Patriot,

At this point, it's undeniable the deep state is interfering in
our elections in a big way.

But as I discuss in my latest column, which you can read below,
it's not just the FBI and Justice Department and "intelligence"
community who are guilty of election shenanigans to further their
own agenda.

The Federal Reserve has been manipulating politics behind the
scenes for years and may do so again.

As I explain below, had President Trump followed through on his
campaign promise to support legislation to Audit the Fed, he
might not have to worry about the Fed manipulating the next
election too.

Read the column below and take a moment to send a message to
Congress to Audit the Fed!

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And then, after you send your directive, please support Campaign
for Liberty's continued work to Audit (and one day End) the Fed!
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For Liberty,

Ron Paul
Chairman
Campaign for Liberty

Will The Fed End Trump?

Early in 2017, Senator Chuck Schumer stated that then-newly
elected President Donald Trump was dumb to be antagonizing the
intelligence community because "they have six ways from Sunday to
get back at you." Senator Schumer seems to have been onto
something, given the possible involvement of U.S. national
security officials in the various attempts to remove President
Trump from office and then sabotage his reelection campaign.

As powerful as the intelligence agencies are, there is another
secretive government institution that also has great ability to
harm, or help, politicians: the Federal Reserve. By manipulating
the money supply and interest rates, the Fed can cause a
temporary boom or slowdown. As we have seen over the past several
years, the Federal Reserve's money creation will also lead to
rising prices, which can offset any economic benefits the average
American receives from a Fed-created boom.

While the Fed is responsible for boom and bust cycles that plague
the American economy, most people give the credit or blame for a
strong or weak economy to the president and other elected
officials. Partisan politics play a role in this too, like when
Republicans labeled the price inflation created by the Fed's
unprecedented money creation "Bidenflation," suggesting Biden was
responsible.

Since the Federal Reserve's creation, presidents have pressured
the Fed to implement monetary policies helpful to their
administrations. Usually, the Fed tries to accommodate
presidents, which is why economists refer to the political
business cycle. However, the Fed does not always accommodate
presidents. President George H.W. Bush and members of his
administration blamed his 1992 loss on Fed Chairman Greenspan's
refusal to lower interest rates to help the economy recover from
a recession.

Trump, as a presidential candidate, accused the Fed of keeping
rates low in 2016 to help Hillary Clinton. Then, Trump, as
president, appointed Jerome Powell to be chairman of the Federal
Reserve. Trump proceeded to regularly criticize Powell on Twitter
for not lowering interest rates, even though rates were already
at historically low levels. Trump was criticized for trying to
influence the Fed even though almost every president tries in
some way or another to influence the Fed's monetary policies.
Trump's mean tweets certainly do not compare to Lyndon Johnson,
who once shoved Fed Chair William Martin against a wall after a
Fed interest rate increase that would hinder financing of the
Great Society at home and the Vietnam War abroad.

Biden has stated that he would respect the Fed's independence.
So, it makes sense that Powell would prefer four more years of
Biden's silence to four more years of Trump's online attacks. The
desire to help, or at least not hurt, Biden could be the reason
the Fed is signaling it will stop raising rates next year. This
may also be one reason many "mainstream" economic commentators
are saying the Fed has succeeded in bringing down inflation
without throwing the economy into recession.

If President Trump had pushed for passage of the Audit the Fed
legislation, he might not have had to worry about a secretive
central bank undermining his campaign to regain the presidency.
Furthermore, if Trump's opponents really care about protecting
the American people, they would focus on the threats to liberty,
prosperity, and limited constitutional government posed by the
Federal Reserve's fiat money insurrection.
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The mission of Campaign for Liberty is to promote and defend the
great American principles of individual liberty, constitutional
government, sound money, free markets, and a constitutional
foreign policy, by means of education, issue advocacy, and
grassroots mobilization.

© Campaign for Liberty, 2012. Paid for by Campaign for Liberty
and not authorized by any candidate or candidate's committee.

Because of Campaign For Liberty's tax-exempt status under IRC
Sec. 501(C)(4) and its state and federal legislative activities,
contributions are not tax deductible as charitable contributions
(IRC § 170) or as business deductions (IRC §
162(e)(1)).

www.CampaignForLiberty.org


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