PDA

View Full Version : What TRUMP PLANS to do to 'FEDERAL RESERVE' will STRENGTHEN US Economy!



Ares
29th November 2016, 08:48 AM
https://www.youtube.com/watch?v=kU9fL1mBh-g&feature=youtu.be

Link to video: https://www.youtube.com/watch?v=kU9fL1mBh-g&feature=youtu.be

Neuro
29th November 2016, 09:27 AM
I've heard Fort Knox is vacated, so if Trump wants an office where he is somewhat safe. He should consider it. In fact he shouldn't leave it, like ever...

Ares
29th November 2016, 10:22 AM
I've heard Fort Knox is vacated, so if Trump wants an office where he is somewhat safe. He should consider it. In fact he shouldn't leave it, like ever...

If he does pursue that avenue, most definitely.

Cebu_4_2
29th November 2016, 11:04 AM
Donald Trump Has Big Plans For the Federal Reserve!

By Alexander Warren (http://www.usapoliticstoday.com/author/alex-wade/) -
November 28, 2016
33

http://www.usapoliticstoday.com/wp-content/uploads/2016/11/John_A._Allison_IV_of_the_Cato_Institute-696x464.jpg (http://www.usapoliticstoday.com/wp-content/uploads/2016/11/John_A._Allison_IV_of_the_Cato_Institute.jpg)

Donald Trump hasn’t taken a day off since he won the election and today isn’t different.
Not only did Donald Trump respond immediately to the Ohio State University attack, but he also made a big move towards reforming the Federal Reserve today.

According to Business Insider:

On Monday, Trump will meet with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute.

There have been reports (http://www.wsj.com/articles/donald-trump-to-meet-monday-with-potential-picks-for-top-financial-policy-jobs-1480109063) that Allison is being considered for Treasury secretary (http://www.bloomberg.com/politics/articles/2016-11-23/ex-bb-t-ceo-allison-said-to-be-in-running-for-top-treasury-job).

While running the the Cato Institute, Allison wrote a paper in support of abolishing the Fed.

“I would get rid of the Federal Reserve because the volatility in the economy is primarily caused by the Fed,” Allison wrote in 2014 for the Cato Journal (https://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2014/5/cato-journal-v34n2-9.pdf), a publication of the institute.

Allison said that simply allowing the market to regulate itself would be preferable to the Fed harming the stability of the financial system.

“When the Fed is radically changing the money supply, distorting interest rates, and over-regulating the financial sector, it makes rational economic calculation difficult,” Allison wrote (https://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2014/5/cato-journal-v34n2-9.pdf). “Markets do form bubbles, but the Fed makes them worse.”


Allison is right that the Federal Reserve’s ability to fluctuate the amount of cash flow at their discretion is a scary thought. This is a huge risk of causing inflation and throwing our economy into a downward spiral.

Whether Allison is tapped by Donald Trump to be Treasure Secretary, or not, Trump’s meeting with Allison shows that the Federal Reserve is in for a reform the make it better and not able to hurt our country.

Donald Trump complained about the Federal Reserve throughout his entire campaign and now he is following through on his word.
Share this everywhere to show the Donald Trump is about to turn this country around.

H/T Business Insider (http://www.businessinsider.com/trump-meeting-john-allison-bank-ceo-abolish-the-fed-gold-standard-2016-11) Title Image from Wikipedia

Tumbleweed
29th November 2016, 11:08 AM
There are a lot of good comments that follow that video on youtube.