The truth behind Trump's "palace coup": Lowering interest rates is the goal!
"Powell won't cut interest rates? Just let him roll!"
Trump's three-day tirade, accusing Federal Reserve Chairman Powell of "endangering the country", forcing him to resign immediately.
The real reason? High interest rates block Trump's path!
Trump calls out: "Interest rates must be cut by 3%, saving trillions in national debt interest this year!"
The Federal Reserve refuses to cut interest rates, Powell insists on "letting data speak", infuriating Trump.
A ruthless move: Using $2.5 billion in renovation costs as "dynamite"
The White House suddenly seizes on the Federal Reserve headquarters renovation overrun by $700 million, accusing Powell of "deceiving Congress"!
Netizens' amazing comment: "The White House spends $200 million to renovate a golf course without a word but targets the Fed's renovation? Clearly looking for trouble!"
Powell's hard-hitting counterattack: The president has no right to move me!
"The law is my shield! I won't leave before 2026!"
Powell directly lays it out: The Federal Reserve chairman's term is legally protected, unless a crime is committed, the president has no right to dismiss.
He further attacks Trump: "Tariff policies push up inflation; otherwise, interest rates would have been cut long ago!"
Congress, courts, and Wall Street collectively support
Supreme Court: There are precedents - the president cannot fire the central bank governor due to policy disagreements;
JPMorgan CEO Dimon warns: "Messing with the Federal Reserve? The dollar will collapse!"
Congressional Republican leader Hill declares: "The president has overstepped!"
The world is shocked: If Powell steps down = a massacre of the dollar!
Deutsche Bank issues an emergency warning: 24-hour market bloodbath!
The dollar plummets 3%-4%: If Powell is fired, the dollar index collapses instantly;
US bond yields soared 40 basis points: Borrowing US money? Pay higher interest first!
Euro and Yen are winning effortlessly: Euro rises to 1.25 against the US dollar, Yen skyrockets to 135.
Is the dollar hegemony coming to an end?
Experts say: The independence of the Federal Reserve is the cornerstone of the dollar; if Trump succeeds, it equals dismantling the dollar's credibility!
Netizens' amazing operation: "Hurry up and buy gold! Bitcoin is also surging!" (Gold price has broken $3500/ounce)
Is history repeating itself? The US steps into the "Nixon trap"!
The tragedy of 1972: Political interference = inflation volcano!
Back then Nixon pressured the Federal Reserve to cut interest rates, resulting in inflation exploding to 14%! Citizens faced prices three times higher for groceries.
Today is exactly the same: Trump pressures for interest rate cuts for elections, experts warn: "Inflation may explode in 2026!"
Conclusion: A gamble that shakes the foundations of the nation
Did Trump win the gamble?
Short-term interest rate cut frenzy, but the dollar hegemony collapses, the world abandons US debt;
Did Powell hold on?
The dollar stabilized, but the White House fears a more toxic move - in September or forcefully push for a "puppet chairman"!
Netizens' amazing prediction: "Biden shouldn't have let Powell be reappointed! Now Trump is sabotaging, and the whole world pays the price!
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