Trump's bold move, 47 states declare independent currency, possibly using cryptocurrency for loan repayments.
After this news broke, the financial markets immediately erupted, with significant fluctuations in the dollar exchange rate. Investors are nervously watching the subsequent trends and reassessing asset allocations.
The Federal Reserve is highly concerned about this, as it poses a significant challenge to the authority of its monetary policy. Coordinating the relationship between states and a unified monetary policy has become a tricky issue.
From an international perspective, countries are also closely monitoring the situation, worried that this could lead to chaos in international trade settlements and affect economic exchanges with the United States.
Cryptocurrency-related companies are seeing this as an opportunity, eager to expand their business and seek partnerships with various states, but the regulatory risks cannot be underestimated.
Domestic banks and other financial institutions in the United States are anxious, fearing significant changes in fund flows that could impact their operations and potentially increase the risk of bad debts.
The public is also buzzing with discussion, curious about what changes the new currency will bring, yet worried about whether their wealth will diminish as a result.
Analysis and Recommendations: Trump's action can be described as "shocking," reflecting the complex internal power struggles and management coordination issues in the United States. This serves as a warning that major national decisions require careful consideration of pros and cons, taking into account various impacts; otherwise, it can easily lead to chaos and instability in the entire economic society.
