Tag: The Fed

Extrapolating Trump's Economic Policy
(one possible future)

The past, present, and future is all connected. Changes in one effect the other in both directions. I've always enjoyed looking at current news and trying to envision where current circumstances could lead and I read an article today that was perfect for doing that.

The article appeared in Infowars.com and was entitled:

What Will Trump Do About the Central-Bank Cartel?

There were several parts of it that were interesting but my particular focus was on a hypothetical outcome relevant to the future of cryptocurrency. Let me try to reconstruct the path here:

Firstly it points out (in the subheader): 

Trump could end global banking tyranny.

We'd like that, wouldn't we? 'We' all know that that banking cartel is rotten to the core.

Then it correctly points out that:

The world is effectively on a US-dollar-standard, and the US Federal Reserve (Fed) has risen to the unofficial status of the world’s central bank.

We will probably admit that's a shaky statement right now but basically it's still true.

Then it points out something many of us, including me, have probably never spent much time considering:

The Fed’s policy not only determines credit and liquidity conditions in the US, but does so in many financial markets around the world as well.

Then it talks about a cute little new trick the central-bank mobsters have been doing to prop up their international servitude aparatus. It's called "liquidity swap agreements":

The financial and economic crisis 2008/2009 has increased further the dependency of the world’s financial system on the US dollar. As early as December 2008, the Fed provided so called “liquidity swap agreements.” Under the latter the Fed is prepared to lend newly created US dollars to other central banks around the globe.

Cute, right?

Then it points out where all this is irresistibly headed:

The close cooperation and coordination among central banks under the Fed’s tutelage amounts to an international cartelization of central banking — paving the way toward a single world monetary policy run by a yet to be determined single world central bank. Such a development is, or course, in the very interest of those in favor of establishing a single world government.

But the article then points out that Trump doesn't seem to be the kind of guy who would want to see this happen:

How will President Donald J. Trump and his administration deal with the cartelization in central banking? Mr. Trump doesn’t seem to be an “internationalist,” seeking to build a new world order by political and military means. If that is so, he will sooner or later have to come to grips with the Fed’s policies — most notably with its liquidity swap agreements.

But Trump is supposed to be the master of, "The Art of The Deal", so what could he do?

Enter the thoughts of a profound economic thinker:

Of course, change for the better doesn’t come from politics. It comes from better ideas. For it is ideas that determine human action. Whatever these ideas are and wherever they come from: They make humans act. For this reason the great Austrian economist Ludwig von Mises (1881 – 1973) advocates the idea of the “sound money principle” –

And this is where we arrive at an excellent opportunity for Trump to promote 'sound money' in the form of a virtual currency. His challenge will be to make the deal a win-win for all concerned…. 'old school' and 'new school'.

Can he do it?

I don't know. It depends on a lot of things happening between now and then.

But I do there is any way the monetary policies of today's banking establishment can continue to hold society together. Nor do I see any solution other than a 'new system' of some sort. 

It could be cryptocurrency and/or 'the Mark of The Beast"?

Either way….I think we're headed for a New Deal. 

 

 

Art Williams 
Freelance Copywriter
email here

David https://markethive.com/david-ogden