Join Nostr
2025-07-24 21:56:04 UTC
in reply to

ˈdälfən™🐬 💥 🌊 on Nostr: /5 🧵 #USPol #USFed Having Trump in charge of the US monetary system / central bank ...

/5 🧵 #USPol #USFed

Having Trump in charge of the US monetary system / central bank (and its federal branches) is a terrifying notion.

Take, for ex, what happened when Erdogan tried to politicize Turkey’s central bank.

And the #USA president already has exorbitant power to appoint the Fed Chair & Board (they must be Senate-approved, but #Trump threatens Republicans to approve them). 

~Turkey took control of its central bank like Trump wants to. It was a disaster~

https://qz.com/trump-federal-reserve-jerome-powell-turkey-central-bank