Ray Dalio lays out why the world has gone mad, why the system is broken, and makes the macro case for plan ₿ – buy Bitcoin!
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Imagine having a dad that didn’t care about, losses the family wealth a handful of times, takes 35% of your earnings every month while printing more money to lower your buying power, brings his violent buddies(police) who don’t like you to bother and harass you for having plants and at the end of the day you gotta pledge ellegence to em
Priceless financial disseminations as usual..! Thanks
Regular people don't have wealth though, they have debt. Printing money causes inflation that causes reduction in the value of debt. If prices and wages go up, savers are hurt, but borrowers benefit. Regular people are borrowers. The problem will hit only when interest rates go up as well
I think you're correct,they will keep this going for years.All the doomsayers,have been consistently wrong and the precious metal (so called experts)about prices going to the moon.Just got to hang in there,HODL,HODL,HODL.
Ew! Trickle down eurinomics?
Bitcoin is fucked too Lark…..did you hear that a group of German bankers now want a centrally controlled "crypto" to compete with independent crypto currencies and they will outlaw all private cryptos…it is looking pretty grim for Bitcoin. German's control the EU. Germany accomplished with the EU what Hitler could not without firing a shot.
That nightmare that you are telling is alresdy happening in Argentina. We know this situation, we have 50 % annual inflation.
People in plan B here some of us .
Thank you.
Dump trucks full of cash being dumped on the financial system. The rich will angle to protect the system they know and love. FIAT to them is nothing but a tool. They can and will buy as much BTC as they want silently through OTC desk so it does not push the price up, and dump it as they see fit. The loss is just a write-off. When BAKKT starts cash settlements in early 2020, they joined with the CME will have the power to finally beat the Tether mafia. BTC will range sideways for years. Traders with leverage will not care as long as candles move.
The problem is we have crony-capitalism or fascism…..just like Nazi Germany.
BTW: Fed is rigging Bitcoin (and thus most other cryptos) too. When they introduced the CME cash-settled Bitcoin contract it was all over for cryptos. Cryptos are now another toy for the Fed can play with to sucker people, just as it does with gold and silver.
I disagree with Dalio…this can go on forever as long as the Fed can print money and also rig all markets. They also control all the stats that come out of BLS which are nothing but lies. True, the economy may grind to a halt but Fed can keep stock and bonds from collapsing and that is all that matters to the Fed. Fed could care less about Main Street! Wall Street is all that matters to the Fed.
thanks t. ancap
Tezos High 70 percent with The good news is Coinbase introducing staking reward for Tezos holders on Coinbase: https://www.thecoinrepublic.com/tezos-xtz-price-prediction-2019-2020-a-steady-climb-for-xtz/
The financial system does not work under free market laws. So it is not neoliberalism’s fault, much the contrary. A true liberal system wouldnt have a CENTRAL bank or legal tender fiduciary monies.
₿ ❤ ADA
Lark is a Marxist.?
maybe you could do investigative episode on how actually btc cound go wrong…..what are the dangers
where do you guys buy safely lovely BTC ?
TULSI 2020
You are the man, Lark. I love your videos.
Like the life boat part
4:17 George Carlin "It's a big club, and you ain't in it".
Will you talk about bitcoin distribution?
amazing… like that video!!!
We drastically underestimate the impact of social distinctions predicated upon wealth, especially inherited wealth
The return of the avoidance of a $10,000,000 dollar tax imposition obtained by a $1,500,000 campaigns contribution cost by Amazon in Seattle, and the escape from any future charge for costs imposed upon Seattle by Amazon's operation.there….leads one to wonder…
Who is taxing who? ok, ok Whom is taxing Whom?
Great content
I am a confirmed Hodl'r but you just make it that bit easier so thanks.