It’s now plain as day: America’s Federal Reserve System isn’t remotely apolitical.
The private central bank actually owns the United States’ currency, determines the level of interest rates across the economy, and both regulates and protects the country’s too-big-to-fail banks from criminal prosecution and insolvency.
It is, in fact, a political machine, capable of undermining any president in office by its capacity to manufacture a recession to effect a coup d’état.
We already know very well how much the Fed can kill the markets, so here’s what the President should do in retaliation…
Opening the Curtains of the Fed Reserve’s Plot
The country owes this now unprecedented daylight into the darkest reaches of the Fed to the former vice-chairman of the Federal Open Market Committee, the Fed’s policy making arm, and former president of the Federal Reserve Bank of New York, the Reserve System’s most powerful bank whose president automatically becomes vice-chairman of the Fed’s governing body, William C. Dudley.
Dudley, a former partner and chief economist of Goldman Sachs (more on them and their connection to the Fed later) and member of the Council on Foreign Relations, the shadowy “think tank” chock full of “illuminati-type” ex-officios that sprang up in 1921 to advise President Woodrow Wilson, the puppet president elected with bankers’ backing in 1913 to sign the Federal Reserve Act into legislation, penned a now infamous Bloomberg op-ed on August 27, 2019 titled, The Fed Shouldn’t Enable Donald Trump.”
The last paragraph of Dudley’s attack states, “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.”
That’s a Federal Reserve mouthpiece calling for a coup d’état on behalf of the institution that’s capable of executing such an act.
Dudley’s mistake was in believing that his hate of the President would be echoed by all the other Trump haters who would rally around the prospect of a recession if it meant killing the President of the United States’ chances of reelection.
Of course, the Federal Reserve PR machine countered that Dudley wasn’t speaking on their behalf, which doesn’t matter, because that’s just like closing the barn door after the horse has bolted.
Now the world, but more importantly Americans know, what power the Fed wields and what it’s capable of.
As just one piece of a treasure trove of facts about Fed corruption and cronyism the world’s forgotten about or blind to, consider this: During the Financial Crisis, at its most insane moment, when the financial systems of the United States were on the brink of actual Armageddon, the Chairman of the Federal Reserve Bank of New York, Stephen Friedman, a former partner, co-chief operating officer and co-chairman at Goldman Sachs, who was still on Goldman’s board of directors and a significant stakeholder in the megabank, which by its own hand was technically insolvent at that moment, oversaw Goldman’s bailout from his position at the New York Fed, asked and got from the Fed’s Board, a waiver to buy more Goldman stock just as its price bottomed and Federal Reserve, Goldman’s regulator, stepped in to make all the banks, including Goldman, whole on their misguided bets on housing and related assets.
In his role as New York Fed board chair, Friedman then got to pick its next president. He anointed Bill Dudley.
Former chairman of the Fed’s Board of Governors, Ben Bernanke, emphasized at a ceremony in 2013 commemorating the Fed’s first centennial, the Federal Reserve’s power derives from and depends upon the support of elected officials precisely because the Fed is a product of and operates within the political system.
The truth is the Fed not only operates within the system, it shapes the system.
And now the world knows the truth.
It’s time the President of the United States calls on the public to demand Congress ends the Fed’s central planning of the United States’ free market economy and its ability to effect a coup d’état.
It’s time to kill the Federal Reserve System once and for all.
But since that’s not likely to happen, at least there should be a way to profit from the Fed’s manipulations. Fortunately, there is.
After 37 years in the markets, there’s nothing that excites me as much as cold, hard cash, especially when it comes to helping every day investors tap into piles of money usually reserved to super-rich tycoons.
What I’m talking about comes from this book of Crazy Big Income.
Its pages hold the 61 secrets for doubling, tripling, or even quadrupling your income.
They’re the kind of untold trade secrets that most advisors won’t ever share, because they’d rather give preferential access to the fat cats who seem to play by an entirely different set of rules.
No more! Click here to continue.
I’ll follow up with you more next week.