Scott Bessent: "The old system wasn't working & if you look at a system that's not working you have to be brave to change it ... It would've been easy to keep pumping up the economy, borrowing a lot of money, creating gov't jobs ... but you were going... to end up in a calamity."show more

Unfortunately, no matter how well you spoon feed a rational explanation to liberals, they’re too blind with hatred to see it

He could be lying but I get the sense he is not. I am thankful the Trump administration is full of people who can clearly communicate. We have never had so many communicators in one administration, and that destroys the narratives by the dishonest media.

Trump understands this and is making permanent changes to the over-zealous government. Change is painful but he’s leading us to the Golden Era 🫶🏻🇺🇸

He is not wrong

𝐖𝐞𝐚𝐥𝐭𝐡𝐲 𝐄𝐥𝐢𝐭𝐞 𝐅𝐞𝐚𝐫𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Scott Galloway, multi-millionaire professor, gives dire warning about the decline of American capitalism, expanding wealth inequality and far-right CEOs. ★ NEW ARTICLE ⬇️

There’s a lot of people who don’t agree with what he’s saying, but give it time a the results will speak for themselves.

Agreed, which means that it is a good time to end the Federal Reserve, which is not a Federal agency; it is Federal in name only, and nothing more than a privatized bank that was formed by a Senator, a Congressman and Woodrow Wilson to alleviate a financial crisis that occurred in 1907.  Adding the word 'Federal' to the name was a calculated deception to lend stability to the name. Through a 1913 Act, the Federal Reserve was given authority to manage monetary policy, supposedly, for the benefit of the entire nation, in adjusting interest rates to meet economic goals set by law, balancing between fostering economic growth and controlling inflation. Since 1935, the Fed's Board of Governors has operated as an independent entity within the government, free of direct Treasury or Comptroller representation. The Secretary of the Treasury and the Comptroller of the Currency (now part of the Office of the Comptroller of the Currency, or OCC, within the Treasury Department), no longer have formal roles in the Fed's governance. The Federal Reserve receives taxpayer allocated funds (from spending Bills) from the U. S. Treasury Department, which the Fed, in turn, shares the wealth by depositing money into its 'member' banks, and means that the 'Federal Reserve' is nothing more than a privatized bank, whose 'member' banks are all beefing up their deposits with taxpayer money, having no real regard in how they adversely affect the taxpayers, as the 2008 financial crisis demonstrated. It is time to make the Treasury Department a real Federal Agency, the trustee of taxpayer funds, from deposit to disbursement, by remanding the 1935 Act that reduced the power of the Secretary of the Treasury and the Comptroller of the Currency, and place them back into the position of having a formal role in the governance, and regulation of interest rates, made as a Treasury Board decision; a committee appointed by the President as part of his cabinet. @realDonaldTrump @USTreasury @SecScottBessent

This really sums it up

The system was *working,* and Trump just fucked it all up and made everything worse. You hate the American economy and everything good our country stands for, Derrick.

The next improvement in the Trump program!

They created a fake economy.