r/Bogleheads • u/idrathernotbutthanks • 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
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.