Audit the fed.

[squatz1]

As part of Bernie Sanders' Wall Street Reform...

I would echo the idea that Ron Paul’s name is the one that should be attached to all things “audit the Fed.”

I'm assuming that the only reason that Bernie is going to continue to echo this (alongside some people in the GOP) is because they want Congress to have more control over monetary policy. Not something that I would want to support due to the short term view that most politicians focus on.

[Mandoy]

https://berniesanders.com/issues/real-wall-street-reform/

As part of Bernie Sanders' Wall Street Reform, it includes auditing the federal reserve.

Audit the Federal Reserve and make it a more democratic institution so that it becomes responsive to the needs of ordinary Americans, not just the billionaires on Wall Street.

This is the sick truth and it is very real that the one who enjoys the benefits from the fed are the elites. I believe auditing the federal reserve is one of the best way to remove the overpdoruction of the US dollars. The elites are printing so much money and is manipulating everyone using that resources. Its time to introduce blockchain to the federal system so that the printing of the us dollars will be monitored. Also using blockchain technology on the government funds will also make the government projects more transparent and we can be sure that ordinary citizens will enjoy the benefits coming from the taxes they paid to the government through sufficient and effective delivery welfare and services.

[BADecker]

Auditing the FED isn't what counts. What counts is how many people who are going to freely continue using their Ponzi fiat.

[bluefirecorp_]

The funny thing is people here support Trump, but Trump hasn't audited the Fed. Bernie will.

[BADecker]

The Fed doesn't need to be audited. Trump is putting things in place that will reduce or destroy the Fed. Auditing will simply be a waste of time.

[bluefirecorp_]

The Fed doesn't need to be audited. Trump is putting things in place that will reduce or destroy the Fed. Auditing will simply be a waste of time.

Fake news!

Trump appointed failure of a federal reserve leadership.

The crazy bit is after 2 years, people still support this asshat

Must be all that propaganda they consume.

[squatz1]

The Fed doesn't need to be audited. Trump is putting things in place that will reduce or destroy the Fed. Auditing will simply be a waste of time.

Fake news!

Trump appointed failure of a federal reserve leadership.

The crazy bit is after 2 years, people still support this asshat

Must be all that propaganda they consume.

I don't even know what you're spewing here. Trump hates his current appointment to the Fed Reserve and has called for him to resign, has contacted his WH counsel to see if he can fire him, and so on and so forth.

If you want to expand the scope of audits or to put the audits into the hands of private independent people then so be it. But the Fed is currently audited, and I've said that time and time again here.

[bluefirecorp_]

Bullshit.

> On November 2, 2017, President Donald Trump nominated Powell to serve as the Chair of the Federal Reserve.


Ahaha, appoints the guy. Totally not Trump's fault. /s

Man, how can you appoint someone and then blame them. Must be a shit at picking people. Then again, it's pretty obvious Trump's an idiot.

Auditing the fed is something the right wing has wanted for decades. Need to reconcile all the money.

[squatz1]

Bullshit.

> On November 2, 2017, President Donald Trump nominated Powell to serve as the Chair of the Federal Reserve.


Ahaha, appoints the guy. Totally not Trump's fault. /s

Man, how can you appoint someone and then blame them. Must be a shit at picking people. Then again, it's pretty obvious Trump's an idiot.

Auditing the fed is something the right wing has wanted for decades. Need to reconcile all the money.

I mean there's isn't much someone could do when they're appointing a fed chair. The Fed is still independent of the President and of congress, which means that once they're nominated the President isn't able to fire you for not following 'their policies' as the policies of the Fed are supposed to be above politics and be long term and for the betterment of the nation.

Trump hates Powell because Powell won't bend the knee and drop rates further so the economy has cheap loans to continue to boom. Pretty much Trump saying he wants some artificial growth for his campaign so he can say he did that and try to win again with a great economy.

[bluefirecorp_]

The Fed is still independent of the President and of congress,

Congress can abolish the federal reserve if they want. They hold the utmost power in the USA.

Don't underestimate the power of congress.

[squatz1]

The Fed is still independent of the President and of congress,

Congress can abolish the federal reserve if they want. They hold the utmost power in the USA.

Don't underestimate the power of congress.

But why? What would be the reasoning behind eliminating the Fed? What have they done to deserve such sanction?

Do I think the Fed should do a better job of explaining the monetary policy that they enact? Yes. They do a horrible job doing so, and because of that the people think they have ulterior motives when they do things. But I think if they were to explain things to the American people, that would HELP a ton.

[bluefirecorp_]

...

They hold this power. Doesn't mean they need to use it. They hold to power to reform the federal reserve. To audit the federal reserve. To make the federal reserve accountable to the American people.

[BADecker]

...

They hold this power. Doesn't mean they need to use it. They hold to power to reform the federal reserve. To audit the federal reserve. To make the federal reserve accountable to the American people.

Abolishing the Fed will only serve to bring chaos to the whole money system. However, there will be worse chaos if the Fed Ponzi fails as all Ponzi's do.