Question: “So ELIMINATING The Federal Reserve It Is Best For Promoting Economic Stability” ?? - Powell said yes? What?
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Everyone who understands this criminal mafia wants to see the destruction of the Federal Reserve. However, the way these dirty rotten bastards are trying to do it is to absolve themselves of all the financial liability they have incurred as a private bank onto the US Treasury (AKA the people of the US).
The US debt pales in comparison to the debt the Federal Reserve has created with outstanding liabilities in the hundreds of trillions.
If they think they can just dissolve themselves and hold onto their assets while transferring their personal liabilities onto the American people, they have another thing coming.
But that is exactly what they are trying to do.
Be careful to read between the lines before cheering. The bad guy's storefront may be burning but they are sneaking out the back door and driving their Bentley back to their summer mansion.
"Be careful to read between the lines before cheering. The bad guy's storefront may be burning but they are sneaking out the back door and driving their Bentley back to their summer mansion."
Brilliant. 😁
Wow, youre so right.
Might be out of context.
https://www.youtube.com/live/FfEFYSF1dPo
1.44
for source.
Seems legit?
DAMN THE CONTEXT IS EVEN BETTER.
Just before he says
"if you want rampant inflation, that comes from these people undermining the credibility of the bank"
"So you think for economic stability you need to elminate the FED?"
"Yes"
"Okay thank you .. "
Listening to the entire series of questions and answers here Powell states that the central bank provides stability.
Cleaver can't hardly speak in coherent sentence. It appears that the intent was to say that eliminating the Fed would cause instability. Between senator mumbling and perhaps Powell's inattentiveness produced this sound bite that was in direct conflict with everything Powell was saying for the few minutes prior to this.
Status: nothingburger
Think you should re listen to it
Twice in fact. The quoted statement is in direct contradiction to the preceding context. Put the needle away, this is the wrong hopium.
Preceding question/statement is from Powell
He says
“Questioning the legitimacy of the Fed can create instability”
Then the next question is “So eliminating the fed reserve is best for promoting economic stability”
Did you even see the video?
You missed his historical discussion
The way I see it that some of these mfs will get away with what they were doing! Peace is the prize! Their offspring will be ashamed to mention their names and that's where justice will be done! Imagine leaving a legacy to your offsprings that they, themselves would not want to speak about! Etherial karma! No celebrated legacy and eternal bad name for your descendants!