The next president is not being determined by voters, but by the elite.
More specifically, it has been the economic data that has swung more than a few of the 20th Century elections, with good times solidifying the incumbent, and bad times ushering in a new face.
Right now, the way this economic data is handled and presented is being largely determined by the Federal Reserve and central bank action in general. The market has signaled for a policy change, but that change has been forestalled in order to keep up appearances.
As Michael Covel explains, Trump’s recent surge in the polls makes a Fed rate hike even less likely – especially because it could help him win, and the powers-that-be do not want that:
The odds of a Trump presidency shot higher this week. And that means the odds of a Fed interest rate hike before Election Day got lower…
The fix is in… […]
I don’t see how Yellen can raise rates between now and Election Day… if Trump can win.
If she did, it would tank the stock market, nail the economy and give Trump the White House.
That comes as no surprise for many people, jaded by the flawed system and the toll of corruption.
By now it is essentially admitted. Everyone knows that the money spigot has distorted things drastically, and that zero percent interests rate have destroyed the economy.
Everything is hanging by a thread, and what is coming cannot generally be avoided – but Yellen has the power to delay and choose the timing.
And the decision is simple enough: raise rates now, and watch the economic news become so dismal that the election would be essentially handed over to Donald Trump.
Or: delay and defend the status quo team. Team Hillary. Rah, rah.
The simple matter is that the banks are the establishment, and they are very comfortable with Hillary, and appear likely to do whatever they can to sway the election with – well, boring monetary policy that few will follow or understand.
Trump represents those rallying against central banker control over the country, whether he is sincere or not.
Look, Janet Yellen isn’t going to do anything to jeopardize a Clinton presidency.
Trump is deeply suspicious of the Fed… as many of us are. He’s rightfully and repeatedly said that Fed policies have created a stock market bubble that will burst. He’s called the Fed’s QE nonsense a bad economic idea that produced “phony numbers.”
And he also supports an extensive audit of the Fed to bring transparency and accountability to the secretive “central bank” that’s brought devastating boom-and-bust cycles for decades.
Of course, nobody knows if Trump will follow through on these promises if elected. Once in Washington, he could very well become just another lying politician. But right now, the last thing Yellen and her New World Order cronies want to do is take a chance on President Trump.
Trump has railed on the Federal Reserve one time too many, and as he has done with accusations that the election will be rigged, has set the stage for blaming the system if he should lose.
Indeed, managing the bubble, and delicately avoiding its bursting at inconvenient times, has become their ace in the hole. As Trump argued:
Republican presidential contender Donald Trump has once again accused the Federal Reserve of keeping interest rates low at the behest of President Barack Obama, who Trump says wants to avoid an economic depression during his administration.
“They are not raising them because Obama has asked them not to raise them,” Trump told Reuters. “The reason they’re keeping the interest rate down is Obama doesn’t want to have a recession-slash-depression during his administration.”
Frankly, there is a basis for those accusations, whatever one may think of Trump.
The floodgates, opened or closed, accordingly with the result the establishment wishes to manufacture.
The proof is in the economy pudding… and we are all being held hostage by it.