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Trump is so eager to move against Powell, a classic move to kill the chicken to scare the monkey, aiming to completely control the Federal Reserve through personnel and deterrence!
This global financial market’s anchor might be about to break—
The old financial logic: high inflation -> Fed raises interest rates -> economic cooling -> inflation subsides, and market trends are predictable.
The new financial logic: the president needs money / stock market drops -> the president orders to print money -> interest rates forcibly cut to zero -> short-term relief / long-term inflation explosion, must be mixed with the personal will of the "懂王" (King of Knowledge).
When an extreme gambler holds the three powers of military, political, and financial authority, what will happen to the world?
We might see it very soon!