Trump Is Right: The Federal Reserve Is Crazy And Here Are 101 Reasons Why It Should Be Shut Down

Friday, October 12, 2018
By Paul Martin

by Michael Snyder
EndOfTheAmericanDream.com
October 11, 2018

Donald Trump just made one of the most brilliant moves of his entire presidency. By accusing the Federal Reserve of “going loco”, he is placing the blame for the coming stock market crash and horrifying economic downturn squarely where it belongs, and he is firing up millions of true conservatives among his base at the same time. For many, many years, a lot of us have been trying to educate the American people about the deeply insidious Federal Reserve system. As Ron Paul once so astutely observed, it is actually about as “federal” as Federal Express is. The Federal Reserve is an unelected cabal of central bankers that is running our economy into the ground, and the only way we are going to fix our long-term economic and financial problems is if we abolish it. So for those of us that understand these things, it is extremely exciting to hear President Trump use language such as this…

President Donald Trump knocked the Federal Reserve for continuing to raise interest rates despite some recent market turbulence.

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally.

That may be one of the greatest things that Donald Trump has ever said.

And if Trump feels like his base is really responding to this sort of rhetoric, he may start using it as a campaign tactic.

Could you imagine thousands upon thousands of supporters chanting “End the Fed” at Trump rallies leading up to the 2020 election?

That would definitely be a beautiful thing.

Without a doubt, the Federal Reserve has created “the everything bubble”, and when it bursts the economic pain is going to be off the charts.

Of course the left is going to want to blame Trump, and so Trump is being very smart by pointing a finger at the Fed for aggressively raising rates at a time when the U.S. economy is already slowing down.

And you know what? CNBC’s Jim Cramer actually agrees with Trump…

“I agree with President Trump that the Fed needs to tighten less aggressively, even as he probably shouldn’t have said those nasty things in public because he’s making it harder, not easier, for Jerome Powell to give him what he wants,” he said. “When you look at the economy empirically right now, you start to see real problems.”

Following those comments, Cramer offered some examples of the “real problems” that he is seeing throughout our economy…

Sources within the auto industry, in addition to major suppliers PPG Industries and Trinseo, have suggested to the “Mad Money” host that there is a “definitive slowdown” in auto sales.

“Housing is either pausing or down for the count,” he said. “We know this because it’s what Lennar, the largest homebuilder in America, told us. Lennar has its pulse on every market.”

Key economic building blocks — things like packing materials and plastic — are either stagnant or dropping in price, indicating a slowdown in shipping, a leading barometer for the state of the economy, Cramer said.

Needless to say, criticizing the Federal Reserve is a very dangerous thing to do, and there is a reason why previous presidents have never dared to do so.

But that is one of the great things about Trump. He simply refuses to be controlled, and he will not be intimidated by threats.

We desperately need a president that is willing to stand up to the elite and call for the abolition of the Federal Reserve. For a long time it appeared that doing something about the Fed was not on Trump’s radar, but now that may be changing.

So let us hope that Trump’s war with the Federal Reserve escalates significantly, because we want this to be a top national issue during the 2020 presidential election.

The following is a list of 101 reasons why the Federal Reserve should be shut down that is an updated version of an earlier list from one of my previous articles…

#1 We like to think that we have a government “of the people, by the people, for the people”, but the truth is that an unelected, unaccountable group of central planners has far more power over our economy than anyone else in our society does.

The Rest…HERE

One Response to “Trump Is Right: The Federal Reserve Is Crazy And Here Are 101 Reasons Why It Should Be Shut Down”

  1. White Scooter Trash

    Fire them. Tell them to GTFO and replace them with gold backed greenbacks. Each state has their own currency and we compete together to make America great again !!
    It would be awesome to see a picture of the Donald on the new 100 dollar greenback.

    #3770454

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