Trump: I am pleased to announce that I am nominating Kevin Warsh to be the chairman of the Board of Governors of the Federal Reserve System | Crypto Craft
Added at 5:58am

  • Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

    From cnbc.com

    President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led Fed almost since Powell took the job in 2018. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” said Trump in a Truth Social post announcing the selection. The pick of ... (full story)

Comment Options
mnavedanjum
Jan 30, 2026 6:00am
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One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself
There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
Reply
DanGold
Jan 30, 2026 6:59am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
That's on you man, never risk what you cannot afford to lose.... That being said, good luck on the recovery journey, you got this man! Check where it went wrong and arm yourself with this new knowledge.
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atillaken
Jan 30, 2026 6:44am
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Fuck Forex
Fuck crypto
Fuck all manipulation
I lost everything.
2012 I began , I made over 200k profit and all is gone away from my hand in 6 months.
Now I am not even able to buy food.
Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
Reply
Bakker
Jan 30, 2026 7:39am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
Stick to one pair and study it in and out. Not two pairs have the same characteristics, everyone is unique in the way they move.
Reply
Twocans
Jan 30, 2026 6:39am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
The voice of reason and fiduciary restraints. On the other hand, "Ignorance is bliss" but gaslighting ignorance 'is what it is'.
Manitou1125
Jan 30, 2026 10:49am
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Wow, reading these comments... so much anger and sadness here. I am just a hobby trader living in Chiang Rai, and to be honest, I am also scared. Yesterday, Gold moved like crazy and damaged my account too. I don't know if Mr. Warsh is a "Hawk" or "Dove" (I heard he changed his mind recently?), but I really hope he can bring some stability to the market. Too much volatility is bad for my heart. Please stay safe everyone.
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Bakker
Jan 30, 2026 7:35am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
Swear a bit less and you will do much better.
Reply
poetanian
Jan 30, 2026 5:52am
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He is the chosen one who promised to lower rates for Trump.
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OnlineAddict
Jan 30, 2026 6:07am
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Buy the rumour, sell the news.
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DwnUndrTrdr
Jan 30, 2026 7:44am
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I know Trump appointed him... now shut up and let those who will be here when you are gone, after your graft, try and display reasoned matured thought processes
Trader#C6D0
Jan 30, 2026 6:04am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
Brother , its chairmen of fed, whatever decision he will make , majority will follow. Thats how it is. U r delisional
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mnavedanjum
Jan 30, 2026 6:06am
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10 members voted in favor of the policy action to hold the rates steady.
2 members (Stephen Miran and Christopher Waller) voted against the decision because they preferred to lower the interest rate by 0.25 percentage points
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Trader#F479
Jan 30, 2026 9:04am
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For those who blamed others for their losses... "You're not that guy yet, bro" Maybe you should consider another career because in order to be successful in this game, you must take full accountability for your own action, and until then, you'll end up exactly where you are today. This is not me bashing you, but it's the reality of every person that is at the top today. Definitely not by pointing fingers at someone else when you're the one that got in the trade in the first place... Heat this message if you wanna try again because I'll be here taking your money again and again until you learn this lesson. THE BEATING CONTINUES UNTIL MORAL IS IMPROVED
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Twocans
Jan 30, 2026 11:44am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
YEAH, i KNOW YOUR PAIN. YOU JUST PAID YOUR TUITION, DON'T THROW IT AWAY! MOST OF THE TRADERS HERE WHO ARE NOT 'ROOKIES' USED TO BE ONE AND KNOW EXACTLY WHAT YOU ARE DEALING WITH RIGHT NOW. The Market does not care, Trump has no idea what you are blaming him for and nobody here that is real will ever forget that fork in the road that feels like it got shoved up your ass so far your choking on it. If it made any diff to you and it doesn't I lost over twice that in margin calls after the Market reopened when Sept. 11th, 2001 changed everything, all of it up in smoke.
Twocans
Jan 30, 2026 12:04pm
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Quoting abelfxtrader
{quote} That's on you not on Trump. I used to be that guy long time ago, the ego didn't allow me to lose until the margin call said the last word. Got to manage the risk to be able to fight another day. Don't give up, eventually you will be successful.
All True if you don't quit.
Twocans
Jan 30, 2026 2:03pm
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Quoting monira
{quote} Sorry to say you didn't learn anything from the long trading journey. RISK management is the KEY.
I would disagree but right now the sting is far to present and damaging emotionally. It can take years or even decades to recover from a devastating blow to psyche and wallet. Never judge till you have walked in another man's shoes. A Black Swan event (like 911) can throw a curve ball no one sees coming.
fx6996
Jan 30, 2026 7:59am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
I only have 2 words for you:

STOP LOSS
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MorleyFX
Jan 30, 2026 9:24am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
Absolutely correct but you’re forgetting how easily people are manipulated and/or change their bias and opinions due to who is in charge
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Nick.
Jan 30, 2026 2:07pm
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Quoting Fix-it
{quote} Thank you for your help, its up to us as traders to learn and execute to make profit. I am making profit but not enough to make bigger money. but I try to learn and will get better at it. once again thank you
You’re very welcome.
Reply
Danger-Mouse
Jan 30, 2026 4:20pm
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Quoting Ferna
Ronald Lauder is a very good philantrophist. One of the greatest i'd say. Feels like we are getting a very good team
WTF Ferna?? It's after 10pm in meatball land??? Dr Bjorn will get to hear about this and you'll be down in the cage again
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Fix-it
Jan 30, 2026 9:17am
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Quoting Nick.
{quote}Why do you trade forex or crypto? Just trade gold or the DAX, and only during the Asian and London sessions. Use a volume profile and inefficiency gaps for potential entries. I milk it every day without fail. {image}
What is volume profile and inefficiency gaps and how do you use it to this effect , could you possibly explain please
Reply
Fix-it
Jan 30, 2026 1:47pm
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Quoting Nick.
{quote} https://youtube.com/shorts/GFfOC4gZk...x7JIz03EyCzorE Find an indicator that marks those inbalances on the chart. Same with the volume profile. https://youtu.be/QlvIeIlD1VY?si=xeMLUZiKr9YpuVY1
Thank you for your help, its up to us as traders to learn and execute to make profit. I am making profit but not enough to make bigger money. but I try to learn and will get better at it. once again thank you
Reply
abelfxtrader
Jan 30, 2026 9:07am
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Quoting Trader#C92B
F*cking trump f*ck you!! I lost everything!
That's on you not on Trump. I used to be that guy long time ago, the ego didn't allow me to lose until the margin call said the last word. Got to manage the risk to be able to fight another day. Don't give up, eventually you will be successful.
Reply
longfellow
Jan 30, 2026 3:11pm
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He's a hack, he was wrong about everything during the financial crisis and was likely picked due to the fact his father in law is Ron Lauder, a billionaire Trump donor who's encouraging the invasion and capture of Greenland.

From 2017, when he was on Trump's list then for Fed chair:

His [Warsh’s] specialty was seeing inflation problems that didn't exist. He warned about inflation in 2006 when, excluding volatile food and energy prices, it was just 2.1 percent. Then he did in 2007 when it was 2 percent by the same measure. And again in 2008 when core prices were rising a relatively nonthreatening 2.3 percent, going so far as to say that he was “still not ready to relinquish my concerns on the inflation front” the day after Lehman Brothers failed.

What Warsh wasn't worried about, though, were all the risks banks had been taking that would ultimately require them to be bailed out. A few months before the credit crunch began in 2007, Warsh even said that “an important source of strength has been financial innovation,” highlighting the purported benefits of credit default swaps and other derivatives that Warren Buffett would go on to call “financial weapons of mass destruction.” This was supposed to be Warsh's area of expertise."
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DwnUndrTrdr
Jan 30, 2026 7:25am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
And it's a nomination....
yeah, he gets in... money gets whipsawed inbetween
bernardo_h
Jan 30, 2026 6:13am
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another juice to the administration.... what could go wrong???
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HonzaD
Jan 30, 2026 6:21am
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The chairman presents the decisions of the institution as a whole at a press conference. Not present his disent´s vote. It's quite uncomfortable to stand there as a member who has been outvoted by his colleagues at every meeting.
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Bakker
Jan 30, 2026 7:34am
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Great pick.
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LightchaserG
Jan 30, 2026 7:44am
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His 101% a boot licker... Markets are fucked!

When he comes in, i go to CASH... I will enter with minimal risk. lets go!
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Twocans
Jan 30, 2026 11:58am
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Quoting fx6996
{quote} Thank you for your deposit Should I be expecting more money from you?
There is nothing funny about this you asshole!
Twocans
Jan 30, 2026 2:06pm
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USD/CAD has almost recovered from the MM's soaking. Its worth the time to go watch for a lesson if nothing else.
fx6996
Jan 30, 2026 8:00am
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Quoting Bakker
{quote} Swear a bit less and you will do much better.
I agree
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Polimini
Jan 30, 2026 9:06am
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The Pedo in chief will control everything in the USA.
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MorleyFX
Jan 30, 2026 9:23am
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Quoting Bakker
Great pick.
genuinely curious to why you think so ? Wasn’t he on the board during the 2008 housing crisis ?
Reply
fx6996
Jan 30, 2026 11:54am
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Quoting Trader#C92B
F*cking trump f*ck you!! I lost everything!
Thank you for your deposit

Should I be expecting more money from you?
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abelfxtrader
Jan 30, 2026 9:15am
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Traders hope when they should be fearful and fearful when they should be hopeful.
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mbefus
Jan 30, 2026 7:34am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
But how do you really feel?
mbefus
Jan 30, 2026 7:39am
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Someone, please tell donald that lowering interest rates in a rising inflationary environment isn't exactly going to get him what he wants. It's going to get the rest of us what we don't want...Good and Hard. I hope this meat muppet has the brass ones to push back on him.
Mayraj
Jan 30, 2026 7:13am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
Man I Am also Tired with loose 500k dollars in only 6 months because of this bitch TRUMP. He Manipulate all time and market play with our money. 100% Agree with you
Reply
monira
Jan 30, 2026 11:20am
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Quoting atillaken
Fuck Forex Fuck crypto Fuck all manipulation I lost everything. 2012 I began , I made over 200k profit and all is gone away from my hand in 6 months. Now I am not even able to buy food. Are you happy all BOJ, Trump and all MM and all other son of a bitches. FUCK YOU ALL
Sorry to say you didn't learn anything from the long trading journey. RISK management is the KEY.
Reply
DonFF
Jan 30, 2026 8:30pm
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Quoting Trader#C6D0
{quote} Brother , its chairmen of fed, whatever decision he will make , majority will follow. Thats how it is. U r delisional
You are the delusional one!

The Market will only take its cue from credible People/Sources

Only idiots on Planet earth right now would believe Trump and anyone supported by him is credible!
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mbefus
Jan 30, 2026 7:32am
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I've got this feeling that there's gonna be some gaps filled today.
User3885
Jan 30, 2026 6:02am
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lol
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ultra99
Jan 30, 2026 6:04am
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Partner of Stanley Druckenmiller, hey - quite the resumé
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fxsurgeon1
Jan 30, 2026 7:11am
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Rates coming to 0, LOL
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Trader#7018
Jan 30, 2026 9:22am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
I see another executive order in the works. Ye of little faith....
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Trader#9133
Jan 30, 2026 10:37am
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Quoting mnavedanjum
One person alone doesn't decide interest rates. The total vote count is what matters; if the majority votes against a rate cut, Kevin cannot lower rates by himself There are always 12 voting members on the Federal Open Market Committee (FOMC) who decide on interest rates at each meeting. Each member, including the Chair, casts a single, equal vote, and decisions are made by a simple majority.
Yeah the only moron that doesn’t understand this is the one picking the next fed chair
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Robezz
Jan 30, 2026 11:52am
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He will do what Trump likes and what is most convenient for his presidency and for his own benefit.
Reply
DonFF
Jan 30, 2026 1:29pm
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Quoting mbefus
{quote}But how do you really feel?
What kind of question is that?

He just expressed how he is feeling!
Reply
Faroukwarid
Feb 2, 2026 7:55am
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Hope this change will only bring good to the U.S economy.
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Trader#1E28
Jan 30, 2026 6:06am
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Dxy buy
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Trader#0A63
Jan 30, 2026 6:22am
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I told several times Kavin warsh will be next Fed chair person.warsh father in law and trump both are good friends
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Trader#9826
Jan 30, 2026 8:17am
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bunch a commies they need to abolish the fed all together
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Trader#C92B
Jan 30, 2026 8:45am
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F*cking trump f*ck you!! I lost everything!
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Trader#1E6D
Jan 30, 2026 10:52am
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Yep, DJT chose the guy who will support his policy. In other words, interests down, USD down. Lets hope that works out for the economy. To be blunt, I dont think so!
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Trader#C62E
Jan 30, 2026 10:59am
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Sorry, do you know when the dollar will collapse?
I just wanted to move out of the way so it wouldn't fall on my head. That's all, thanks.
Reply

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