Will the federal reserve pivot and STOP raising rates? Don’t hold your breath. Here’s my crypto plan.
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37 Comments
I am not gullible to believe anything they say. 2 years ago these idiots said inflation is "transitory". Every time they say something, the opposite is true, they will pivot!
😂 ‘until we come back down to 2%’ That will not happen on the Fiat standard, the debt based economy is BROKEN beyond repair. 😂either clueless or a pathological liar. I’ll take the latter for $200, Alex.
“We’re forward thinking” aka, please don’t look at our past track record as we’re about as incompetent as it gets when it comes to monetary policy and fiscal responsibility
Why not showing the holdings?
What do I think about that? I think that that woman hasn't a clue what she is talking about and is spouting ignorant BS, certainly according to Greg Foss on Simply Bitcoin channel today, who seems to be far more knowledgeable than most people about this and the most informative opinion I have seen in a long time.
Rob, they keep lying. They say they're not but they will.
Well clearly they are not good at forward looking because here we are today.
2%? These people are fucking insane.
Forward looking but they use lagging indicators 🤣
thanks
They keep raising rate it destroy the economy and it hurt other countries. Keep raising it will cause war.
I've been micro DCAing also . You'd be surprised at how much you accumulate after practicing that for a few weeks . And I'm not over extending myself but keeping pace .
I feel if the FED is selfish and doesnt Pivot soon this will give our enemies around the world another reason for WWIII. We are in a recession , however we are headed towards another depression at this point with the way this is going and what fixed our great depression the last time?? Yupp.. you just answered my retorial question. The more things change they seem to stay the same. If that's what the FED wants.. but it's in their favor , not ours
Thanks Rob. My vapor blasting business was running balls out from summer of 2020 until winter 2022. I could barely keep up with orders. Then it slowed down like never before, and has been crawling since. Even if Kevin's companies aren't seeing it, I think the everyday Joe is seeing the cost of things going up and up, and cutting back spending on things that aren't necessary. In my case, my customers are people who restore motorcycles, and autos. Personal, and resto businesses. People are scared right now, but eventually they'll get tired of worrying about spending, and start again. That seems to be the way it goes.
She said "everyone is feeling it". I hope the reporter pushed back on that!
Video of the week. Good stuff and good news. Inflation is my #1 concern. Recession is just a word compared to the back-breaking effects of 5-9% inflation.
Lol " i go out into the streets and talk with small business owners and companies" what a load of bollarks .. she would get beyond her cuppochino machine in their office. Talk about lies. . ..yeah they never mention the money printing …..oh did they ever find that missing 3 trillion yes trillion that rumsfield said went missing some years ago or are they still looking for that like they are still looking for the wmds in Iraq that bush n Co said were definitely there 1.4 million Iraqs civillans dead ….bloody fed best thing they could pivot to is Rope…..
The whole thing is a clown show sorry Rob. … disgusting……over 30 trillion n debt that will never be paid back. Again clown show …
Rob- what would happen with ADA on Voyager? I heard FTX doesn’t support ADA.
Thanks Rob
Keep up the great work Rob, have a good one.
The whining and bitching in crypto space is nauseating. Hint: Never ever hold your breath waiting hoping for external factors in life to align with your initiatives. That goes for investments jobs side hustles businesses etc. Yeah it's tough out there .and will get tougher. Get your house in order…keep your eyes open, keep that ship tight and get busy…best case scenario we've got 24 months before bull..worst…5+ years. Not a perma bear…just a realist…
Jan 4 – 2000 spot gold about 288 USD/oz
Jan 4 – 2020 spot gold about 1550 USD/oz 5.3 times your initial investment by 4/1/2022
Oct 7 – 2022 spot gold about 1810 USD/oz 6.28 times your initial investment by 4/1/2022
(pyhsical gold buy/sell and storage costs not considered in calculation)
The stated stock market returns for US$10,000 investment over the 20 year period are most likely not adjusted for real inflation (loss of purchasing power) and so not a fair comparison to holding physical gold over the same period.
Crypto is a joke. lol jokes on the investors ha ha ha.
They won't outright pivot so they can save face, instead they will buy through the reverse repo markets
I find it funny that we will start getting our California inflation relief checks on Friday. With the money the government is still throwing at people because of Covid, and the school loan forgiveness and the stupid inflation reduction act, we may as well just pile it on at this point…as Ben says, whats another trillion between friends? Maybe they should spend a little less time “out talking to people”. People are stupid and greedy.
Solid show, Rob!
Excellent information
Rip off the band aid and raise it to double digits or pivot and let inflation soar. This slow climb is grating.
Every occupational therapist/physical therapist whom I know, in California has several jobs. We only have part time hours. This started in 2009. Those of us 40 years and older are only finding very part time work (8 hours a week or less). Gas prices are almost $7.00 a gallon in CA.
if we would just pump more of our own oil and natural gases. prices will go down. inflation stops. most are working and getting paid more. employers gonna fire and then hire someone cheaper?
i like that you break down the important bits. i wouldnt watch an hour long interview. putting the important bits in bite sized pieces is appreciated.
thanks ROb
These fed need help, I want to hurt them them….
Rob, your channel is the best
Thanks
I would appreciate to see which alts you buy. Thanks Rob
Thanks for being one of the few cutting through the bullshit the existential narratives and conspiratorial rhetoric
Mary looks like a guy