Festus
@chosenfestus
TrumpVsPowell 🚨 Round 2: FIGHT ❗ Trump/Powell conflict is nothing new. everything started 7 years ago. 🔴 Portraying himself as Protector of common people Accusing the Fed of being the “biggest threat” to the U.S. economy at the moment, he aligned himself with a majority of his voters who share a negative view of the Feds, especially after the 2008 banks bailout, which protected the banks at the expense of average citizens. 🔴 Display of Power By showing control over independent institutions he increases his authority and his image of decisiveness. 🔴 Centralising Economy Being on a trade war with China, USA's decentralised economy consists a disadvantage for Trump. 🔴 Market Manipulation Just a few words can alter prices by billions. Trump knows that and has used it multiple times in the past to his benefit. End of story: if he comes victorious from his conflict with Powell $TRUMP may go up, since it's his own coin linked to his personality.
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