Recently, former President Trump's remarks have caused quite a stir in the global financial circle. He publicly questioned the independence of the Federal Reserve and even hinted at replacing Powell in May. While claiming "he won't be fired now," he subtly sent a signal—that this power struggle is just beginning.
The international central banking community is unsettled. Central bank governors from Europe, the UK, and other countries have collectively voiced support for Powell. Former ECB President Trichet made the most direct statement: this is an attempt to overturn the past 50 years of international consensus and treat the Federal Reserve as a "cash machine" for the White House. The words are harsh, but they reflect the genuine concerns of major central banks.
If the Federal Reserve truly loses its independence, a series of chain reactions could be triggered. First, the credibility of the US dollar would be damaged, and long-term depreciation pressures would significantly increase. Second, global inflation control could fail, raising concerns about price stability. Lastly, the US's already fragile high-debt structure could become unsustainable if the financing environment suddenly changes, leading to unimaginable consequences.
Citibank issued an interesting warning: this trend of "central bank intervention" could spread like a virus to Europe and the UK. The market currently appears calm, but beneath the surface, there are turbulent undercurrents—US debt remains high, yet the economy relies on low interest rates to sustain itself, and any policy adjustment could become a trigger for a crisis.
Trump dismisses these concerns, claiming he "understands the economy better" than Powell. Rumors suggest he has his eyes on several candidates, including former Fed officials Wacht and former economic advisor Hasset. On the surface, it's personnel changes, but in reality, it's a power struggle over control of the US economy.
Historical experience tells us a rule: whenever the fiat currency system shows cracks, funds seek alternative safe havens. Recently, gold has hit new all-time highs, and Bitcoin has re-approached the $60,000 mark. These are no coincidences but deep market reactions to potential risks.
This battle to defend the Federal Reserve has far-reaching significance. It not only concerns the future of the dollar but could also reshape the global asset allocation landscape. For those paying attention to macroeconomics and the crypto market, this trend warrants ongoing observation.
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LeverageAddict
· 6h ago
The collapse of the US dollar credit is our opportunity. Once the fiat system cracks, funds will inevitably flow into cryptocurrencies. If we don't buy the dip now, what are we waiting for?
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Trump really treats the central bank as an ATM. Next up is the European Central Bank. This is just the beginning of the black swan.
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Those betting that Bitcoin will stabilize above 60,000 indicate that smart money has long seen through this game. What are retail investors still struggling with?
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Once the independence of the central bank is broken, the global financial order is finished. Those holding gold and cryptocurrencies are laughing.
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Citi's warning is not alarmist. If this virus truly spreads, a US debt default is only a matter of time.
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Instead of waiting for policy adjustments to trigger a crisis, why not allocate to alternative assets now? Is there a problem with this logic?
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Powell's fate was sealed long ago. In the power game, no one can truly outsmart politicians; it's all superficial.
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Low interest rates can't last long. If this US debt bomb explodes, who will still dare to hold US dollars as reserves?
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The rise in the crypto market is pricing in this systemic risk. Wake up, everyone.
View OriginalReply0
MindsetExpander
· 6h ago
Really, Trump's move treats the independence of the central bank as a joke, and global central banks are getting anxious.
Fiat currency cracks are widening, no wonder BTC and gold are celebrating.
This is not a power game; it's a life-and-death battle to redefine the credibility of the US dollar.
If the Federal Reserve truly becomes a printing machine for the White House, the dollar's credibility will collapse directly. When that happens, who will still trust fiat currency?
Trust me, stockpile some hard assets. Things are definitely going to get chaotic next.
What does the collective voice of the central banks indicate? It shows that this issue has really touched the bottom line of the entire world.
Trump is still bragging, "I understand the economy better than Powell," haha. This is a typical case of power desire overriding rationality.
With US debt so high, yet still playing politics, a crash is only a matter of time.
Calm before the storm? No, this is the calm before the storm, everyone.
Gold hitting new highs, Bitcoin breaking 60,000, the market is already voting.
If this move succeeds, the global asset reallocation pattern will be completely rewritten, and CPI out of control could really happen.
Critical moment, everyone. Keep watching.
View OriginalReply0
ContractFreelancer
· 6h ago
Is the Federal Reserve losing its independence? When the dollar's credibility collapses, our BTC will have a chance haha
The central banks are really panicking this time. They push the 50-year consensus just like that, this guy really dares to do it
Understand economics? Haha, just look at the crazy rise of Bitcoin and gold to see how the market views this matter
The cracks in fiat currency are becoming more obvious. It's time to allocate some non-sovereign assets, isn't it?
The game of power has gone too far this time. Just wait and see, there are more surprises ahead
ATM? That's a bit too blunt, but this is the reality
Maintaining low interest rates? That means more printing of money. Smart people have already stocked up
View OriginalReply0
RektButSmiling
· 6h ago
Oh my God, are we about to do the Federal Reserve again? Trump really wants to turn the central bank into an ATM.
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Once the dollar credit collapses, we crypto folks will be the real winners...
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Bitcoin breaking 60,000 seems to have a reason behind it.
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Wait, are all the central banks panicking? This signal is pretty strong.
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Basically, it's a power game, and ordinary people's wallets are the ones getting hurt.
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Gold reaching new highs, Bitcoin reaching new highs, the market is crazy hedging.
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I just want to know, if they really replace Powell, will BTC surge to 80,000 or just take off directly?
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U.S. debt has long been a powder keg, now we're just waiting for a fuse.
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Trump: "I understand better than the experts," I've heard this line too many times.
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Cracks in the fiat currency system, alternative assets are taking off—old rules still apply, everyone.
Recently, former President Trump's remarks have caused quite a stir in the global financial circle. He publicly questioned the independence of the Federal Reserve and even hinted at replacing Powell in May. While claiming "he won't be fired now," he subtly sent a signal—that this power struggle is just beginning.
The international central banking community is unsettled. Central bank governors from Europe, the UK, and other countries have collectively voiced support for Powell. Former ECB President Trichet made the most direct statement: this is an attempt to overturn the past 50 years of international consensus and treat the Federal Reserve as a "cash machine" for the White House. The words are harsh, but they reflect the genuine concerns of major central banks.
If the Federal Reserve truly loses its independence, a series of chain reactions could be triggered. First, the credibility of the US dollar would be damaged, and long-term depreciation pressures would significantly increase. Second, global inflation control could fail, raising concerns about price stability. Lastly, the US's already fragile high-debt structure could become unsustainable if the financing environment suddenly changes, leading to unimaginable consequences.
Citibank issued an interesting warning: this trend of "central bank intervention" could spread like a virus to Europe and the UK. The market currently appears calm, but beneath the surface, there are turbulent undercurrents—US debt remains high, yet the economy relies on low interest rates to sustain itself, and any policy adjustment could become a trigger for a crisis.
Trump dismisses these concerns, claiming he "understands the economy better" than Powell. Rumors suggest he has his eyes on several candidates, including former Fed officials Wacht and former economic advisor Hasset. On the surface, it's personnel changes, but in reality, it's a power struggle over control of the US economy.
Historical experience tells us a rule: whenever the fiat currency system shows cracks, funds seek alternative safe havens. Recently, gold has hit new all-time highs, and Bitcoin has re-approached the $60,000 mark. These are no coincidences but deep market reactions to potential risks.
This battle to defend the Federal Reserve has far-reaching significance. It not only concerns the future of the dollar but could also reshape the global asset allocation landscape. For those paying attention to macroeconomics and the crypto market, this trend warrants ongoing observation.