Is the century-old central bank about to change? 🤯 The era when the Federal Reserve dares to say no to the president may really be coming to an end!
Everyone knows the Federal Reserve's greatest strength is its "independence"; it was established in 1913 to prevent the president from printing money recklessly. The core decision-making body consists of 12 members who vote on interest rate hikes and cuts, but only 7 board members are the real power players — serving 14-year terms, even the president can't intervene. 🛡️
But Trump surprisingly placed 3 of his own people in there! If he gets one more in, he will have a majority in the 7-member board. Plus, the chairman of the Federal Reserve is also his appointee… which means Trump has a firm grip on the steering wheel of monetary policy. 💥
What does this mean?
1️⃣ The era of easy money is here! Trump loves low interest rates, the pressure on U.S. debt can be temporarily eased, but it will inevitably lead to rampant money printing 💸
2️⃣ Commodities and energy are set to soar 🛢️📈
3️⃣ Warning for a collapse of the dollar's credibility! Once the Federal Reserve becomes a political tool, who will still trust dollar assets? Global capital may accelerate its exit 🏃♂️
Who is most likely to take over? The Renminbi!
Recently, when the market got chaotic, the Renminbi surged by 436 points in a single day, and the exchange rate is about to break 6! 🚀 Among the reserve currencies of various countries, the share of the Renminbi is definitely on the rise.
Trump is digging a pit for the dollar's hegemony… The timing for the Renminbi is getting better and better. 🌏$BTC
#美联储何时降息？ #美元霸权 #人民币崛起 #宏观趋势 #币圈热议
(For reference only, not investment advice~)
