Trump vs. The Federal Reserve

Is “The Donald” biting off more than he can chew?
Central Bank retaliation could turn things ugly for Trump as president, warns currency historian and author Andrew Gause

Presidential hopeful Donald Trump has made no secret of his skepticism of the Federal Reserve Bank’s policy or of his dislike of Fed Chairman Janet Yellen. He’s been highly vocal with his claim that the stock market is inflated and has accused Yellen of juicing the economy to help Democrats get re-elected, even stating that he will replace her if he is elected.
Trump has also publicly called for an audit of the Fed – which in the eyes of the highly-secretive central bank is nothing short of a full-blown declaration of war.

“Trump is very suspicious of the Fed’s activities and motives, and for good reason,” says currency historian Andrew Gause, author of The Secret World of Money and Uncle Sam Cooks the Books.

“The last time we had a glimpse of the Fed’s confidential activities was after the 2008 bail out where they were forced by Congress and Freedom of Information lawsuits to name the recipients of $3.3 trillion in emergency aid. Thousands of entities, including obscure private foreign banks, corporations, and individuals were found to have benefited from access to the Fed’s bail-out money while US taxpayers were required to foot the bill.”

“Most don’t realize the Federal Reserve Bank is a privately owned, for-profit corporation that acts for the benefit of its stockholders – which are other private banks,” says Gause. “Individuals in the Fed are unelected and swear no oath of alliance to the US Constitution or to the country. They have quietly allowed the nation to amass a 20 trillion dollar debt and presided over the looting of the Social Security fund and other trust funds and retirement funds.”

Andy’s advice to candidate Trump on how to deal with the Fed, once elected, is simple: Nationalize it.

“The Federal Reserve Banking system is a government sponsored enterprise that can be put under control of the US Treasury with a stroke of the pen, in the same way that Fannie Mae and Freddie Mac were federalized after becoming malfeasant,” says Gause. Gause says significant savings could be had by nationalizing the Fed and implementing cost cutting measures like:

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