The crypto collapse shows the Fed's job is 'almost complete' against inflation, Jim Cramer says
CNBC’s Jim Cramer broke down what the collapse in crypto means for the Federal Reserve’s battle against inflation on Thursday’s episode of “Mad Money.”
Hey McFly, remember when bitcoin fell from 20k down to 3k? It came back with a vengeance. This is no different. Let's go Brandon! Way to set records! Unfortunately not the kind of records a president wants to be setting.
Inflation = Increase in the money supply, A rise in prices = It's likely outcome. Where did the money for all "that speculation" come from? Who kept interest rates low through inflation of its Balance sheet? Yeah! Crytpos might be a scam but this guy sits on the bord of the Federal Reserve of Blanlant Lies, guess what? they printed so much they're worthless now!
I'm 54 and I and my wife earn $170,000 bi-weekly returns from our digital assets portfolio but we are VERY worried about our future because of the gas and food prices rising daily. We have had our savings up high with the cost of living into the stratosphere, we are finding it impossible to retire. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 30years nonstop just for a crooked system to take all you worked for.
2022-07-01 THE COMING RECESSION WILL BE VERY BAD AS CONSUMER DEMAND IS COLLAPSING, GOVERNMENTS AROUND THE WORLD ARE IN POOR FINANCIAL CONDITION, AND THE US FEDERAL RESERVE IS LOSING CONTROL OF THE FIGHT TO STOP CONTINUOUSLY HIGH INFLATION. THIS COMING RECESSION WILL MATCH THE 2008-2009 "GREAT RECESSION" IN SEVERITY AND ANY ATTEMPT BY POLITICIANS TO RE-INFLATE AND ALREADY OVER-INFLATED ECONOMY WILL BE LARGELY UNSUCCESSFUL. STOCKHOLDERS ARE AND WILL CONTINUE TO BE SEVERELY PUNISHED! LOOK FOR A MAJOR STOCK MARKET BOTTOM IN LATE 2023 BELOW 2400 ON THE SP500!
Focusing only on BTC is like focusing only on the commodities sector in the stock market. The value isn’t in crypto’s “store of value” but the entire autonomous ecosystem being built within blockchain technology; such as ethereum. Not to mention, many of these tools being developed could greatly benefit the Fed and central banks.
Cryptocurrency thrived while fiat currency was being printed in TRILLIONS. Now the Fed has to get rid of NINE TRILLION DOLLARS from its balance sheet and raise interest rates as well to fight hyper inflation. Good luck with that !
Don't listen to this guy. Sooooo many publicly traded US manufacturers are being crippled with supply shortages. 3rd & 4th quarter will show the restarting point for many of these companies.
I'm in cash. Not riding this one down. I'll buy when I start seeing supply issues ease and when car lots are stocked. Wait till this winter. Food and energy prices going through the roof.
Inflation is causing a lot of issue in the world ranging from food shortages, diesel fuel and heating fuel shortages, baby formula shortage, shortage of and price of available cars, the price of housing. It's all coming together and could lead to real disaster toward the end of this year.(or sooner) .
He did say “ the feds trying to wipe out crypto to tame inflation?” Right?..why do we allow this to happen? #Elonmusktheprophet please rescue us! They are probably using our money and hedging against crypto. Mooooooooooooo FML
I believe< that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Marie Freeman has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
45 Comments
Bitcoin low is 8-10k imo
Bull 💩💩💩
#Bitcoin is King 👊😎
Crypto is almost as bad of an Investment as listen to Cramer!!
You been drinking, Jim…Inflation and the Fed's job is almost complete???
Have some self respect Jim….crypto has nothing to do with inflation. Stop misleading people.
This was Jim 9 days ago so….. https://www.youtube.com/shorts/eOleujODSTQ
Hey McFly, remember when bitcoin fell from 20k down to 3k? It came back with a vengeance. This is no different. Let's go Brandon! Way to set records! Unfortunately not the kind of records a president wants to be setting.
People who HODL BTC are Crazy
I Have been HODL Tulips since 1690 and they still not come back 😒
dont forget cramer told you to buy in the 50ks
Crypto, Market, Peoples Savings, Crash, Thanks to Powel the Fool. Usa is about to fail in artificial way thanks to that fool.
🥲
Long live gold then🎉🎊🎊🎉🎊🎊🎊🎊🎉🎉🕳️🎉⭐🎉⭐⭐🎊🌟✨✨✨✨✨!!!!!
Inflation = Increase in the money supply, A rise in prices = It's likely outcome. Where did the money for all "that speculation" come from? Who kept interest rates low through inflation of its Balance sheet? Yeah! Crytpos might be a scam but this guy sits on the bord of the Federal Reserve of Blanlant Lies, guess what? they printed so much they're worthless now!
First down and first up.
This means there will be more downward trend to bitcoin and stock price
I'm 54 and I and my wife earn $170,000 bi-weekly returns from our digital assets portfolio but we are VERY worried about our future because of the gas and food prices rising daily. We have had our savings up high with the cost of living into the stratosphere, we are finding it impossible to retire. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 30years nonstop just for a crooked system to take all you worked for.
2022-07-01 THE COMING RECESSION WILL BE VERY BAD AS CONSUMER DEMAND IS COLLAPSING, GOVERNMENTS AROUND THE WORLD ARE IN POOR FINANCIAL CONDITION, AND THE US FEDERAL RESERVE IS LOSING CONTROL OF THE FIGHT TO STOP CONTINUOUSLY HIGH INFLATION. THIS COMING RECESSION WILL MATCH THE 2008-2009 "GREAT RECESSION" IN SEVERITY AND ANY ATTEMPT BY POLITICIANS TO RE-INFLATE AND ALREADY OVER-INFLATED ECONOMY WILL BE LARGELY UNSUCCESSFUL. STOCKHOLDERS ARE AND WILL CONTINUE TO BE SEVERELY PUNISHED! LOOK FOR A MAJOR STOCK MARKET BOTTOM IN LATE 2023 BELOW 2400 ON THE SP500!
STORM CLOUDS ARE GATHERING ON THE HORIZON!
Recession started 7/1 should be title of the video….
hearing lots of talk behind the scenes, money moving from stocks into crypto
This guy is a joke
Twoge Inu
Holding until 2030. Could care less what’s happening right now. I just wish I had more money to DCA.
cramer sounds hammered.
he didnt say that!
Focusing only on BTC is like focusing only on the commodities sector in the stock market. The value isn’t in crypto’s “store of value” but the entire autonomous ecosystem being built within blockchain technology; such as ethereum. Not to mention, many of these tools being developed could greatly benefit the Fed and central banks.
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This show is not called mad money for no reason
Cryptocurrency thrived while fiat currency was being printed in TRILLIONS. Now the Fed has to get rid of NINE TRILLION DOLLARS from its balance sheet and raise interest rates as well to fight hyper inflation. Good luck with that !
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Garbage news
It's time the real creditors in the world economy get paid their interest!
Don't listen to this guy. Sooooo many publicly traded US manufacturers are being crippled with supply shortages. 3rd & 4th quarter will show the restarting point for many of these companies.
I'm in cash. Not riding this one down. I'll buy when I start seeing supply issues ease and when car lots are stocked. Wait till this winter. Food and energy prices going through the roof.
BS !!! DEMONCRAPS are in CAHOOTS with BIG OIL to increase prices that caused inflation while increase RATES to enrich the BANKS !!!
Jim bozo !
Inflation literally done
This guy is such a clown
Gotta say I'm happy to see the coin a holes getn stomped finally.
Inflation is causing a lot of issue in the world ranging from food shortages, diesel fuel and heating fuel shortages, baby formula shortage, shortage of and price of available cars, the price of housing. It's all coming together and could lead to real disaster toward the end of this year.(or sooner) .
If the fed kills cyrpto it will just ensure the USA is not the future economic power of the world
He did say “ the feds trying to wipe out crypto to tame inflation?” Right?..why do we allow this to happen? #Elonmusktheprophet please rescue us! They are probably using our money and hedging against crypto. Mooooooooooooo FML
I believe< that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Marie Freeman has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
crypto is a ponzi and that is a fact
CRYPTO WAS SO FAKE FROM THE START. CAMT BELIEVE PEOPLE BUY INTO SOMETHING THAT IS NOT TANGIBLE