Trump’s been setting-up the Fed to take the blame for the collapse. Now Trump is being set-up by ex-Fed Presidents to take the blame…
I’ve been writing about President Trump being the Deep State Globalists’ Fall Guy for some time.
Only, I take a different approach because I think the President is in on the plan.
No need to go down that road today, and don’t worry, I won’t.
Regardless, we now have a Deep State Globalist saying the Fed shouldn’t “enable” President Trump.
Ex-Fed President (New York) Bill Dudley has written an op-ed in Bloomberg which lays out a Fall Guy case:
According to Dudley, the disaster in the making is because of Trump.
From the op-ed:
U.S. President Donald Trump’s trade war with China keeps undermining the confidence of businesses and consumers, worsening the economic outlook. This manufactured disaster-in-the-making presents the Federal Reserve with a dilemma: Should it mitigate the damage by providing offsetting stimulus, or refuse to play along?
If the ultimate goal is a healthy economy, the Fed should seriously consider the latter approach.
Dudley doesn’t stop there.
He further states that the Fed should make it known that the Central Bank will not bail-out the consequences of Trump’s bad choices on his trade policy:
Yet the Fed could go much further. Officials could state explicitly that the central bank won’t bail out an administration that keeps making bad choices on trade policy, making it abundantly clear that Trump will own the consequences of his actions.
Where does all of this “Fed saving the economy by going against Trump” lead?
In part, to the 2020 election.
As Dudley concludes (bold added for emphasis):
There’s even an argument that the election itself falls within the Fed’s purview. After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives. If the goal of monetary policy is to achieve the best long-term economic outcome, then Fed officials should consider how their decisions will affect the political outcome in 2020.
In other words, given the 2 mandates, that is, stable prices and full employment, given the “objective” to murder the US dollar at a rate (symmetrical) of 2.0% per year, and given the unofficial mandate to suppress the VIX, buy S&P futures & naked short the snot out of gold & silver, we now have a second unofficial mandate, a “purview”, in Dudley’s words, and that is to rig Presidential Elections.
No matter what you think about all of this, the underlying message seems pretty clear to me.
It’s something I’ve been saying all along about bringing “max pain” to the US economy.
It comes in the form of economic misery and financial ruin for most all Americans.
It will be timed to the 2020 presidential election, which I think Trump loses.
That is, if there is no more wealth that can be extracted from America.
At which time, we get something far worse than Hillary Clinton.
The Deep State Globalists’ work will then be done here.
They will walk along their secluded island beaches.
While failing America destroys itself from within.
This is economic collapse, it is not normal.
It’ll be very different than a “recession”.
‘Cause there ain’t no dang recovery!
There is only the deadly collapse.
From which we can’t get up.
It will be that severe, yes.
To them it has to be.
It’s the only way.
The Fall Guy.
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.