#TrumpVsPowell Trump vs. Powell: The Reality Show No One Asked For

In today's episode of "Monetary Policy: MAGA Edition," Donald Trump is supposedly toying with the idea of firing the Fed chairman, Jerome Powell — again. Why? Because Powell refuses to play along and cut interest rates as if it were 2020 again. Even worse (according to Trump): the Fed had the audacity to suggest that inflation might persist. How dare they.

Trump, who seemingly believes that the economy should bend to his tweets, is frustrated that Powell won't speed things up before 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-cutting machine, we could see a dollar diet and a crypto sugar rush. But if inflation spirals out of control and the Fed becomes a political puppet? Well, hodlers might want to prepare.

Because nothing says "store of value" like a decentralized asset in a world where even central banks are in debate.

Stay irrational, folks.