Trump admin is trying to absolutely wreck all the Mrs. Watanabes who haven't gotten into bitcoin yet.
Trump blasts Powell with a handwritten chart:
Says the Fed is “too late.” Demands massive rate cuts. Claims “hundreds of billions” are being lost.
Shared via https://pullthatupjamie.ai
Discussion
This is a hidden attempt to wind down the carry trade and reduce funding of the dollar through foreign governments. This admin has a completely different playbook from the Biden gang when it comes to things effecting monetary policy. This could be a play for more power to the CBDC system, er, stablecoins, and it could be a move toward replacing the Federal Reserve System with a modified version of itself or with a different system of control entirely.