The Fed

It will be interesting to see how Trump deals with the Fed over the next few years.  With strong economic growth, the Fed will be tempted to raise interest rates.  Trump opposes this, since there are no signs (that I have seen) of inflation.  Most inflation happens when the banks release large sums of cash.  They seem to still be sitting on trillions, literally.  They could flood the market tomorrow, but the math with Trump in charge is different than it would be with nearly anyone else.

Trump, uniquely among Presidents in at least the last half century, would be willing to bring the Fed under control.  It is extraordinarily irrational that it does not answer directly to the Treasury, as it did for the first decade or two of its existence.  It is absurd that the single entity most responsible for our currency is not under the direct control of the government, but rather is under the control of banks whose names we are not even allowed to know for certain.

It is an insult to reason.  It is something which continues because most Americans are fucking imbeciles who are taught to be confident in the platitudes and propaganda which they are taught.  The most “educated” are those who can reliably throw out the phrases and explanations they were taught quickly and without error.

I look at the world through my own eyes. And everywhere I look, I see stupid people.  That no doubt sounds arrogant.  What is your point?