this post was submitted on 26 Aug 2025
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[–] Buffalox@lemmy.world 58 points 2 months ago (1 children)

The Supreme Court could eventually rule on whether her firing is legal.

She is toast, the supreme court is rigged to serve Trump.

[–] bobs_monkey@lemmy.zip 35 points 2 months ago (1 children)

More importantly, this will serve as a major test to the Fed's independence.

[–] Buffalox@lemmy.world 29 points 2 months ago (1 children)

If the supreme court decides, I wouldn't count on that independence lasting for much longer.
It will probably serve the crazy Republican president as it was designed by Mitch "The Turtle" McConnell.

The institutions are falling like dominoes, it's looking really really grim for democracy in USA.

[–] ThinkBeforeYouPost@lemmy.world 11 points 2 months ago* (last edited 2 months ago) (1 children)

How about the Epstein Files TACO?

It's unthinkable, as this would be the final nail in the coffin of USD being the world's primary reserve currency, and with it the debt breaks the country and the ability to print money is instantly ended.

These are not bad things, if done thoughtfully and intelligently over time. This administration is incapable of that.

He will chicken out, but the damage is done to the faith in the US government by our allies, and in the USD.

[–] Buffalox@lemmy.world 13 points 2 months ago (1 children)

These are not bad things, if done thoughtfully and intelligently over time.

I don't think you realize the wealth it has given USA to be the #1 global reserve currency by far.
It's a giant economic interest free injection to the entire US economy.

I also don't think it's unthinkable, I think they could very well do it, because that's how stupid they are. The USD is down 15% since Trump became President, And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage. Completely disregarding it makes everybody poorer first and increases inflation.

[–] dhork@lemmy.world 8 points 2 months ago

And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage.

Yes, but also Trump has all his money in shitty crypto tokens and the Crypto Bros have him convinced that if the dollar tanks, $TRUMP will soar vs. the dollar.

Our President is looking to actively tank the dollar for his own personal gain.

[–] Blumpkinhead@lemmy.world 45 points 2 months ago (1 children)

Lol, it's not just her saying it, as if it's some disagreement. He has no authority to fire her.

I'm sure a couple of masked agents blocking her entrance will not show up any time at all

[–] Treczoks@lemmy.world 36 points 2 months ago (1 children)

"Sufficient reason to believe" - Either you have real evidence, or you are just hallucinating again. Most likely the latter.

[–] phutatorius@lemmy.zip 17 points 2 months ago

Authoritarianism is all about "because I said so."

[–] DarkFuture@lemmy.world 16 points 2 months ago

Fascists pray to their fascist god that the people they are attempting to oppress won't push back.

So push back.

[–] subarctictundra@lemmy.world 5 points 2 months ago

In his head:

[–] return2ozma@lemmy.world -4 points 2 months ago (4 children)
[–] Alexstarfire@lemmy.world 67 points 2 months ago (2 children)

Might be the most misleading graph I've ever seen and the quality makes it difficult to even realize it's a terrible graph.

[–] assaultpotato@sh.itjust.works 26 points 2 months ago (1 children)

Drops 20 cents of 146 against JPY, currency must be kill

I honestly do expect this path leads to dedollarization in the long run but truly an absurd graph to make that claim lmao

[–] Chozo@fedia.io 2 points 2 months ago (1 children)

This should still be sounding alarm bells, tho, shouldn't it? Are these kinds of spikes common in any other scenario?

[–] Alexstarfire@lemmy.world 5 points 2 months ago

It's such a small amount I'd be shocked if it never happened before.

[–] lemming741@lemmy.world 18 points 2 months ago

Default scaling- it was a smaller drop than others in the last 5 days, and came right back immediately.

[–] Mobiuthuselah@mander.xyz 33 points 2 months ago

Scales are important. You can make anything look extreme by manipulating the x or y axis.

[–] atzanteol@sh.itjust.works 30 points 2 months ago (1 children)

That's the worst screenshot of a graph ever. That could be the price of potatos in pesos dropping by 1 cent for all I can tell.

[–] Lost_My_Mind@lemmy.world 4 points 2 months ago
[–] ayyy@sh.itjust.works 9 points 2 months ago

That’s about a half a percentage change. Fuck off with this disingenuous graph.