#TrumpVsPowell Trump vs. Powell: The Reality Show No One Asked For
In today’s episode of “Monetary Policy: MAGA Edition,” Donald Trump is reportedly toying with the idea of firing Fed Chair Jerome Powell — again. Why? Because Powell refuses to play along and slash interest rates like it’s 2020 all over again. Even worse (according to Trump): the Fed had the audacity to suggest inflation might stick around. How dare they.
Trump, who seemingly believes the economy should bend to his tweets, is frustrated that Powell won’t pump the gas ahead of the 2024 elections. So, naturally, the former president wants to replace him with someone who thinks “macroeconomics” is just a type of Big Mac.
And crypto? Oh, it’s watching with popcorn in hand.
The more political chaos, the more Bitcoin likes to shine. If Trump returns and reshapes the Fed into a rate-slashing machine, we might see a dollar diet and a crypto sugar high. But if inflation spirals and the Fed turns into a political puppet? Well, hodlers might want to buckle up.
Because nothing says “store of value” like a decentralized asset in a world where even central banks are up for debate.
Stay irrational, folks.✨#PowellRemarks #TrumpVsPowell