🚨 $DASH | Macro Controversy & Credibility Concerns
Debate is intensifying after reports that central bankers in Europe are defending Fed Chair Jerome Powell amid criticism over a reported ~$3B renovation project — an amount many analysts argue is far above typical costs for a building of that size.
📌 Why markets are paying attention:
Questions around spending discipline and transparency
The Fed has posted significant losses since Covid, largely tied to its bond portfolio during aggressive rate and liquidity policies
Critics argue that additional spending ultimately expands the balance sheet, reinforcing concerns around monetary credibility
⚠️ Bigger Picture:
This isn’t just about one building — it feeds into a wider discussion on central bank accountability, balance-sheet risks, and trust in fiat systems.
Macro narratives matter. Confidence matters more. 💡
