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Left's worse nightmare! According to Fox news.
Posted on 4/14/19 at 6:08 pm
Posted on 4/14/19 at 6:08 pm
Democrat Socialists(and I repeat myself) are deadly afraid of Trump's nominee for the Federal Reserve Board. Stephen Moore does not fit their agenda of socialism. He want to keep the economy humming. The Dems want to crash it before the election. America, it's your choice!
Posted on 4/14/19 at 6:15 pm to Joe Smo 1234
He needs to issue an Executive Order to dismantle the FED and restore the purse back to it's rightful place with the Treasury Department tied to the gold standard. Reset things.
Posted on 4/14/19 at 6:18 pm to genuineLSUtiger
quote:
tied to the gold standard.
Would completely destroy our economy.
Posted on 4/14/19 at 6:19 pm to genuineLSUtiger
The same gangsters who gave us the FED gave us the IRS about a year later...curious, huh!
Posted on 4/14/19 at 6:39 pm to genuineLSUtiger
quote:
He needs to issue an Executive Order to dismantle the FED and restore the purse back to it's rightful place with the Treasury Department tied to the gold standard. Reset things.
JFK wanted to get rid of the FED...didn't end too well for him.
Posted on 4/14/19 at 6:45 pm to Green Chili Tiger
quote:
Would completely destroy our economy.
I do not disagree, but there are a number of actions that could be taken to ensure long-term economic health that would also result in short-term disaster.
There is absolutely no way to ensure stability and growth over a number of decades without taking a hit, one way or another. Our cake is either for consumption, or for viewing.
Posted on 4/14/19 at 7:02 pm to genuineLSUtiger
quote:
the gold standard
This would absolutely kill American exports and thus cripple the economy as imports would be astronomically cheaper. Even if you passed laws making tariffs balance out prices domestically, you still wouldn't be able to export crap (so it would be a band-aid on a chopped-off limb.
Any chance of tying the Dollar back to the price of gold left the moment the US became and remained a net importer instead of a net exporter.
Posted on 4/14/19 at 8:02 pm to Bard
This is how I see it. It all depends on your horizon. If you have children then you care about the future. If not then you can live only for today, do your drugs, etc. The tulips scam didn't end very well for folks, even a genius was taken in on the deal. Look it up. When the public looses faith in a currency, it bites the dirt. Check out the german mark back a few years. The history is that when a currency dies, so does the empire. Facts are a nagging bitch!
This post was edited on 4/14/19 at 8:04 pm
Posted on 4/14/19 at 8:07 pm to Dale51
quote:
JFK wanted to get rid of the FED...didn't end too well for him.
Well, i doubt if we let trump take any downtown strolls in a fricking convertible
Posted on 4/14/19 at 8:09 pm to GeeOH
I have my theory about what group is keeping DT above ground. But it's too controversial for here. lol
Posted on 4/14/19 at 8:11 pm to Dale51
quote:
JFK wanted to get rid of the FED...didn't end too well for him.
Can't tell anyone about your plan to end the fed or else they will JFK you.
End it on a Friday afternoon at 5pm EST with the stroke of a pen.
Once it is done, they can't do anything to prevent it.
Posted on 4/14/19 at 8:17 pm to djmicrobe
Btw, to those that are interested in the economy like I do, here's something to ponder. The world economy is floundering according to the IMF. The Baltic Dry Index is down 27% from last year. Quite a few western countries are looking at negative IRs because their economies are stagnant at best. Italy is considering leaving the EU and NATO to try and save itself....just a few items to ponder this Sunday.
Posted on 4/14/19 at 8:18 pm to Green Chili Tiger
quote:
Would completely destroy our economy.
That might be possible, and it's only bc the swamp has taken this country so far away from common sense that some changes to straighten out the mess could hurt for quite a while before it gets better.
Posted on 4/14/19 at 8:25 pm to 6R12
Japan has found out too late to turn back from negative rates and printing monopoly money. China is about to find out also. Last month or the one before, China injected 600 billion DOLLARS worth yuan in one month to save the failing factories there that should be allowed to fail. But the social/political outcome scares the Chicom govt. too much. Tick tock!
Posted on 4/14/19 at 8:58 pm to Joe Smo 1234
I’m interested in your theory too controversial for here?
Posted on 4/14/19 at 9:03 pm to GeeOH
quote:
Well, i doubt if we let trump take any downtown strolls in a fricking convertible
I agree...take that one scenario off the table.
Posted on 4/14/19 at 9:07 pm to Dale51
I think Jared Kushner has connections with...let's say...a very powerful organization...think about it...
Posted on 4/14/19 at 9:14 pm to Joe Smo 1234
quote:
I think Jared Kushner has connections with...let's say...a very powerful organization...think about it...
Ya, but nothing can predict the orchestrated "lone wolf"...the "patsy" or the "one in a million" event.
Posted on 4/14/19 at 9:26 pm to Dale51
Did ya notice that DT did some serious reshuffling of the Secret Service? And this organization that I speak of is very efficient.
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