Wow! I disagree with one point of the article- that it is the death of Capitalism. It looks more like this is removing government devastation of the free market, meaning it is pushing us back into Capitalism.
That's a quote from someone else, not the writer of the article
according to Forbes. “What we’re witnessing here is nothing less than the death of capitalism and birth of something new,” said Mati Greenspan, the founder of analysis and advisory firm Quantum Economics. “It’s quite fascinating, really.”
The writer questions that and concludes with this
"If the Federal Reserve owns more than 15% of America’s debt, it can play it safe and exit at any time, but if they owned, let’s say 50%, their decision to keep this bad investment comes into play. Owning half of the largest economy’s debt may force the Federal Reserve to either declare bankruptcy or ask to be bought out. Or, they may be forced to stop playing games with our politics and pull out their paid opposition. Either way, it’s good for Americans. And the real reason we are seeing crisis after crisis is that fact that Trump has been taking the power away from the elite for the past 3 years. The moment they shut down our economy, Trump backfired with this unprecedented move. Now you know why he was investigated, impeached, pandemic’d, rioted and possibly civil war’d. All for power."
When Trump said he's made a lot of rich people angry, he wasn't kidding. He absolutely has to win otherwise these 2 clowns will undo all the progress we've made.
Good luck finding one that doesn't eventually trail back to a Bloomburg article trying to slander the Trump Administration's support of the first virus stimulus bill. There are a ton of people around there which where really happy to take quotes from that article out of context to support their rabid belief that Trump is on the edge of ending the Fed
That’s a funny way of saying abolish.
The Fed was reorganized and quietly rolled into the Department of Treasury a while ago. We have gone back on the the gold standard.
Holy shit you're right
https://takeoregonback.com/2020/06/09/the-real-reason-trump-merged-the-us-treasury-with-the-federal-reserve/
Wait what
Holy shit
Wow! I disagree with one point of the article- that it is the death of Capitalism. It looks more like this is removing government devastation of the free market, meaning it is pushing us back into Capitalism.
That's a quote from someone else, not the writer of the article
The writer questions that and concludes with this
When Trump said he's made a lot of rich people angry, he wasn't kidding. He absolutely has to win otherwise these 2 clowns will undo all the progress we've made.
1 clown. The other clown will be somewhere in the basement gnawing at the insulation.
Gotta love it when Trump launches a silent Coup of the Federal Reserve. It’s actually hilarious. Thomas Jefferson and Andrew Jackson would be proud.
I’m gonna need a source on that one.
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
Look how pissed this Bloomberg fuck is about it then read this
https://takeoregonback.com/2020/06/09/the-real-reason-trump-merged-the-us-treasury-with-the-federal-reserve/
Good luck finding one that doesn't eventually trail back to a Bloomburg article trying to slander the Trump Administration's support of the first virus stimulus bill. There are a ton of people around there which where really happy to take quotes from that article out of context to support their rabid belief that Trump is on the edge of ending the Fed
We are not back on the gold standard bro.
Petro dollar is still king. As long as oil is traded internationally in US dollars this ponzi scheme is allowed to grow.
Trump is such a bad ass!! I love it.
Are you sure we are in the gold standard or is that a goal moving forward?
Credit And debt killed the gold standard
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And the Fed was created after "they" purposely sank the titanic.
Yes. All of the opposition drowned basically. How convenient.