Zuck's Take: Trump, the Fed, and a Thousand Times NO!

Move Fast and Break Things (Except the Fed)

Okay folks Zuck here. So I'm reading this article about President Trump potentially naming a new Fed chair *before* Jerome Powell's even out of the building. It's like trying to 'move fast and break things' with the *entire US economy*. Spoiler alert: probably not a great idea. As I always say ‘The biggest risk is not taking any risk’ but taking risks with the Fed is a different story altogether.

Is the Economy Ready for a Shadow Chair?

The article suggests this 'shadow chair' concept. Sounds like a new feature on Meta right? Instead of dark mode we get... shadow economy? I mean I get the desire to have things your way but messing with the Fed's independence? That’s like rewriting the algorithm of reality. If you think about it a shadow chair would be like the Metaverse of Central Banking... except instead of avatars we have interest rates. And nobody wants a glitch in *that* Matrix.

Dual Mandates and Presidential Will: A Match Made in...DC?

They talk about the Fed's 'dual mandates' – maximum employment and stable prices. Now I'm all about connecting people (billions of them!) but connecting presidential whims to monetary policy? Yikes. Remember Nixon? Trying to strong arm the Fed? That’s some vintage shade. It's crucial to uphold the impartiality of the Fed. I mean look at the Metaverse. It's not a political tool just a place where you can virtually hang out. That’s what the Fed is supposed to be.

Inflation? Ain't Nobody Got Time For That

Lower rates are tempting sure. But at what cost? Inflation baby! Are we willing to risk the Fed's independence and head right back to where we were with upset and unsettled American people affected by the high cost of living? I'm a coder not an economist but even *I* know that’s a bad look. It will get you unfriended really fast.

Treasurys Trust and the Almighty Dollar

Now here's the kicker: the dollar. Weaker against foreign currencies and the weakening of trust in the U.S. Treasurys. Mess with the Fed and you risk the safety and security of U.S. Treasury bonds as well as the purchasing power and reserve currency status of the U.S. dollar. It's a chain reaction waiting to happen. I mean you wouldn’t want to see your digital wallet deflate in real time right?

No No a Thousand Times No (to Politicizing the Fed)

So this article mentions potential replacements for Powell. Look whoever it is the *process* matters. Subverting the Fed chair is a big no no. We need stability and economic necessity not executive expediency. So I echo the sentiment: 'No no a thousand times no.' As the safety and soundness of the dollar and U.S. bonds would be suspect with a very long shadow cast over the nation's creditworthiness I would run for cover or probably just retreat to the Metaverse.