Understanding the Federal Reserve's Leadership Change
1. Background: Trump slammed the table: I want someone I trust to be the Chairman of the Federal Reserve, so Kevin Warsh, a man whose father-in-law is the boss of Estée Lauder, who was a classmate of Trump and has funded him for many years, won by a landslide.
2. Character Profile:
Experience: Worked at Morgan Stanley in mergers and acquisitions, became a Federal Reserve governor at 35, and resigned in 2011 in anger over reckless money printing.
Hidden Skill: Paid tuition in the cryptocurrency circle, invested in the algorithmic stablecoin pioneer Basis (which was later crushed by the SEC).
Latest Quote: AI makes everything cheaper, so let’s lower interest rates (Trump applauded after hearing this: I really resonate with this thought.)
3. Market Reaction:
As soon as the news broke, gold and silver plummeted, Bitcoin crashed, and tech stocks collectively fell.
Wall Street quickly coined the term: "Warsh Shock"—meaning the strong dollar is back, the faucet is about to be tightened, everyone run!
4. Humorous Jab:
Someone said: Warsh is a well-known hawk, didn’t Trump want to loosen monetary policy? Isn’t this contradictory?
The truth may be:
Trump: What I want is an obedient hawk who can become a sensible dove when necessary.
Warsh (nodding): I get it.
5. Outcome Prediction:
Currently, Polymarket betting shows a 95% probability of Warsh taking office, and the market has already knelt in advance.
As for whether he will be an inflation killer or a shape of Trump, we can only say: strong connections, understands crypto, and can tell AI stories—this wave, this wave is Buff stacked up.
A personnel appointment scared gold into a crash, stunned the crypto world, and gave birth to a new idiom $BTC $XAG $XAU
