Trump, The Fed & 2020

Truth and Liberty Blog | April 11, 2019

A lot can change between now and November 2020 but right now President Trump is in the catbird seat to win re-election in 19 months. With the Russian-Collusion-Delusion now completely exposed as a treasonous fraud millions upon millions of Americans have been red-pilled to the reality of the Deep State, International Socialism, and the utter illegitimacy of the corporate shill media who deceitfully push their anti-American Globalist agenda.

It is not good to be over-confident as was Team Hillary in 2016 but of the declared Democrat candidates – including but not limited to Beto O’Rourke, Bernie Sanders, Elizabeth Warren, Kamala Harris, Cory Booker, Andrew Yang and undeclared Joe Biden – there doesn’t appear to be anyone capable of defeating President Trump in a General Election.

As of April 9th Trump’s approval rating stood at 53 percent, which bodes quite well for 2020.

Just as the FBI and the Department of Justice were completely politicized and turned into extensions of the Democrat Party in 2016, the Federal Reserve is not above manipulating the American economy for political purposes. Chairman Jerome Powell and the Fed have been busy positioning the economy for an ‘untimely’ recession prior to the 2020 election.

This is an obvious effort to undermine President Trump’s re-election chances. It’s the economy stupid. Throughout the duration of President Obama’s eight years in the White House the Fed kept the interest rate near zero. However, when Obama was on his way out the door and President-Elect Donald Trump was on his way in the Fed began to increase the rate: Now why would they do that?

What gets talked about less than the interest rate though but is equally as important is the Fed’s balance sheet, which former Chair Janet Yellen began tightening by selling off securities as soon as Trump took office. So they’re raising rates and tightening their balance sheet at a time when market fundamentals are less than great?

Now why would they do that?

Brandon Smith of Alt-Market explains,

…the Fed has used [this tactic] on many occasions in the past: The creation of economic bubbles through inflation and artificially low interest rates, followed by abrupt tightening and higher interest rates into economic weakness. This tactic is highly effective in accomplishing ONE GOAL – financial collapse. [emphasis added]

In short the Fed has shown by its politically motivated actions that it intends to create a recession just in time for the 2020 election – and that’s the best case scenario. TLB has repeatedly criticized President Trump for taking credit for the mother of all stock market bubbles because when it pops he will, right or wrong, own the pop.

Until recently this author couldn’t see the economic direction of this country going any other way. However, it may be that President Trump is now in a position to call out the Federal Reserve for what it is – the belly of the Deep State beast that cares far more about its own interests than it does the interests of the American economy.

In recent days President Trump has discussed the possible nomination of Herman Cain and Stephen Moore to the two vacant spots on the Federal Reserve’s Board of Governors. Both men are reportedly Trump loyalists and if nominated and confirmed they would give President Trump eyes and ears and a presence within the Fed system.

With the complete collapse of the Russia collusion narrative and the naked politicization of the FBI and DOJ, the Fed now has to be very careful about appearing to be politically motivated. If the Fed acts too boldly much of the general public will see through their cynical ploys.

President Trump knows how the Federal Reserve system works and the Deep State knows it. If Powell and company oppose Trump too strongly and the economy suffers because of it he’ll be able to do a judo move and lay the blame squarely at the their own feet – which is where it will belong.

Meanwhile ranking member of the House Intelligence Committee Devin Nunes is in the process of sending eight criminal referrals to the Justice Department this week. The criminal referrals will reportedly include conspiracy and leaking charges and be connected to as many as a dozen individuals involved in putting together the Russia Collusion investigation of candidate / President Trump.

TLB has long called for the investigation of the Russia Collusion investigators and this may be the opening salvo of precisely that eventuality.

In their hubris the deep state and their band of useful idiot leftists zealots have significantly over-played their hand. The jig is almost up. The American people see through their lies and the fanatical left is running out of moves.

Just how triggered will the snow flake collective and the purveyors of fake news be if Trump wins again in 2020? At the moment it appears we are going to find out.

originally published here