How Trump’s Fed Showdown Could Trigger a Global Financial Earthquake – Are You Ready?
So what is happening in America is at one level simply school playground stuff: the bully teasing the boy who has annoyed him, and the teachers trying to ignore the kerfuffle.
But at another level it’s a real challenge to the current world order of (reasonably) independent central banks.
Politicians have given them the power to set interest rates, but nothing is for ever, and they could to some extent at least take it away.
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