Welcome to today's Brief Intelligence Session.We have a headline that Elon Musk reposts, a call to end the Federal Reserve Bank.
00:30
Elon Musk appeared to support a call to end the Federal Reserve Bank in the United States after reposting a tweet from Utah Senator Mike Lee, who called for greater executive oversight over monetary policy and abolishing the central bank.
00:47
I agree 100 trillion percent.But be careful, Mr. Musk. You start pushing to eliminate the Federal Reserve Bank, they will definitely JFK you too.
01:09
Lee argued that Federal Reserve Chairman Jerome Powell's recent assertion that he would not resign from his post even if asked by incoming President Donald Trump represented an out-of-control system. Lee wrote via his social media account.
01:27
The executive branch should be under the direction of the president.That's how the Constitution was designed.The Federal Reserve is one of many examples of how we've deviated from the Constitution in that regard.
01:43
Yet another reason why we should end the Fed.Yeah, the Federal Reserve is private.It's a private bank. It's a criminal enterprise.Constructed and architected on... Jekyll Island.Jekyll Island.
02:14
Lee's call to abolish the Federal Reserve Banking System in the United States represents a growing sentiment among sound money advocates and Bitcoin maximalists who argue that centrally managed fiat currencies are prone to monetary inflation and currency devaluation.
02:33
Oh, I agree 100 trillion percent.So, That concludes that brief news flash.Elon Musk's reposts a call to end the Federal Reserve Bank.Till next time, Shalom Aleichem.
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