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As Federal Reserve Challenges Trump’s Economy, States Push Back With Laws Strangling Fiat Currency

The Ron Paul-approved legislation comes as President Trump has publicly sparred with the Federal Reserve.

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Kansas Gold Silver Federal Reserve

While the Federal Reserve continues manipulating interest rates in what many consider moves designed to strangle President Donald J. Trump’s roaring economy, Kansas and other states are attempting to pass legislation that would strangle fiat currency.

Kansas House Representative Michael Capps introduced legislation HB 2285 forcing the state of Kansas to recognize precious metals, such as gold and silver, as an official currency within the state. This would keep these precious medals from being taxed at the state level, and allow Kansans to bypass the seemingly anti-Trump Federal Reserve by using an alternate currency for economic transactions and stores of wealth to protect their savings from Federal Reserve meddling.

This legislation comes as President Trump has sparred frequently with the Federal Reserve, which has began to raise its historically low interest rates only as the President Trump’s economy begins to soar. In December of last year, President Trump declared that “The only problem our economy has is the Fed,” and said they “don’t understand” the economic issues the nation currently faces.

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Former Texas Representative Ron Paul has endorsed the bill through his organization Campaign for Liberty, telling supporters the legislation will prove vital to dismantling the Federal Reserve’s stranglehold on the American economy.

“The Kansas Legal Tender Act would ensure a smoother transition from the Fed’s fiat currency by allowing a competing currency and legalizing gold and silver as money again,” wrote Paul in an email sent to Campaign for Liberty subscribers, “And precious metals can help protect you against the continued devaluation of Federal Reserve Notes.”

Paul also noted that while the Federal Reserve is able to manipulate the value of the American dollar, or Federal Reserve Notes, the value of precious metals has remained constant.

“In reality, gold and silver are simply excellent stores of wealth, maintaining purchasing power over time,” explained the former congressman, “Unlike the Fed’s currency that loses value over time simply because the Fed can create virtually as much of it as it wants to for free.”

“By recognizing precious metals as legal tender, Kansas legislators will help ensure you are able to survive the next inevitable recession caused by the Federal Reserve.”

Should the bill receive a committee hearing from Kansas Taxation Chairman Steven Johnson, it will then need a favorable vote to continue to the Kansas House floor before proceeding to the Senate.

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FLASHBACK: Before the COVID-19 Scamdemic, China and Wall Street Bankers Pined for ‘Cashless Society’

This is no conspiracy theory.

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Throughout the COVID-19 pandemic, a peculiar war on cash has emerged, including news of a coin shortage that never quite made sense, which has some individuals thinking that the crisis is being exploited to usher in the “cashless society.”

The fake news media on cue has jumped into action to call anyone who expresses this notion a “conspiracy theorist.”

“Coins aren’t being circulated because businesses are closed and sales are down during the pandemic. And the government isn’t pushing the U.S. into a cashless society, either,” the Associated Press declared.

“We rate the claim that a “cashless” society would have zero cash, meaning money would be fully digital, fully traceable and fully controlled PARTLY FALSE as some of the claim was not supported by our research,” the USA Today wrote in their supposed fact check about the cashless society.

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However, before the COVID-19 pandemic hit, Wall Street banking elites openly bragged about how they pined for a cashless society.

“We want a cashless society,” said Bank of America CEO Brian Moynihan last year at Fortune’s Brainstorm Finance conference, explaining that the financial system is “already digitized” and the cashless society is right around the corner.

“The business has moved digitally and it will continue to move that way. It’s just figuring out how to add the value,” he added.

JP Morgan also released a white paper celebrating how Europe is rapidly going cashless, calling the trend a natural progression from paper-based monetary units.

“PayPal and Apple’s publicly reported growth rates suggest that both could potentially be gaining consumer preference and merchant adoption. Digital Wallets directly address consumer security and help push toward a true cashless society,” said Brian Gaynor, Executive Director, Head of Product and Strategy Solutions at J.P. Morgan Merchant Services in Europe.

“For example, PayPal holds my card data centrally and keeps me from having to trust multiple e-commerce sites or apps with my full primary account number. Apple Pay does the same,” he added.

It should come as no surprise to anyone that the red menace is leading the way toward a cashless society. China has led the way on smart cities, social credit scores, weaponizing search engines to be tracking devices, and various devious technological innovations meant to crush the spirit of its citizenry.

China’s aggressive moves toward cashlessness are already causing problems for tourists and native citizens alike with society punishing those who resist the transition, as the Wall Street Journal has explained:

Travelers have had more luck on Alipay, which introduced a seven-step process last week that requires visitors to submit passport and visa information to Alipay, before loading money using an overseas card onto a prepaid card.

In a bathroom near the Great Wall recently, Catherine De Witte, a Belgian marketing consultant, was getting frustrated. She waved her hands in front of a high-tech toilet-paper dispenser, jammed her fingers into the slot and finally pounded on the machine. She wasn’t amused when she saw the QR code.

“You really need the restroom, and the restroom only gives you toilet paper if you can do something strange with your phone,” she fumed.

Once the cashless society is achieved, the ubiquitous tracking of every commercial transaction will become possible. The mark-of-the-beast microchips may not even be necessary at that point to achieve total centralized control. This is why China, globalist banking interests and the Washington D.C. swamp are pushing this notion, and the COVID-19 pandemic is the crisis they are using to accelerate this sinister agenda against economic freedom.

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