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The Fed’s Plotting to Take Down Donald Trump. Here’s When.

9 | By Shah Gilani

If you don’t believe what I’ve been screaming for years that the Federal Reserve System is the greatest criminal conspiracy in American history and that they, as a private enterprise, run the country, you’re about to see the truth for yourself.

In a Bloomberg op-ed piece on August 27, 2019, William Dudley, the former vice-chairman of the Federal Open Market Committee and former president of the Federal Reserve Bank of New York, who stepped down from the Fed last year and attended last week’s Jackson Hole central bankers confab, threatened the President of the United States by advocating that the Fed not accommodate the President’s trade war with China and essentially raise rates if they have to in order to drive the country into recession so Donald Trump doesn’t get reelected.

My last two articles here have been about attempts to manufacture a recession to undermine Donald Trump’s reelection chances and what those efforts could mean for the stock market.

Sure, some of you thought I had lost it. But, Bill Dudley’s call to arms is proof positive that I am 100% right, about attempts to manufacture a recession and that the Fed is too powerful, too political, and a rogue state within the state that needs to be legislated out of existence.

It’s about time we get to the bottom of this…

Break Down of Dudley’s Argument One Falsehood at a Time

Here are direct excerpts from Dudley’s op-ed manifesto titled “The Fed Shouldn’t Enable Donald Trump” and my comments on his assertions.

  • “U.S. President Donald Trump’s trade war with China keeps undermining the confidence of businesses and consumers, worsening the economic outlook.” Dudley

Truly there is no proof the trade war is undermining the confidence of businesses and consumers, especially given the recent pick up in business investment and especially strong consumer spending.

  • “This manufactured disaster-in-the-making presents the Federal Reserve with a dilemma: Should it mitigate the damage by providing offsetting stimulus, or refuse to play along?” Dudley

How is the trade war a manufactured disaster?

What happened to protecting American companies, technology, trade secrets, fighting state-sponsored cyber criminality, etc. President Trump is defending the U.S., he is counterpunching what China manufactured, the second biggest economy in the world, built on theft.

  • “They (the Fed) place little weight on how their actions will affect decisions in other areas, such as government spending or trade policy. The Fed, for example, wouldn’t hold back on interest-rate cuts to compel Congress to provide fiscal stimulus instead. Staying above the political fray helps the central bank maintain its independence.” Dudley

Nothing could be more disingenuous or a bigger lie.

Government spending is lately 100% facilitated by the Fed, since politicians don’t want to raise taxes.

That’s how the Fed is allowed to remain independent, they provide stimulus, giving cover to governments who don’t have to exercise fiscal anything.

Serving politicians need to not raise taxes and keep spending to get votes is exactly how the Fed keeps its independence.

Where did the $4.5 trillion parked on their fake balance sheet come from?

It’s from government debt politicians didn’t want to impact markets with or offset with taxes.

  • “But what if the Fed’s accommodation encourages the president to escalate the trade war further, increasing the risk of a recession? The central bank’s efforts to cushion the blow might not be merely ineffectual. They might actually make things worse.” Dudley

This is telling it like it is.

Dudley’s saying more easy money, free money, provided by the Fed, as it has been since 2008, may in the long run be ineffectual.

Or worse, make things worse.

[URGENT] Millions could be caught flat-footed (but you don’t have to)

How about asking Dudley to explain that aspect of monetary policy he’s been overseeing since 2009?

  • “Yet the Fed could go much further. Officials could state explicitly that the central bank won’t bail out an administration that keeps making bad choices on trade policy, making it abundantly clear that Trump will own the consequences of his actions.” Dudley

So, the Fed is supposed to make choices on trade policy? Who says the administration is making bad choices, Dudley? The Fed? Based on what?

  • “Such a harder line could benefit the Fed and the economy in three ways. First, it would discourage further escalation of the trade war, by increasing the costs to the Trump administration. Second, it would reassert the Fed’s independence by distancing it from the administration’s policies. Third, it would conserve much-needed ammunition, allowing the Fed to avoid further interest-rate cuts at a time when rates are already very low by historical standards.” Dudley

The real truth comes out here.

It’s about the Fed’s independence to run the country, that’s a private central bank with the power to control government and the economy, that’s what Dudley’s advocating protecting.

About that ammunition, the Fed should have let rates rise on their own accord according to free market pricing of risk and return prospects years ago.

  • “There’s even an argument that the election itself falls within the Fed’s purview. After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives. If the goal of monetary policy is to achieve the best long-term economic outcome, then Fed officials should consider how their decisions will affect the political outcome in 2020.” Dudley

Dudley makes a perfect case here for revoking the legislation that created the Fed in 1913.

The tail is wagging the dog and doing so publicly.

Dudley is saying the Fed can and should affect the election since he claims it is within their “purview.”

This is a fed mouthpiece warning it’s capable of a coup d’état.

It’s time to end the Fed, NOW!

Sincerely,

Shah

9 Responses to The Fed’s Plotting to Take Down Donald Trump. Here’s When.

  1. Andre says:

    You are incredible Shah.If you need help getting rid of the Fed, then I’m all in.They’ve shredded up the US Constitution and the Bill Of Rights.The 2nd ammendment could get them to run for the hills.Diplomacy doesn’t work with them anymore.We are going to have to physically smoke them out of their holes!

  2. Bob in Canada says:

    The rot is too deep to get rid of. Revoke the Fed then other gov’t agencies will just increase efforts to achieve their goal of putting leftists in power.

    Similar thing happened in Canada in 2015 and is happening in other countries too, it’s just not as well known as what’s happening in the USA.

  3. Dennis McBride says:

    Shah,
    Thank you for your passionate concern for what’s right. These arrogant SOBs blatantly thumb their noses at the American legal system and our very system of government itself. They would happily break every federal law on the books to counter the will of the people. In abandoning the U.S. Constitution, the anarchy they seem hell-bent on unleashing will not end well for them either.

  4. Kevin Beck says:

    I agree wholly, Shah.

    The last comment by dum-dum-Dudley exposes the fraud of his original statement (that the Fed should remain independent). He says they should remain independent by choosing to make a political statement and cross up President Trump!

    Incidentally, there is nothing in the Fed’s dual mandate about trying to affect trade policy, which is in the domain of Congress and the President.

    This entire rant by Dudley gives credence to ending the Fed, and also to ending the exemption from penalty for government malfeasance. If those sociopaths had to be personally responsible for their misdeeds, they’d be writing checks their bodies couldn’t cash.

  5. Eddie says:

    The Fed should be relieved of duty permanently, and have charges of treason and espionage brought up on them useless socialist bastards… This country would do so much better if our own greedy Federal Government wasn’t trying to ruin us… Don’t them idiots realize if the EVIL clutches of socialist new world order demons take over, they will be slaves too… Trump is the best thing to happen to this Country… They can put that in their pipe n smoke it. I hope they choke on it too… Thanks for the update… God Bless

  6. Gargan says:

    Dear Mr. Gilani,

    Your article (as always!) is excellent. I believe that we are now at, or very near, a point where the President and his allies can accelerate their efforts to take meaningful, incremental steps to end the counter-productive effects of the Fed’s operations. As Henry Ford famously said (I believe, during the 1930s): “If the American people ever found out how their money is actually managed, there would be a revolution the next morning!”

  7. Gargan says:

    Dudley: “There’s even an argument that the election itself falls within the Fed’s purview.”
    Hmmm, “PURVIEW”. It’s very interesting how a word that was very rarely used until Mueller’s testimony, now appears prominently in yet ANOTHER major public statement designed to help bring down the President. Gee, if one didn’t know better, one might think that all these supposedly “independent thinkers” were all getting their talking points from the SAME ventriloquist!

  8. James Welge says:

    Shah
    If one completely ignored Dudley’s comments about Fed Accomodation in relation to Trump’s Trade War, there are perfectly sound arguments for no more, or extremely limited ( 1/4 point and thats it) reductions in the Fed Funds rate.
    The Fed has burned all of its powder for use when there is a recession, and there will be one, probably beginning in the the next 8 months. The Fed has only 2 .25% to play with before we are at 0% Interest Rates. Below this we are into the Negative Interest Rate foolishness which the Europeans had played with, very innefectively I might add. Should We Jump all jump off the top of a building just because others fools are jumping off the top of the building??? Thats what were talking about with Negative Interest Rates!!!!!!!!!!!!!!!! In the last bust, in 2008 we has 6% to play with, and we have foolishly kept rates down, with the minor exception of in 10/17 of trying to Normalize the Feds Balance Sheet and not engage in Open Market Operations, and only have 2 and 1/4 % in interest rates to drop!!!!!!!!!!!!!

    Further, If you legislate the Fed out of exisitence, eliminating the 1913 Act forming the Fed, exactly who will perform the function of Lender of Last Resort to the member banks which are members of the Federal Reserve Banking System, if there is a real Credit Crunch, and banks have runs and are short of Cash to operate and just have some Federal T-Bill Assets to sell for Cash, and a lot of Loans on their books???? If the Fed is eliminated, we don’t have a JP Morgan, a live breathing banker as their was prior to 1913 and during the 1907 and 1893 Financial Panics, who will step forward and lend Cash and Reserve Short Banks money to pay their depositors!!!!!!!!!!!! It would be highly instructive for folks to watch “Its a Wonderfull Life” with Jimmy Stuart at the end of the day of a bank run in 1930, counting the Dollar Bills left after the bank closed after the end of the day of a Bank Run, saying “Well hers moma dollar and heres popa dollar and lets hope they have a lot of children”. Thats the situation were in when there is not an active Fed which can perform the essential “Lender of Last Resort” Function the Fed is chartered to perform!!!!!!!!!!!!!!!!!!!!

  9. Mary Jane says:

    You have some strong insights. But end the Fed now? That’s just Dudley’s opinion.
    How about electing a president who is better versed in anything beyond “let’s make a deal” economics?

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