Goldtent TA Paradise

Rate Cuts

1. pedro_deleon says:

   December 1, 2025 - 11:37 am at 11:37 am

   “Powell leaving in 3 weeks”

   mid May.

   • Kewl2 says:

     December 1, 2025 - 12:58 pm at 12:58 pm

     I was surprised by the 3 week comment – however – I also recall hearing last week (sometime) that Trump said that he intends to name the incoming Fed chair by Christmas. This might cause timing confusion as he tries to challenge Powell’s power over his remaining +4 month term.

     Also, as I understand it, the Bank of International Settlements (representing all the world’s Central Banks) must agree to whomever is to be named in advance.

     The Federal Reserve is a PRIVATE banking corporation that was given the right to control the US money supply wayyyyyyy back in early 1900’s. It is owned by the BIS, various elite families and selected Central banks around the world.

     The President does NOT have the legal right to intervene in it’s activities or personnel and cannot fire the Chairman of the Fed (or other employees) without “cause”.

     Cause cannot be defined as a disagreement in policy — only something illegal (as per the indictment of Federal Reserve Board Governor Lisa Cook) and note that this has been going on since September 2025 and she is still in place.

     The Central Bank system has caused many (if not most) of the US financial problems. The US Treasury could easily be lending money to the US Government at zero interest rates, thus eliminating the massive debt bubble that has been created by the Federal Reserve process. Of course, it’s more complex than this but there was and is no valid reason for US (or any other country finances) to be outsourced – provided proper internal controls are in place to ensure separation of duties, etc.