The public flogging of Jerome Powell is clearly signaling that the Trump administration is eager to merge the Fed and the Treasury so that they can turn everything on turbo without having to worry about an independent Fed chair.
Buy bitcoin.
https://primal.net/marty/the-public-flogging-of-jerome-powell-and-what-it-means
What will be the other headline to distract from the fed/treasury official or defacto merge? Hopefully the "all fluff, no substance" type of distraction rather than something that actually overshadows it.
As an aside, I view the treasury taking over the fed role as a preferred evil. At least they're somewhat elected and accountable.
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