Trump Moves To ABOLISH The Federal Reserve And Institute Gold Standard

Trump Moves To ABOLISH The Federal Reserve And Institute Gold Standard

Trump Moves To ABOLISH The Federal Reserve And Institute Gold Standard

Donald Trump won the election in a landslide because of bold ideas. His ideas would erase and remove decades of failed policies and corrupt agendas that have plagued this country for too long. As Trump’s transition team continues to fill his cabinet, more and more attention continues to surround the possible selections for a variety of high-ranking positions and meetings that might help decide these appointments. On Monday, Trump held a meeting with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute. We have seen several reports indicating that Trump is considering Allison for Treasury secretary. On the campaign trail, Trump often questioned the future of the Federal Reserve’s political independence. In line with these comments, Allison wants to abolish Federal Reserve all together and go back to the gold standard. In fact, Allison takes that rhetoric one step further.

While acting as the head of the Cato Institute, Allison published several thesis indicating that the Federal Reserve was obsolete and needed to be abolished as it restricts power from the people and allows billionaire cronies to run banks globally.

“I would get rid of the Federal Reserve because the volatility in the economy is primarily caused by the Fed,” Allison wrote in 2014 for the Cato Journal.

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Judge Napolitano Takes On The Fed Not Federal, Not A Reserve

Published on Sep 18, 2012 by selfownership1

Sept. 18

Judge Andrew Napolitano stopped by Fox & Friends‘ curvy couch on Tuesday, where he shared his criticism for the Federal Reserve.


Arguing that it is neither federal nor a reserve, the Judge noted that the job of the Fed is to make the president — no matter who the president may be — look good.

Federal Reserve chairman Ben Bernanke, he continued, said he would essentially create 40 billion in cash “out of thin air” and put it in the accounts for the federal government. “That is more cash chasing, available for, the same amount of goods and services,” he said. “Answer: inflation.”

Later, the Judge shared a brief history of the government’s relationship to money in the U.S., including a description of the Coinage Act.

What the Fed is now attempting, he concluded, is ultimately a short-term solution designed to “make someone look good” between now and the election — “and you know who that is.”



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