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Click On Picture To See Larger PictureThe [DS]/[CB] created a system that enslaves the people and keeps them in fear of government shutdown. People are not falling for it anymore. The [CB] system is exposed. The Fed cannot own gold or Bitcoin. Trump wants to get rid of the debt ceiling, when was the debt ceiling put into place, right after the Fed was created. The [DS] time is almost up, the patriots are in control and the [DS] is struggling to keep their system intact. They will push everything they have to stop Trump, something big is coming. Elon Musk says the quiet part out loud, they we need to remove the corrupt or nothing will change. He said it had to be this way. Sometimes you must show the people the truth, the people must see it so we can fight, fight, fight to keep the country.
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Economy
https://twitter.com/RepAndyBiggsAZ/status/1869747690449596504
https://twitter.com/elonmusk/status/1869792804647645416
https://twitter.com/KobeissiLetter/status/1869460638164201865
https://twitter.com/JonErlichman/status/1869580601097171035
https://twitter.com/disclosetv/status/1869498415316607196
https://twitter.com/disclosetv/status/1869475920534462962
The Federal Reserve's ability to own gold and Bitcoin is guided by specific legal frameworks and historical practices:
Gold:
The Federal Reserve does not own gold. Since the Gold Reserve Act of 1934, the Federal Reserve has been required to transfer all its gold to the U.S. Department of the Treasury. In exchange, it received gold certificates, which are not redeemable for actual gold but represent the gold held by the Treasury at a statutory price. The Federal Reserve Bank of New York acts as a custodian for gold owned by various entities, including the U.S. government, but does not own this gold itself. Thus, the Federal Reserve cannot own gold directly but can hold gold certificates as part of its balance sheet.
Bitcoin:
The Federal Reserve is not legally allowed to own Bitcoin or any other cryptocurrency directly. This aligns with the broader regulatory stance that the Federal Reserve, as a central bank, focuses on monetary policy and the stability of the U.S. dollar, not on holding speculative or digital assets like cryptocurrencies. However, there have been discussions and proposals, particularly from some political figures, suggesting the establishment of a "Strategic Bitcoin Reserve" where Bitcoin would be purchased by the Treasury or another governmental entity, not directly by the Federal Reserve. These proposals often aim to treat Bitcoin similarly to strategic reserves of other commodities like gold or oil, but they would not involve the Federal Reserve owning Bitcoin.
https://twitter.com/BitcoinMagazine/status/1869504734882934852
https://twitter.com/TheBTCTherapist/status/1869507247526793481
https://twitter.com/disclosetv/status/1869754948516446307
Yes, Donald Trump did advocate for getting rid of the debt ceiling. In a phone interview with NBC News on December 19, 2024, Trump stated that getting rid of the debt ceiling entirely would be the "smartest thing [Congress] could do" and that he would support that entirely.
Its called the debt ceiling for a reason, when we go back to sound money can the corrupt just borrow, no. If they cannot borrow do we need a debt ceiling. nO
The concept of the debt ceiling in the United States was created with the passage of the Second Liberty Bond Act of 1917. This act was signed into law by President Woodrow Wilson on September 24, 1917.