Why Donald Trump must shut down The Federal Reserve

One of the reasons why the USA government has decided on
a seriously flawed financial system is because members of the GOP and the Democratic Party
tend to have such contempt for each other......
that the most influential people in both parties.....
prefer to give control of the money supply over to a private
organization than to take the risk of the other guys, getting elected, and
abusing the power to create money.

This is actually, a rather valid concern....... and although I fundamentally agree with much of
what the author of this article writes, I've been thinking about less risky alternatives for
this since 1994 when I began to research this topic.

https://www.intellihub.com/why-dona...l-reserve-and-start-issuing-debt-free-money/#

Why Donald Trump must shut down The Federal Reserve and start issuing debt-free money

Another alternative is to audit The Federal Reserve and to make sure that they actually are
doing what another poster here on politicalforum.com stated that they were supposed to do.......
PAY BACK the bulk of the interest generated by loans of the USA dollar, to the USA federal, state
and local governments, especially for infrastructure projects that benefit all Americans.

 

I have no problem with auditing the Federal Reserve. Just like the Pentagon, they should have to account for the monies that they receive from the federal government.

However, I'm still not clear on how shutting down the Reserve would be a good thing.

 

every modern, successful nation on Earth has a successful central bank that regulates interest rates and other monetary policies.

without it we would have massive inflation, or massive deflation, and frequent depressions.

 

It's not sustainable. You need something to back up money with, as fiat currency currency is inherently valueless.

 

so u want us to go to war for gold?

 

The question that has been bothering me ever since I read a comment by another poster here.....
is IF.... The Federal Reserve is actually supposed to pay back......
to the USA treasury... the bulk of the interest earned by lending USA dollars... to the various levels of
the USA federal, state and municipal governments......HOW DID THE USA GET TO BE EIGHTEEN TRILLION
DOLLARS IN DEBT????????


http://www.politicalforum.com/united-states/211515-who-actually-owns-fed-why-must-end-2.html
(post #19).....

Thread: Who Actually Owns the Fed and Why That Must End

 

So you think that wealth can only be gained by warfare...?

 

That is simply not accurate.....
The USA dollar is backed up by the productivity of USA workers.....
multiplied by the calibre of the equipment that they work with.....
multiplied by the calibre of their transportation and communication systems....
greatly added to by the calibre of their free educational system.....
backed up by the USA medical system so that not all of the cost of keeping workers healthy falls on companies....

The USA economy cannot be limited by the amount of gold or silver or some other metal that the government owns....
productivity has taken off too much over the past three centuries to allow something like that to limit our economy.


http://www.politicalforum.com/polit...national-wealth-must-occur-order-finance.html

A massive reevaluation of national wealth must occur in order to finance....
..... the shift over to a truly green and sustainable economy!

I just got back a brilliant summary of the numbers for the national wealth of the world's leading economies but.......
... it is apparent to me that we must look at these numbers and rethink the entire formula....... if we wish to finance the shift over to a truly green, truly sustainable economy.... and do it with the minimum amount of economic, political and social upheaval?!

 

this is what Muhammed believed.

 

This is basically true.... and The USA Federal Reserve administrators deserves a LOT OF CREDIT... for what they do get right.....
but..... .if the post that I quote in post #6 here is correct.......
then it is quite possible that The Federal Reserve COULD DO A WHOLE LOT BETTER!I

From the statistics that I have read....
The USA Federal Reserve may well be performing nearly THREE HUNDRED PERCENT better than
The Bank of Canada in some extremely important ways.......
but they can still do even better.

http://www.politicalforum.com/polit...ence-federal-reserve-doing-excellent-job.html
I just read powerful evidence that the Federal Reserve is doing an excellent job.

 

QE and the reduction of interest rates helped keep the USA from going into a major depression in 2009.

 

All that the above does is give the dollar an artificial sense value. Its value is not inherent and ergo not sustainable in the long term.

You seem to do have the assumption that inherent value can only come in the form of a metal.

 

There was an island country that carved stones to back up their money. They had one island used for the stones to carve into what appears to be wheels.

One day, after loading his carved wheel in his boat, something caused his boat to rock and the stone fell into the somewhat shallow sea. Because it was his, he still used it to back up his money.

https://en.wikipedia.org/wiki/Rai_stones

 

Frankly.... like you, I am not one hundred percent in agreement with the author of the article and I also have
serious doubts about fully shutting down The Federal Reserve......
but I do believe that it should be audited and...........

I believe that elected officials should plainly and clearly explain to USA taxpayers
what The Federal Reserve has been doing......
why Fed policies have been the way that they are.....(one reason is to decrease the power of unions which
tend to be considered to be one of the greatest evils by the type of people who rise up to the top levels of management of
huge banks..... not to mention the people that these bankers get together with on the weekends)!

http://www.politicalforum.com/polit...tly-did-we-get-trillions-dollars-debt-if.html
How exactly did we get to be trillions of dollars in debt if......
The Federal Reserve actually pays back most of the interest payments
that is generated by the loans that it makes to government??????



......
I have campaigned for public office four times already and I did try my best to explain the
complexities of the Canadians variation of this to voters in my area.

www.BankingSystemFlaws.blogspot.ca/

 

The use of gold or silver is a primitive idea. It denotes no more or less wealth than the Yap Stones did and to an extent, still do.

Frankly, I would hate to have the money supply under the control of a person such as Obama or Clinton. Trump is more proven as a money manager.

 

Fascinating!

I could be wrong.... but it is my sincere and genuine belief that
a Utah State Volunteerism Dollar, or Volunteerism Hour.......
could be used to PAY OFF THE NATIONAL DEBT OF THE USA......
over the next eight years as President Donald Trump gives us a significantly
more practical way of looking at economics, business, the true value of human life,
the true value of land in the countryside vs land in the cities.......
etc., etc.,

You may find page #2 in this discussion somewhat intriguing.... maybe a little offensive.....
but intriguing none the less..... I am not attempting to offend.... I am attempting to get people
to think outside the box......

http://www.politicalforum.com/polit...-could-utah-state-dollar-save-usa-dollar.html
Could a Utah State Dollar save the USA Dollar?

 

That is exactly the impression that I have as well.

I personally am a rather vocal supporter of President Trump but......
I do believe that President Obama and his team deserve a LOT of credit for how they
handled the debt crisis of 2009.

Gracias a Dios..... President Elect Donald Trump is a RINO.... not a dyed in the wool Republican because some
GOP officials were expressing ideas at that time...... that just didn't impress me as wise or practical, under the
circumstances.

 

To be truly honest here, as I always attempt, I have studied money for decades. I find it very astonishing that money, used daily, is still so totally misunderstood by those as laymen, manage to discuss money.

It would be as foolish to get rid of the Federal Reserve as to go up the street and watch your own bank get demolished.No place for you to safely put your funds. I seldom get to the bank where my funds are. But if somebody wanted to destroy that bank, I would have a fit the size of Texas.

Should the Fed Reserve get audited? Whom do you trust to audit them? They are a nationwide collection of banks. I expect they all keep a close eye on each other.

Congress can't even audit it's own operations much less operations of others. So who is left to audit?

 

Obama did not handle the debt crisis.

That myth he did however will last for some years to come.

The Federal Reserve has no duty to presidents. They have no real duty to congress.

It however is enormously misunderstood. But it was the major influence over the economy.

Bush did very important things prior to him leaving office as well. But that was in the form of loans to important industry, the auto and banking industry for instance.

 

The last two presidents to actually threaten the bankers and their grip over our currency (Lincoln and Kennedy) would up with a bullet through their heads.
Could be coincidence. Maybe not. But I would be very careful coming between the Federal Reserve and their monopolistic racket.
http://www.michaeljournal.org/articles/politics/item/abraham-lincoln-and-john-f-kennedy

 

Good points!

It is almost impossible to find somebody who will address this subject
in such a way that both the positive as well as the negative aspects of
the equation are looked at with objectivity.

For example.... up here in Canada when Prime Minister Pierre E. Trudeau
took the Canadian dollar off the gold standard, (which certainly had to be done), an
error was made that has caused our national debt to spiral out of control......
but on the plus side it could be argued that this may have dampened the
Canadian economy in a positive manner...... that may have helped to save
millions if not billions of trees?!?!

P. M. Trudeau's error in 1974 set the stage though for the series of events that
led to Mr. Donald Trump being forced into his first bankruptcy, which in my opinion
will make him a better and more empathetic President.


http://www.politicalforum.com/canad...e-elliott-trudeau-save-world-environment.html
Did P. M. Pierre Elliott Trudeau save the world environment?

This is actually a quite serious question.

P. M. Trudeau made an error back in 1974, that may well come to be understood as one of the most important mistakes ever made by a political leader.

When P. M. Pierre Elliott Trudeau took Canada off the gold standard, (which incidentally had to be done for many valid reasons), a miscalculation was made that is the number one reason why our national debt has spiraled out of control.

But..... there is a very good side to this because all of us know that we humans have been in a somewhat similar mentality to our ancestors who shot, boiled, barbecued, roasted and fried passenger pigeons into extinction.

We are highly prone to OVER Consumptionism............. I addressed part of the background issues back in my 2006 provincial level campaign as an independent.

 

True......
President George W. Bush is one of my two all time favourite USA Presidents.

You do have a good point that he made some changes in the last months of
his presidency that were crucial to the debt crisis not turning into a full scale
depression.

http://www.politicalforum.com/polit...donald-trump-can-great-president-because.html
Donald Trump can be a GREAT President because.......

So this is why he seriously mistrusts The Federal Reserve......
and is willing to call for them being audited.

The Donald is not thrilled with their performance over the last thirty years.....
specifically the interest rate hike of the last seventies and eighties.

https://en.wikipedia.org/wiki/Donald_Trump

 

True......

but President Elect Donald Trump is obviously the most
courageous President that America has had since JFK.


http://www.infowars.com/trump-calls-for-auditing-the-fed/

Trump Calls For Auditing the Fed

 

The more practical issue is how would we replace that $80B a year hole in the federal budget that is currently filled by fed payments to Uncle Obama.

 

Aha.... interesting..... is this the specific number at this time for the statement
that I quote in post #6?


http://www.politicalforum.com/showthread.php?t=211515&page=2&p=1064784748#post1064784748

Thread: Who Actually Owns the Fed and Why That Must End