CandleFocus

Trump Is On A Collision Course With The Fed. What Happens Next?

Author: Content Editor
Trump Is On A Collision Course With The Fed. What Happens Next?
In this content, the author argues that the notion of an independent Federal Reserve is more of a myth than reality, highlighting the Fed's history of bending to political will and prioritizing deficit spending and economic stimulus over sound money principles. The author criticizes the Fed's unchecked power and manipulation of interest rates, asserting that it has profound consequences for ordinary people, driving up the cost of living and deepening wealth inequality. The author also discusses the Fed's "knowledge problem," where it relies on incomplete economic data and its interventions consistently produce unintended consequences. The content suggests that Bitcoin presents a paradigm shift by rendering the Fed's control over monetary elasticity obsolete and promotes a Bitcoin standard as a way to align the Fed with oversight and accountability. It also discusses President Trump's demands for lower interest rates and warns about potential inflationary pressures. The author concludes by proposing that replacing the Fed's decision-making processes with the Bitcoin protocol would remove the need to trust unelected officials and challenges the status quo of money and economic governance.

Related News