This is a big deal. This is even bigger than the tariffs.

People like Ray Dalio are saying that we are risking the collapse of the US dollar, not recession, not depression, potentially "something worse than a depression". Elizabeth warren is saying that firing Powell will crash the market.

Jerome is not a person I envy defending, but if he is fired you will see panic and you will understand the gravity of how damaging "no trade deficits" can be. An unfortunate consequence of privilege is you rarely understand you have it: Exorbitant Privilege (economics) https://en.wikipedia.org/wiki/Exorbitant_privilege