Greg Hunter – Money manager Peter Schiff says the Federal Reserve has already started a new money printing program that continues to expand the debt bubble and keep global markets propped up.
This started abruptly last month in what is called the “repo market,” where the Fed provides liquidity for traders of short-term money or overnight funding. Schiff says, “When the Fed was doing QE3, they were buying $85 billion worth of debt per month. They (Fed) just did $176 billion in three weeks, and they say they are not doing QE. So, the Fed is monetizing more debt not doing QE than when they were doing QE, which means they are doing it and they are going to have to do more of it.
The reason they are doing it is because the markets are finally trying to move interest rates higher because the Fed has been suppressing them. They are artificially low, and these artificially low interest rates have done tremendous damage to the economy over the years.
Continue reading “Global Debt Bubble a Gigantic Time Bomb [Video]”
Ron Paul – The US Constitution never granted the federal government authority to create a central bank.
The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning of America’s founding, the desire for a crony central bank was strong.
In fact, two attempts were made at creating a permanent central bank in America prior to the creation of the Fed. Fortunately, the charter for The First Bank was allowed to expire in 1811, and President Andrew Jackson closed down the Second Bank in 1833.
Continue reading “Federal Reserve Needs to be Audited and Then Ended as Soon as Possible”
Greg Hunter – The Federal Reserve made it clear it was working against President Trump for the 2020 election. Former NY Fed Chief Bill Dudley wrote an Op-Ed recently that said President Trump was “making bad choices” in his trade negotiations with China. He also said, “There’s even an argument that the election (2020) falls within the Fed’s purview.”
The Fed is clearly saying it could tank the economy to keep Trump from getting a second term.
Federal Reserve watcher Wayne Jett wrote about the Fed, “The Fruits of Graft,” and says this is why Trump and the Fed are doing combat right. Why is the Fed doing this now? Jett contends, “They have a President that is coming after them and is in their wheelhouse in terms of what their role is.
He is basically giving them warning shots across the bow that says if you come after me during my re-election, I am coming after you. I think this is great.
Continue reading “Fed Admits Working Against President Trump [Video]”
Greg Hunter – Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says what is going on in the economy is going to come to an end after the Presidential Election no matter who is in the White House.
Fitts explains, “I think we have to face it. We are in trouble now. Is it going to get a lot worse after the 2020 election? Absolutely. When Trump came in, he may not have realized how bad it was. What he’s tried to do is grow out of this.
Continue reading “Radical Economic Reengineering After 2020 Election (#1) [Video]”
Greg Hunter – Trump hit China with new tariffs this week on $300 billion of goods. His trade negotiation team came back from China without a deal and no deal in site. The tariffs go along with the 25% tariffs already on more than $200 billion in Chinese made goods. They say consumers in America are paying for it, but Trump says China is paying. According to one economist, it amounts to only .1% in higher prices. So, there is not much damage being done no matter what the MSM is saying. What is trump really up to on China Trade? Continue reading “Trump Trade, Fed Cut, Trump Wins in Court [Video]”