#economy
When Governments Play Monopoly Without the Rules
#economy
When Governments Play Monopoly Without the Rules
Ah, the economy—where the government treats it like a game of Monopoly, but instead of actually trying to win, they just keep flipping the board and making new rules as they go. They’ll pass out "stimulus checks" like Community Chest cards, but somehow, you still can’t afford the rent on Park Place. Inflation rolls the dice and suddenly everything costs twice as much, but they assure us, "It's totally fine, just trust the process!" Meanwhile, the central bank is busy printing money like it's free parking, while everyone else wonders when the game will end—preferably without everyone going bankrupt. And when the economy goes off the rails? They just throw out a bailout like it’s a "get out of jail free" card. It’s like watching someone who’s never read the rules try to run the game, and somehow, they’re still convinced they’re winning.
Trump Slams Fed Chief Powell: Stocks Plummet as Dollar Hits New Low
- Monday, 21 April 2025
US stocks and the dollar plummeted as President Donald Trump intensified his attacks on Federal Reserve Chair Jerome Powell, calling him "a major loser" for not lowering interest rates. The S&P 500 fell roughly 2.4%, while the Dow Jones Industrial Average dropped 2.4% and the Nasdaq fell more than 2.5%. The US dollar index hit its lowest level since 2022, and interest rates on government debt continued to rise.
