# How powerful is the Federal Reserve? Punching China and kicking Trump, it doesn't even spare itself when it gets tough. (Part 1) With the Federal Reserve maintaining high interest rates, the external goal is to continue to dry up global dollar liquidity, hoping to blow up China in the process. After the fallout with Trump, it also turns its guns inward, unhesitatingly threatening to trigger a recession to take down Trump. The Federal Reserve represents Wall Street, not the American people. First of all, the Federal Reserve is not a private bank as many self-media outlets claim; it is the legitimate central bank of the United States. Due to historical reasons, its structure is somewhat unique, with private components, but it is essentially a government department. But does being a government department necessarily mean serving the interests of the majority? That question is not so certain. In the U.S. financial and monetary institutions, most are deeply influenced by Wall Street interest groups, and many senior decision-makers in these institutions come from Wall Street executives. Therefore, we can see numerous examples of the revolving door, where many people leave the government only to return to Wall Street as executives, and when conditions are right, they move back to government decision-making positions from their roles as Wall Street executives. Now, it is clear that Wall Street is currently launching a comprehensive crackdown on China and on internal forces in the U.S. that do not align with its interests. Before discussing how the Federal Reserve attempts to blow up China, let's first talk about how it is currently targeting Trump's forces within the U.S.