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Trump Fires Fed Member Lisa Cook, U.S. Dollar Plummets

  
Via:  John Russell  •  last year  •  15 comments


Trump Fires Fed Member Lisa Cook, U.S. Dollar Plummets
 

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Trump fires Lisa Cook in an unprecedented move, and immediately the US dollar sinks against the Yen (in red), the Euro (teal), and the British Pound (purple). Stocks are also sorting it out, but down around a quarter point. Point is: Markets don't think this is move helps American business.




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JohnRussell
Professor Principal
1  seeder  JohnRussell    last year

Trump better be careful because if the stock market opens their eyes and sees he is mentally unstable there is going to be real trouble. 

 
 
 
TᵢG
Professor Principal
1.1  TᵢG  replied to  JohnRussell @1    last year

The market, I believe, has already determined that Trump is a nutcase.   This has been assimilated.   Thankfully.

But Trump can still take actions that will destabilize the market.   It really is amazing (but I am happy) that the market is doing as well as it is.

 
 
 
JohnRussell
Professor Principal
2  seeder  JohnRussell    last year
@xray_media
·
Automated
The admin plays Jenga with economic institutions—each loyalty purge weakens the structure until global markets hold their breath. Who knew replacing expertise with obedience would make the dollar tremble?
Monday's firing of Cook—first Black Fed governor with 13 years remaining—triggered immediate 0.45% dollar plunge against yen & euro. Since Trump's Aug 20th resignation demand, DXY index tanked 2.25% annually as Powell folded at Jackson Hole. Marc Chandler's Aug 20th warning rings true: markets punish political meddling, with sterling breaching 1.35 while admin installs housing cronies. Economic arsonists always deny smelling smoke.
 
 
 
JohnRussell
Professor Principal
3  seeder  JohnRussell    last year

This is the first time in the 112 year history of the Federal Reserve Board that one of the members has been fired. 

 
 
 
TᵢG
Professor Principal
4  TᵢG    last year

Yet again we see Trump using (alleged) foul play as an excuse to fire / go-after someone.   Trump, a convicted felon based on fraud, must have earned the hypocrisy of the decade award by now.

 
 
 
JohnRussell
Professor Principal
4.1  seeder  JohnRussell  replied to  TᵢG @4    last year
Trump, a convicted felon based on fraud, must have earned the hypocrisy of the decade award by now.

By now, he knows the cult doesnt care. 

 
 
 
Igknorantzruls
Junior Quiet
4.1.1  Igknorantzruls  replied to  JohnRussell @4.1    last year
By now, he knows the cult doesnt care. 

Well, when they see their investmont Dollars evaporating cause Trumpy da clown wants to play banker king, I believe they might sing, another tune, cause parting with their fun tickets cause Trump can't help but fiddle with the spigots is gonna leave a mark. Also might leave a euro and a yen, beatin up on that dollar yet again, but Trump will spin it another wa, just as he does for his followers every day. This is gonna damage our credibility pretty damn well, and he doesn't care cause he has placed"yes' men all around he, and he's too stewpid to see anyway that might be correct, cause he'd rather die than let it be known, he's dumber than a bucket of rocks handed out at the entrance of his Glass Steagle White Power House of Panes, as his logic falls under insanes, asz the Trumpster Reigns, weigh moore will become pours it on thick, butt, watt else can be heard buy this turd, cause he is a complete Dick tater twot grabbin America's Back stabbin psycho dabblin in affairs knot of his forte, cause Trump sees things only his way, and his weight is, and has been, bringing US All DOWN, but, nothing to see here as usual, cause they will defend him till their last breath, hopefully it is before our Democracy faves the Death they play down, and accuse us of exagerating, cause whats so big deal about weaponising and attacking any and all who were doing their jobs as Trumps' crew lets him do as he pleases, from tarriffs to taxing diseases , they let him do as he pleases, as in 3rd whirled spin and tactics, as masked men abduct and the military is mobilized to attack the real problems in this country, the weak and the poor, as White Collar Crime is ushered in the back door as his crypto makes it pour, into his coffers and you know it is all pure, and laundered, as he bleaches from East to West while leaching on our tits like it was some young momma's chest, cause crashing our economy will put Epsteins littl list on the back burner, cause when are these apologists gonna Louis Lerner that his crypto crimes today, will wind up our Cryptonight, and possibly many knights, cause the boy ain't wrapped too tight, cause WTF peep holes, how can you be so duped, he's fckn A froot looped and likes token Uncle SAM, but hey, Wam Bam Thank ewe sheep, I'm gonna crash this country into a twisted heap,

beep beep

 
 
 
JohnRussell
Professor Principal
5  seeder  JohnRussell    last year

Howard Nutlick announced today that Trump wants to let 600,000 Chinese college students study in America.  The rationale?  The Chinese students will take spots at the top universities, leaving spots for American students at the less prestigious schools and thereby making sure they have good enrollments. 

 
 
 
JohnRussell
Professor Principal
5.1  seeder  JohnRussell  replied to  JohnRussell @5    last year
@realchasegeiser
·
2h
Did Lutnick really just argue that Trump is letting 600,000 Chinese students into America so Americans will go to worse schools and keep them from closing?
 
 
 
Igknorantzruls
Junior Quiet
5.1.1  Igknorantzruls  replied to  JohnRussell @5.1    last year

that makes a lot of sense for the deporter in chief, let the Chinese in to learn at the best, let America First, be just a cute cliche and thing to say, cause money and power will always be first for he, and still his sheep refuse to see, of well, we know who to thank for our soon to be arriving, if not alreadyhere Hell of a good time showin them libs, how the other half lives

 
 
 
Sean Treacy
Professor Principal
5.2  Sean Treacy  replied to  JohnRussell @5    last year

And people think Trump is about white grievance.  Silly. 

 
 
 
JohnRussell
Professor Principal
5.2.1  seeder  JohnRussell  replied to  Sean Treacy @5.2    last year

I saw the clip, Lutnick literally said that they want to let 600,000 Chinese students in here because doing so will force American students into less prestigious schools, thereby saving them. 

 
 
 
Igknorantzruls
Junior Quiet
5.2.2  Igknorantzruls  replied to  Sean Treacy @5.2    last year
And people think Trump is about white grievance.  Silly. 

Thinking people can see what Trump is no doubt about. what is best for US carries no clout. Wealth and power at any cost, and if not reigned in soon, this country is gonna wind up lost. Yep, he's always taking away white grievances, and handing them to brown and black peoples, how could we have missed that from his ICE efforts to cleanse our country before they eat all the cats, and the dogs 

 
 
 
Sean Treacy
Professor Principal
5.2.3  Sean Treacy  replied to  JohnRussell @5.2.1    last year

Is that consistent with white grievance? 

 
 
 
JohnRussell
Professor Principal
5.2.4  seeder  JohnRussell  replied to  Sean Treacy @5.2.3    last year

Its consistent with him being nuts. 

 
 

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