The Federal Reserve is not a U.S. government agency. They are an independent bank owned by foreign interests. When they pump money into our economy, it decreases the value of your savings. That is its purpose, to drain wealth from working-class Americans.
Certain previous presidents have known this and fought back. The Fed has been taken down before. President Trump seems to understand the truth about the Fed, but he’s playing his cards close to his chest on this issue.
Now, the Fed- which makes its bones by devaluing your hard-earned money- is being urged by its former president to use its power to undermine Trump’s chances at reelection. In August, ZeroHedge wrote;
“[…] by scapegoating the global economy for the Fed’s July 31 rate cut – the central bank had now trapped itself, having certified before the world that any further escalations in Trump’s trade war are effectively a justification for more rate cuts. Whether this was Powell’s intention is unclear, although as we said at the time, ‘it certainly means that Trump is now de facto in charge of the Fed’s monetary policy by way of US foreign policy’, and it also means that as BofA wrote, ‘the Fed is unintentionally underwriting the trade war.’”
This implies the Fed is underwriting Trump’s trade war with China. This is a self-perpetuating feedback loop that could cause some serious problems. Even the fed itself said, “there’s a risk of an adverse feedback loop where the trade war hinders economic growth, therefore prompting additional Fed easing, which in turn allows for greater trade war escalation.”
The way it works is more tariffs weaken the economy by driving costs above what small and medium-sized businesses can afford. The Fed gets involved by employing quantitative easing- which is when the Fed buys properties to stimulate the economy (we’ll have more to say about that in a moment). Then the economy is strengthened, which leads to fewer inhibitions on further tariffs.
Admittedly, this is highly speculative. It depends a great deal on psychology. It assumes that Trump will predictably increase tariff use if the economy is stronger. If it is accurate, then it means that the Fed is intentionally feeding into a system that limits the growth of the economy, which is one of Trump’s biggest appeals to voters. In other words, it’s election meddling by the Fed.
Back to the point about quantitative easing. This is essentially the same as inflation except it comes with the added problem of taking capital goods out of circulation. Remember, the Fed is not an American owned or even an American government entity. It is a foreign-owned bank. Anything it buys is taken out of the economy.
This is like when Walmart buys a large piece of real estate and then refuses to sell the land after they abandon it to limit opportunities for their competition. So, what we’re looking at here is real election meddling by a foreign financial power.
That brings us up to speed. Now, former Goldman chief economist and the former head of the NY Fed, Bill Dudley has said that what the Fed is doing is designed to send the U.S. economy into a tailspin. This would scuttle Trump’s chances of reelection. It is sabotage.
This would be the recession liberals have been begging for. Ranking Liberals like Bill Maher have spoken eagerly of a new recession- saying that we need an economic collapse to get rid of Trump. Greased fools like Maher know damned well that Americans would lose their jobs, their homes, and their lives in a recession- but he doesn’t care about Americans.
And liberals seemingly do not care about Americans. They only care about the power that Trump is taking away from them, and they know that a recession is the only torpedo that can sink the USS M.A.G.A.
People like Dudley, have been a major influence behind the rise of China into a global economic power in recent years. They both predicted and promoted China as the world’s next major superpower. Just a few years ago, if you consumed much liberal media like PBS, you might have been convinced that the time to start learning to speak Mandarin Chinese is now.
These people are betting against the West, and they have a powerful weapon against American prosperity in the Federal Reserve. Even at a time when Trump is winning politically- the left still has the Fed, which is like the Death Star to Trump’s Alderaan.
