Global/Slant

Headline:
Bathroom Vanities + Kitchen Cabinets + Upholstered Furniture.

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DEFINITELY NOT A NATIONAL SECURITY RISK.

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Dude…You Might Want To Get Out More + Relax A Bit.

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Headline:
Just A Matter Of Time.

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It’s Become Irrelevant If Federal Reserve Chair Jerome Powell Fulfills His Entire Term…Concluding May 2026…

As The Federal Reserve’s Legacy Tactics + Strategies Will Soon Be Dramatically Trump-ified…

By A Forceful Executive Branch Make-Over Of The Fed.

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Thus…The Next Appointed Fed Chair…Whomever It Is =

Already 100% Compromised…

As Trump Will ONLY Select Somebody Willing To Capitulate To His Monetary Policy Directives…

Primarily Because Trump = “Control Freak”…

And For Now = He Does NOT Control Monetary Policy…

But In The Near Future…That’ll Change.

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Meanwhile…Trump + His Bullying/Lightweight Economic Cohorts =

1. Navarro +
2. Pulte +
3. Vance +
4. Vought

…Unleash A Relentless Barrage Of Brutal Personal/Professional Criticisms Toward Powell + The Fed…

Intending To Massively Discredit Both…

Setting The Pretext For Dramatic Change…

While Demonstrating…Once Again…

A Requirement For Those Positioned In Trump’s Administration =

Exchanging Any Sense Of Decorum/Respect For…

1. Pair Of Trump Worshiping Knee-Pads +
2. Militant Adherence To Harshly Disparage Those Deviating From Trump’s Commands/Demands

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Anyway…It Seems Trump’s First Order Monetary Policy Motivation =

Substantially Reduce The Costs Of U.S. Debt Service:

From: $1T/Fiscal Year = 16% Of Total Federal Spend
To: A Heck Of A Lot Less = As In 75-90% Less

Of Course = A Noble Objective…

But In The Short Term = Virtually Impossible…

As The Fed Controls Interest Rates Only At The Shortest End Of The Yield Curve…

While The Current Average Maturity Of U.S. Debt = 6 Years = Intermediate Duration.

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So Even If Trump’s New Fed Chair…Follows His Orders…

And Immediately Reduced Interest Rates 300 Basis Points…As Trump Has Publicly Articulated…

The Intermediate + Long Term Portions Of The Yield Curve Would Likely Dive In Price = Sending Yields Much Higher =

Likely Counter-Compensating…Equally Or More…

Any Benefits The U.S. Treasury Would Accrue At The Short End Of The Yield Curve…

Absolutely Reflecting =

1. Direct Political Interference At The Fed +
2. Un-Anchored Inflation Expectations

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Further + Apparently…Trump’s Strategy To Reduce Fiscal Interest Expense…

Includes Several Steps =

First…Bring Down Short Term Interest Rates…

Then…Substantially Reduce Debt Maturities…

To Take Advantage Of The Lower Front End Rates…

Which Sounds Fine In Theory…But It Is Commercially Impractical…

As Global Businesses + Financial Intermediaries Require A Full Spectrum Of Maturities…

Not Just Price/Supply Distorted Short Duration Debt…

From The World’s Largest + Most Liquid Bond Market…

To Operate Their Business Models.

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Trump Also Indicates The Fed’s Current Interest Rate Policy = Unjustifiably High…

Thereby...Unfairly Penalizing U.S. Government Finances…

As Restrictive Interest Rates =

1. Increase The Cost Of Servicing U.S. Debentures +
2. Subdue Economic Activity/Tax Receipts

However…That The Current U.S. Fiscal Budget = Hamstrung By High Interest Payments =

More Reflective Of The $36T Mountain Of Absolute Debt To Service…

Accumulated EVERY YEAR Since 2001= Both Democrat + Republican Controlled Congresses…

Rather Than The Absolute Interest Rate.

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Still…Despite Many Legitimate + Practical High Hurdles…

There Is No Doubt = Trump Will Attempt To Stamp His Brand Of Monetary Policy On Global Financial Markets…

With Potential Draconian Maneuvers Including =

1. Declaring U.S. Deficits/Debts As Another National Emergency…

Thereby “Clearing The Decks” For

2. Merging U.S. Treasury + Fed Functions = Working In Concert To Manage National Deficits/Debt +
3. Yield Curve Control = 10 Year Duration = Critical Focus

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So…Trump Will Further Shake The Economic Snow-Globe…

Eradicating + Flipping The Notion Of Fed Independence =

As Trump’s =

1. Framework +
2. Narrative +
3. Path

…For The Next Generation Federal Reserve = Appears To Have Already Been Set.

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Headlines:
1.  Power Corrupts +
2. Large Scale Voter Illiteracy = Enables.

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No Matter The Idealistic Beliefs And/Or Political Party…

Eventually…“Bought + Paid For” U.S. Presidential Politicians =

1. Stumble Badly +
2. Disappoint Constituents +
3. Backpedal/Defend/Rationalize

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So Almost All Excell At Playing =

The Dirty Political Survival Game…

“Horse-Trading” Their Intellectual Dogma…

In Order To Exclusively Enrich Themselves With…

1. Power +
2. Prestige +
3. Privilege +
4. Recognition

…Irrespective Of The Collateral Damage =

1. Economically +
2. Geo-Politically.

…To Sovereign “Stars + Stripes.”

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Nevertheless Elected U.S. Presidents Earn Majority Support…At The Ballot Box.

However…Much Of That Support Now Originates From A…

1. Dubious +
2. Growing +
3. Trending

 …43 Million “Functionally Illiterate” = 21% Of U.S. Voting Eligible Adults…

According To Department Of Education’s = National Center For Education Statistics [NCES]…

Characterized As Those Having Substantal Difficulty With Basic Literacy Tasks =

1. Comparing/Contrasting Information +
2. Making Low-Level Inferences +
3. Paraphrasing

As Well As Lacking Elementary Abilities To =

1. Calculate +
2. Read +
3. Write

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Thus…The U.S.’s Enormously Embarrassing  43 Million “Functionally Illiterate” Voting Block…

By Definition = Not So Challenging To…

1. Angle +
2. Deceive +
3. Persuade

…Easily Facilitating U.S. Presidents’ Insatiable Thirst For Populous Votes + Political Power.

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