Chair of the Federal U.S Reserve Jerome Powell Doesn’t Give Damn about what Donald Trump says and I Love It – October 13, 2018,

The date of this post is extremely important as there’s the possibility that when you finally read this blog post, maybe things have changed. But as of right now Chair of the Federal U.S Reserve Jerome Powell doesn’t give a damn about what current President Donald Trump says. Personally, I hate this economy, personally, if I were American I would vote for Donald Trump all 8 years and personally if I were the Chair of the Federal U.S Reserve I’d raise interest rates all the way up to 7% because that’s where they should be. This market is a piece of garbage, there’s a lot of money out there and a lot of extremely rich people because of it, good for them I say and if these individuals aren’t flush with cash I think they deserve what they get when this market crash.

I don’t care about pensioners, I don’t care about the people who think they’re entitled to get something for nothing, I don’t care about this global worldwide overvalued housing market and I don’t care what people think about what I have to say. This crappy economy needs to crash so we can fix this planet and get some real prosperity to those who deserve it. There are a lot of innovations that could raise the standard of humanity that can’t get any capital because instead of investing in these great innovations all the money from these pensions and these other mutual fund type investments are stuck in financial derivative products that are doing nothing more than multiplying in thin air.

What people aren’t realizing is that these derivative financial investments are making all of us poorer. When these piece of crap baby boomers all die and go to hell it’s going to be my generation that’s going to have clean this mess up and by that time the disaster is going to be so bad with so many entitled economic morons that it’s more than likely my children are going to have to go to war. China is already posturing with the United States for Global Supremacy. Why I would vote Donald Trump has little to do with his economic policies and more to do with his experience dealing with bankruptcy.

Trump understands the bankruptcy courts

Current president Donald Trump has been in Billion Dolar bankruptcy courts before and navigated his way out of it by pressuring his debtors to take a deal or take nothing. This is why I hate Barack Obama, the crash of 2007, 2008 did not require a government bailout, if anyone should have to called the Federal Reserve stupid it should have been Barack Obama. The U.S Government and the US Federal reserve worked together to give the rich the biggest stimulus package in human history and I don’t care what Trump says this boom is partially due to Obama. What Trump represents is the same political issue we have here in Canada which is Conservatives doing a better job managing a Liberal created economy.

This economic expansion under Trump has little to do with the tax cuts and more to do with his lifting of regulations. This is why if you listen to men in the financial markets, men who invest in Gold and the like, this is why they have a hard time predicting when it’s going to crash. This market will crash under Trump, my hope is that it crashes midway through his second term, for me that would be the perfect scenario as the world will be able to see what Donald Trumps true legacy will be.

Make no mistake about it, Donald Trump was created to remake the world economy, it doesn’t make these investors that made bad bets pay everything Donald Trump has done up to this point will be in vain. This is the simplest problem to fix if you’re Donald Trump, however, I’m not sure if his ego will allow him to do it. Trump knows that Trump understands Chair of the Federal U.S Reserve Jerome Powell wants to crash this economy and get rid of all this funny money, however, the media will have a field day with it. The Leftist media will have a fun time talking and writing about Donald Trumps crashed economy, well President Donald Trump man up and accept it, this is your destiny, you were put on this earth to fix this stupid socialist, globalist corporatist totalitarian system.

For the most part, conservatives, Libertarians and free-market thinkers have done their absolute best to educate the masses about what’s going to happen, there are people that don’t understand economics, don’t care about economics and people who are just pessimistic about life in general. If Donald Trumps presidency revolves around making everybody happy, well when this economy crashes he’s going to lose everything. If Donald Trump does what we expect him to do which is to renegotiate America’s debt and let those hedge fund and other derivative based financial instruments fail like they’re supposed too, well we’ll have a better world.

If you’re gambling in the Casino which a lot of people subconsciously know they’re doing you’ll eventually get burned, a lot of the printed money that’s been created isn’t physical money, most of this money is tied up in assets. Donald Trump being a real estate investor has a lot of his billions of dollars tied up in assets so he doesn’t have to pay taxes. This is the real world, this is what people like me and others are complaining about, I have no problem with business people getting loans but these consumer loans need to stop, the socialists are creating scenarios where too many entities are too big to fail.

Let these entities fail if your business isn’t rooted in real assets the value of your business must be destroyed. Now I get it the big banks are a part of this and a lot of people have their money in the big banks, I don’t care, these derivative based products are going to completely destroy humanity, even in America there’s a labor shortage, there’s a labor shortage because a lot of the money that should be invested is going to entities who are parking their money.

When I say money is being parked what people aren’t realizing is that this money is being parked in the same fashion that gold used to be parked. I’ve written about this several times, I’m not for a gold standard, I believe people that want to trade in gold should trade in gold, but I don’t believe that countries value should revolve around Gold because in a gold backed currency there are a lot of hoarders. The economy we’re living in now, there are a lot of hoarders, because there’s no incentive for people to invest in innovations that can better humanity, and because these worker pensions and 401K’s etc. are so large and protected the monies here are going into area’s where they’ll multiply the fastest, this, of course, leads to more lobbyist in Washington, in Canada and all over the world who want to make sure that these investments remain profitable and unchanged.

This is why Obama bailed out GM and other countries, this is why fiscal responsibility is becoming subjective, the government’s meddling telling people that they’ll take care of them for life has created a monster that’s now retiring. This monster would have been able to retire anyway, but instead of getting more money their cost of living would have gone down. But we all know that the reason why the cost of living hasn’t gone down is that of government meddling in the economy. everything tech related the price has gone down, the Apple iPhone costs around the price to make as did the Blackberry, the only thing that changed is that wireless company found a way to con people into financing a phone.

we all know the price to build a car with automation has gone down, what has not gone done is the price to finance a car. We all know that the loans industry is fraught with derivative-based products because no company want’s to be stuck with a bunch of money in their hands when the tax man comes around. We all know the elephant in the room is the government making promises it can’t keep. Humanity is so close to prosperity, however, I’m not sure if humanity is ready for prosperity yet. I hope Chair of the Federal U.S Reserve Jerome Powell continues to raise interest rates and I hope Donald Trump is prepared to renegotiate America’s debts, because during his campaign Trump said he would threaten to make the U.S default on its debt which is a good way, in my opinion, to take air out of this crazy economic bubble.

Interesting times ahead