Trump in Portsmouth, New Hampshire on Wednesday night said, “We’re going to place strong restrictions to keep banks from taking away your rights and your country.”

Avatar photo

Contributed by

Contact

Avatar photo

Alexandra Bruce

View all posts

5 comments

Your email address will not be published. Required fields are marked *

  • Who, exactly, is “we”?
    Speaking for myself, and perhaps anyone who happens to agree; A digitalized currency would increase the control of a government over it’s people.
    Gresham’s Law is obsolete in today’s economy. Because, there are no currencies whose value is based on a commodity, i.e. metals.
    Also, Commerce does NOT slow down when a currency has an intrinsic value, historically. Just the opposite, actually. Precious metals stabilize a volatile currency. It is understood the value of one ounce of silver is equal to “x” amount of labor, of goods. That value has always been determined by the free market. When the perceived value of a currency and the cost to borrow it is determined by an issuer, like the Federal Reserve, there is no longer a stable economy.
    The US dollar has lost 90% of it’s purchase power since 1913 because of inflation. Not so coincidentally, is was the founding of the Federal Reserve. Whose initial mandate was to enhance the stability of the American banking system. So as to head off inflation, depression as well the booms and busts in the financial markets. Their record on this was so bad that in 1977, Congress created the Reform Act to give the Fed a specific “dual mandate”. To keep inflation low (price stability) and keep national employment high. They had only two major jobs to accomplish. And, failed at both!

    Talk about BAD MONEY! Ha.
    This is how those VERY rich get richer –
    How does the Federal Reserve operate? First, they are NOT the US Treasury. They are a privately owned financial enterprise. Under Congressional contract, they provide the US Treasury with the officially recognized currency for the United States. The Federal Reserve Note. Which the US Gov pays them to create, manage, circulate and dispose of. That cost is inherent to each dollar created. And, is assessed annually for each dollar in circulation.
    In today’s currency – IT IS DIGITAL! It’s all on computerized ledgers, worldwide. So, there is much less costs for printing, yet they STILL get paid to add dollars to the economy.
    THAT’S WHY they will ALWAYS keep getting richer. The US Dollar is a debt instrument. Meaning, it’s very creation incurs a debt to the Fed. And, why there cannot EVER be a “balanced budget”. There will always be a “national debt” if we keep the Fed.

  • without even listening to this, swamp is still HERE AND THRIVING, not even starting about WARP SPEED, ISRAEL, etc., etc. Every single dead soldier AFTER THE COVID injection can thank Mr. Biden AND You Mr. Trump. WHat about everyone else, the children, the young generation??? ARe you so limited that you do not know the basics about RNA???

  • Ha, what’s that saying about election promises? Wasn’t it something about the road apple cart handing out those promises after the politician is elected. In reality ‘Drumpfs’ presidency helped lay all the financial ground work for what has happened over the last three years including operation warp speed. I wish we could see through the illusion of government that we manifest through belief.

 

Most Viewed Posts

Categories