⚡️Polymarket data shows that Hassett’s probability of being nominated as Fed Chair is over 80% ——
Who is Hassett? One of the go-to economists within the Republican Party, a typical dove, and someone who has fully aligned himself with Trump.
If he takes office, he won’t be as conservative; the pace of rate cuts could be 2–4 times faster than Powell’s, completely unleashing inflation and ushering in a new era of money printing.
He has only one goal: to use rate cuts and tax reductions to drive US economic growth to the numbers Trump wants.
So in the coming year, we might see ——
1⃣ First stage: Stocks, gold, and crypto all rallying wildly in a liquidity-fueled bubble.
2⃣ Second stage: Fiscal deficits explode, the balance sheet still hasn’t been reduced, and there’s little room left for dovish policies, prompting considerations of a soft landing.
3⃣ Third stage: Either inflation is contained, history is rewritten, the stock market surges, gold soars, and BTC skyrockets;
Or inflation spirals out of control, forcing aggressive rate hikes, the stock market bubble bursts, the US falls into recession, and we face an even more brutal crash than 2008.
Here we go—whether it’s heaven or hell, welcome to the Trump 2.0 era.
As long as you survive and stay in the game, you’ll witness history!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
⚡️Polymarket data shows that Hassett’s probability of being nominated as Fed Chair is over 80% ——
Who is Hassett? One of the go-to economists within the Republican Party, a typical dove, and someone who has fully aligned himself with Trump.
If he takes office, he won’t be as conservative; the pace of rate cuts could be 2–4 times faster than Powell’s, completely unleashing inflation and ushering in a new era of money printing.
He has only one goal: to use rate cuts and tax reductions to drive US economic growth to the numbers Trump wants.
So in the coming year, we might see ——
1⃣ First stage: Stocks, gold, and crypto all rallying wildly in a liquidity-fueled bubble.
2⃣ Second stage: Fiscal deficits explode, the balance sheet still hasn’t been reduced, and there’s little room left for dovish policies, prompting considerations of a soft landing.
3⃣ Third stage: Either inflation is contained, history is rewritten, the stock market surges, gold soars, and BTC skyrockets;
Or inflation spirals out of control, forcing aggressive rate hikes, the stock market bubble bursts, the US falls into recession, and we face an even more brutal crash than 2008.
Here we go—whether it’s heaven or hell, welcome to the Trump 2.0 era.
As long as you survive and stay in the game, you’ll witness history!