Reyli

Oh, Trump is up to something new! This time, he's nominated his chief economic advisor, Stephen Miran, to take a seat on the Federal Reserve Board. The news has the hearts of the global financial community pounding—after all, Miran is no ordinary man. He holds the "Mar-a-Lago Agreement," known as America's "secret to a win-win situation."

This agreement is quite creative, with the main theme being, "I'm good, everyone else is fine." What's the core idea? First, increase tariffs to profit, both enriching the national treasury and forcing manufacturing back to the US. Then, using "security protection" as leverage, pressure allies to buy US Treasury bonds, preferably long-term. Interest? Waive it if possible. Finally, persuade countries with trade surpluses to voluntarily devalue their currencies to help the US address inflation and trade deficits. Wow, this maneuver is a win for the US, while other countries are likely to suffer. No wonder it's been called a "flagrant anti-globalization stunt" and constantly raises the "China threat" theory, exuding a hegemonic air.

When this agreement was first revealed, the financial world went into a tizzy. In the first half of this year, investors fled the US in panic, sending the stock, foreign exchange, and bond markets plummeting, a series of dramatic sell-offs. Only after some lecturing from top figures did Miran finally calm down somewhat.

Now that he's heading to the Federal Reserve, concerns are rising: If he secures the position, or even becomes chairman, the dollar's hegemony will intensify, potentially crippling globalization. What will be the safe haven then? Some say gold and cryptocurrencies will likely remain.

But don't panic too much. His appointment is temporary and expires in January. To put it bluntly, it could be a litmus test thrown by Trump. Regardless, this move is likely to stir up another wave of turmoil in the financial world, so everyone should hold on tight! $BTC #下一任美联储主席人选