this post was submitted on 12 Jan 2026
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politics

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[–] melsaskca@lemmy.ca 5 points 2 hours ago

Hopefully a lot of folks will take their cue from Powell, now that a stand has been made.

[–] deadbeef79000@lemmy.nz 30 points 9 hours ago (1 children)

Don't forget that trump is so business savvy he bankrupted a casino.

A casino.

[–] NoTagBacks@lemmy.dbzer0.com 14 points 7 hours ago (2 children)

Three times. In *fucking Atlantic City *.

[–] SpaceNoodle@lemmy.world 10 points 7 hours ago

Definitely money laundering.

[–] vaultdweller013@sh.itjust.works 1 points 5 hours ago

In the mildest defense Atlantic City was kinda already imploding kinda like what's happening in Vegas right now. Frankly they should've kept with the old school look and pulled a Santa Monica or Venice Beach tourism schtick.

[–] panda_abyss@lemmy.ca 17 points 9 hours ago (1 children)

This guy basically saved the US economy from hyperinflation and a trump just wanted ZIRP back.

That’s going to lead to hyperinflation. Nobody is going to want greenbacks when Trump decides to print a few $T to pay down the debt. Then Americans are going to see every good increase in price exponentially, and I mean real pound me in the ass exponentially and not the watered down “goes up quickly” exponentially people throw around.

it’ll be fantastic for my investments in gold and silver though.

[–] SpaceNoodle@lemmy.world 4 points 7 hours ago (2 children)

Why precious metals and not foreign investments?

[–] panda_abyss@lemmy.ca 4 points 4 hours ago* (last edited 4 hours ago)

If the USD dies I don’t think any asset is going to do well, except like maybe Russia.

China’s export economy will crumble, I’m Canadian so our trade will fall apart, and the Euro will probably have a crisis like 2008.

[–] vaultdweller013@sh.itjust.works 3 points 5 hours ago

If this spirals there's a pretty solid chance that we end up with 08 at best, depression at middling, or outright economic collapse and possibly interstate trade shutdown at worst. Metals generally hold their price well enough in such situations, stocks not so much.

[–] echo@lemmings.world 5 points 8 hours ago

Did Trump actually find someone with legal standing to file the charges this time or are they going to be thrown out with like those filed by the other cos players?