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Brad D.'s avatar

What makes you think someone is going to openly accuse them EVEN if they know the Fed is the cause? To notify them you are an enemy?

Seriously, if you were going to end the Fed and were running for President, do you think you would have a chance spewing that rhetoric? It would put a target on your back and incentivize the money printers to support your opponent.

And, no, I don't think anyone is going to destroy the Fed & no I am not going to vote. So, don't go down that road.

But, if they were, the kind of strategy and proclamations you expect are stupid as it would ensure your loss. Like the biggest DUH ever. WTF?

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Big Moe's avatar

Why would Musk and Trump bite the hands that feed them.

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Magnus Ericsson's avatar

Exactly. Agree! "They" have always played us and tricked us with their left wing/ right wing politricks. Our new so called right wing is officially "anti-woke", anti-globalism", "anti migration" "anti mandates" and trying to convince people that they gonna save humanity, fight the "left(woke)" and make the world great again. But this is just a deception - it has always been a deception, they just adjust the "opposition" to what people want so we think someone will take care of it. Don't think anyone will save you, they will laugh "all the way to the bank" when they bankrupt you and our society!

Don't get caught up in their emotional games and dualistic thinking of good/bad, right/left.

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Pork_Roll_13W2W's avatar

The YouTuber "The Uneducated Economist" has talked about The Cantillon Effect IN DEPTH through several videos during the PLAN-Demic and subsequent "stimulus" issuances...

No way Trump or Elon would talk about the Fed... they benefit too greatly.

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MoodyP's avatar

Why do you give Congress a pass? In reality, they can reign in the FED anytime they want. They have chosen to ignore that reality for 110 years.

Public Law 95-523 Oct 27, 1978

Set the FEDS target rate for inflation at zero percent. The FED has not had their target rate at zero percent for one single day since then. You can blame the FED, and of course, they deserve all the blame we can heap on them.

But at the end of the day, the FED is a creation of Congress. And Congress has the ability and the legislative power to reign them in or dissolve them altogether.

They do neither. We all know the reason why. But solely blaming the FED is neither factual or logical.

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Szlachta's avatar

Congress = I like money - Idiocracy

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Jay Blue's avatar

Here's some very interesting hidden history about money and corruption in the US. Ever wonder why Congress people get so rich and why we're stuck with a debt based fiat currency instead of real money?

https://chemtrails.substack.com/p/the-gold-standard-the-biggest-crime?publication_id=1865725&post_id=146987700&isFreemail=true&r=73egf&triedRedirect=true

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el Gallinazo's avatar

Over the last week or so, I have been re-studying David Rogers Webb's The Great Taking. I am now leaning toward the opinion that the Cabal will go this route, which may be described as a deflationary collapse which will flush all ownership rights into the hands of the Cabal through seized collateral. They have spent so much money, political capital, and thought over the past 60 years through the perversion of the uniform commercial code in all 50 states and the EU, to "legalize" felony theft and fraud of the entire financial markets and perhaps extending to other areas of ownership, it is hard for me to see them leaving the plan on the back burner. The "great depression" was also a deflationary collapse, and the Cabal used a similar strategy, blowing up a massive bubble during the “roaring” 1920s and then pulling the rug out of the speculative stocks by getting all the major banks to withdraw credit and raise interest rates. As Greg likes to point out, money velocity now is at a low not seen since before the 1929 collapse. The idea that the Fed will print tens or hundreds of trillions when the collapse of the bond and equities markets occur, which is almost surely to take place during the coming 12 months, and which is assumed to be a given by the contrarian media and even some of the MSM, may turn out to be a giant head fake. But the strategy for us pissants will be the same - PM's.

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Argiem's avatar

You already own nothing.

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el Gallinazo's avatar

At this point anyway, only in regard to financial assets; stocks, bonds, mortgages, etc.

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Argiem's avatar

Tell me that which you think you own and I can show that you do not own it. Even hard assets are bought with a debt instrument.

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el Gallinazo's avatar

Yes, I am aware of DRW's example or perhaps analogy of buying a new car with cash. But the new car dealer had been using all the cars he sold, even with the ones for all cash, as collateral. While this is fraud, under the new normal where fraud is legal, the Cabal can seize your car as if you were the one who used it for collateral, though I suspect a lot of lead would start flying in this case before the car is seized.

How about buying the car with gold. No debt instrument?

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Argiem's avatar

Gold is purchased with a debt instrument. Many places still tax the purchase of gold.

Gold confiscation will be implemented at some point and outlawed as legal tender. Same with anything except the CBDC. Bitcoin will be the new petro dollar. Tokenization is the latest slave trade tool.

Of course, when they come for mine, they better bring theirs.

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Lucky's avatar

Maybe he knows better and doesn’t want to spook them into pulling out all stops to stop him. Art of War. Just a thought.

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Str8_Shot's avatar

Agreed. It's a possibility. Play coy now, unravel later.

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Johnnie Walker's avatar

Nothing more than a puppet show!

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Les Ranger's avatar

Can I get a great big “Duh”?

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ddoyle's avatar

Read "The Art Of War" ........Come on Mannarino wake up!

"All warfare is based on deception. Hence, when we are able to attack, we must seem unable; when using our forces, we must appear inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.”

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A. Webber's avatar

Interview? This exchange had been promoted as a 'Conversation'.

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charles leone's avatar

The Federal Reserve is a Central Bank that throughout its history has been led, by the B.O.E. Bank of England which recently cut interest rates and, since the U.S Federal Reserve has never been independent, is expected to follow.

The markets rebounded since Monday August 5 as a result of pricing in an expected September rate cut. If, for some unpredictable reason, it does not happen which is possible, the effect would be another big shock on the downside until the election.

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Wendell Perry's avatar

At least Musk cited government overspending as a reason for inflation. But that’s only the second step toward inflation. The first step is the Fed providing the money that allows them to overspend. Trump, meanwhile, rattled on about how high oil prices are responsible for inflation. Oil prices are about 10 steps downstream from the central cause of inflation.

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Andrew Vasilakis's avatar

The government debt will destroy the dollar. $35 trillion national debt $170 trillion in unfunded programs. Wars being funded around the world. Don't forget the dying economy.. The middle class and small business are being destroyed. Really bad situation. Gold , silver, and oil, a safe haven

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Andrew kimball's avatar

So I guess Iran is the FF #1 to set things off in the last Q of the year

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