[–] 20265361? 1 point -1 points 0 points (+0|-1) ago
Strongest Dollar in History
Sorry Mr. President but the dollar is worth basically nothing now. The only thing propping it up is the petrol dollar. The dollar's value was stolen by the Fed over the last 106 years using inflation as a hidden tax. The "strongest dollar in history" probably would have existed some time in the early 1900s.
[–] 20266735? 0 points 1 point 1 point (+1|-0) ago
It's the only logical course of action. Tell the fed to go pound sand, while simultaneously releasing a new, parallel currency, issued directly by the US government, and backed by some material resource, or perhaps an exotic, new type of government issued crypto currency.
You like your federal reserve fiat dollars, you can keep your federal reserve fiat dollars. But it's going to have to compete against a real, government issued currency.
[–] 20265549? 0 points 14 points 14 points (+14|-0) ago
The Fed jacked rates up too far too fast. Look at a graph of interest rates and the political bias becomes obvious. They kept rates at 0 for years to prop up 0bama and his failed policies, but as soon as Trump got in they went hog wild.
A correction was necessary, but it needed to be slow and gradual. They tipped their hand and now a lot of people see them for who they are.
[–] [deleted] ago
Recession is triggered by inflation
Which is triggered by the economy
Not exactly. Inflation is triggered by printing excessive amounts of paper money, and adjusting interest rates, which are both triggered by the bankers who want to manipulate economies, and leverage federal policy making decisions.
[–] 20265055? 0 points 1 point 1 point (+1|-0) ago
https://archive.ph/RVH35 :
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