The globalist cabal Fed is in a bad place - they want to crash the economy and blame Trump so they can get back to globalist ponzi, but if they try to do that Trump will end the Federal Reserve system, and they all know it. Trump has openly said the words "gold standard," and sent his people down to count the gold. He knows exactly what is available.
The Fed has no choice but do Trump's bidding, and wait for the day they can get someone more cooperative in office. Trump knows that too.
The other global central banks are also trapped by Trump's policies. They can still print, but then their currencies lose value and America gets even stronger. Devaluing currency risks Trump's tariff retaliation wrath, and everyone fully believes he will do it. Hell, he even tariffed Canada, his best trading partner, and the one nation with actual balanced trade with the US. Trump's economics, (which are really Reaganomics,) forces nations to act as nations again. They have no other choice. It's do that or go bankrupt.
Nation state economics - you concentrate on your internal economy, and if other nations want access, they have to pay for the privilege. This gives domestic business the trade advantage on the home front, and it is the secret to restoring wealth to the citizens of any nation.
The Swedish economic miracle - an example that the left loves to point to about the proven benefits of the welfare state - included free health care, free day care, guaranteed employment in quality jobs, free education, one of the highest living standards in human history, 75% unionization rate, almost no crime to speak of - almost the highest longevity ever achieved, etc etc.... including very profitable corporations, and a high tech national army, armed with domestically produced high quality weapons - and they did it like this for many decades - but they also did all of this behind a wall of some of the highest tariffs in the world. Sweden got in bed with the globalists, and now Sweden is a shithole country.
The fatal flaw of the globalist plan is a simple one - ponzi economics does not work. It is a Wizard of Oz illusion of economics, and it collapses every time. It's the Potemkin economy - where the news is always good, and people are poorer every year, and ever further in debt. It's fake economics.
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18586608? ago
The globalist cabal Fed is in a bad place - they want to crash the economy and blame Trump so they can get back to globalist ponzi, but if they try to do that Trump will end the Federal Reserve system, and they all know it. Trump has openly said the words "gold standard," and sent his people down to count the gold. He knows exactly what is available.
The Fed has no choice but do Trump's bidding, and wait for the day they can get someone more cooperative in office. Trump knows that too.
The other global central banks are also trapped by Trump's policies. They can still print, but then their currencies lose value and America gets even stronger. Devaluing currency risks Trump's tariff retaliation wrath, and everyone fully believes he will do it. Hell, he even tariffed Canada, his best trading partner, and the one nation with actual balanced trade with the US. Trump's economics, (which are really Reaganomics,) forces nations to act as nations again. They have no other choice. It's do that or go bankrupt.
Nation state economics - you concentrate on your internal economy, and if other nations want access, they have to pay for the privilege. This gives domestic business the trade advantage on the home front, and it is the secret to restoring wealth to the citizens of any nation.
The Swedish economic miracle - an example that the left loves to point to about the proven benefits of the welfare state - included free health care, free day care, guaranteed employment in quality jobs, free education, one of the highest living standards in human history, 75% unionization rate, almost no crime to speak of - almost the highest longevity ever achieved, etc etc.... including very profitable corporations, and a high tech national army, armed with domestically produced high quality weapons - and they did it like this for many decades - but they also did all of this behind a wall of some of the highest tariffs in the world. Sweden got in bed with the globalists, and now Sweden is a shithole country.
The fatal flaw of the globalist plan is a simple one - ponzi economics does not work. It is a Wizard of Oz illusion of economics, and it collapses every time. It's the Potemkin economy - where the news is always good, and people are poorer every year, and ever further in debt. It's fake economics.
18597285? ago
I don't think the President can just dissolve the Fed. Wouldn't it need action from Congress?
18597382? ago
With a stroke of his pen he can dissolve the Fed.
He can use the Marine Corps if there are any questions.