Some do get it and understand economics very well but sound policies aren’t allowed at the Fed. Greenspan is one example and his actions at the Fed went directly against the sound principles that he understands and holds to be true to this day.
He got a lot right in his 1966 essay: Gold and Economic Freedom
https://www.constitution.org/mon/greenspan_gold.htm

Don’t fall for the myth that the Fed was ever intended to serve the people. It’s about power and it does exactly what it was designed to: transfer the wealth of the masses/society to an elite few. (It’s funny how the Republican half of the neocons call themselves conservatives despite their reliance on the Marxist institution for their war funding.)

Well, I think some do; most recently as I pointed out several days ago, Boston Fed President Eric Rosengren. But by and large, the Fed as an institution (notwithstanding Chairman Powell’s gallant and proper, but doomed normalization effort for most of 2018) has embraced that “third mandate” – the markets.
As I wrote in the last issue, part of Powell’s own 180-degree turn is that he now basically acknowledges that the Fed is the de facto central bank of the world. Even though economic statistics in the U.S. by and large do not support the case for a rate cut now, the greater stress and weaker economies elsewhere do support it.
As I’ve already warned, the Fed taking these halting, double-minded steps now in the easing direction probably won’t be enough to take the steam out of the dollar which—if it hasn’t already done so by the time the F.O.M.C. meets—will probably hit yet another new high for this move afterward. So of all things, the Fed next week may do more harm than good (with yet a reversal of the recent reversal in the yield curve I wrote of last issue as well) it its 25-basis point cut isn’t CLEARLY seen as the first of several to come.
Remember too that—in this overstretched fractional reserve system— the Fed and other central banks almost can’t allow recessions if they can be prevented. There is so much debt, on top of debt, on top of debt that even a garden-variety one would cause so much contagion as to bring everything down. One irony, of course, is that by their interest rate suppression and money printing to this point the banks have not only made imbalances, oversupply and shaky debt worse. . . but they have arguably spent most or all of the “ammunition” they might otherwise have to at least mitigate a coming downturn’s effects.

Shock and Awe Needed to Un-Invert the Yield Curve: Half-Point Cut Not Enough

by Mish – 3 days ago

https://moneymaven.io/mishtalk/economics/shock-and-awe-needed-to-un-invert-the-yield-curve-half-point-cut-not-enough-d62kIhEUGE6fy-3l-Nw2xg/

https://www.zerohedge.com/news/2019-07-25/tyranny-police-state-disguised-law-and-order
No matter how you rationalize it, the lesser of two evils is still evil.

So how do you fight back?

How do you fight injustice? How do you push back against tyranny? How do you vanquish evil?

You don’t fight it by hiding your head in the sand.

We have ignored the warning signs all around us for too long.

As I make clear in my book Battlefield America: The War on the American People, the government has ripped the Constitution to shreds and left us powerless in the face of its power grabs, greed and brutality.

What we are grappling with today is a government that is cutting great roads through the very foundations of freedom in order to get after its modern devils. Yet the government can only go as far as “we the people” allow.

Therein lies the problem.

The consequences of this failure to do our due diligence in asking the right questions, demanding satisfactory answers, and holding our government officials accountable to respecting our rights and abiding by the rule of law has pushed us to the brink of a nearly intolerable state of affairs.

Intolerable, at least, to those who remember what it was like to live in a place where freedom, due process and representative government actually meant something. Having allowed the government to expand and exceed our reach, we now find ourselves on the losing end of a tug-of-war over control of our country and our lives.

The hour grows late in terms of restoring the balance of power and reclaiming our freedoms, but it may not be too late. The time to act is now, using all methods of nonviolent resistance available to us.

“Don’t sit around waiting for the two corrupted established parties to restore the Constitution or the Republic,” Naomi Wolf once warned. Waiting and watching will get us nowhere fast.

If you’re watching, you’re not doing.

Easily mesmerized by the government’s political theater—the endless congressional hearings and investigations that go nowhere, the president’s reality show antics, the warring factions, the electoral drama—we have become a society of watchers rather than activists who are distracted by even the clumsiest government attempts at sleight-of-hand.

It’s time for good men and women to do something. And soon.

Wake up and take a good, hard look around you. Start by recognizing evil and injustice and tyranny for what they are. Stop being apathetic. Stop being neutral. Stop being accomplices. Stop being distracted by the political theater staged by the Deep State: they want you watching the show while they manipulate things behind the scenes. Refuse to play politics with your principles. Don’t settle for the lesser of two evils.

As British statesman Edmund Burke warned, “The only thing necessary for the triumph of evil is for good men [and women] to do nothing.”

For too long now, the American people have rationalized turning a blind eye to all manner of government wrongdoing—asset forfeiture schemes, corruption, surveillance, endless wars, SWAT team raids, militarized police, profit-driven private prisons, and so on—because they were the so-called lesser of two evils.

Yet the unavoidable truth is that the government has become almost indistinguishable from the evil it claims to be fighting, whether that evil takes the form of terrorism, torture, drug trafficking, sex trafficking, murder, violence, theft, pornography, scientific experimentations or some other diabolical means of inflicting pain, suffering and servitude on humanity.

CFTC doing civil action. Should be criminal. Cost of doing fraud for the bankers. CFTC should be charged criminally.

When does it become treason to say anything that exposes Israel?
or will it become treason to boycott Israel?
or not sign a loyalty oath?

Will it become treason to point out the american army defends the poppy fields in Afghanistan or supports terrorists?

Will it be treason for members of congress to attempt not support terrorist bills?

so many things people could be called traitors for.

Liar Mueller…..switches the narrative to Russians…..so, the MIC….can spend more MONEY…..WHAT A JOKE……sheeple need to wake up….

If, you do not believe it……..How about your money…..Constitution …..standing army…
Freedom of speech……

From the European Central Bank
Friday, July 26, 2019

The European Central Bank and 21 other central banks that are signatories of the Central Bank Gold Agreement have decided not to renew the agreement upon its expiry in September 2019.

The first agreement was signed in 1999 to coordinate the planned gold sales by the various central banks. When it was introduced, the agreement contributed to balanced conditions in the gold market by providing transparency regarding the intentions of the signatories. It was renewed three times — in 2004, 2009, and 2014 — gradually moving toward less stringent terms.

Yes ! b ! And know Epstein and the Banking System ! High Banking en Epstein have connection in commodity and Hedge Funds !!!! It’s Big !!!!