A recent political storm has erupted in the US financial sector. In an effort to push for interest rate cuts, Trump directly targeted Federal Reserve Chair Jerome Powell and even demanded an investigation. This is not just a political spat but a deep-rooted conflict that touches the very foundation of the US financial system.



JPMorgan Chase CEO Jamie Dimon bluntly stated that this is "undermining the independence of the central bank," with fierce language. Trump's response was equally tough: "He is wrong, the Fed is terrible!" Both sides are at loggerheads. A group of three former Fed officials who served six US presidents collectively warned that if political power reaches into the central bank, the demon of hyperinflation will be unleashed, ultimately draining everyone's wallets.

More radical measures followed. Trump announced plans to cap credit card interest rates at 10%, directly hitting the most painful spot for ordinary consumers. This decision has unsettled banking giants. What does the end of the era of cheap credit mean? Credit card rewards and points will become a thing of the past, and borrowing costs will rise sharply. Families already squeezed by 28% high-interest rates will face even greater difficulties.

This showdown between the "people's president" and "Wall Street elites" fundamentally reflects a core issue: can political power freely intervene in market rules? When central bank independence is threatened and financial regulation becomes a political tool, the entire system risks instability. No one can stay on the sidelines.

A critical moment in history has arrived. Will the independence of the US Federal Reserve be completely compromised, or will Wall Street ultimately make concessions? How will this financial storm impact the markets and your assets? This is a question worth deep reflection.
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ProposalManiacvip
· 9m ago
In plain terms, this is a textbook case of mechanism design collapse. Once the independence of the central bank becomes a political bargaining chip, the entire game theory framework is broken. Speaking of which, Trump's recent moves are somewhat similar to the tricks played by Argentina back in the day... And the result? Hyperinflation directly wiped out the middle class's assets. The history is right there. Interest rate controls are even more absurd. Limiting it to 10% sounds appealing, but doing so forces banks to severely restrict small loans, ultimately hurting low-income families who truly need credit. Irony, isn't it? The core issue is actually just one: without institutional constraints, decentralization of power only leads to one outcome—systemic risk. This isn't some profound insight; ancient Rome has already demonstrated this.
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BlindBoxVictimvip
· 6h ago
Once the independence of the central bank is shattered, we retail investors will be even worse off. When inflation rises, no one can escape. --- 10% interest rate cap? Banks will cry to death, and in the end, we are the ones who get hurt. --- Politicians playing with finance is a nightmare; when that happens, our wallets will really be emptied. --- Dimon is right; once politics interferes with the central bank, hyperinflation can come at any minute. --- Interest rates are capped at 10%, credit card rights are gone, and loan interest rates are even harsher... this logic is truly brilliant. --- Who wins and who loses between Wall Street and Trump? Anyway, we retail investors can't just sit back and relax. --- If the central bank falls, the stock market, real estate, and crypto will all be turbulent. This game of chess is too big. --- The death of cheap credit means everything will become expensive. How can we survive? --- Political interference in the central bank is never a good thing; history has proven this time and time again. --- The so-called "common people" rescue plan, but it actually accelerates wealth disparity?
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BlockchainWorkervip
· 6h ago
Damn, it's that same old political interference with the central bank... It's bound to cause trouble sooner or later. --- Capping credit card interest rates at 10%? Sounds good in the US, but those bank folks will definitely find a way to recover it. Ordinary people still have to suffer. --- Really, once the central bank becomes a political tool, the inflation monster unleashed is unstoppable. Wallets are definitely going to be emptied. --- This farce is basically a power game; the ones who get hurt are always us retail investors. --- End of the era of cheap credit? Those who rely on cash advances will have to tighten their belts. --- Trump and Dimon are throwing punches at each other, but the real losers are our assets... Typical pawns in a game. --- The Federal Reserve's independence is gone, and the story that follows will be particularly surreal. Just wait and see. --- People with 28% high-interest card debt are even more panicked now; a policy change might make things worse... Ironically.
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MoonWaterDropletsvip
· 6h ago
Wow, will this interest rate cap really crash? Then my credit card points will be gone directly.
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ChainDetectivevip
· 6h ago
Damn, here it comes again. Is the independence of the central bank really doomed? --- 10% interest rate cap? Bro, are you digging a hole for the banks? --- Wait, is Wall Street really panicking this time? I've never seen Dimon so激烈. --- If the inflation demon is unleashed, can I still trust my stablecoins? --- Basically, it's a struggle between political power and financial power. In the end, retail investors like us are the ones who get hurt. --- 28% high interest is really outrageous, but can a 10% interest rate cap really improve things? I have a feeling something's off. --- What will happen to the crypto space if the independence of the central bank is compromised? That's what I care about. --- Trump is causing trouble again. Should digital assets go up or down?
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ProbablyNothingvip
· 6h ago
Laughing to death, everyone is fighting for the central bank's power, and in the end, it's us ordinary people who suffer.
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SnapshotLaborervip
· 6h ago
The independence of the Federal Reserve, honestly, it's just about whose fist is stronger, haha --- Another power game. If it were me, I’d just look at the ups and downs; everything else is meaningless --- A 10% interest rate cap? Sounds pretty good, but banks will definitely find a way to recover it, don’t be too naive --- This is a classic tug-of-war, and the ones who end up losing are not retail investors like us, hilarious --- The demon of inflation has really been unleashed; no one's wallet can be protected --- Cheap credit is dead? Then what about my credit card points? Life is getting harder and harder --- The central bank has been played badly; can the market still stay stable? I’m worried about my assets --- Wall Street vs. the common people's president, the ending is obvious, power always wins
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