Topic: Does the FED Plan on Bringing the Market to It's Knees, to Destroy Trump? (Read 251 times)

well you are about to experience them

You are referring to the events of 1990-1992 where all the people lost their bank accounts and pensions? These things are little known in the West.

Update: shortly after 6pm, Steven Mnuchin posted a pair of tweets in which he denied that Trump had ever suggested firing Powell:

Steven Mnuchin
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@stevenmnuchin1

(1/2) I have spoken with the President @realDonaldTrump and he said “I totally disagree with Fed policy. I think the increasing of interest rates and the shrinking of the Fed portfolio is an absolute terrible thing to do at this time,...


Steven Mnuchin
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@stevenmnuchin1

(2/2) especially in light of my major trade negotiations which are ongoing, but I never suggested firing Chairman Jay Powell, nor do I believe I have the right to do so.”
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4:03 PM - Dec 22, 2018

if amid the barrage of negative news hitting the market this quarter there has been one outstanding item which would have sent it sharply (even) lower, that would be a flashing red headline - or a tweet from the president - announcing that Trump has fired Fed Chair Jerome Powell.

And while to many such an act would seem unthinkable, even from someone as unorthodox and unpredictable as Trump, it now appears that's precisely the outcome the market will have to worry about next as Bloomberg reports that the president has discussed firing Federal Reserve Chairman Jerome Powell "as his frustration with the central bank chief intensified following this week’s interest-rate increase and months of stock-market losses", citing four people familiar with the matter.

society that lost its central bank is basiclly tower of babel, basic structures will then grab the main power, (infrastructure and economy managment)

army gets into serious trouble with their fancy projects,

you should study soviet unions collapse to understand the risks comming upon you.

regards

As fed up as we are with the fed...
...if we were that poor, we might not get fed.

as soon as amerikans end the fed they will be as poor as russians after collapse of soviet union

....
The reasons for this are many, but the most obvious is their opposition of President Trump, whom has made it crystal clear that he is not a fan of the Federal Reserve, sparring constantly with them.

Trump, much to the dismay of many of his supporters has tied himself with an anchor to the movements of the markets.....