American distorted politics, central bank government doesn't have the final say
加密印钞姬
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Analysis of Trump's Pressure on the Federal Reserve to Cut Interest Rates
Step 1: The US currently owes $34 trillion in national debt and needs to repay $7 trillion in the next six months. With high interest rates, just the interest alone consumes $1 trillion a year, which is equivalent to burning the money for three aircraft carriers every day. Step 2: The only way to resolve this is to cut interest rates. But Federal Reserve Chairman Powell says: "The current unemployment rate is 3.9%, inflation is 3.4%, and the economy is doing well; why should we cut rates?" Step 3: Trump's "Divine Logic": Since the normal route is blocked, why not create some economic issues? Suddenly imposing a 60% tariff on Chinese goods. Threatening to withdraw from the WTO. Threatening sanctions against European car manufacturers.
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