I’m telling the truth, I actually think that if there is really an economic recession, it’s a "good thing". Historically in the United States, when interest rates exceed 5%, the probability of a recession is very high. Although recessions are painful, they are the fastest way to reduce inflation; otherwise, inflation and the economy will be in a tug-of-war, just like a tumor. Indeed, conservative treatment seems to cause the least harm, but surgery for removal is the only thorough solution.
The issue of inflation is like a tumor, and the Federal Reserve is the chief physician. The patient’s name is America. If surgery is performed, there will definitely be bleeding and it will harm the vitality. Slow treatment may lead to recovery, but it could also worsen. Without Trump, the process of surgery might be accelerated, leading directly to a recession and then a rebuild.
But Trump is there; he will not accept a recession during his term. If it were earlier this year, it would have been easier to shift the blame to the Democrats, but now a year has passed, and a recession would affect the midterm elections in 2026. That’s why Trump will use all intelligence to ensure the U.S. economy is on the rise, while on the other hand, forcing the Federal Reserve to cut interest rates. This is the current tug-of-war situation.
After Powell steps down in May 2026, it will truly be a case of the Eight Immortals crossing the sea.