What Trump’s win means for the Fed’s independence
What Trump’s win means for the Fed’s independence
Trump has been promising that interest rates will come down on his watch — even though rates are set by the politically independent Fed.
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Didn't Erdogan try to do the same in Türkiye? After some currency crashing and cost of living crisis he did change his tune.
It's completely different, Trump wants cut the interest rates and put at least 10% tariffs on all imports. If he actually follows through the current dollar denominations are going to be cheap toilet paper.
Great Depression 2: Tariff Boogaloo
And the rest of the world would have to find alternative currencies for trade. I expect China would be pretty happy over this.
BTW, Its just "Turkey" in English. You don't need to fellate the Turkish dictator every time you use the country's name.