- cross-posted to:
- economics@lemmy.world
- cross-posted to:
- economics@lemmy.world
For months, Mr. Trump has privately fretted about the prospect of a Great Depression-scale event’s happening on his watch — a scenario he shorthands in conversations as “1929.”
Basically Powells quasi-independence from Trump is one of the last strands of hair that gives the US Dollar credibility.
Replace him by just another MAGA brain, and the Dollar will be losing trust like a sieve loses water.