The United States has always had the problem of inseparability between politics and business, which is manifested in the fact that politicians will immediately transfer to commercial institutions or research institutions after leaving or retiring, on the one hand, with a high salary, on the other hand, they will continue to promote their political ideas, and use the contacts he has accumulated in ** to seek benefits for business customers.
Pompeo, the former US Secretary of State inside Trump, is one such example.
On the contrary, similar to our "learning and excellence", after each **, there will be some elites of commercial institutions or research institutions who are selected to serve in the **, using their doctrines to guide the work and even formulate guidelines and policies. Biden's Sullivan and Blinken are both such people.
This "revolving door" phenomenon is very common in European and American countries, especially in the United States, and has brought politics and business closely together to form a special interest group.
It is reported that the president of the Federal Reserve Bank of St. Louis Bullard is about to step down and leave the Federal Reserve completely in August, no longer holding any position in it, but turning to the dean of the Purdue University Business School.
This is the latest case of a "revolving door", and Bullard is not an ordinary banker, he has the title of "Eagle King" at the Fed, and has repeatedly called for aggressive interest rate hikes to combat soaring inflation.
Therefore, with the departure of Bullard, it is bound to have a significant impact on the Fed's aggressive interest rate hike policy, and it is more likely to be a reflection on the failure of the top 20 large US banks in the previous period.
The Fed loses the impetus to raise interest rates, the impact on the United States and the world economy will be great and far-reaching, and will play a great role in promoting the internationalization of the RMB.
Here, we can't help but start worrying about Yellen's United States: although we have differences and contradictions with the United States in many aspects, we still care about the lives of ordinary Americans and hope that they will live a happier life. If "zero-dollar purchases" make them happy, then let them go.