rooshvforum.network is a fully functional forum: you can search, register, post new threads etc...
Old accounts are inaccessible: register a new one, or recover it when possible. x


Trump on the FED
#26

Trump on the FED

Rand Paul and Ron Paul are right that Trump is an authoritarian.

As with all things in life, you must ask yourself, what would Don Corleone do.






You're not a war time president Rand.

In better times, in 8 years of Trumpening, Rand can take his place hopefully.
Reply
#27

Trump on the FED

Samseau is right about the world being dragged around by the Fed over the last number of years. When the Fed lowered rates to 0 and printed a ton of money buying bonds, it not only starved average people of income on their savings, it created a situation in which foreign investments became extremely attractive due to much higher rates elsewhere. So those with access were able to borrow dollars for basically nothing and speculate/invest abroad, mostly in the emerging world and China, getting a much higher return, with basically no risk, at least in the short term.

Once the dollars stopped flowing from the Fed, relatively speaking, the impetus to buying EM investments dried up. All the companies/governments where those dollars ended up are now in the situation where they have promised to pay back dollars at a high interest rate, yet are dealing in weaker local currencies. This is the basic anatomy behind the crisis in China, and why the dollar has risen, as there is currently a scramble for dollars to service debts taken on in recent years.

None of this could have happened if the Fed hadn't flooded the globe with dollars in the first place. The problem is that in their twisted thinking, they'll see the current slowdown as a matter of a lack of money, rather than prior money explosions pushing prices far beyond what the respective economies could support.

So they're going to print even more money, and they'll keep going until there is hyperinflation. This is because the dominant economic dogma is that the price level can never, ever fall, for any reason. And the economic fundamentals suggests that prices will fall if the economy is left to its own devices.

In other words the Fed has two choices, defend asset prices, or defend the value of the dollar. They can't do both at the same time. Right now they're defending the dollar, and have been for at least 18 months, during which asset prices have suffered. I don't know where their Uncle point is, but at some point they will have to step in to 'save' asset prices which means trashing the dollar again.

I've mentioned before that the profligacy of economic marxism is what funds the cultural marxism, and that funding starts with the Fed. Their ability to print money arbitrarily in unlimited amounts creates the illusion that there are unlimited resources. This in turn undermines the need for real savings, investment, long term planning. It promotes conspicuous consumption and the accumulation of debt. This all enables the replacement of men in favor of the government, destruction of families, and all the cultural decay that follows. It is no surprise that the cultural marxist revolution really took hold in the 1960s, the same time when the Federal Reserve and the other major central banks really started to dismantle the gold standard, finally getting rid of it officially in 1971.

This issue, more than any other is a quick fix if there ever is one. Trump clearly knows the score here, but the question is how much can he do? As I've said before, the entire economic establishment worships the Fed and thinks they can do no wrong, regardless of the political bent of the economist in question. If he goes out and picks a Volcker-esque Fed chair he'll never get confirmed. Having said that, at the rate Trump has gone in moving the Overton Window, we'll be back on the gold standard by his second term.
Reply
#28

Trump on the FED

The Fed like Fedex is privately owned by major money center banks controlled by Globalists, since it was formed in secret the Rothschilds (Bankers to the British Crown and Empire), JP Morgan their agent and the Rockefellers their agents GLOBALISTS all by definition have used the USA and its citizens as financial colonial economic serfs to support a Globalist military adventurism and massive Fed open window to fund the UK empire and the EU while citizens of the Crown and much of the EU enjoy cradle to grave healthcare and education even though their militant Marxist militant Feminist militant LGBTQ supporting SJWs hate America and hate white Europeans and are commiting ethonocentric suicide with millions of ISIS Radical Islamic terrorist sympathizers flooding in across the EU and UK.

Trump and Ran and Ron Paul are a small handful of those willing to fight against the Fed's Pro Globalists anti American Nationalists agenda.
Reply
#29

Trump on the FED

Eye opening video... 2016 Chaos featuring DJT warning ...

http://thefinalbubble.com/nht_v11/front-...trustcause
Reply
#30

Trump on the FED

Here's Carl Icahn talking about the upcoming collapse, and how the FED has fucked people over for far too long.




Reply
#31

Trump on the FED

I figured Rand was a sell-out the moment he endorsed Romney in 2012 whilst his father was still running. Remember all the hype of a possible victory because of Ron's delegates? Whatever hype was there was gone when Ron's own son endorsed an establishment figure before the convention played out. To then put any faith in that person for any radical reform in the US was doomed to lead to what we see now. Albeit I'm Australian so just an outsider, but that was the way I saw it. I also donated to Ron, man stuck to his principles and still never even endorsed Romney till the end, a true man of his word.

As someone else mentioned, Trump is a wild card. Nevertheless, out of everyone, I hope he's the one to get elected. But will he implement the radical changes needed to save this world? And even if he did, would the left accept it? I highly doubt it would all coincide so perfectly like that. But that form of radical reversion to traditional values is what needs to happen to save our western culture from its current dilution thanks to the establishment self-destruction agenda, feminism and political correctness. Nevertheless I do support him on the off-chance a miracle happens.

Regarding the US dollar and its real value. What are peoples thoughts on the fact that gold and precious metal mining has risen exponentially to coincide with the huge inflation of fiat currency? Could it be that the reason the US dollar, and indeed all other currencies which are pegged to it, are so strong against precious metals is simply because we are gutting the earth to such an extent that there's a greater influx of gold in the past decades more than ever? Also cheap labour overseas which is a recent thing with China's rise to power coinciding with commodity prices still remaining relatively low. Is the cheap labour and heavy amounts of precious metal mining keeping the illusion going that the US dollar is actually still strong?
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)