It’s always been about who controls the money, and in 1913, when the Fed convinced a group of starry-eyed congresspeople to relinquish their Article I, Section 8 powers to coin money to a group of bankers to manage the money, they made a significant mistake. And, of course, we are discussing this now as we contemplate why Jerome Powell, the current head of the Federal Reserve, has interest rates so high and is artificially holding back the flow of money to the public. Should or could President Trump fire him? And why is there a claim of independence that Janet Yellen asserts is necessary for the Fed to function correctly? She used to be the chairman, as Jerome Powell is now, and she was the economic lady for Biden’s administration. She is also a prominent member of the World Economic Forum, placing her at the heart of this modern discussion. The answer to all this Fed talk is that, of course, Trump should and could fire Powell. Because Powell has not performed well, now that Trump has created an environment where the economy is moving along nicely, the excuses that the Fed hides typically behind to control the levers of power over the money supply have been taken away. The only people making money from the Fed’s system are the banks, whose interest rates are holding back economic growth. And of course, the banks don’t want to give up that easy money. So, for his sabotage of the current economy, Trump should fire him. The Fed’s mess in 1913 was a mistake, and it’s time to admit it. Because what happened 20 years later with FDR in the White House would well cross the line toward poor money management, which is a crime that still looms. And we have to correct it.

On April 5, 1933, President Franklin D. Roosevelt signed Executive Order 6102, which required U.S. citizens to surrender most of their gold bullion, coins, and certificates to the government by May of that same year, in exchange for $20.67 per troy ounce. This was just as bad as a buy-back program for something like personal firearms. The reason for the order was to unleash money into the supply that people were hoarding and let the government manage the depression. However, looking back on history, the Great Depression was caused by excessive government intervention, which exacerbated the problem it was trying to fix by taking people’s ownership of gold and unleashing it into the economy, thereby loosening things up. Now, this was the Red Decade, when communist ideas were being experimented with, following the Roaring Twenties, which had a lot of open capitalism. Communist movements were widespread, and they certainly infiltrated Roosevelt’s administration. But how could this arrangement work, where the Fed was given everyone’s personal gold reserves, and where did they get the money to buy it? Well, they printed the money, just as they did after the 2008 crisis, and gave that money to Larry Fink to essentially buy up bad loans with quantitative easing. In the case of 1933, they were able to make some money off the deal and profit from the exchange. But the Fed got the money by essentially printing it. And it was this critical step that would take America off the gold standard by 1971. After that, gold would become a commodity with no inherent value. The goal of the Fed was to remove the stabilizing grounding gold provided to the economy, where people were regulating that value off a common exchange. Instead, the government sought to empower centralized bankers with the ability to micromanage the economy, decisively removing the process from any free market consideration —a move that was distinctly communist and remains a mistake we are still dealing with to this day.
By removing America from the gold standard, the Fed gained significant centralized power that it had previously been unable to achieve. This power was acquired after the Fed confiscated people’s wealth and issued banknotes that would, from then on, have a value adjusted by the Fed’s actions. This was to protect the global international bankers, who have long sought to rule the world from the shadows. And they are still a serious menace to this very day. This is essentially what opened the door to Modern Monetary Theory and enabled individuals like Larry Fink to accumulate significant power at BlackRock. The money managers who laundered the money through Wall Street were able to take all that printed money and buy up bad debt, thereby gaining control of the boards of numerous United States companies. And Larry Fink is a bleeding heart liberal, otherwise known as a communist. The original crime was the creation of the Fed in 1913, but the robbery took place in 1933 when the Fed, under FDR, took everyone’s private gold and replaced it with a monetary system that would fluctuate over time at an inflation rate of at least 2.5% per year. So, doing nothing with that original $20.67, it would take $513.46 today to buy just as much. But if grandpa had given you that much in gold, the value would still be relatively the same. Taking away the gold standard meant that if Grandpa gave us $20.67 in 1933, and you wanted to buy something, it would now cost you $513.46 to buy the same thing.
Deep in the heart of many things that members of the Federal Reserve believe is that employers are reluctant to reduce the wages of their employees over time. They may receive raises, but in terms of real buying power, the Fed believes that it must step in to offset the value of increasing paychecks due to employer reluctance. So long as they control the value of money, they can micromanage all factors of our economy in ways that are not driven by market value. In the case of pay, which we all experience, we might make an average of 2% increases over our lifetime, but the Fed is using purposeful inflation to take that value away as we age giving our buying power much less with the same dollars because they believe that actual productivity goes down as we age, so we should not continue to get more money for doing less work. That kind of thinking would only come out of the Red Decade. And it has now caused a lot of significant problems that we need to address under this new Trump administration. And Jerome Powell is going to have to go. Reluctantly, but critically, he will have to lower Fed interest rates in September and maintain them through up to Christmas in 2025, because the pressure will be too great. Trump’s economy is forcing everyone to come clean, and people are figuring out how the game has been played against them. We can’t have foreign centralized bankers controlling our money supply through our Federal Reserve. And the Fed can’t be independent of representative management. They have been openly robbing our money supply, and it’s time for all that to stop. The 1933 confiscation of personal ownership of gold was a form of open government theft, and it should never have happened because it empowered centralized bankers to gain control over the dollar and use it to access power. Today, banks have way too much power. And we have to take it away from them by force. Because they won’t give that power back now, they will have to be made to. But we have no choice.
Rich Hoffman

Click Here to Protect Yourself with Second Call Defense https://www.secondcalldefense.org/?affiliate=20707







