A new king ascends to the throne, should we light three fires first? Rising oil prices can't stop him from cutting interest rates!

The Middle East conflict reignites, and Brent crude oil prices instantly surge past $82. The market is trembling: Is the wolf of inflation really coming back? Fed officials under Powell are indeed starting to hesitate, and some even hint, "Maybe we shouldn't cut anymore."
But soon, the Federal Reserve might be about to change.
The next nominee for Fed Chair, Kevin Waugh, nominated by Trump, has already rushed to the Senate with his nomination papers. His logic is simple and blunt: rising oil prices? That's nothing.
Waugh has long challenged Powell's theories: "Blaming Putin for inflation? That's naive." In his view, the printing press is the root of all evil; supply chains and crude oil fluctuations are just clouds. Want to tame inflation? Clean out the Fed's $6.5 trillion assets—it's a thousand times more effective than watching gas station prices.
Moreover, AI is advancing rapidly. Raising interest rates now to kill the economy is either foolish or malicious.
So the question is: even if warplanes roar and oil prices soar, as long as Waugh takes that seat, rate cuts are a certainty. Trump's desired 1% interest rate is not a dream.
See you in the comments: Do you think he truly understands the economy, or is he just too idealistic? Who's really stealing your wallet—oil prices or the printing press? #GateforAI重磅上线 $BTC