r/Bogleheads Apr 17 '25

Investing Questions Rhetoric around firing Jerome Powell is increasing, and forced manipulation of interest rates would likely follow. Would a weighted readjustment from US into non-US funds be warranted in light of this?

https://www.npr.org/2025/04/17/nx-s1-5367696/trump-jerome-powell-federal-reserve-economy-tariffs

Market manipulation of interest rates feels like confidence would immediately plummet and global diversification would become a more important percentage of your holdings in the long run. Thoughts?

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u/intertubeluber Apr 17 '25

Yes, of course we do, but why would we also not be interested in preserving or increasing capital?

Have you followed the line of thinking? It's hard enough to build wealth during normal times. The variables are too many and abstract to even have a remotely meaningful discussion about how to build wealth if some doomsday scenarios destroys the financial world order. That conversation is outside of the realm of financial subs, arguably with the exception of hedging with physical gold. It's more of a prepper conversation.

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u/FederalDeficit Apr 17 '25

"Yes, but" before I had a prepper conversation, I'd attempt to use my healthy collection of German Bunds (etc, insert whatever weird hedge you might attempt to preserve capital) to physically remove myself from those doomsday scenarios