Donald Trump is facing a major problem.
Secret manipulations behind the scenes could lead to an economic collapse and the ruination of his Presidency.
And many believe this is how Obama will get his revenge on Donald Trump.
The Federal Reserve has been at the heart of every economic collapse since its creation.
The unaccountable central bank fueled the housing boom with cheap money and once the bubble burst, printed trillions of dollars to bail out the Wall Street banks that had backed the loans.
The economy was nearly left in ruins.
And now Congressman Ron Paul believes the Fed could be behind a total economic collapse which would occur in the next 18-24 months.
Paul notes any massive recession will have been engineered by the Fed, but the blame will fall entirely on Trump.
The Freethoughtproject.com reports:
“If former Rep. Ron Paul (R-TX) is correct, an Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. That’s because, as Paul stated, the Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.
“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future,” Paul stated. Going so far as to intimate the financial collapse will occur at least some time in the next two years Paul wrote, “It’s unavoidable, and even Donald Trump can’t stop it.”
Paul said Trump will be the patsy for the supposed impending financial ruin. Just like everyone blamed Obama for the financial collapse in 2009, this time, “Trump will unfairly get the blame,” the former Texas representative wrote. Paul bases his comments on reports he says he’s read which concludes that within the next 18-24 months, the collapse will happen.”
Right now the Fed is chaired by Obama appointee Janet Yellen.
She implemented the Fed policies that former Congressman Paul claims will lead to a massive recession.
An economic collapse would have dire political consequences for Trump’s political prospects heading into the 2018 midterms and his 2020 re-election campaign.
Is this how Obama will exact his revenge on Trump for defeating Hillary Clinton and working so quickly to undo his legacy?
Fortunately, Trump has sent signals he is willing to take on the Fed and implement the proper reforms.
As a candidate, he backed legislation – the Audit the Fed bill – to bring much needed accountability to the central bank.
It is so important to audit The Federal Reserve, and yet Ted Cruz missed the vote on the bill that would allow this to be done.
— Donald J. Trump (@realDonaldTrump) February 22, 2016
He’s also criticized their moves as being politically motivated.
But will it be enough?
And will his reforms be enacted in enough time to prevent Obama’s Fed chair from destroying the economy?
