TikTok Economics and the Collapse Of The Dollar

When Competence Becomes The Enemy: Trump’s Plan To Break The Fed, Blame Powell, Take Control

-by Jerrad Christian

Jerome Powell is about to be the fall guy for a bunch of guys playing with the US economy like a 3 year old with a gun.

And right now, they’re getting away with it because inflation’s low— 1.66%, by some estimates. That’s not because of anything Trump did. It’s because Powell did the hard thing years ago. He jacked up interest rates when inflation hit 9%, kept them there, while he took the hits from both sides, the economy cooled without flatlining.

That’s what happens when someone actually gives a shit about keeping the system from flying off the rails. It’s years of understanding and knowledge about how the system works at a grander scale. Powell didn’t just watch a few Tiktok videos of Giga-Chad sitting in the front seat of his pickup truck talking about gas prices and how great Trump is at business. Powell earned his knowledge and experience.

But now, because inflation is low, Trump’s mouth breathers are pretending it’s proof that everything’s fine— that the Fed can cut rates, that we can ignore the deficit, and that Trump’s version of economics didn’t leave a smoking crater in the middle of the system.

But I have a secret for you: they're wrong.

Inflation is low for now— because the Fed held the line. But we’re one reckless move away from snapping that line in half.

Tariffs are coming. Or... they’re not? I suppose it depends on what the last person to talk to Trump said was a good idea. And he’s floating new ones now. Some as high as 60% on goods we depend on. But billionaires don’t feel that pinch. We do. Small businesses do. It hits everyone buying food, clothing, hardware, and anything that touches a global supply chain. Those price spikes aren’t in the data yet. Companies are still selling through old inventory they bought up at Trump’s tariff threats between election night and January 20th. But the second those new shipments land, that 1.66% gets set on fire.

Here’s the part they hope you don’t get: Trump doesn’t care about inflation. He cares about cutting rates and printing money to cover the $5 trillion hole he blew in the deficit so his buddies could make money. That’s what all this noise about Powell is about— replacing him with someone who’ll inflate the debt away without calling it that. Someone who’ll gut Fed independence so Trump can call the shots and keep pretending he's a genius.The plan has always been to break the system, then blame the fallout on someone else. We’ve seen it before when Russia slid from chaos into dictatorship— crash the economy, promise to fix it, then gut every institution that might say no. That’s what this is.

Trump’s not trying to fix the Fed. He’s trying to own it. Like every other office, he’s trying to replace competence with obedience. Once a president can jack interest rates up or down based on ego and polls? Chaos that “only I can fix!”

They’re going to spin this like Powell caused the problem no matter if he raises the rates or not— when the truth is, he’s the only reason we’re not already buried under it.

People have been doing hard things for a long time. Holding families together. Working shit jobs that don’t pay enough. Scraping by while the system tells them to try harder.

And now we’ve got a party that wants to blow it all up just to stay in power without fixing anything. They’re not interested in a stable future. They’re interested in control, headlines and scapegoats.

I don’t care if anyone likes Powell. Hell, I sure never imagined I would be writing a defense for him, but here we are. We can’t let the loudest voices rewrite the story while the rest of us pay the price for their vanity and lies. Because if we don’t start calling this out and raise hell every time they try to rig the rules and bury the truth— they’re going to walk away with everything.

Repeat after me: They broke it. They’re breaking it. And they damn sure don’t get to act like saviors while the rest of us drown in the mess they made.