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30 sats \ 9 replies \ @freetx 29 Jan \ on: Trump goes all out! news
The war between treasury and fed is very interesting.
In reading the Executive Orders, the most telling thing was Fed was excluded from all stablecoin talk, it was all to be handled by Treasury.
There is quite a parallel: For last 60+ years congress has outsourced its legislative powers to agencies....now that is turning back because SCOTUS decision (Chevron Deference)
Likewise, for the past 100+ years, Treasury outsourced currency to Fed, now that too is turning back....
Hell yeah
The Federal Reserve Act of 1913 is not constitutional
Milton Friedman wanted to abolish the Fed. Grow the money supply by 2 or 3 percent per year. Done. Interest rates can be set by treasury auctions. Done.
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Super interesting to see these things staring to move! Two years ago I thought we might reach a new communist era... But now there is a swing around! Keep fighting! We might win one day.
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Alternative for America
Alternative for Germany
Alternative for Europe
Alternative for the West
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How Bitcoiners can't see what is going on right in front of them, right in front of their eyes to me is baffling.
Mr. Trump for all his promises is no friend to Liberty.
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Never said that
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says the person who voted for the woman who wants to ban private health insurance
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I think that eliminating legislative delegation to agencies would be the most helpful of all the things he could do. That delegation has made live a regulatory hell for everybody. The laws are the laws as written, not as interpreted by executive agencies. Trump might be able to clean them out, while he is at it.
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There is tremendous potential here.
The way its being handled, is that people (companies) will need to challenge existing regs according to new SCOTUS ruling, which will then prompt a review and if found that there isn't legislative backing it will be voided and congress forced to legislate it.
The potential here is like a decentralized DoS attack the people can do against the administrative state. I really hope this spawns thousands or tens of thousands of simultaneous lawsuits that both invalidates and ties congress into knots.
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Yep, let’s all start tossing great piles of money at the attorneys! That will make us feel good. The thing to do is to just ignore any regulation that you think is done through unconstitutional legislative delegation of authority. It is void from the start.
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