#Metaplanet增持比特币 Trump is really getting anxious this time!
The United States has a debt of 34 trillion dollars, and the interest alone has to be paid back 1 trillion each year, which is equivalent to throwing away the cost of 3 aircraft carriers every day. Seeing that the Federal Reserve refuses to lower interest rates, Trump has flipped the table—threatening to impose a 60% tariff on Chinese goods and even threatening to withdraw from the WTO and sanction European car manufacturers!
This move is simply playing with fire! On the surface, it seems tough on the outside, but in reality, it is self-destructive. Once the news broke, the United States suffered first: stock market crash, corporate layoffs, soaring unemployment rate, and an economic crisis on the verge of breaking out. What is Trump trying to do? He wants to force the Federal Reserve to lower interest rates, save 200 billion in interest, and conveniently boost housing and stock prices to please his backers.
But anyone with a discerning eye can see that this move is full of holes! 70% of the U.S. stock market is made up of domestic investors; crashing the market is equivalent to cutting off their own financial lifeline. What’s even scarier is that if China and Japan stop buying U.S. Treasury bonds, the U.S. government will immediately run out of funds. Someone like Powell, a veteran in finance, how could he possibly be scared by such threats? Monetary policy is not a game.
In the end, Trump is just bluffing. With the 2024 election approaching, does he really dare to collapse the economy? This gamble is clearly a losing game!