Simply Bitcoin Jerome Powell Arrested?! Why Trump’s War on the Fed Is Bullish for Bitcoin | Simply Originals
Jan 13, 2026
Jerome Powell finds himself embroiled in a criminal investigation, raising questions about the Federal Reserve's independence. The hosts unpack Trump's long-standing feud with Powell, highlighting the political implications of the inquiry. They argue that this politicization threatens market confidence, positioning Bitcoin as a more appealing store of value. Discussions also cover major BTC acquisitions by MicroStrategy and Fidelity's signals for a supercycle, while debating the merits of abolishing the Fed for a gold standard alternative.
AI Snips
Chapters
Books
Transcript
Episode notes
Federal Reserve Independence Broken
- The DOJ subpoena of Jerome Powell marks the end of a century-long era of Fed independence.
- Political pressure now threatens monetary policy, changing incentives for future Fed chairs.
Trump's Direct Feud With Powell
- President Trump publicly threatened to fire Jerome Powell and criticized his competence over rates.
- The hosts replay Trump calling Powell "a stupid person" and demanding lower rates immediately.
Monetary Politicization Impacts Capital Flows
- Whether Powell yields or is removed, the result is the same: monetary policy will be politicized.
- Loss of central bank independence will shift confidence, capital flows, and stores of value globally.
