A nation can keep only 2 of 3 Econ Policies at same time 1. a managed (fixed) currency 2. managed interest rates 3. free capital flows with other nations
1/ Nations must choose. They can’t have the “good stuff” that evens out your economy (fixed currency and managed interest rates) and still have free-flowing capital in and out of the country. At some point, your policies will be at odds with the world
And that is now...
2/ when currency valuations and/or interest rates get out of whack, then capital will either:
- flow in so fast as to overwhelm the financial system - flow out so fast, sending economy to a death spiral.
While you are distracted, The Gov is quietly sneaking new legislation to change banking and, this has a massive impact on you, your privacy, and your money
A Thread 👇
1/ as most of you have seen, the Gov has been sneaking in all types of new reg's into Stimulus bills. The Crypto world united to push back on the changes to sneaky regs, and... The pending $3.5 T bill has plenty including turning banks into Spying Assets and Weaponizing the IRS
2/ To "pay" for spending bill, they must try to "find" the money, by tightening holes and increasing taxes. Idea is to monitor every single bank account with $600+, and report every single transaction including, Venmo, Paypal, and Crypto to the IRS, for full ongoing audits
Labor Day is to honor the achievements of American workers, but the Fed has been screwing them over for decades
A short thread with some stats and numbers 👇
1/ it wasn't that long ago, retirement was possible if you saved some money...
From 1960s to 2007, the avg int paid on a 10yr gov bond was 7%. If you worked hard, saved in a bond portfolio, reinvested interest, $100k would grow to $750k in 30 yrs. Enough to have $52.5k per year
2/ But, when the Fed Res decided to wage a “war” against deflation during the 2008 Financial Crisis, it also waged war on Workers & Savers because to save the stock market, the Fed cut interest rates to near zero.
You and I, the American savers and retiree – got screwed. - How?
🚨Fidelity Predicts #Bitcoin Price In 5, 10, 15 years!
But more important than "where" the price goes is "how" it gets there, what are the key drivers and indicators, what is the important data to watch as this thesis plays out
A Thread 👇
1/ First about @Fidelity, one of the largest investment firms w/ over 26m customers, $6.5T in customer assets, and $2.4T global AUM. They have been mining Bitcoin since 2017, started Digital Assets in 2018, Investing in BTC companies in 2020, and providing BTC loans in 2021
2/ Before looking at price, lets understand it better. Always about SUPPLY v DEMAND
An S Curve helps us understand the adoption cycle or time frame. The rule is the time it takes to get to 10% adoption is the time it takes to go from 10%-90% adoption. Should see 90% by 2029
🚨China just made their 2nd Fatal Mistake In 100 Years
While most know China's banned #Bitcoin mining, many are speculating why they would do this, I believe the answers are laid out for us in history and they're repeating the same crucial mistake again...
Time for a thread 👇
1/ First what just happened? While many have argued China-controlled #Bitcoin because the majority of mining was taking place inside their country, this argument is now dead as #BTC miners have been kicked from the country
2/ As China did have the majority of the mining, it was a major attack, with about 53% of the hash power turned off. But, the worst is behind us now, and this is a net positive. Decentralizing the mining to more locations and countries and proved how resilient the #BTC network is
🚨The 3 Letter NGO's: IMF/WEF/WHO/WTO and UN, all have an agenda to control every aspect of your life. They tell us on Websites, Books and Speeches. They have a plan to accomplish it, that most are missing
Understanding it is the first part to defeating it
Time For A Thread 👇
1/ A Push To Totalitarianism -
forget all the "ism" words that get confusing. Socialism, Communism, Fascism, Capitalism, etc...
There are only 2: (1)Centrally planned, controlled, captured. And (2) free, open, and competitive. easy to see we're moving from a free to controlled
2/ The Move To Totalitarianism happens in stages, by triggered by "FEAR". If they can scare us enough, then we need them to protect us. We need safety, right?
by creating a victim mentality, we then search for a savior, and the state is standing by...
🚨 The American Dream is being stolen, turning the "land of opportunity" into a "Land of Serfdom" right in front of our eyes
It's happening with just a few policies and a money printer, BUT... we have a solution to stop this before it's too late!
time for another thread 👇
What was once the greatest driver of household wealth, has now turned into the:
Greatest "Wealth Heist" - This particular wealth transfer started with the 2008 Great Financial crash and has only picked up steam, but...
it really started back in 1994, so...
let's go back in time
It started with President Bill Clinton in the early '90s. 1st he legalized interstate bnkng, 2nd allowed commercial and invstmnt bnks to combine, but it really got started with our buddy Andrew Cuomo, then Sec of H.U.D, with what was known as the "National Homeownership Strategy"
🚨This is How The US Dollar Dies –
Lots of talk of the USD losing reserve status, and an entire global currency collapse
Few realize we are in the middle of it right now, watching it happen, but most fail to realize because
they don’t understand the signs
Time for a thread 👇
first, we have to understand why currencies die and yes, all currencies, either devalue or die. Since the 1700's we've seen 750 different currencies and only 20% remain, and all of them have been devalued. This means they buy less today than they did originally
This is always because the country racks up too much debt. To pay it back, their options are limited to only 4 options. 1. Austerity, 2. Debt Default, 3. Raise Taxes, or... 4. Printing Money and Devaluation...
#1 is too hard, 2 and 3 have limitations, so 4 is always chosen