In a recent interview with X22 spotlight, wealth analyst Lior Gantz offered some insight into the Federal Reserve’s actions as of late. Cutting interest rates when the economy is supposedly “booming” is an odd move, and Gantz says President Donald Trump could be behind these actions in an effort to unofficially abolish the Fed.
Gantz is the owner of the Wealth Research Group, and he’s predicting that Trump is going to insist on lowering the interest rates to zero and keeping them there so the government will be the only entity dictating monetary policy. The Fed will no longer have any say making them obsolete and completing the government takeover of the central bank. When the Fed finally caves to Trump’s demands, and the interest rates are set to zero for good, Gantz states that Trump will use taxation, regulations, and government incentives to stimulate the market as the Fed becomes a slave to the government along with the rest of us.
But the silver lining, is that “this is really the beginning for gold,” said Gantz.
Watch the video below to hear Gantz’s entire take on exactly how Trump is going to abolish the Fed and create a complete government takeover of the entire economy.
Gantz does not believe that what we are seeing is a market collapse. Since the U.S. is no longer an agricultural economy, August is no longer a secure “harvesting” month like it used to be:
“I personally don’t think that this is a market collapse. I do think that we will see a very volatile August…historically, since 1951, since the United States officially transitioned from an agricultural economy to a financial economy, [but] with the United States being 2% agriculture right now, [August] has been the worst-performing months…this is defintily not a market collapse, but it’s a change.” -Lior Gantz, Wealth Research Group via X22 Spotlight YouTube channel
Gantz then adds his take on why Trump is reacting the way he has:
“Trump does not want to finish this in an abrupt fashion with China. He learned it from the Bush playbook. If you can have a scenario where you have a problem that started in one presidency, usually the voters will want to keep the same president so they can finish it off. For example: starting the Iraq war.”
Gantz was then asked why the Big Banks would not manipulate the precious metals markets because as we all know, this has been done in the past.
“They [big banks] can short term manipulate, you know, throw paper contracts, use a lot of leverage when there is no fundamental reason not to do it. When you have the Fed’s funds rate going right now at a trend where it’s going lower…the Fed is seeing there are many troubles on the international front and they could impact U.S. unemployment and U.S. manufacturing so they want to ease so the economic expansion can continue.”
The big issue though, is that there is a “systemic problem for the dollar” and it will be all but impossible for governments to contain its collapse. And why does Gantz believe Trump wants to Fed to continually cut rates and bring them eventually down to 0?
“Every politician wants that [lower interest rates.] If every government can borrow money at zero rates, what would be the downside to that?
Trump wants to pay as little as possible.”
So, is Trump trying to bring the economy to its knees by creating a bubble with zero percent rates?
“All he [Trump] wants is to match them [the Yen and Euro’s zero rates] and to say ‘look, I want the Fed out of the equation. ut rates a zero, which means I am the only one in control.’
“If you peg interest rates at zero, the Fed, all it can do, traditionally, is buy bonds. In other words, what Trump is trying to do, is peg the dollar to zero, and then start to manage the economy in a fiscal manner where he doesn’t need the Fed anymore. He goes and created the budget that he wants or the deficit spending that he wants and then he can regulate all of that through taxation and anything else and redistribute any wealth that he wants. But he doesn’t need the Fed anymore.” -Lior Gantz, Wealth Research Group via X22 Spotlight YouTube channel
And using that method, Trump could abolish the Federal Reserve and put the economy under complete control of the United States government.
Ron Paul Calling Ron Paul!
Just not true. The “expert” neglects the interest on the national debt, which will grow as the debt increases. ZIRP will only buy a few more years. The only way to control the Fed is to get rid of them, which Andrew Jackson accomplished, Lincoln and Kennedy attempted, and for which Gaddafi was hunted down and executed.
Trump only needs 16 months, and if re-elected will lower the boom on the status quo. Then we’ll see real “hope and change”, instead of hoping for a change.
President Wilson and the demons that met on Jeckyl Island gave us the Federal Reserve & Income taxes. The Demonrat Wilson was very effective steering the nation away from our founding principles. Add more socialism from Demonrats Franklin Delano Roosevelt, Lyndon Baines Johnson, & Barack Husein Obama and you have our country’s current mess. Their objective is a socialist utopia and the poorly informed will buy it.
Trump ending the Fed? That’s a whopper! I think the other way around is most likely. The steady overall decline will not be reversed. Too close to the prize, like taking candy from a baby a momentary whimper then silence.
“…Trump is going to abolish the Fed and create a complete government takeover of the entire economy.”
Nationalizing a factory or industry or business practice, means to confiscate and give it to political cronies, whether Castro or Trump does it.
“the United States officially transitioned from an agricultural economy to a financial economy”
(In place of ‘financial economy’, read Ponzi scheme.) He never told you it was the end of fiat or of income tax.
Besides that they play for the red flag team (which changes back and forth) there is no reason to believe that the appointee or nepotist would even be a cultural conservative.
“he can regulate all of that through taxation and anything else and redistribute any wealth that he wants.”
A nominal “builder”, who has never driven a rivet or shoveled any dirt, will make deals, using you and your things for bargaining chit, with China, Saudi Arabia, Mexico, and Obama’s leftovers.
Abolishing the fed would really solve some problems but don’t hold your breath on this one.
Dude…. are you on window pane or blotter?
How do you know what that is?
Because I used to buy it from you remember?
Probably one of my school teachers.
Genius, sorry to say this, but it’s hard for me to see anyone just allowing the fed to get abolished. Trump has faced opposition from every damn libturd and his mama to his agenda from day 1. If someone proves me wrong, well OK I’ll take my hat off to that person. We’ll see.
Ahhh, I see your a purple barrel man lol. 😛
Or is it purple microdot?
The best thing for the financial and economic well-being of the Amer. people is to dissolve the Fed. It has utterly failed in its stated charter to control inflation, regulate money supply, and maintain economic and financial stability. But that is the stated charter. The real purpose was to enrich “elites” and concentrate wealth and power to them. Remember what a Rothschild said, it made no difference to him who made the laws, if he can control the currency/money supply he would be the real ruler.
Unfortunately, the Fed. cannot simply be abolished, it is a private entity. Theoretically, it is possible to marginalize them to irrelevance. However, the Fed. has powerful friends and allies who would not allow anything or anyone to loosen their chokehold on their immense super concentrated wealth and the power that goes with it. What actually happens remains to be seen. The Fed. is probably the single most powerful entity in the US, and only answers to the central banks including the BIS, and likely to a handful of hyper wealthy money changers who profit from the institution.
Look on a dollar bill, it says FED. RES. NOTE on it, it does not belong to you, nor the gov’t, it belongs to them. They loan money into existence from nothing, and gov’t gives it back with interest and more. Not only is it their money, we must live by their fiscal policies, that ultimately benefit them, not us. The truth is the federal debt will never be paid off nor can it be. To pay off the debt would absorb every dollar that ever existed, requiring more borrowed money with interest causing bigger debt, and so on. The only workable solution is to stop the borrowing from the Fed, and allow the gov’t to resume its Constitutional duty to control the currency. Why should gov’t borrow money from a private entity with interests and other costs when it is empowered to create its on money for nothing.
I believe most people have been pacified with the crumbs they get, and are even willing to give up their freedoms just to keep it all going, including many who leave comments on this site. Rather than support secession from tyranny, they would rather just complain, and talk the talk, and passively watch their children kiss their chains. Those who are the most hopelessly enslaved are those who believe they are free,
Returning the Fed-imposed rates to zero, and then shuttering the Fed for good, is NOT the “government taking over the economy and making slaves of all of us”. It’s the exact opposite!! The very existence of the Fed is UNCONSTITUTIONAL, and shuttering the Fed is rightfully returning the coinage of money to the elected U.S. Congress where it Constitutionally belongs. Having let the equivalent of the Fed in its day expire is the shining hero moment of Andrew Jackson’s presidency. It’s not for nuthin’ that Trump hung Andrew Jackson’s portrait in the Oval Office. This is the event we’ve all been calling for, to extricate the gnarled boney fingers of the international globalist central banksters from the throat of the American economy and the throats of ordinary Americans. 106 years of continual devaluation of the dollar by an arrogant unelected corporation whose only interest is its own shareholders over that of the U.S. is enough. If we’re going to have another 106 years of devaluing the dollar, it ought to be by our own elected representatives.
End the fed, end fiat money, end fractional banking. End dual citizenship…..
Ohms – 50 mcg (blue) and 100 mcg (white) courtesy of Owsley and the Greatful Dead;
Those were the days! lol
You are not going to get rid of the Mafia.
LOL
Hey, wheres that nutjob and all his wacky rantings about the Chi-Comms in Texas? Forget his name- Cypress/Katy something-or-other? He always gave me a good laugh! Oh, and I miss his little gems from his “scientist friend”…. lol!!