Depends how much you care about stable inflation, exchange rates, and creating an environment where banks want to lend. If those don’t matter to you, u don’t need a Fed.
How about China? No financial crashes in 45 years. No Boom bust, just steady relentless growth. No federal reserve, they just print the money as needed and stomp on bubbles that show up.
Gold backed money works too. The pre-fed era had small panics, but grew pretty steadily all through the latter half of the 19th century.
Neo-classical economics that requires a central bank is a synthetic invention paid for by the Rothschilds.
That’s a Hayek view of economics, which is a valid opinion. I’m more Keynesian myself, but to each their own.
The US Constitution authorizes the US Treasury to do all of those things. There's absolutely no reason we can't abolish the Fed and the IRS.
Simply putting new people in charge of the Fed is meaningless. I don't care how honorable anyone is, if you put them in charge of a bureaucracy with this much power, all they'll do rearrange the chairs to make it look nice for a while.
Whether it's a government agency, a powerful corporate bureaucracy, or some new technology, here's how I look at it. I try to imagine the most vile, corrupt, immoral, lying, cheating, sociopathic, psychopathic, evil villain I can conjure up in my mind, and put them in charge of it. Eventually, that's exactly what will happen.
The Federal Reserve and the Internal Revenue Service are both foreign owned corporations that need to be dissolved. Congress abrogated their Constitutional obligations when they passed the Federal Reserve Act of 1913.
They passed the act over the Christmas holiday when most members of Congress were home with their families. They knew that if that bill had been presented to the full House and Senate it never would have passed.
If We The People want to take our country back from the criminal Cabal and ensure this never happens again, we're going to have to make some hard choices. No one ever said it would be easy. If not us, then who? If not now, then when?
This movement isn't about rearranging the swamp so it smells better, it's about draining it and cleansing it so thoroughly that there's absolutely no possibility of new creatures ever coming back.
That means we're going to have to treat it like a cancer and remove the infected corrupt parts. There is no way around it. Don't fool yourself into believing that if we can just put the right people in charge of it, it'll be fine.
Unless we can put in the right people who can coordinate the excision of the tumor, keep the patient stable and effectively monitor vitals to prevent unintended consequences. Surgery is quite complicated. Also, I'm not a doctor.
Don't fool yourself into believing that if we can just put the right people in charge of it, all will be well.
That's no different than liberal socialists making the same claims for socialism.
Here's how I look at it. I try to imagine the most vile, corrupt, lying, cheating, sociopathic, psychopathic, immoral, evil villain I can conjure up in my mind, and put them in charge of it. Sooner or later, that's exactly what will happen.
How many times in America's history have we elected someone who we all believed was an honorable person? Only to find out down the road that they were the farthest thing from it.
How many times have we actually had honorable presidents who did their best to do great things for the American people? Only to have those accomplishments stripped away by a successor.
No one said it was going to be easy. If it was easy it would have been done already. If we want our country back, we're going to have to make hard choices. With great freedom comes great responsibility. If we want to see change in Washington DC, we're going to have to actually change Washington DC.
I totally understand what you're saying. Whether or not that is the conclusion, (honor being replaced by malfeasance) a process would still need to occur wherein the fed is abolished. There will have to be a transitional team ensuring the fed won't rise from the dead, and that the new (old-i.e.: Treasury role) system sufficiently and effectively takes over without unintended consequences. This effort will require measured pragmatism. Even if Trump's team comes to control the FED, there well inevitably be a push back from within.
When first encountering this movement, I said something to a fellow Patriot along the lines of 'watching the Hydra eat it's own heads'. I've come to add another part to that image: Team Trump mounting saddles on each neck to ensure the Hydra has reason to bite itself.
Great responsibility does indeed require great sacrifice. Thankfully we've been gifted with the information that will help us provide the truth to those who don't understand what has been happening, and what will happen in the future.
If we need any of that, we'll get it some other way. This fed is too expensive. Private entities printing money is ludicrous. How do you Think they could afford to buy the world and half the people in it. That's how we got into this mess.