
Pimpy's Investment Chat
Jun 14, 2020
The Federal Reserve Act was a direct violation of our Constitution but they passed it anyway.
The Federal Reserve is not a Government Agency. It is a private organization run by 5 families.
They are not here for our best interest. Trump is working on destroying the Federal Reserve. It is already happening.
Most Presidents can put 1 or maybe 2 of their candidates on the 12 member Governor board of the Federal Reserve. In Trump’s case he has 4. That will really change the landscape of the Federal Reserve.
But, why change it at all? Why not just do away with it and move us back onto the Gold Standard?
Article: Dick Bove: “Trump poised to take control of the Federal Reserve” https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html
Article: TRUMP RUNS FED – Next Stop: Out Of Town? On March 27, 2020, Bloomberg published an opinion describing new operations planned by the Federal Reserve and U. S. Treasury involving highly significant moves to finance, purchase and own commercial paper, corporate bonds, term asset-backed securities and to lend to medium-size and small businesses. This “… essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.” The news/opinion that President Trump is in the process of becoming “your new Fed chairman” should be understood as a potentially significant step – perhaps even a leap – towards the goal of restoring an international gold standard monetary system to serve all people of the world. https://sarahwestall.com/trump-runs-fed-next-stop-out-of-town/
Trump’s pick for Federal Reserve wants to take us back to the Gold Standard https://markets.businessinsider.com/news/stocks/trumps-latest-fed-pick-backs-unusual-economic-policies-judy-shelton-2020-1-1028865137#interest-rates3
I believe Trump will be taking us back to the Gold Standard….It’s already started.
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