Loading ...Strange Bedfellows
Hey Guys like it or NOT Le Grande Orange just endorsed the Congress Unanimous Bipartisan to create 2.2 Trillion Dollars ….The Treasury created this not the FED.
This is MMT and a lot more to come. A LOT.
So there you go AOC and Trump are both endorsing MMT.
Nice to see the Left and Right come together finally.
🙂
I think there’s no other choice really. Either you save the globe and destroy the USA or vise versa.
It appears Trump wants to milk the reserve status while at the same time create a system where USA will not be at the hands of the FED and IMF when this crisis fully unfolds (they will choke it if they have to choose between “globalization” and the old’ usa).
The only way for the USA to survive the collapse of “globalization” is to separate it’s currency from the world, this means no more FED (at least not in the old sense) and control of its money supply.
But how does the world look after this?
There is a theory of new economic currency blocks with more diversified regional economies.
How is 2.2 trillion of newly printed money going to Americans and American businesses and corporations designed to save the world ?
The Canadian CB and the European Union and everyone who can is doing the same thing.
It’s a global economy whether we like it or not.
If one link in the chain break they all Break
I think you misunderstood me. Trump taking the first steps to take over the FED under the guise of “crisis” is the first step to saving the USA.
God Bless America
🙂
“Congress Unanimous Bipartisan to create 2.2 Trillion Dollars”
Link please?
Just because they WILL SPEND those funds, doesn’t mean they CREATED IT.
Nothing I’ve read before this post, suggests that Congress and Treasury are doing anything different. Please document that claim.
https://fox4kc.com/tracking-coronavirus/trump-signs-2-2-trillion-stimulus-after-swift-bipartisan-congressional-votes/
For me, this multi trillion reaction is 100% about saving the banks (your welcome Mnuchin) – I’ve not heard hardly a peep from the financial news channels that a viable alternative to taking gov’t $ is BANKRUPTCY – jingle mail IS an option. To your point Fully, unless it is part of a hidden plan, I do find trump’s behavior toward encouraging currency bombers to be inconsistent with his idolizing of Pres. Andrew Jackson (I personally believe he does have a plan and I’m waiting for the time during his presidency when he dares utter the word GOLD or maybe he’ll start with a tour of Ft. Knox – I’m considering also the historical events his father experienced – relating to money, currency and worth).
really there’s no longer a need for an income tax in this MMT world
where deficit spending doesn’t matter…
past time to repeal the 16th Amendment