If Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would be swift and brutal, Deutsche Bank’s George Saravelos argues.

It could collapse the currency and bond markets, he says in a note seen by Fortune. Polymarket puts the chances of a Powell ouster at 19%.

“We consider the removal of Chair Powell as one of the largest underpriced event risks,” Saravelos says.

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[–] 1 point 1 year ago* (3 children)

Which is why I hold it as a long-term store value. The harder they regulate it, the more the strizend effect happens.

I want them to be fucking terrified. I want them to wake up at night in cold sweats screaming their fucking heads off because that's how afraid they are. I want them to have stress-induced heart attacks caused by Monero.

That would be success to me.

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  • [–] 1 point 1 year ago (2 children)

    Yeah, I mean... Good luck with that I guess.

    What really happens when they start arresting people when they find out they have Monero, is a chilling effect and a price crash.

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