Powell Drops the Bomb: Is This the Beginning of the End for the U.S. Dollar?
Strike CEO Jack Mallers didn’t hold back in a fiery response to Fed Chair Jerome Powell’s June 2 remarks. In a passionate video, Mallers declared that Powell had "finally said the quiet part out loud" — the post-WWII monetary system is unraveling, and Bitcoin may be the only way out.
Speaking at the Fed's 75th anniversary for its International Finance Division, Powell acknowledged a pivotal moment in history:
> “The end of the Bretton Woods era fundamentally changed the conduct of monetary policy.”
To Mallers, this wasn’t just a historical footnote — it was an indictment.
> “Before, the Fed defended the peg. Dollars were backed by gold. Then we abandoned the gold standard — and nature’s physical limits. Since then, the world has sucked. Pardon my language — it’s a kids’ show.”
He sensed a shift in tone — a subtle but powerful admission.
> “Powell basically admits their job now is political. Unlimited money printing means they manage leverage, volatility, and chaos — not stability.”
Mallers warned that the public is being softened for major financial upheaval:
> “Mark my words. If Powell hints at a 4% inflation target — boom. If the Fed starts funding the U.S. government through yield curve control — boom. These are the breadcrumbs. More are coming.”
This wasn’t just about policy — it was existential:
> “Wall Street can’t replace Chinese or Russian buyers. You let them lever up, but you have to kill volatility. Micromanage everything — until it all breaks.”
His closing words were blunt and prophetic:
> “The monetary regime is changing. You don’t get many of these moments in life. Bitcoin is going to be huge.”
#Powell #BTC #BitcoinStandard #EndOfDollar #PCEMarketWatch #JackMallers
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