If the supreme court decides, I wouldn't count on that independence lasting for much longer.
It will probably serve the crazy Republican president as it was designed by Mitch "The Turtle" McConnell.
The institutions are falling like dominoes, it's looking really really grim for democracy in USA.
It's unthinkable, as this would be the final nail in the coffin of USD being the world's primary reserve currency, and with it the debt breaks the country and the ability to print money is instantly ended.
These are not bad things, if done thoughtfully and intelligently over time. This administration is incapable of that.
He will chicken out, but the damage is done to the faith in the US government by our allies, and in the USD.
These are not bad things, if done thoughtfully and intelligently over time.
I don't think you realize the wealth it has given USA to be the #1 global reserve currency by far.
It's a giant economic interest free injection to the entire US economy.
I also don't think it's unthinkable, I think they could very well do it, because that's how stupid they are. The USD is down 15% since Trump became President, And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage. Completely disregarding it makes everybody poorer first and increases inflation.
And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage.
Yes, but also Trump has all his money in shitty crypto tokens and the Crypto Bros have him convinced that if the dollar tanks, $TRUMP will soar vs. the dollar.
Our President is looking to actively tank the dollar for his own personal gain.
26 Comments
Buffalox@lemmy.world · 58 pts · 354d
She is toast, the supreme court is rigged to serve Trump.
bobs_monkey@lemmy.zip · 35 pts · 354d
More importantly, this will serve as a major test to the Fed's independence.
Buffalox@lemmy.world · 29 pts · 354d
If the supreme court decides, I wouldn't count on that independence lasting for much longer.
It will probably serve the crazy Republican president as it was designed by Mitch "The Turtle" McConnell.
The institutions are falling like dominoes, it's looking really really grim for democracy in USA.
ThinkBeforeYouPost@lemmy.world · 11 pts · 354d
How about the Epstein Files TACO?
It's unthinkable, as this would be the final nail in the coffin of USD being the world's primary reserve currency, and with it the debt breaks the country and the ability to print money is instantly ended.
These are not bad things, if done thoughtfully and intelligently over time. This administration is incapable of that.
He will chicken out, but the damage is done to the faith in the US government by our allies, and in the USD.
Buffalox@lemmy.world · 13 pts · 354d
I don't think you realize the wealth it has given USA to be the #1 global reserve currency by far.
It's a giant economic interest free injection to the entire US economy.
I also don't think it's unthinkable, I think they could very well do it, because that's how stupid they are. The USD is down 15% since Trump became President, And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage. Completely disregarding it makes everybody poorer first and increases inflation.
dhork@lemmy.world · 8 pts · 354d
Yes, but also Trump has all his money in shitty crypto tokens and the Crypto Bros have him convinced that if the dollar tanks, $TRUMP will soar vs. the dollar.
Our President is looking to actively tank the dollar for his own personal gain.
Blumpkinhead@lemmy.world · 45 pts · 354d
Lol, it's not just her saying it, as if it's some disagreement. He has no authority to fire her.
lostlittletimeonthis@lemmynsfw.com · 5 pts · 354d
I'm sure a couple of masked agents blocking her entrance will not show up any time at all
Treczoks@lemmy.world · 36 pts · 354d
"Sufficient reason to believe" - Either you have real evidence, or you are just hallucinating again. Most likely the latter.
phutatorius@lemmy.zip · 17 pts · 354d
Authoritarianism is all about "because I said so."
DarkFuture@lemmy.world · 16 pts · 354d
Fascists pray to their fascist god that the people they are attempting to oppress won't push back.
So push back.
subarctictundra@lemmy.world · 5 pts · 354d
In his head:
return2ozma@lemmy.world · -4 pts · 354d
Alexstarfire@lemmy.world · 67 pts · 354d
Might be the most misleading graph I've ever seen and the quality makes it difficult to even realize it's a terrible graph.
assaultpotato@sh.itjust.works · 26 pts · 354d
Drops 20 cents of 146 against JPY, currency must be kill
I honestly do expect this path leads to dedollarization in the long run but truly an absurd graph to make that claim lmao
Chozo@fedia.io · 2 pts · 354d
This should still be sounding alarm bells, tho, shouldn't it? Are these kinds of spikes common in any other scenario?
Alexstarfire@lemmy.world · 5 pts · 354d
It's such a small amount I'd be shocked if it never happened before.
lemming741@lemmy.world · 18 pts · 354d
Default scaling- it was a smaller drop than others in the last 5 days, and came right back immediately.
Mobiuthuselah@mander.xyz · 33 pts · 354d
Scales are important. You can make anything look extreme by manipulating the x or y axis.
atzanteol@sh.itjust.works · 30 pts · 354d
That's the worst screenshot of a graph ever. That could be the price of potatos in pesos dropping by 1 cent for all I can tell.
Lost_My_Mind@lemmy.world · 4 pts · 354d
Oh, it is.
ayyy@sh.itjust.works · 9 pts · 354d
That’s about a half a percentage change. Fuck off with this disingenuous graph.
kikutwo@lemmy.world · -15 pts · 354d
Yo, whatevah house I be at is muh primary one. Edit to add the obvious, if she wasn't busted she would have already released the documents.
ayyy@sh.itjust.works · 3 pts · 354d
You forgot your meds
KumaSudosa@feddit.dk · 2 pts · 354d
Unlike the president who would never do anything illegal!
kikutwo@lemmy.world · 0 pts · 354d
No, the difference is that the laws don't apply to him lol