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Left's worse nightmare! According to Fox news.

Posted on 4/14/19 at 6:08 pm
Posted by Joe Smo 1234
Member since Apr 2019
470 posts
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 by genuineLSUtiger
Nashville
Member since Sep 2005
72975 posts
Posted on 4/14/19 at 6:15 pm to
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 by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47615 posts
Posted on 4/14/19 at 6:18 pm to
quote:

tied to the gold standard.


Would completely destroy our economy.
Posted by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 6:19 pm to
The same gangsters who gave us the FED gave us the IRS about a year later...curious, huh!
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
72975 posts
Posted on 4/14/19 at 6:35 pm to
Banksters
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/14/19 at 6:39 pm to
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 by HempHead
Big Sky Country
Member since Mar 2011
55496 posts
Posted on 4/14/19 at 6:45 pm to
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 by Bard
Definitely NOT an admin
Member since Oct 2008
51687 posts
Posted on 4/14/19 at 7:02 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 8:02 pm to
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 by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 4/14/19 at 8:07 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 8:09 pm to
I have my theory about what group is keeping DT above ground. But it's too controversial for here. lol
Posted by djmicrobe
Planet Earth
Member since Jan 2007
4970 posts
Posted on 4/14/19 at 8:11 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 8:17 pm to
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 by 6R12
Louisiana
Member since Feb 2005
8666 posts
Posted on 4/14/19 at 8:18 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 8:25 pm to
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 by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/14/19 at 8:58 pm to
I’m interested in your theory too controversial for here?
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/14/19 at 9:03 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 9:07 pm to
I think Jared Kushner has connections with...let's say...a very powerful organization...think about it...
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/14/19 at 9:14 pm to
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 by Joe Smo 1234
Member since Apr 2019
470 posts
Posted on 4/14/19 at 9:26 pm to
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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