If Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would be swift and brutal, Deutsche Bank’s George Saravelos argues.

It could collapse the currency and bond markets, he says in a note seen by Fortune. Polymarket puts the chances of a Powell ouster at 19%.

“We consider the removal of Chair Powell as one of the largest underpriced event risks,” Saravelos says.

  • explodicle@sh.itjust.works
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    6 months ago

    One of those fundamentals is a tightly scheduled supply. The tail emission is just to ensure mining security and is insignificant compared to XMR appreciation. That’s why the guy above saves gold and Monero.

    • shortwavesurfer@lemmy.zip
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      6 months ago

      Hell yeah. Also have a look at XMRBazaar.com where you can buy and sell legal goods and services directly for Monero. X premium, Spotify, Canva pro, laptops, houses, cars, etc. are all on there and many things are priced directly in Monero.