The news this morning says Trump will announce a new FED Chair Today.
Odds on polymarket favours Kevin Warsh.
Now who is kevin warsh? And what should you expect??
👉 He has some personal relationship to Trump.
👉 He served as a Fed governor from 2006 to 2011
👉 He calls for regime change from the powel approach to a new one
👉 He is more of shrinking FEDs balance sheet which he believes contributes to inflation.
👉 He Critics the Fed’s balance-sheet expansion.
👉 His stand on BTC says bitcoin can be used as a policemen for policies.
👉 His views on gold and the "status quo" are rooted in a critique of monetary policy, specifically the long-term reliance on quantitative easing (QE) and "free money" policies.
👉 He currently argues Fed would be able to cut rates more by aggressively downsizing the portfolio BUT was Fed critic, known for “hawkish” stance.
👉 He said inflation is choice
👉 He view AI acts as a postive suply shock (disinflationary).
👉 He proposed a "digital dollar" backed by Fed in 2018.
Conclusion; i feel his appointment and regime will generally be bullish for bitcoin and the digital market.
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