The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage...
Fed-bashing has become politically popular. Kind of like criticizing the IRS.
Why President Trump has the Fed on the ropes
Karen Shaw Petrou
4 comments:
I love always being right. I've been saying for years that the purpose of central banking is to transfer wealth to the wealthy and to fund wars, which BTW, also transfers wealth to the wealthy. Good thing we don't have constitutional money of gold and silver, right?
Bob just don’t eat that silver!!!! You’ll turn blue like a Smurf!!
Of course, we all know how nutritious and delicious fiat money is once it has been entered into computer storage. Especially with guacamole and salsa.
Good thing we don't have constitutional money of gold and silver, right? Bob Roddis
Here is all the Constitution says about the money power of the government. From Article I, Section 8, there is “Congress shall have Power…to coin Money, regulate the Value thereof, and of foreign Coin.” And from Section 10, “no state…shall make any Thing but gold and silver Coin a Tender in Payment of Debts.” from https://www.forbes.com/.../the-few-words-on-money-in-the-constitution-say-... [bold added]
Moreover, needlessly expensive fiat is, on its face, a looting scheme similar to $700 government hammers and gold toilets for government officials.
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