US Domestic Politics & Its Global Effects
อีลอน มัสก์ จะยุบแบงค์ชาติสหรัฐ!?
Summary
Abolishing the Fed is not a new proposal, but having the richest man in the world and a key Trump backer endorse it changes its standing.
The talk runs through what the Fed does, why anyone wants it gone, and where Trump himself sits on the question.
The consequences would not stay inside America. They would reach the global financial system and the Thai economy directly.
Key points
The Fed sets the price of money everywhere
US rates are the reference other countries have to follow, whether or not they agree.
The proposal is older than it looks
Opposition to the central bank dates from its founding. What has changed is who is saying it.
The odds are low; the effect of saying it is not
Uncertainty about central bank independence moves markets without any abolition taking place.
Thailand feels it through the currency and rates
What is decided in Washington reaches Thai accounts faster than most people assume.