There is a reason that gold is at an all-time high (~$3735). Even adjusting for inflation, it is higher than the 1980 peak following stagflation from the 1970s. Moreover, central bank purchases have been the backbone of the current gold market, with central banks now holding more gold than U.S. treasuries, something that hasn't been the case since 1996. We're witnessing the demise of the dollar as the world's reserve currency in real time.

they know what they're doing. they're lining all the right pockets. it's just that they don't give a fuck about anything else when it comes to 'money'

I think he knows what he's doing, since all he's really doing is stuffing his pockets. Doesn't take a genius to cartoonishly sell out the entire planet's economy for personal gain. I'm sure if he manages to crash the dollar he'll be thrilled to roll out Trumpcoin as the alternative and then rugpull the world a second time.

If Trump takes over the FED, the US economy will go into an absolute tailspin and depression

We're already 900k jobs off the beginning of the year estimate. Add in the tech sector investment in AI failing to pay out 2-3 years later, and Trump's been kicking the shit out of a wheezing horse since he took office.

Trump has no fucking clue what he’s doing on a monetary level and neither does any of his ghouls and cronies.

Lowing interest rates on the eve of a recession has traditionally been a smart move. Much better than the Bush/Greenspan '06 decision to raise interest rates as the housing crisis began to spiral.

But he's plowing all this free money into a jobless crypto/tech bubble. Inviting enormous inflation in tech hardware and electricity, while these companies hemorrhage a bunch of jobs they have decided they don't need anymore.

This isn't just Trump. It's an economy wide death spiral that Trump's being bribed into fueling.

Interest free money for the rich while the supply side of the house is incredibly fucked up, especially in key areas such as fucking food and shelter. What could go wrong?!

I, for one, look forward to the arrested development $15 banana costs after the hyperinflation kicks in!

/s if that ain't obvious

If Trump takes over the FED, the US economy will go into an absolute tailspin and depression.

I think you're completely underestimating what Trump taking over the FED could do. he could literally print arbitrary amounts of money and spend them however he wants. it would basically make money meaningless, and we'd probably go back to trading goods-for-goods after a while, but short-term, it would give trump unlimited economic power and that is a very very very frightening thing.

What does FED stand for?