Ironbat

Trump and Musk have finally revealed their cards; they actually want to take down the Federal Reserve. Recently, the stock market has also dropped, one of the main culprits being the Federal Reserve. Just a few days ago, Federal Reserve Chairman Powell publicly stated that the performance of the American economy is 'quite strong,' and there is no rush to cut interest rates. This guy flips his stance faster than flipping a book, completely different from his remarks before the election. Why did Powell change his tune? It’s because Trump has come to power. Trump had already stated during his campaign that once in office, he would promote a significant interest rate cut by the Federal Reserve to devalue the dollar to revive American manufacturing. The Federal Reserve has clearly stated that it wants to oppose Trump. If Harris were in charge, perhaps they would have already actively lowered interest rates. A similar confrontation occurred in 2018, when Trump strongly demanded that the Federal Reserve cut interest rates, but the other side just glared and ignored him. In this situation, Musk, as the second-in-command, could not stand it any longer, and directly overturned the table, demanding that the Federal Reserve must listen to Trump, even threatening to end the Federal Reserve.