Powell Drops the Bomb: Is This the Beginning of the End for the U.S. Dollar?
Strike CEO Jack Mallers didnât hold back in a fiery response to Fed Chair Jerome Powellâs June 2 remarks. In a passionate video, Mallers declared that Powell had "finally said the quiet part out loud" â the post-WWII monetary system is unraveling, and Bitcoin may be the only way out.
Speaking at the Fed's 75th anniversary for its International Finance Division, Powell acknowledged a pivotal moment in history:
> âThe end of the Bretton Woods era fundamentally changed the conduct of monetary policy.â
To Mallers, this wasnât just a historical footnote â it was an indictment.
> âBefore, the Fed defended the peg. Dollars were backed by gold. Then we abandoned the gold standard â and natureâs physical limits. Since then, the world has sucked. Pardon my language â itâs a kidsâ show.â
He sensed a shift in tone â a subtle but powerful admission.
> âPowell basically admits their job now is political. Unlimited money printing means they manage leverage, volatility, and chaos â not stability.â
Mallers warned that the public is being softened for major financial upheaval:
> âMark my words. If Powell hints at a 4% inflation target â boom. If the Fed starts funding the U.S. government through yield curve control â boom. These are the breadcrumbs. More are coming.â
This wasnât just about policy â it was existential:
> âWall Street canât replace Chinese or Russian buyers. You let them lever up, but you have to kill volatility. Micromanage everything â until it all breaks.â
His closing words were blunt and prophetic:
> âThe monetary regime is changing. You donât get many of these moments in life. Bitcoin is going to be huge.â
#Powell #BTC #BitcoinStandard #EndOfDollar #PCEMarketWatch #JackMallers $BTC
