Trump Will – and Should – Take Control of the Fed
For the entire 8 years of the Obama tyranny the fed never raised interest rates from 0%. Not once. They also dumped trillions of taxpayer dollars onto the stock market during the scam known as Quantitative Easing,or QE I,II and III. That was to cover the losses of big banks from bad loans and to make sure the market didn’t tank under the reign of a fraud who didn’t know thing one about economics.
Since Trump was elected they’ve raised rates every quarter, in a blatant attempt to put a damper on the roaring economic engine a real businessman has stimulated through tax cuts and the easing of the regulatory burden that retarded economic growth.
The Federal Reserve is no doubt a very valuable institution. But there are seven Articles and 27 Amendments to the Constitution. Not one of them mentions anything about an unelected body called the Federal Reserve.
IF YOU’RE NOT FAMILIAR WITH FRIEDMAN, YOU’LL LIKE THIS. THE MAN WAS FASCINATING.