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Terri Seagull's avatar

This is the latest of Trump’s attack on the Nation. Everything he does is to weaken the USA. He Siphons off money that was slated to keeping our military up to date to keep us safe in these turbulent times. And it must be noted that the turbulence has been manufactured by Trump and his cadre of billionaires. So he’s weakened the strength that we’ve had since the World War by changing the way the world views the USA (there goes the reputation the USA has earned since then). This has affected so much of our lives that it makes us considered unstable and untrustworthy. I doubt the MAGA cult followers still even recognize the impact. Mr. Powell is a national treasure and I hope the citizens who don’t wear that red hat down over their eyes support him. He is a fortress for our economy.

Terri's avatar

Scary, very scary. I hope Jerome Powell stands his ground and doesn’t give up the fight against authoritarianism and Trump.

Benjamin Hill's avatar

My take: Bitcoin = wampum beads for billionaires So once the billionaires assemble all the wampum, they want to make the dollar (tender for the lower classes) worthless through a planned hyper inflation cycle? Only problem is Jerome Powell is standing in their way.

We essentially already have a digital currency in the dollar (very few people carry them anymore), that is widely accepted world wide; the low interest rates scheme/huge debt/and hyper-inflation could quickly change that, and as I see it, the Euro will likely fill in its place.