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SomeDude's avatar

what's completely wrong is a central bank based on unbacked fiat (basically counterfeiting from a constitutional money standpoint) which not only creates fictional currency through loans and printing but also through the creation of additional fictional currency by adding usury fees

Gbill7's avatar

Trump has long expressed his desire for interest rates to be lowered, as part of his vision for increased manufacturing and a booming jobs market. Warsh has poisoned this vision. So maybe now Trump will be compelled to do something new to counteract the higher interest rates. Peter, last week we discussed the idea of Trump suspending the collection of federal gas taxes. Maybe the likelihood of him doing so has now increased? Or do you see a far more likely tactic he could try?

Jan's avatar

Thanks. At this point I just can’t process everything going on. I do believe a huge civilizational change is happening that is spiritual and physical. All I can do is pray for discernment. As they say, it’s going to be a bumpy ride.