Jeffrey Tucker, founder and president of the Brownstone Institute, joins Ernest Hoffman of Kitco News to explain why Bitcoin is rallying and how the Fed’s monetary policy will drive the U.S. economy into recession. They also discuss the Treasury’s bank bailouts, dedollarization, and the impact of household debt on the prospects for recovery.
Follow Jeffrey Tucker on Twitter: @jeffreyatucker
(https://twitter.com/jeffreyatucker)
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(https://twitter.com/KitcoNewsNOW)
0:00 – Intro
0:51 – Bitcoin fulfilling its role
2:50 – Fed’s loss of credibility
7:21 – Fed is driving economy into recession
14:33 – PPI decline means recession
18:40 – Consumer household debt
20:51 – Recession will be obvious by July
24:24 – USD weaponization and dedollarization
32:20 – Gold and Bitcoin in stagflation
#bitcoin #gold #recession
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31 Comments
Kills economy? Only businesses dying are failed ponzi schemes
Btc pumps 24-48 hours after every tether print. It's been happening for years.
People are getting fleeced and channels like this who aren't exposing the tether scam are complicit.
Red state/blue state? How about red counties/blue counties? 35:40
Only a sucker would piss away money on crypto .
The interviewer needs to stick to asking questions. Excellent having Jeff Tucker out there and hearing his views.
Double spend problem was solved through proof of work.
Sounds about right because the rapture is Sep 15th, and you don't want to be here after that.
Speculative bubbles have always existed. Some people make a lot – some are cleaned out.
WOW great to see Jeff Tucker again after so many years !
I've been trying to give David Lin's replacement the benefit of the doubt. His off the cuff comment about "tons of Mexicans" however confirms that his journalism is grossly inferior to that of Mr. Lin's professionalism.
Rich people act like bitcoin is the money of the future and 90% of Americans are like wtf is btc? Because paycheck to paycheck doesn't allow for btc…..
Dumb money is piling into the speculative Bitcoin once again, will they ever learn?
This guy looks like Alfred from the Batman movies of the 90s.
Jeff is one of the first guys I listened to when I got into Bitcoin in 2013. He knows his shit.
how can a bitcoin go from a 5 dollar pizza to 30,000 dollars? that makes no sense, bitcoin does not do anything but sit there
Red states are good until libtards move there and destroy them
The first rule of central bank induced inflation, is that central banks do not cause inflation. The second rule of central bank induced inflation, is that central banks do not cause inflation.
1:50 dollar parity? I’m waiting for the day we have penny parity with Satoshi’s.
$16,000++ LOWS in the DECEMBER/JANUARY New Years …
… those are ''NOT'' the lows …
''THE'' bottom was in the month of ''NOVEMBER'' of 2022 in the …
$15,000's … yep … NEW ''ALL-TIME'' HIGHS coming in the next 9 months or sooner!
Quit interrupting PLEASE ! He’s the guest
Stop interrupting
Bitcoin is NOT “Digital Gold.” Bitcoin is nothing more than a Digital Token. The fact that so many People believe in Bitcoin just comes to show how delusional People are today. There will come a day when Bitcoin Holders will become laughing stocks. People will invent Jokes about Bitcoin Holders for generations.
The interviewer should try to talk less please
Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock…
Propaganda.
Interviewer is talking too much.
If you are not buying $fakt coin you gonna miss out on huge gains
Where is David ? This host can do with some coffee ?
So much interrupting. Wtf lol
Getting advice from lottery winners on how to win the lottery. 🏆
Bitonot I lokymot evropehe USA toe brs ko molnata koe toj danso vrboski severna Makedoniya prile pokywaja na sekavihnoto hovehe dago prevarat no toj sekavihen rekol 2029 godina. Molnata ə buzovna sekoj. Neka veryva 0:01