Donald Trump doesn’t agree with the interest rate hikes – July 19, 2018

In a CNBC interview, Donald Trump tells CNBC he isn’t ‘thrilled’ with Federal Reserve interest-rate hikes. I definitely don’t agree with the President on this one and this is where from my perspective I can understand where leftists do the whole Trump is a Fascist thing. In, the Donald Trumps defense he didn’t say he was going to do anything about the rising interest rates but it’s not common for a U.S President to comment on Fed Policies which is why the Left-leaning media is all over this story.

Personally, I don’t think his statement is that big a deal, but it does give you some insight on how President Trump thinks. No man is perfect, this is why I personally believe in the Free Market. I’ve said this many times I’m not against a central banking system, what I’m against is the suppression of alternative forms of barter. I think a gold back currency should be allowed, I think bitcoin should be allowed and I think for the people who believe in the big government their currency of choice should be Fiat money.

But of course, Governments all over the world don’t want my system because my system means that governments all over the world would have to compete with the free market-based currencies. So we have to pay our taxes in U.S fiat dollars and if we don’t we go to jail if as an example people started using a Gold backed currency the governments of the world would do the same thing they did to bitcoin which is charging a capital gains tax, which for many of us that understand government know that this is only a way of Governments saying have fun with your little blockchain game while we figure out a way centralize your decentralisation.

For the most part, this is why you don’t see those of us that wouldn’t mind alternative forms of barter really pushing to get our alternatives out there. It takes an ideological shift before the populous can grasp that Government regulations are what’s causing poverty and it’s interesting for me to hear Donald Trump talking about interest rates. Personally, I think the rest of the world has a lot more to lose than does the United States if Interest rates rise. The problem with interest rates rising in the United States has a lot to do with Wall Street and over-leveraged entities.

A lot of retirements are dependent on low-interest rates, Hedge Funds didn’t become popular until raise began to drop. There are a lot of financial derivative based products that are extremely dependent on a low-interest rate environment. If interest rates continue to rise, entities in the derivative market will want to exit, the problem with these financial entities existing the market are their dependent financial entities.

Trump see’s this, he’s also quite familiar with this, you see people in the real world we’ve created where employees are on FIXED INCOMES over-leveraged companies in a time of crisis quickly realize that their cash-flows are completely out of whack. This is when the selling starts, overnight one company might dump a large chunk of stock, which leads to questions being asked if similar companies do the same, the market gets spooked then you start getting other people selling, who may not even understand what’s happened yet and this is how crashes happen.

This is what Donald Trump fears. Now many of you know years before Donald Trump ran for President my prediction was that Donald Trump would be the most prepared for an economic crash. He gets it, he’s been there, he’s done that. In a real barter situation, the truth is, sometimes deals go horribly wrong. In the real world without government sometimes things happen and the real question to ask when disaster strikes is not whose to blame but what was their intent? Did a person or entity intend to bankrupt a nation? or was it simply cosmic justice?

Now, what I wrote above might spook the hell out of die-hard Trump supporters but those of us that lean more to the Libertarian perspective understand that “hey… Shit happens!”. Enjoy the faux prosperity while it lasts. The truth is that even when this crash does happen unless Trump does an Obama and bails out the Banks and the corporate elites those of you living within your means, you’ll be fine, after a few weeks when things die down, deflation happens and Trumps regulation cuts actually start to show their benefits you’ll feel a sense of relief. But those of you that are living outside your means, life is going to change for you.

I know quite a few people dependent on debt, bad debt to survive, you over leveraged people, life is going to change for you. The interesting thing to me is what Trump will do when this economy crashes. Leftist are going to be all over this. Personally, I’d prefer the economic crash in early February 2019, I have my reasons for this, but it’s going to crash ladies, gentlemen and those of you that identify as other. The crony capitalist economic nightmare is coming to an end and right now I’m a huge fan of Jerome Powell.

I advise those of you reading this that are right leaning that you should take the time to explain free market economics to your children because economic crashes typically lead to socialism. This is how we ended up in this mess, to begin with, people don’t want the ups and downs that lead to better services, smarter people, greater societies, no moron leftists want easy answers and they want easy answers right away. They want a dictator, they just don’t want a Trump dictator, they’d prefer a Bernie Sanders type dictator that tells them sweet nothings. Have you been to most major cities, do you see how angry most people are?

That’s socialism, that’s Marxism, they’re entitled to be jerks, because why be a nice person when the government will pay me for my existence? Under a volunteer-based system even if you hate a person’s guts it’s in your best interest to respect that person and find positives in that person’s existence. In a Left-leaning world, the motto is “sell me on being a nice person?” I have minimum wages, unions, regulations that protect my job from foreign competitors so Mr. free market guy “sell me on being a nice person?”. One of the traits of Trump that I personally find resembling a national Socialist is that because he’s “a populous” he’s actually helping to protect the economic parasites.

These same leftist parasites can’t wait to see Trump fail and what I’m eager to see is what happens when the U.S economy crashes again. Will Trump become Obama and bail out the banks and large corporations or will he let them fail? This is what I can’t wait to see, because it’s this moment that will let me know where the world is headed. I have mixed feelings about Trump when the pressure is on the line if Trump takes the leftist approach and bails out big businesses his entire presidency will be exactly what the Leftists thought it would be. But if Trump lets the economy deflate he’ll go down as one of the best U.S presidents in American history. This is why for me Donald Trump is such a historical figure

 

Interesting times ahead.