Donald Trump, who called for an audit of the Federal Reserve, has gotten zero donations from the Fed unlike Hillary Clinton and Ted Cruz, the latter of whom skipped a recent audit vote.
Federal Election Commission data reveals that Fed employees have donated over $18,000 to Clinton, $2,000 to Cruz, $750 to Rubio and $0 to Trump.
Trump previously said it was important to audit the Fed and even called out Cruz for skipping a vote on Sen. Rand Paul’s “Audit the Fed” proposal back in Jan.
It is so important to audit The Federal Reserve, and yet Ted Cruz missed the vote on the bill that would allow this to be done.
— Donald J. Trump (@realDonaldTrump) February 22, 2016
Trump also previously accused Fed Chair Janet Yellen of keeping interest rates low as a favor to President Obama.
“He’s not a big fan of the Fed,” Trump insider Roger Stone pointed out. “He is scaring the central bankers; he is scaring the Washington/Wall Street/D.C. consultant/lobbyist class.”
“He’s deeply suspicious of the Fed and I think he is open-minded about the Fed… I’d suspect you’d get an audit of the Fed [with Trump].”
It’s no coincidence that the national debt began to accelerate when the Federal Reserve Act was passed in 1913, which practically gave the government unlimited funding at the expense of the American public who are unaware they are paying for it through a hidden tax called inflation.
“Over the century that followed, the U.S. has gone from being the biggest creditor in the world to its biggest debtor,” financial analyst Simon Black wrote. “Decades of expanding government programs, waste, endless and costly wars, etc. have racked up such an enormous pile of debt that it has become almost impossible to pay it down.”
But due to the nature of the U.S. fiat monetary system spearheaded by the Fed, if everyone paid back all debt in existence, there wouldn’t be any money left because money is only created the instant it’s borrowed and it vanishes when the debt is paid.
“Someone has to borrow every dollar we have in circulation, cash, or credit,” financial expert G. Edward Griffin wrote in The Creature From Jekyll Island. “If the banks create ample synthetic money we are prosperous; if not, we starve.”
“We are absolutely without a permanent money system.”
“When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible — but there it is,” he added. “With the knowledge that money in America is based on debt, it should not come as a surprise to learn that the Federal Reserve System is not the least interested in seeing a reduction in debt.”