I think this is where you need swamp draining the most.

 

The MO has been, you work in wallstreet, climb to top (which really means you fuck the middle class harder than Rocco does anal), keep the.right people in DC happy, get nominated and push policies that make your friends in wallstreet even more richer, then retire, and call in favours to your friends and make more money for bullshiting out of your mouth.

 

So, what everyone thinks?

End the FED, officially tie the USD to a commodity or basket of commodities, end fractional reserve banking, reintroduce Glass-Steagall.

 

Outside of the dream world I think the best they could get would be someone that leans towards Austrian economics.  Tying the USD and ending fractional reserve banking would require a new monetary system as the current one would die rapidly without it; the powers that be and the population at large are not going to willingly give up the FIAT financial heroin.  

So the junkie just carries on until the day it ends up in the grave or rehab.

 

I am expecting the US deficit to balloon under Trump, as it would have done under Hillary.

End the FED, officially tie the USD to a commodity or basket of commodities, end fractional reserve banking, reintroduce Glass-Steagall.

 

Outside of the dream world I think the best they could get would be someone that leans towards Austrian economics.  Tying the USD and ending fractional reserve banking would require a new monetary system as the current one would die rapidly without it; the powers that be and the population at large are not going to willingly give up the FIAT financial heroin.  

So the junkie just carries on until the day it ends up in the grave or rehab.

 

I am expecting the US deficit to balloon under Trump, as it would have done under Hillary.

The reason the USA is able to carry such tremendous debt is because the US Dollar is the world reserve currency. If the world decided it didn't want the US dollar as the world reserve currency any longer, and switch off to maybe China... the USA would be screwed.

 

So I have been in favor of eliminating the US debt to safeguard ourselves from that. I mean seriously, the best way to protect yourself from disaster would be to eliminate the threat. Now Trump on the other hand... will have to increase the debt to pursue his Reagan plan to stimulate the US economy... which is firmly against all Conservative platforms that call for reducing the debt. We are venturing into strange territory... I say, AUDIT THE FED! Then we can see where we all stand before taking another step.

 

End the FED, officially tie the USD to a commodity or basket of commodities, end fractional reserve banking, reintroduce Glass-Steagall.

 

Outside of the dream world I think the best they could get would be someone that leans towards Austrian economics.  Tying the USD and ending fractional reserve banking would require a new monetary system as the current one would die rapidly without it; the powers that be and the population at large are not going to willingly give up the FIAT financial heroin.  

So the junkie just carries on until the day it ends up in the grave or rehab.

 

I am expecting the US deficit to balloon under Trump, as it would have done under Hillary.

The reason the USA is able to carry such tremendous debt is because the US Dollar is the world reserve currency. If the world decided it didn't want the US dollar as the world reserve currency any longer, and switch off to maybe China... the USA would be screwed.

 

So I have been in favor of eliminating the US debt to safeguard ourselves from that. I mean seriously, the best way to protect yourself from disaster would be to eliminate the threat. Now Trump on the other hand... will have to increase the debt to pursue his Reagan plan to stimulate the US economy... which is firmly against all Conservative platforms that call for reducing the debt. We are venturing into strange territory... I say, AUDIT THE FED! Then we can see where we all stand before taking another step.

 

 

The USD is currently the worlds reserve currency due to the petrodollar standard backed up by the US military.  There have been numerous (over the past decade) agreements by nations to bypass the dollar with bilateral trade agreements mainly for energy settled in their local currencies as opposed to the USD.  

A number of OPEC nations have attempted to stop selling their oil in USD and have had the US military deliver a shit ton of freedom to their nations, Saddam wanted gold for Iraqi oil, Iran will sell oil for anything but USD, Libya for decades of terrorist escapades regime change was only on the cards when Ghadaffi proposed a Pan African gold backed currency and sell oil for gold.

 

The deficits cannot be eliminated due to the way fiat currency is created under the current monetary system, where every dollar (insert your local currency here) is loaned into existence there is never enough currency to repay the original debt plus interest owed, thus deficit elimination is an impossibility as things stand and deficits will only get bigger as Peter is robbed to pay Paul.  

 

 

The deficits cannot be eliminated due to the way fiat currency is created under the current monetary system, where every dollar (insert your local currency here) is loaned into existence there is never enough currency to repay the original debt plus interest owed, thus deficit elimination is an impossibility as things stand and deficits will only get bigger as Peter is robbed to pay Paul.

You are correct Sir, and it just gets harder when Peter doesn't have any more money to rob, and it's all stuck in a morass of debate whether Paul even exists... Who is this Paul dude?... do we even have to pay him? 

End the FED

 

 

Hear Hear!