Trump announces the dismissal of Federal Reserve Board member Cook!
Trump is impressive, intervening in the independence of the Federal Reserve. Once under the control of the little yellow-haired scoundrel, political oppression has lowered interest rates, but this is only temporary. If the independence of the Federal Reserve is broken, its monetary policy will be affected, and the global financial system will choose to seek safety due to this uncertainty, leading to the inevitable withdrawal of funds!
If rates are not cut, we all understand! There is a risk that America's bladder could burst from being held too long.
If you continue to stop the live broadcast, it was once said that 9 adults who opposed the Federal Reserve, 4 met Marx, and 5 were severely injured. If the little yellow-haired one is severely injured or meets Marx, does that mean the crypto-friendly little yellow and the market will come to an end as we think?
At the same time, traditional banks have already stepped up to speak out, stating that the stabilization bill prevents issuers' collateral from earning interest, but stablecoins can earn interest in DeFi and exchanges, bringing the crisis to old money!
In the face of trends and news, the previous technical pressures and supports are no longer effective! When you discover that they are ineffective, what should you do? Besides watching, it’s best not to move! The more you move, the easier it is to lose.