Loading ...on Warsh …
This summary is on the money
https://x.com/NoLimitGains/status/2017207645682209249
Since 2008, the Fed hasn’t just been a central bank.
It became the market’s guardian angel.
Injecting liquidity the moment things got scary.
Protecting asset prices.
Warsh is the biggest critic of this model.
His view is simple:
If a market cannot correct, it’s not a market.
Warsh believes the Fed has gone rogue.
It expanded beyond its mandate to become a “universal insurer.”
Appointing him sends a massive signal:
The Fed is returning to its core lane.
– Inflation control
– Banking stability
– NO more automatic market bailouts
This is where it gets complicated.
MUST READ
Here’s the most interesting part of that analysis:
Trump thinks in terms of POWER.
He wants technological domination and reindustrialization.
He needs low rates to finance it.
DO YOU THINK TRUMP WOULD ELECT HIM TO THE CHAIR POSITION WITHOUT EXPLICITYLY KNOWING WHAT HE WOULD DO IN THE NEXT YEAR?
I don’t think he would, and he needs lower rates now…which are going to happen. Will it cause massive inflation, sure, but that’s the way that all govt’s phuck over their populace. It’s the frog in the pot theory….there is no way the USD will be the currency of choice when our debt burden keeps exploding…only way out is to grow GDP faster than debt, and that will require lower interest rates for awhile. Does the new Fed Chair then raise rates to fight the raging inflation, sure…Trump thinks about how he and his views can stay in Power…that’s lower rates currently as he thinks GDP growth will save the midterms…along with getting fraud out of the machines. See FBI raids Georgia voting center on that.
Warsh might not give him that.
“Warsh might not give him that.”
#1 .. that’s why I posted the link .. for those inclined to read further. Good on you.
#2 .. its not for Warsh (or the Fed) to give. Sure, they can try to lower the benchmark. But then watch the 10 year yield RISE in response. Fiscal madness is driving the bond markets, in Japan, Europe, USA, everywhere.
SCREW ALL THIS ANALYSIS
I JUST WANT TO KNOW WTF IS WITH HIS HAIRLINE ?
SHEESH