It remains up to those of us who know the truth to keep spreading the message that the real key to making America great again is to make money real again by auditing and ending the Fed.
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve’s Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024 in Washington, DC. Powell discussed lowering inflation rates, stating “the level of the U.S debt is not itself unsustainable, but the path that we’re on is unsustainable.
The GOP’s apparent desire to increase military spending is a disappointment to those of us who hoped the increased skepticism of foreign intervention among Republican voters would dampen Republican enthusiasm for the military-industrial complex. The platform also opposes any reduction in Social Security and Medicare. So, the “fiscally responsible” Republicans want to increase spending on one of the largest items in federal spending while opposing cuts in two others .
Politicians could not increase the national debt unless the Federal Reserve monetizes the debt by purchasing Treasury bonds and increasing the money supply to keep interest rates low. The need to monetize the debt is the main reason the central bank must keep interest rates from rising to anywhere near market levels.
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