this post was submitted on 03 Jul 2025
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[–] PoopSpiderman@lemmy.world 152 points 1 day ago (1 children)

I call on Trump to resign immediately. Man, I hope this works.

[–] ceenote@lemmy.world 47 points 1 day ago* (last edited 1 day ago) (1 children)

He's too chicken to do something as badass as resigning. Man, I hope this works.

[–] Atelopus-zeteki@fedia.io 33 points 1 day ago (1 children)

Why didn't we think if this before. Donald Trump, I declare that you must resign immediately.

[–] Mist101@lemmy.world 13 points 1 day ago

I, too, call for your resignation, and by the laws of Connect Four, you must comply!

[–] henfredemars@infosec.pub 73 points 1 day ago (3 children)

US dollar to zero speed run.

[–] jonne@infosec.pub 26 points 1 day ago (1 children)

I mean, their stated goal is actually to devalue the dollar so exports are more attractive. Of course, that also means importing becomes more expensive, and China makes everything, so there's no way people are going to be happy about that.

[–] NatakuNox@lemmy.world 11 points 22 hours ago

Exports... Export fucking what!? Do people actually think any company that actually manufactures things in America are going to lower their prices?! Making things in America is expensive and won't be cheap enough soon enough to pivot. Nearly all of our raw materials come from outside the country. And once the US dollar crashes making anything in America will cost more than any other product on the market regardless.

[–] redsand@lemmy.dbzer0.com 11 points 1 day ago (1 children)

They plan to go full BTC not understanding how that could go wrong for them

[–] ryanee@fedia.io 12 points 1 day ago (1 children)

they also have a huge gold reserve of around 147.3 million ounces of gold (worth around 290 billion USD today) and this administration suspiciously already shown interest in auditing since the inauguration and it hasnt been audited for like at least 50 or 60 years, many of these gold are foreign reserve but its not like they are trustworthy and betraying USA allies on a weekly basis if not on daily basis

[–] redsand@lemmy.dbzer0.com 2 points 11 hours ago

There is a conspiracy that the gold is gone and has been for some time as well as the idea to liquidate the stock pile to buy crypto. And bonds maybe? Treasury is fucked.

[–] BrianTheeBiscuiteer@lemmy.world 7 points 22 hours ago

Guess we need to become the Weimar Republic before we can become Nazi Germany.

[–] thedruid@lemmy.world 53 points 1 day ago

Americans are calling on trump to quit immediately

[–] MyOpinion@lemmy.today 40 points 1 day ago (2 children)

Trump in control of the central bank. A true nightmare situation.

[–] ChicoSuave@lemmy.world 13 points 1 day ago

Truly. A man who bankrupted a casino in charge of a bank. I'm expecting a lot of embezzling.

[–] normalexit@lemmy.world 3 points 22 hours ago

They continue to find new and innovative ways to make the nightmare worse.

[–] NatakuNox@lemmy.world 22 points 23 hours ago (1 children)

Can't wait until he puts his own yes man in that position. We can take this dumpster fire to 11! Don't get me wrong. This fed is no ally to the working class, but even that goblin of a person knows cutting interest rates like Trump wants would have the remaining international and local investors pull all their money out of the US dollar. At that point. America as a world leader ends.

[–] Rekorse@sh.itjust.works 4 points 22 hours ago

Sounds good to me.

[–] _haha_oh_wow_@sh.itjust.works 20 points 1 day ago

"lol, lmao even"

-Jerome probably

[–] Xaphanos@lemmy.world 17 points 1 day ago (2 children)

Is it time to shift all investments to bet against the dollar?

[–] SupraMario@lemmy.world 11 points 1 day ago

Lost 12% since he got into the Whitehouse. It's going to continue to collapse, wouldn't be surprised if most of these billionaires have moved chunks of their equity to foreign funds

[–] ikidd@lemmy.world 7 points 1 day ago (1 children)

The second Powell is ousted or quits, pull the trigger on shorts.

[–] Xaphanos@lemmy.world 3 points 22 hours ago (1 children)

Ideally, the day before...

[–] ikidd@lemmy.world 5 points 22 hours ago

You have to pay for that knowledge. Did you buy your million-dollar inaugeration ticket? If not, you aren't on the email list.

[–] Carrolade@lemmy.world 12 points 1 day ago (1 children)

Ahhh, the Erdogan economic strategy. It's a bold move, Cotton, let's see if it pays off for them.

[–] BrianTheeBiscuiteer@lemmy.world 5 points 22 hours ago

It sure as fuck won't pay off for us.

[–] Milk_Sheikh@lemmy.dbzer0.com 9 points 22 hours ago

This is the line that even at my most cynical, I never thought Trump would go for/be allied to cross - fuck with the money directly. Ruin the bag for the capital class. Tariffs were bad long term but presented an opportunity for huge wealth transfer during that manufactured chaos’s period of ‘creative destruction’:

He made $2.5 billion, and he made $900 million! That’s not bad!” Trump said, pointing to financial investor Charles Schwab and then NASCAR team owner Roger Penske

But then again, this loon is who he put forward in his first term, sooo yeah.