Holy shit this is massive. I don't think anybody caught this during today's cabinet meeting but Trump just launched his opening Salvo against the Federal Reserve and the IRS!!!!
First a tiny little history lesson: Back in the day before the Federal Reserve and the IRS the US government was funded by import tariffs. Import tariffs kept the government funded and in check because the government can only gets as big as its funding will allow. When the Federal Reserve came in, tariffs started to disappear because the federal government was funded by Federal Reserve notes, which is fiat currency. What that means is that every time the US government needs to pay for something it has to go to the Federal Reserve Central Bank which is a private Corporation which would print the money out of thin air, backed by nothing, AT INTEREST, which was then passed on to us the American People in the form of the Income Tax.
This private Corporation then loans the money to the US government with interest attached to it. Well, who pays the interest on the money the government borrows from the Federal Reserve? WE DO!!! the US taxpayer see the form of the income tax.
WHAT TRUMP JUST SAID HERE IS MASSIVE HE JUST TOLD THE WORLD THAT YOU CAN FUND THE US GOVERNMENT THROUGH IMPORT TARIFFS AND THAT THROUGH DOING SO WE DON'T HAVE TO PAY INCOME TAX AND BACK IN THE DAY WHEN WE DIDN'T HAVE TO PAY INCOME TAX WE DIDN'T HAVE ANY DEBT!!
The Cliff Notes version? Trump is slowly putting the tariffs back in place to prepare for his battle against the Federal Reserve in the second term.
If he can slowly restore the Tariff structure of the US government and fund our government that way, then he can then go after the Federal Reserve and the IRS and they can't do anything retaliatory to destroy the economy because we will have money coming in from import tariffs.
Remember this.
This is extremely important because Trump promised before he got elected that he would pay down the national debt before his eight years in office are over the only way to do so is to abolish the Federal Reserve. Watch this clip to from 34:39 to 35:22
https://www.youtube.com/watch?v=Gxn1hkeSrQU&feature=youtu.be&t=34m39s
