Art Laffer: ‘Federal Reserve shouldn’t be independent’

Art Laffer: ‘Federal Reserve shouldn’t be independent’

100 thoughts on “Art Laffer: ‘Federal Reserve shouldn’t be independent’

  1. The way I hear it is we went bankrupt in 1933. The Gold Act took our real wealth and replaced it with credit (debt). So now our only access to funds is to borrow it from the Federal Reserve. we can't print it, we're bankrupt. that's what I hear.

  2. Thomas Edison: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. … It is absurd to say our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people.

  3. The FED IS a BIG DEAL!It IS a CORRUPT INSTITUTION and ANY RIGHT MINDED Person KNOWS IT!There IS NOTHING Federal about the Federal Reserve!Bring It back to WE the PEOPLE but not for CLIMATE CHANGE Horse Hockey!

  4. "Students" at Buffalo University in Upstate NY ran Art Laffer off the campus last week. Wouldn't let him give his scheduled talk. The Laffer curve is racist, I suppose. The Left is agitated and on the march the world over and acting out unlawfully. Governor Andrew Cuomo continues to look the other way!

  5. …'46 to '51 a branch of the treasury? Huh… what happened?
    The IRS was also created in 1913. Rothsshields, Rockerfellows…

  6. Lots of cheap money going around in a time of unsustainable debt and these loser feds care about climate change. Smh.

  7. WOW! I haven’t seen the democrats this mad since the republicans took away all their slaves and gave the black man the right to vote. Geesh! what’s next?

  8. The Fed will cease to exist soon, and we're going back on the gold standard with deep state cabal out of the picture. Tic Toc Tic Toc

  9. The FED was and is a corrupt notion designed by crooks both in the US and around the world. Here is the simple but most important fact regarding the existence of the Fed: It is UNCONSTITUTIONAL!!!!!!!!! It generates a currency that is totally phony; and gets to charge interest on the fake money that it "creates"1 The evil of the FED has been clearly exposed in non-fiction books since the mid nineteen twenties. Dump the FED now; but allow them to own all of the debt they have generated and saddled the US Citizens with! Restart our monetary system based upon the Constitution. The Treasury coins our money not a pack of corrupt Fiat "magicians"

  10. It was created in a backroom deal in 1913. It is not federal at all! Wilson was a traitor and the Congress are cowards. Our constitution states that Congress controls our money not private investors (parasites).
    Whoever controls the money controls the masses! The Fed is responsible for every devistation, besides natural, that our country has endured since its induction. Abolish the Federal Reserve and the IRS!

  11. Not a big deal America should be making money not 22 trillion in debt at the worst we should break even so where is at $22 trillion oh that’s right the CIA took it

  12. As a human being, living the trash made available by the welfare dependent central banking fed system that feel 's like the world has been living a monetary sewer system that can only protect the inbred rothschild virus and the parasite generated vile invented by this virus " george sorros "is going to continue it's task in the murdering of many of us a GOD created human.

  13. It's been a long time coming, should have never been independent, where the fed answers to no one. no more ripping the tax payers off by corrupt politicians. checks and balances soon to come.

  14. YES!!! The Federal Reserve is a private institution with practically no governmental oversight. They are the main culprit in our current financial situation. They are allowed to print money out of thin air, loan it to the government and banks, and earn interest on it. They are the single biggest Ponsy scheme the world has ever seen!

  15. They are answerable to no one Greenspan said. The Federal Reserve must be 100 percent Nationalized. It must be a part of the US Treasury. A group a mystery men is charging the USA interest because they hijacked the right of the USA to print its OWN CURRENCY.

  16. It should be closed down. There is no reason for this to exist. They aren’t in the Consitution so they need to be gone.

  17. Talking about the real Swamp Art Laffer suggesting to give more power to Trµmp to enable him to enforce more financial policies for the top 1%.

  18. The federal reserve equals global slavery to Israel. Who really owns the federal reserve? Israel. Through the zionist Rothschild family. Wipe out the federal reserve then wipe out Israel.

  19. Are these two that DUMB???
    Don’t they know who owns the FED???
    This cesspool should have NEVER been created.
    Wake the hell up and STOP misinforming your viewers over banksters…

  20. It's not federal and there are no reserves. Its a private group who prints your money and charges you interest on it for the privilige.

  21. Hey Art: The federal reserve is an illegal entity that rips off American taxpayers and destroys economies. Abolish the federal reserve. It is not a part of our Republic or our U.S. Consitution.


  23. It is a big deal, a huge deal.
    The fed and terrible politicians/leadership are the main reasons we are financial slaves today. End the Fed.

  24. Charles Payne says he's not a Fed historian. Well, then, he's not an economist. The Fed's independence bespeaks of too much power. Was rammed in over Christmas under Woodrow Wilson because it's heinous and Americans weren't supporting it. Study the origins of the Fed!

  25. The reserve has produced 100 trillion out of thin air more than once and is immune from every banking law ever passed from the start.

  26. "Federal Reserve" is a phony name, it's a bank and It's criminal that whoever actually owns the fed is unknown to the public.

  27. They're a g*d d*mned privately owned bank! The corrupt media and corrupt Congress are treating these fools as if they're the Supreme Court!

  28. Making people accountable for their actions is a great idea. But wouldn't that mean the end of the Democratic Party? How could we codify that alignment into law for politicians? That is probably the real reason Democrats want to impeach Trump. He is the first President in a long time to fulfill his campaign promises.

  29. Between hyper inflation and the average amount of debt Americans are holding they are setting up to crash this country for the globalist agenda

  30. We want to shut it down because I agree with the forefathers paper money is poverty and the thing is they were right all those decades ago

  31. The fed is criminal and illegal and unconstitutional. Period. End the Fed now. Print SOUND money based on GOLD AND SILVER. America and the world has been robbed of its wealth to a few vampire like individuals that PRIVATELY own us all. USERY IS SLAVERY FOLKS.

  32. Get rid of the Private Globalist Bankers in the Corrupt Fed ! The Treasury is all we need. Why should the U.S. Government borrow money from private bankers who print money with no backing ? Then charge the Government interest on that money forever ? Because this corrupt kabol of the rich took over America illegally through corrupt senators with a last minute quarterback sneak on December 23 1913 while the rest of the Senate had left D.C. for Christmas break ! We have been their tax paying slaves ever since. Ban the Fed. Free the people..

  33. Food for thought.
    A Trillion dollars is a massive amount of money. If a person sat down to count 1 Trillion dollars in cash and counted around the clock 24 hours a day 7 days a week until finished , it would take them 32,000 years to count it ! Yeah !

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