The Senate on Sunday afternoon passed Democrats’ $750 billion health care, tax and climate bill. The Democrat-controlled House, which is expected to take up the legislation on Friday, August 12, must approve the bill before Biden can sign it into law. The bill claims it will raise over $700 billion in government revenue over 10 years and spend over $430 billion to reduce carbon emissions and extend subsidies for health insurance under the Affordable Care Act and use the rest of the new revenue to reduce the deficit. The Act is also being labeled as the largest climate investment in US history, including EV credits for new and used electric vehicles (which may or not qualify for any actual EV). The big question is how this massive corporate handout will effect the stock market and particularly the crypto markets + Bitcoin (BTC).
Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
website ➜ https://bit.ly/InTheMoneyStocksite
#crypto #bitcoin #cryptocurrency
~”Inflation Reduction Act” vs. Crypto Market w/ Gareth Soloway~
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29 Comments
"Inflation Reduction Act"
A bad joke equal to the:
"Affordable Care Act"
No matter we have the worst administration in our nation's history a child could do a better job absolutely stupid to not hold BITCOIN
The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised over $300 million from retail investors worldwide, including in the United States.
Gareth always gives Clarity👍
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds
I like gareth. Some real insight
King John’s ‘Magna Carta’ 🏴 being sidestepped in the England, after confiscations in 🇨🇦 Canada and Germany.
Digital passports, and sanctions of journalists are reminders of the urgency of moving into Bitcoin Litecoin & Crypto…🏃🏿♀️
Ref Journalists Alina Lipp & Graham Phillips
Gareth says " when the FED starts printing again "…Hey Gareth..the FED is printing right now..who in hell do you think is buying up the bond and stock market..its 80% the FED you just aren't supposed to know about it!
Bitcoin will not get down to 10k again, there is a lot more money in the system these days. This is not 2017.
My biggest mistake has been not taking profits.
What happens if fed hike rate by another 0.50
Sir Avery Clifford has been the best when it comes to analyzing and applying strategic methods in trading,that has made him the greatest of our time.
Hey Sir Paul, can you turn on the option to download for offline viewing (YT premium)? – Thanks!
Thanks for your input
Absolutly Agree!!
Reallly really amazing stuff. Thanks to you two for the chat!
Gareth is awesome, more realistic approach than George or any other crypto YouTuber
"Recession" this is a "clowncession"
Government should not get involve until crypto has proven utility for a few years. At this point it is a "Greater fools game".
❤️ That Garreth. Paul, you are terrific as well!
Hey! Would you also cover LunaOne?
Do you think the upcoming BTC dip, to say 12K, will be more of a quick wick or will last longer?
I totally agree with what you are saying …. <The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion and think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 10.6 BTC in just three weeks, with the trading strategy given to me by expert trader Kathleen Rife.
It's always be great content to watch, cant wait for next one. Keep it lit ser!
As you can see we are already in <August and I feel for those who would allow the market dynamism to determine when to trade or not are either new in space or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than holding. Trading went smooth for me, I started at 1.7 BTC and i have able to raise over 13.2 BTC in just few weeks of implementing trades with signals and insights from Vivienne Ashcroft Signals. I would advise y'all to trade your asset rather than hold for a future you aren't sure about.
kids are high in hopium that the fed will start print again. Wishful thinking 😀 like they say don't fight the FED
What a great show! Thanks for all your work and insight ❤️
Really.
BTC 10k-12k
ETH 300 – 400
If it never reach there, you are making injustice for small investors, you put their trust in you.
Blackrock will own everything.
Not good.
If Gareth is so accurate at timing the bottom then why didn’t he buy it? Answer: Because Gareth is very talented but he doesn’t have a crystal ball.