Quote from: takuma sato on May 04, 2025, 09:02:21 PM

Trump has capitulated and said that he will not be firing Powell and that he will remain in charge for the duration of the term, as if Trump ever had the ability to fire Powell. Trump is just a clown and thinks he can rule the US as if he was Putin. As far as Powell, he has been doing a good job in achieving a soft landing until Trump started his tariff plan, and so now we have all this volatility that wasn't part of the scenario that he was contemplating so now he has to deal with that and he isn't convinced that lowering rates is the way to go since we don't know what will happen with inflation once tariffs really start kicking in. Rumors say that in May we will see missing products on shelves already so that may be inflationary, and if Powell cuts then we will have even more inflation. Now Powell is trapped trying to guess what he will do.

Powell won't do it, but Trump's new FED chairman will. Just wait until May 2026 to see this happen. Rate cuts are coming whenever we like them or not. That, combined with tariffs, will raise inflation all the way to the moon.

I'm beginning to think the US is on the brink of "hyperinflation". Meanwhile, China and the EU continue to grow without disruptions. They will strengthen economic ties, effectively leading us to a "New World Order". The ECB is cutting rates, while China is moving to other markets to keep its business afloat. Where does that leave the US? Alone, isolated from the rest of the world (America First). At least, that's how I see it. But I could be wrong. Maybe there's "light at the end of the tunnel"? I hope so. These are uncertain times, so anything's possible.