If the fed raises rates to try to wreck Trump's economy before the November midterm elections - Bitcoin is gonna flyyyyyyy
There is nothing the FED would like more than to be able to keep the interest low, the FED is not out to get Trump. Interests are kept artificially low, and have been for a long time.
Worded badly, but you know what I mean
Very interestingly though - Bitcoin is the FED's sword of Damocles
I think it's cuz they've always had friendlies in the White House. A very big chunk of the Trump base are Ron/Rand Paul libertarian types. The FED is the Keynesian's sword of Damocles.
Sword of Damocles is an perfect analogy, the FED is also embedded in politics while not being in the process directly they are dependent on the good will (not actual factual results).
Right, they're hanging the sword over the government, but now Bitcoin is a sword is hanging over THEM. We got ourselves a good old fashioned Mexican standoff.
And BLOCKSTREAM is the sword hanging over BITCOIN (BTC), it is Swords all the way down. It is interesting to hear Milton Friedman accept the idea behind the fed but critique the result
