Donald Trump Wants To Terminate The Federal Reserve And Return The Gold Standard

Donald Trump Wants To Terminate The Federal Reserve And Return The Gold Standard

On Monday, Trump will meet with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute.

There have been reports that Allison is being considered for Treasury secretary.

“I would get rid of the Federal Reserve because the volatility in the economy is primarily caused by the Fed,” Allison said.

He also added:

“When the Fed is radically changing the money supply, distorting interest rates, and over-regulating the financial sector, it makes rational economic calculation difficult, Markets to form bubbles, but the Fed makes them worse.”

Allison also suggested to raise the capital reserves up to 20% assets at the banks.

“We should raise capital standards, but it is even more important to eliminate burdensome regulations — including Dodd-Frank, the Community Reinvestment Act, and Truth in Lending,

It is not 100% sure that they will change and return the “Gold system” but they are surely considering it. Trump is still not sure whether he wants to consider this or not. But if he wants, the owners of the Federal Reserve will have a big problem with it.

Source:>>>>>>Here

Don't forget to follow the Friends Of Liberty on Facebook and our Page also Pinterest , Twitter , tumblr and Google Plus PLEASE help spread the word by sharing our articles on your favorite social networks.

Friends Of Liberty is a non-partisan, non-profit organization with the mission to protect and defend individual freedoms and individual rights.

Support the Trump Presidency and help us fight Liberal Media Bias. Please LIKE and SHARE this story on Facebook or Twitter.

Join The Resistance And Share This Article Now!