The Federal Reserve—The Fed—Is supposed to be apolitical…
It’s not.
It’s supposed to be ideological…
It’s not.
You need to watch the shocking video confession HERE
One of the Federal Reserve’s principal economists was secretly caught on camera admitting that the Federal Reserve actively worked to undermine Donald Trump and help Biden.
Here are 5 things you should know…
1) Shocking Undercover video
In a new hidden camera expose, James O’Keefe and his team expose Federal Reserve Principal Economist Aurel Hizamo and Fed Chairman Jerome Powell’s hidden Deep State agenda.
In the video, Hizamo reveals how Powell fought against Trump as president, working to hurt Trump’s booming economy by raising interest rates when Trump asked the Fed to lower them.
2) What is the Fed?
The Federal Reserve was created in 1913 to address economic crises and bank panics and to provide the nation with a safer, more stable monetary and financial system.
The Federal Reserve, or the Fed, is the most powerful economic institution in the United States and perhaps the world.
Its core responsibilities include setting interest rates, managing the money supply, regulating financial markets, conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
Unlike federal agencies that spend tax dollars allocated by Congress, the Fed is self-funding.
According to a report from Reuters, in 2023, The Fed posted $100 billion in losses, paying more in interest to banks on reserve deposits at the Fed than the central bank earns from its roughly $7.5 trillion portfolio of bonds and mortgage-backed securities.
The Fed spends more than it earns by increasing interest rates to control rising inflation—it loses money. And since any profits from the Fed are supposed to go to the US Treasury, when the Fed loses money, the US Treasury loses money.
Currently, the Fed has roughly 23,895 bureaucrats.
3) The Fed is an Ideological bureaucracy
There’s an expectation that the Fed’s policies will not be influenced by their political leanings or ideologies…
But sadly, they are political.
According to a report from the Independent Institute, in recent years, “research and speeches of Fed economists are increasingly focusing on climate change, gender, race, and inequality.”
“Regional Federal Reserve Banks and the Board of Governors of the Federal Reserve have conducted numerous seminars and conferences and published research papers on politically charged topics. Web pages of several Federal Reserve banks’ websites (San Francisco, Atlanta) indicate their commitments to solving economic inequality, climate change, racism, and gender discrimination,” the Institute report said.
The push for the Fed to embrace DEI comes from the Biden administration and radical Democrat politicians and trickles down to national, state, and local banks.
Like all Federal government bureaucracies now, the Federal Reserve has become more interested in instituting socialist/Marxist policies such as DEI (racial issues), ESG, and addressing climate change than attending to the economy.
The Fed’s political activism and ideological biases have also interfered in elections.
As we learn from the undercover video, the Fed undermined President Trump while he was president.
Many industry investors and analysts believe the Fed will likely lower interest rates to help Biden in the 2024 election.
According to a JP Morgan Asset Management report, “the Fed has either hiked or cut rates in every election except 2012, when rates were at zero and the economy was still healing from the financial crisis, Since 1980.”
4) The hidden camera expose
In the explosive undercover video, Fed Principal Economist Aurel Hizamo told the undercover reporter that Fed Chairman Jerome Powell wants his legacy to be that of “somebody who held the line against Trump.” He also suggested that Powell hates the former president.
Hizmo continues on the video, saying, “Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of what we are following… to think about climate change.”
An ardent Biden supporter, Hizmo reveals his contempt for not only Trump but conservatives as well, saying:
“Trump is just a crazy person,” and “Conservatives are dumb. But shhh…don’t tell anyone… I’m just really worried that I’m saying stuff that’s classified…It’s all classified.”
“So, the feeling is this: we don’t want Trump to be in the government, but if he comes, we’re still going to try to the best we can for the country,” Hizmo said. “Now, if he messes up, if he does something stupid, then we have to fix it.”
When asked if he knew any conservatives at the Fed, Hizmo said, “No. There are only academics there.”
5) What’s next?
Expect the Fed to lower interest rates before the election, not to bring down inflation but to help Biden win reelection.
Action Steps:
1) Click HERE to preview James O’Keefe’s undercover video– INSIDE THE FEDERAL RESERVE: Hidden Camera interview with Principal Economist Aurel Hizmo.
2) Learn more about the Fed and Modern Economic Theory. Get my new book, The Great Deception: 10 Shocking Dangers and the Blueprint for Rescuing the American Dream.
Chapter 3, Danger #2: The Growing Economic Crisis—7 Misunderstood Problems That are Crippling Our Economy exposes the seven misunderstood problems crippling our economy, a searing exploration of the perilous path we tread due to economic mismanagement by radical ideological socialist politicians and bureaucrats.
Learn how strategic measures can counteract an impending catastrophe and pave the way for a brighter future.
The Great Deception exposes lies, myths, and distortions from the media and politicians.
It gives you answers and solutions to turning America around…
It allows you to share these dangers and a solution to cutting through the deception with friends and family.
It exposes under-the-radar and little-known behind-the-scenes reasons America is falling backward and how to make it move again.
Click here to get The Great Deception – Craig Huey
You can order the book on Amazon HERE.
Or you can get the audiobook version HERE
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