Everything is becoming more political as the days go by (Powell reduced rate even while core inflation was above 3.2% before election)
I understand Powell stance on the wait and see decision
Because definitely Trumps tariff plan is going to push inflation level once implemented.
I think it is already lost. China has taken over the world. For example the Chinese manufacturing exports are already higher than US + Germany + Japan.
China has been leading since 2008
https://www.voronoiapp.com/trade/-The-Shift-in-Global-Manufacturing-Exports-US-Germany-and-Japan-Decline-as-China-Rises-4764When it comes to Export, China are undeniably the King.
If Trump sabotages this, it will be very difficult to revert and offset the negative effect.
Bad for the USD, good for bitcoin.
Pure Tyranny. There need to be some check and balances and some office should remain independent of the government.