If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank
UnderpantsWeevil @ UnderpantsWeevil @lemmy.world Posts 143Comments 13,454Joined 2 yr. ago

UnderpantsWeevil @ UnderpantsWeevil @lemmy.world
Posts
143
Comments
13,454
Joined
2 yr. ago
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USD is already down 15% to the Euro as of the start of the year.
I think that's what people seem to miss, here. Not the risk of a stock market crash but of a massive inflationary surge as domestic dollars rapidly outstrip natural resources. We're staring down the barrel of Stagflation.