Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Like Tree8Likes
  • 2 Post By 11C1P
  • 2 Post By PMBug
  • 1 Post By singleshot
  • 1 Post By PMBug
  • 1 Post By PMBug
  • 1 Post By PMBug

Reply
 
LinkBack Thread Tools
Old 08-08-2018, 03:55 PM   #1
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 952
Liked: 497 times
Liberty Trump To Reclaim Fed Reserve From Rothschild Family

If he does it, how long until he becomes the next president to be assassinated? Thing is, it doesn't sound like the long term plan is to end it, just wrest control out of some international oligarchy & put it under direct control of politicians. That might be fine when your party is in power, but not so much when it isn't. Not to mention it takes a lot of time, effort & materials to build a house, but a can of gas & match can take it down in no time. The dems really love their gas & matches too.


https://yournewswire.com/president-t...ve-rothschild/


President Trump has vowed to reclaim control of the Federal Reserve from the Rothschild family, freeing it from crippling regulations that has held America back for decades.

Trump says the Federal Reserve has been allowed to cause interest rates to soar, create huge dept, and slow the growth of the economy for far too long.

https://www.cnbc.com/2018/07/20/trum...l-reserve.html

Dick Bove: Trump poised to take control of the Federal Reserve

President Trump sharply criticized the Federal Reserve this week, saying interest rate increases are hurting the economy.

Trump will have the opportunity to fashion the central bank in the image he would like as he has four vacancies to fill on the board of governors.

The result could be a more politicized Fed.
rblong2us and singleshot like this.
__________________
http://flic.kr/p/297hR6v
11C1P is offline   Reply With Quote
Old 08-10-2018, 01:48 AM   #2
Predaceous stink bug
 
Join Date: Mar 2012
Posts: 108
Liked: 42 times
Jackson survived their attempts, they are not infallible.
Unless he appoints Ron Paul as Treasury Sec, he'd be better to abolish the Fed and return the authority to "coin money" to those lazy ass shits in congress.
singleshot is offline   Reply With Quote
Old 08-10-2018, 08:11 AM   #3
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
It's true that Trump has the opportunity to appoint most of the positions on the board, but he's not well grounded on monetary theory and I really don't have any faith that he really understands the issues. He lacks the baseline knowledge to really guide his selection process, so he's going to be relying on others to hammer out the candidates list. I'm not as optimistic as the articles in the OP that much is going to change.
ancona and singleshot like this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 08-10-2018, 01:57 PM   #4
Predaceous stink bug
 
Join Date: Mar 2012
Posts: 108
Liked: 42 times
IDK, every time I am convinced that he's just an insecure bully that shoots from the lip, I'll read something that makes me think that he's gaming the Deep State.

"Keep your friends close but keep your enemies closer"- Vito Corleone
singleshot is offline   Reply With Quote
Old 08-10-2018, 03:03 PM   #5
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
I think it's going to be a matter of who has his ear at the time he gets around to making his shortlists for the appointments. Seems like Sen. Rand Paul is now besties with Trump, but I don't know that the relationship extends past the current alignment on (Russia) foreign policy. Who is advising him on financial/tax/monetary matters? I honestly don't know.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 08-14-2018, 12:04 PM   #6
Predaceous stink bug
 
Join Date: Mar 2012
Posts: 108
Liked: 42 times
Well, that's just it. Every time he appoints another Deep State clown (like Bolton), we don't know if Trump is listening to them or just bringing them onboard to keep the DS off guard and wondering what's up.
I read where Trump may be listening to Rand Paul about foreign policy, as he should. Maybe he might pick up some sound advice about our failing monetary system, as well.
There is so much going on behind the scenes that bolsters my optimism. Disclosure of the truth is happening but TPTB what is to trickle out over the next 100 years. Something strange is going on in the MSM when they release a video from the Dept of Defense showing a UFO and the so-called journalists are not snickering, laughing and making jokes.
I believe there are "white hat" operatives in the DS that are fighting the good fight on our behalf. Maybe Trump knows this, maybe he doesn't. Based on things he said during the campaign, I think he is holding his Trump cards (pun intended), very close to his chest. He has to because he has so many enemies right next to him.
rblong2us likes this.
singleshot is offline   Reply With Quote
Old 08-21-2018, 07:22 AM   #7
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
Quote :
...
President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman and lamented to wealthy Republican donors at a Hamptons fundraiser on Friday that his nominee instead raised interest rates, according to three people present.
...
https://moneymaven.io/mishtalk/econo...UmvfQLVGUXrhg/

Trump isn't reclaiming shit. The bankers own their game and they aren't going to cede that authority to anyone else.
11C1P likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 08-21-2018, 02:39 PM   #8
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 952
Liked: 497 times
Originally Posted by PMBug View Post:
https://moneymaven.io/mishtalk/econo...UmvfQLVGUXrhg/

Trump isn't reclaiming shit. The bankers own their game and they aren't going to cede that authority to anyone else.
It never ends. If Trumpi-Wan Kenobi was our last hope, it seems as if the dark side will prevail ad infinitum.
__________________
http://flic.kr/p/297hR6v
11C1P is offline   Reply With Quote
Old 08-22-2018, 02:04 PM   #9
Predaceous stink bug
 
Join Date: Mar 2012
Posts: 108
Liked: 42 times
I know, it's hard to stay optimistic when the news that we are fed looks bad. But that's what they want. You're not going to hear about the victories that are taking place behind the scenes by the good guys who are fighting the DS.
Which is why so many alternative news sites have been kicked off platforms like Facebook, YouTube, Twitter, et al.
I suggest that when you feel overwhelmed and that Trump has been compromised, think back to two years ago when it looked like Hillary would be elected and what would it be like now, if she had.
singleshot is offline   Reply With Quote
Old 11-28-2018, 07:11 AM   #10
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
I just now saw this bit of old news:
Quote :
11/30/2017

President Donald Trump has nominated Carnegie Mellon University professor Marvin Goodfriend to be a member of the Federal Reserve Board of Governors.
...
https://mises.org/power-market/marvi...oard-governors

His nomination is still pending. You might remember this guy from the cashless society thread:
Quote :
...
Another major speech was by an economist named Marvin Goodfriend, from Carnegie Mellon University. His speech was called The Case for Unencumbering Interest Rate Policy at the Zero Bound.

... In short, it’s a way to impose negative interest rates on physical cash.

It’s true that Goodfriend is an academic, not a policymaker. ...
https://www.pmbug.com/forum/f4/drumb...html#post32270
11C1P likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 02-05-2019, 07:02 AM   #11
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
The New York Sun seems to think there is still hope...
Quote :
It looks like this could be the moment at which President Trump makes his move in respect of the Federal Reserve. We say that because the chatter we hear is that he’s considering nominating to its board of governors the economist Judy Shelton. The Sun endorses her heartily. It would mark a brilliant start to redeeming his campaign promises in respect of monetary policy and our central bank.

Ms. Shelton is no stranger to readers of Sun editorials — or the editorial page of the Wall Street Journal. She has long since emerged as one of the most articulate, but measured, advocates of the idea that our economic troubles spring in large part, if not exclusively, from the fiat nature of our currency. And that we need to bring back into our political economy the idea of sound money.

We wrote about Ms. Shelton when she delivered at Jackson Hole a speech challenging the notion that the gold standard was “crazy.” And also when, two years ago, she issued in the Wall Street Journal an op-ed piece about how Mr. Trump is right in suggesting that monetary manipulation is a real problem. We called her “The Woodpecker” for the way she has kept hammering away at the issue.
...
More: https://www.nysun.com/editorials/tru...the-fed/90559/
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 02-19-2019, 09:12 AM   #12
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
Quote :
President Donald Trump’s top economic adviser said the White House currently is interviewing candidates to fill open seats on the Federal Reserve Board but said there’s no hurry to make a nomination.

“There’s no urgency on that,” the head of the National Economic Council, Larry Kudlow, told reporters at the White House ...
https://www.bloomberg.com/news/artic...ard-candidates
11C1P likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 02-19-2019, 07:10 PM   #13
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 952
Liked: 497 times
.

Yeah, no hurry. Instead hurry up & shut it down.

.
__________________
http://flic.kr/p/297hR6v
11C1P is offline   Reply With Quote
Old Yesterday, 07:29 AM   #14
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 6,844
Liked: 2420 times
First a follow up on the Goodfriend nomination:
Quote :
Marvin Goodfriend's future as a Federal Reserve governor appears either in doubt or at least in limbo.

President Donald Trump's move in late 2017 to appoint the Carnegie Mellon economist as a central banker ran into a dead end last year when the nomination died in the Senate.

Though the White House recently sent a lengthy list of renominations Wednesday to the Senate, Goodfriend's name was not on it, putting his status in doubt, according to a Bloomberg report.
...
https://www.cnbc.com/2019/01/17/good...-in-doubt.html

Next, looks like Trump wants friends, whether they are qualified or not (I doubt the Senate confirms this one):

Quote :
U.S. President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank’s board of governors, a move that would put a Trump loyalist inside the world’s most important financial institution.
...
Before joining the conservative Heritage Foundation think tank, Moore had worked as an editorial page writer at the Wall Street Journal. He also was an adviser to Trump’s presidential campaign and holds a master’s degree in economics from George Mason University.

“I have known Steve for a long time – and have no doubt he will be an outstanding choice!” Trump wrote on Twitter on Friday.

Elsewhere on Twitter, some conservative economists and fellow Fed critics were less effusive.

“Trust me, Steve knows absolutely nothing about the Federal Reserve or monetary policy,” Bruce Bartlett, a supply-side economist who served in the Republican administrations of Ronald Reagan and George H.W. Bush, said on Twitter.

“Stephen Moore is unfit to serve on the Fed board,” monetary economist George Selgin, director of the libertarian Cato Institute’s Center for Monetary and Financial Alternatives said on Twitter.
...
More: https://www.reuters.com/article/us-u...-idUSKCN1R30E2
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
US Gold deficit is [trump]yuge![/trump] PMBug Gold Bug 3 11-05-2015 06:26 PM
I think I like trump Penn STS 8 07-02-2015 08:10 AM
How much do you need to feed a family benjamen BSTS 10 02-19-2013 06:38 AM
[VIDEO] Evelyn de Rothschild wants an international fiat currency swissaustrian Fiat Ponzi 7 11-20-2012 01:47 PM
Talking with the family. KMS BSTS 17 03-09-2012 10:16 AM


All times are GMT -5. The time now is 02:01 AM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.