JPMorgan Chase CEO: The U.S. Treasury Market May Have Already Experienced Deleveraging
BlockBeats News, April 16th, JP Morgan CEO Jamie Dimon stated that the deleveraging of US Treasuries may have to some extent already passed. "Decoupling from China should not be a goal."
The Paper Gold Empire is on the brink of collapse, with J.P. Morgan leading the way by switching sides to bet on physical gold and silver. The global gold and silver pricing power is rapidly shifting to the East.
Federal Reserve Chairman Powell is facing a serious policy dilemma: under immense government debt and political pressure, the Fed has had to abandon its independence and anti-inflation stance. Instead, it has resorted to measures like quantitative easing to finance the government, creating a situation of "fiscal dominance" similar to the Volcker era of the 1970s. This foreshadows the Fed's need to reinitiate loose monetary policy, which could potentially drive up the prices of assets like Bitcoin.