Monday, March 30, 2020

Trump The New Fed Chairman

Nationalization of US finance markets are becoming a reality. Also, the potential for the US to create a digital dollar has become a topic of discussion at the highest levels. Change is coming; post covid-19 America will operate significantly different than the one we presently know.

President Trump has felt that the stock market should have been much higher than it was by at least 10,000 points, and the fed was to blame. However, with this plan to nationalize parts of the financial market Trump essentially usurps Chairman Powell. Could this mean that we plan portions of our economy mimicking the Chinese economic system? After all, Neoliberalism has proven to be more destructive than helpful. It’s time for us to stop acting like a maid for the world and rather focus on getting our house in order. The age of America First is here to stay (hopefully).

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