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Trump on Truth Social called Powell a "major loser" and warned that the U.S. economy could slow down unless interest rates fall immediately.
do you think he will be able to push him out? he only has like a year and some change left on his term
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I don't know. Even if he doesn't, his comments are crashing the dollar, which is what he seems to want.
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crashing the dollar
Bears repeating that all wars are currency wars.
My DXY calls are long dated for a reason. Theta's a bitch.
Adding to this, anyone who can't recognize the kayfabe with Powell might be retarded.
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So called stable coins are next.
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Classic. Trump picks losers. He does this a lot for a guy who never makes mistakes.
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Trump is the boss 😎
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Trump is trying to put pressure on Powell...he may succeed, but not with these means. For example, if Trump maintains his "ideology" on tariffs, this could lead to inflation and at the same time unemployment will rise. The impact of these two will force Powell to cut interest rates (only one - inflation or unemployment - is not enough reason for Powell to cut it)
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