Trump has said that he would pick the next Fed chair tomorrow. Odds rapidly jumped for Warsh. No matter who it is, nothing stops this train. image

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And we're all aboard! So... Is it just for the drama? The palace intrigue? Is that why we keep one eye on who's at the helm of an organization many of us want to be ended?
Again. Monetary policy is a fraud based on circular logic. Solving problems created by it.
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npub13zcvggl 1 week ago
Does it change anything who's in charge? Bitcoin monetary policy won't change.
One wonders if at this point staffers spread fake news during these processes to make even more bank
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Savvy 1 week ago
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looking at his bio, i would say rather somebody that obeys... 🤷‍♂️
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Mike 1 week ago
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Kevin Warsh (Trump's new FED chair nominee) appears in today's release of the Epstein files. His father-in-law is Ronald Lauder the sole heir to The Estée Lauder Companies and the billionaire behind the Greenland plot who is also doing a Lithium deal with a US govt backed partner in Ukraine. Epstein had claimed he and Warsh were friends in his emails.
The Fed chair selection matters less than people think and more than they realize — just not for the reasons usually discussed. It matters less because the fiscal trajectory is locked in regardless of who sits in the chair. Debt service costs, entitlement obligations, and political spending incentives don't change with personnel. It matters more because the market's reaction to the pick reveals how much credibility the institution has left to lose. When gold is at $4,600 and central banks are stockpiling it globally, the signal is already clear: the train left the station a while ago.
Greenspan talked about fighting inflation in his Libertarian/Objectivist writings, before being appointed fed chairman. It helped smooth the way for his appointment. He ended up being a massive money printer though when it was polically expedient. I expect Warsh's reputation for being hawkish to mean little once he's appointed.