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Posted on 09/01/2025 12:17:38 PM PDT by Olog-hai
A key leader in the world economy is warning that undue interference in the Federal Reserve’s operations by President Donald Trump could pose a serious economic risk to the U.S. and the rest of the world.
European Central Bank President Christine Lagarde said in an interview with Radio Classique on Monday that efforts to remove Fed Chair Jerome Powell or Fed Governor Lisa Cook would “represent a very serious danger for the U.S. economy and the world economy.”
“If U.S. monetary policy were no longer independent and instead dependent on the dictates of this or that person, then I believe that the effect on the balance of the American economy could, as a result of the effects this would have around the world, be very worrying, because it is the largest economy in the world,” Lagarde explained. …
(Excerpt) Read more at foxbusiness.com ...
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It should be remembered as an axiom of eternal truth in politics that whatever power in any government is independent is absolute also.There’s a reason why there is no Federal Reserve in the US Constitution, Christine; and you’re one to talk, being the head of the autocratic ECB.
— Thomas Jefferson, 09/06/1819
“World leader”
Nope.
NON POLITICAL?! WTF is she talking about?! The fed and (I’ll add the WEF and the EU) have acted in no other way BUT politically for decades!!
“If U.S. monetary policy were no longer independent and instead dependent on the dictates of this or that person, then I believe that the effect on the balance of the American economy could, as a result of the effects this would have around the world, be very worrying, because it is the largest economy in the world,” Lagarde explained. …
substitute cabal of elites for this or that person and it makes more sense to end the fed…
the US customer drives the world economy… let us get the best deals and a true value of our money.
I suspect the Court will side with the Fed whenever that legal battle eventually is fought, though....
So Trump, who was convicted and fined half a billion for specious charges of “ loan fraud”…has to keep a serial mortgage loan fraudster on the Fed in the interest of world stability….directed by a European totalitarian
FED “independence” just means FED dependence on central banksters.
The peculiar interest by a foreign leader in our internal affairs is very telling. Why do we borrow our currency, at interest, from a private bank? Who are its shareholders? What are their profits?
More evidence that the EU wants WW3, EU needs WW3
Take note of the quote from Jefferson I posted.
The Constitution specifically gives Congress the power “to coin money, regulate the value thereof and of foreign coin” and not to delegate this power to any external agency.
To WEF and EU, you can throw in the BIS
Stay in your lane, bitch!
Humanity of course does not need WW3. But yes, that is what keeps the EUSSR alive, the notion of fomenting that final conflict.
In the mix is the innards of the Tower of Basel
So you think it is a good idea that there are multiple sovereign entities within the borders of the US? Cuz I think its the suicide that it is turning out to be. We have the EU declaring that Trump is the enemy of the Fed, which is about the most scary convoluted nonsense I have heard of given that the EU is a made up thing that has power only because too many people give it power.
Exactly! Who’s following?
instead dependent on the dictates of this or that person,
The question is simply who chooses the person who controls the Federal Reserve.
Wut.
I have no idea what you are talking about. Exactly what did I say that led you to make that comment? I said nothing about sovereign entities of any kind so....
Yeah. No clue what you mean.
We need to make our own junk and stop importing.
Exactly. You don’t know what I am talking about. That’s because you are a bloviating fool. When you talk about the Fed being independent and not under the control of the President you have created a sovereign entity in competition with our Constitutional government. Undermining US sovereignty have been a goal of the globalists, Soros, the deepstate and our leftists for a long time. You chose to dive headfirst into this fetid swamp.
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