The end of Fed independence: Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

https://www.cnbc.com/2026/01/12/fed-jerome-powell-criminal-probe-nyt.html This mean large interest rate cuts and more QE - or else. Add to that, ever growing deficits and a weakening dollar and that spells INFLATION. He really is going to do for the US what he did for his businesses: Chapter 11. Whatever inflation hedge you prefer, pile into it.