Trump desafía a la Fed: ¿Es el 2% de inflación un objetivo obsoleto en la era de las criptomonedas?

El expresidente cuestiona el dogma económico establecido mientras Bitcoin supera los $200,000.

¿Target desactualizado?

Las stablecoins ya mueven más remesas que Western Union—y con comisiones 90% menores. Claro, los puristas de la Fed seguirán midiendo la inflación con métodos que ignoran cómo los humanos digitales realmente gastan.

Al final, quizás la inflación 'correcta' sea la que no necesite medición—porque las cadenas de bloques ya garantizan escasez verificable. Los políticos discuten porcentajes mientras el código ejecuta.

Trump says that the 2% inflation target is too low

In today’s announcement, Trump said, “He(Too late) has done a terrible job since he adapted a two target.” Adding that it is too low and too rigid. He added that the Fed does not believe that the money supply is important.

BREAKING: President Trump says the Federal Reserve is broken and needs to be fixed. pic.twitter.com/X4zwjwbuqA

The Fed’s July minutes showed “almost all” officials supported keeping rates unchanged at 4.25%-4.50%. Only Michelle Bowman and Christopher Waller dissented in favor of a quarter-point cut to protect a weakening job market. According to CME, the Fed might lower the rates by 25bps. This will still be too little for Trump, as he expects cuts to 3%.

However, Fed Chair Jerome Powell signaled the door is open to a September rate cut. He cited rising risks to the labor market even as inflation pressures linger. The Fed aims to keep inflation at 2% and Powell’s priority.

On the other hand, Russia’s target for inflation is 4%.  Unlike the Fed, Russia has been flexible with its rates. The central bank hiked the key rate to 21% last year, the highest level since the early 2000s, to bring inflation down. It cut the key rate to 20% in June and 18% in July. The bank makes its next rate decision on September 12.

When recession worries about the US economy were rising, Trump pointed to the Fed. On the contrary, a graph in a report last week showed that Russia’s GDP fell for two quarters in a row. This is what economists usually mean by “technical recession.”

German Gref, the CEO of Sberbank and one of Russia’s most important bankers, said that the economy was in “technical stagnation” and that the central bank needed to lower interest rates.

Putin said, “No” when asked if he agreed with Gref. He supported the Central Bank.

Trump says Fed’s independence is not that important

Americans’ concerns about the battle between Trump and the Fed have been about its independence. However, today, the POTUS has said that he is concerned about the Fed’s competence, not whether it is independent or not.

Recently, Trump mentioned that before 1913, the US was independent of the Fed and depended on tariffs. He said an 1880s congressional committee focused on distributing excess tariff revenue because the US was at its peak. According to him, the income tax system began in 1913, replacing tariffs.

WOOOOOO DO IT!!!!!!!!!

🚨 President Trump says someday it will be Possible to replace Federal Income Tax!

Why do you think he keeps bringing up 1913? What happened in 1930? What will end the FED?

– He says from 1870 to 1913, tariffs funded the entire U.S. government WITHOUT… pic.twitter.com/n9C1xKSmtt

Meanwhile, Trump is trying to get rid of the members of the Fed who don’t agree with his agenda, like Powell and Cook. It is still unclear whether he wants to get rid of the Fed or whether he wants to control it.

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