Political Quotes

Madison Cawthorn: What do you call a group of unelected, unethical, power-hungry bureaucrats making policy decisions? In many countries…

On the recordSeptember 14, 2022
What do you call a group of unelected, unethical, power-hungry bureaucrats making policy decisions? In many countries, we would call them an oligarchy. In the United States, though, we call them the Federal Reserve, which is funny because the Federal Reserve has no reserves, and they are absolutely not part of the Federal Government. For decades now, the Federal Reserve has diluted the purchasing power of the U.S. dollar, decimated private industry, and divvied up the hard-won earnings of U.S. citizens amongst corrupt power brokers in Washington and Wall Street. Let me be clear: Inflation is, at its root, a monetary fraud, and the Federal Reserve is the biggest counterfeiting operation in American history. This isn't a debate. At this point in our history, it is really no longer even a discussion. Decade after decade, the Federal Reserve has repeated the same cycle of corruption and destroyed our economy in the process. The Federal Reserve buys bonds from the government, printing dollars to finance these purchases. Then they deceive us into accepting this newly printed and inflated paper as currency by making its new dollars look like real currency. This is the very essence of counterfeiting.…
Said by
Madison Cawthorn
North Carolina
Source
govinfo.gov
Sep 14, 2022

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