No president wants to deal with the bad press that would come with letting the markets fall by it's own weight instead of inflating balloons to keep it from crashing into the ground as all presidents have done.
But if there is someone crazy enough to do it it could be Trump. He basically has two options:
1) Keep going with the QE's, "save" the stock market, but get critics by the ones that know what's going on.
2) Let markets crash by avoiding more QE's, blame the FED, make it clear to the public that the FED is a pretty obscure thing and work from there.
But let's not get too excited. Trump is most likely another Zionist puppet, so he isn't going to actually do nothing other than some controlled dissidence to keep the Alex Jones fanboys happy.
Agree 100%. IMO Trump will go with number 1 to get reelected. If he does indeed take on the FED he'll go down as the bravest American President ever. Nobody fucks with banks.
no way. trump aides have been confirming the FED chairman's job is safe. trump seems to be backing down; it's a fight he can't win. this is just a dog-and-pony show, a spectacle. trump is just scapegoating like he always does. he constantly makes a spectacle out of blaming others to avoid being blamed for anything (in this case, poor performance in the markets).
the markets have staged a decent recovery so far. i'm guessing that was the climax of FUD for a while.
I'm keeping my hopes up that Trump can at least bring public attention to the FED. If more people become aware of the FED's existence and what the FED really does then maybe in the future The People will do something about it.
The global financial world is screwed.By the way,the FED must print more dollars in order to pump the crypto markets as well.We are kinda screwed,but there is a way out of this.It's called mass crypto adoption.
FED is the god of the global finance and economy.Nobody can touch them.
You're absolutely right. The way to get crypto to fix the current financial mafia system is to get widespread adoption. We need shops, gas stations, landlords and other daily necessity providers to accept cryptos. Then things will begin to shift.
I also think the only way out of this current situation will be for them to print even more debt and screw us even more. Millenials and later generations are screwed, they'll work 20X more than earlier generations just to make up for the monetary theft by bankers.