump to educate the muddled middle of the serious choice they must make. People on FR and other decent folk know how to vote. The Left is hopeless but it would be foolish to ignore their power and influence. The battle will be won in the middle among the unaware and uneducated.
BUMP! BUMP!
One only has to read The Creature From Jeckyll Island to know the Federal Reserve has always been our greatest enemy. The Federal Reserve must be abolished and if not, in the very least, open to investigative scrutiny!!
No worries. I’m sure the GOP Senate will confirm President Trump’s Fed nominees. Oh, wait. The GOP Senate torpedoed Trump’s Fed Picks. With Republicans like that who needs Democrats?
Waller is almost a certainty to be confirmed, and he is for lower interest rates.
Shelton has already been confirmed by the Senate for her current job, so that will make it a bit easier for her Fed confirmation.
They are both great nominees. They don’t agree with the way the Fed has done things for the past few decades.
This should not be an issue. Trump’s picks should already be confirmed. And why is the GOP Senate obstructing President Trump and picking Fed members? That answer is obvious: Deep State approved Fed governors only. Don’t hold your breath waiting for them to support the MAGA agenda.
Could not agree with you more.
And they all say that Andrew Jackson was a terrible president? Just read his opinion on the national bank and anyone with any sense would come to the conclusion that they changed history to slight the man.
Notice how they said that US Grant was a terrible president? Yes, he had a cabinet that was crooked to the core, but if anyone with sense thinks on it, he was against the federal bank and they skewed history to slight him also.
JFK issued a EO to print reserve notes backed by gold and silver. Two or three weeks later he was dead.
He is correct, but I believe it may be more insidious than simply being wrong about an economic metric. There are powerful people and entities labeled as both D and R who will enthusiastically harm our economy if they think it will cause Trump to lose.
Their goal is not prosperity in the short term. It is one world order. A goal they effectively worked towards for 28 years prior to this “outsider” obstructing their plans. They have to get rid of him at all cost and few weather an economic down-turn better than those on the inside.
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