Ed Dowd Appointed Co-Treasurer of RFK Jr.s Campaign

Former BlackRock fund manager and author of "Cause Unknown" enters national politics.

By JOHN LEAKE

Edward Dowd, former BlackRock fund manager and author of Cause Unknown, just announced on Twitter that he has been appointed Co-Treasurer of RFK Jr.’s presidential campaign. As he put it:

I am proud to endorse and be a Co-treasurer for @RobertKennedyJr ‘s campaign to seek the Democratic nomination for President. Freedom first is the key issue for me…Bill of rights defended & a pushback on medical tyranny. Without freedom we got Neo feudalism. Bobby has both Truth & Integrity! You don’t need to agree with him on every issue but without Freedom First we are kicking sand around the sandbox. If you want to donate and get these topics addressed in the 2024 presidential campaign link is here https://kennedy24.com/donate

A few days ago, Ed sat down with me for a couple of hours on Maui to talk about war, pandemic countermeasures (a form of warfare) and the international monetary & banking system. Central Bankers and profligate politicians seized COVID-19 as an opportunity for creating trillions out of thin air and giving it to various interests who’d positioned themselves to benefit from the emergency. As he provocatively put it:

Our financial system needs the occasional war in order to inflate its way out of the untenable debt that it persistently creates. When SARS-CoV-2 arrived, our government responded to it exactly as it would respond to a total war with a foreign military adversary.

It seems to me that the legion of knucklehead economists at the Federal Reserve must now contend with inflationary monster they created when they printed trillions of dollars for knucklehead politicians who severely impaired innumerable supply chains and the labor market with their stupid pandemic response.

At the risk of appearing to toot my own horn, I predicted this in March of 2020, and expressed the opinion that working class people and retired people on fixed incomes would eventually be ruined by inflation if our government didn’t quickly cease its reckless debt creation and supply chain destruction.

Ed is concerned that the entire mess is now at risk of collapsing into a deflationary spiral, to which the same parcel of criminally insane morons will be tempted to respond by generating another pandemic or war with a foreign adversary.

It’s always a great and enlightening pleasure to talk with Ed, with whom I share many instincts, though none of his keen understanding of finance. I’m sure he will be of great service to RFK Jr.’s campaign.