President Donald Trump announce, that due to the sky-rocketing egg prices the Federal Reserve considering an “egg-backed dollar” instead of “gold-backed dollar” to stabilize the market.
WASHINGTON, D.C. – In surprising announcement that has shocked financial experts, President Donald Trump has proposed that the Federal Reserve to consider switching from a gold-backed dollar to an “egg-backed dollar” in response to skyrocketing egg prices.
Speaking at a press-conference in the White House, Trump declared, “Eggs have become so expensive, eggs are the new gold! Have you seen the prices? Incredible. Frankly, people are hoarding them like treasure. It only makes sense – nobody eats gold, but everybody eats eggs!”
The plan, which Trump has dubbed “The Great Egg-onomics Revival,” would allegedly peg the U.S. dollar to the price of a dozen eggs instead of traditional commodities. Supporters argue this could finally bring stability to breakfast tables across America.
However, financial analysts warn that a currency backed by eggs could be fragile, prone to cracking under pressure, and highly dependent on whether chickens feel like laying that day.
Critics also note that international markets might scramble to adjust, with fears that Canada could retaliate by backing its dollar with maple syrup.
Federal Reserve officials have yet to confirm or deny Trump’s claims, but inside sources suggest Chairman Jerome Powell was seen Googling “Can eggs be stored in vaults?”
Meanwhile, egg farmers nationwide are reportedly ecstatic about the potential windfall, with some already rebranding themselves as “poultry tycoons.”
Whether this bold plan hatches into reality or simply turns out to be another half-baked (pun intended!) idea remains to be seen.
* Image: Pixabay.com