You literally used the same words and came to the same ascribed conclusions. That fed independence is on the verge of being lost. And in your mind once Powell is gone this will mark some great shift in US fed credibility. Causing 40 year highs in inflation few years ago didn't do it for you or the people you are parroting it's the big bad orange that will cause it !
You are getting triggered because of some passing mention of Trump, do you have TDS or something? He's irrelevant to what I'm saying
My point is that it is very possible to ruin the USD in our lifetime, saying it's our children's problem ignores the immediate danger. Within years is possible. Trump could appoint a great fed chair and everything might be great. Trump could appoint his son and cause a major bond reversal
Fed credibility is not what you think it is. You and me probably think politicians aren't credible. When people talk about fed credibility what they are really talking about is "is the global market willing to buy US debt at low rates?"
That confidence has nothing to do with what you and I think. If fed loses credibility then people will not buy debt that is likely going to lose them money. They will demand higher rates or they won't buy
This post was edited by dannywanghere on Aug 7 2025 02:54pm