1 00:00:00,000 --> 00:00:25,420 Well, speaking of uncertainty, so Quat the Raven, this is a guy who I like, I've learned a lot from. He tends to talk, you know, financial markets, macro. He has this really interesting article and he says, I'm sorry, but the Fed has run out of road. And the reason this is particularly interesting to me is because, Tony, we've talked on the show a long time, Brandon, I'm sure you've been a part of these conversations as well from time to time on can they continue to kick the can? 2 00:00:25,420 --> 00:00:29,360 And he seems to think, no, not any longer. 3 00:00:29,620 --> 00:00:33,440 If I were to give you like a TLDR on this, and I think everyone should go read this article. 4 00:00:34,660 --> 00:00:42,860 It's basically the premise that we've been saying for a long time, but we're actually at the end of this game, the charade that they've been playing. 5 00:00:43,300 --> 00:00:50,780 They're going to have to choose between a depression, a deflationary crisis, or printing more money. 6 00:00:50,780 --> 00:00:59,760 And of course, he comes up with the conclusion that they're going to print more money because it is the most expedient and not because it is the best thing for everyone long term. 7 00:00:59,900 --> 00:01:02,260 But Tony, I would love your your thoughts on this. 8 00:01:03,140 --> 00:01:09,760 Yes, because when you get to the very, very end, you are screwed no matter what you do, because that's it. 9 00:01:09,840 --> 00:01:11,560 You know, you're past the point of no return. 10 00:01:11,720 --> 00:01:17,700 So if they print, which, you know, I also think they're going to do well, they're going to destroy your purchasing power. 11 00:01:17,700 --> 00:01:22,140 That means, you know, you go to zero, you know, whether they seize your bank account or not. 12 00:01:22,480 --> 00:01:26,360 And if they don't print, well, then you end up, you know, with something. 13 00:01:26,580 --> 00:01:31,240 I don't know if recession is the right word for it or something like exponentially worse than that. 14 00:01:31,660 --> 00:01:35,640 And it's just a whole world of pain on both sides of the equation. 15 00:01:36,220 --> 00:01:40,120 And again, these people are responsible for this. 16 00:01:40,120 --> 00:01:58,194 They constructed this disgusting fraudulent system that they ran for decades on end and now they run out of steam and have no idea what to do And the world is going to unfortunately have to pay the price for it 17 00:01:58,714 --> 00:02:04,474 If I had my savings still in that worthless garbage paper sitting in a bank right now, 18 00:02:04,674 --> 00:02:12,674 honestly, I'd be terrified out of my out of my skin because I would literally 19 00:02:12,674 --> 00:02:21,214 not sleep because I don't know where my options would be if that's all I knew right but for those 20 00:02:21,214 --> 00:02:25,254 that have been paying attention for the last 17 years and understand you know that there is a 21 00:02:25,254 --> 00:02:32,354 product you know a new currency that's been gifted to the world that were specifically to fix this 22 00:02:32,354 --> 00:02:38,354 problem to give people you know that life raft escape hatch to jump onto which is Bitcoin in 23 00:02:38,354 --> 00:02:43,734 full self-custody. People have adopted that standard. Yes, they don't like to read these 24 00:02:43,734 --> 00:02:48,534 headlines. They worry about them depending where they're living, but their stress levels 25 00:02:48,534 --> 00:02:56,754 are nowhere near the stress levels of the regular folk who has no idea what's coming his way. 26 00:02:57,674 --> 00:03:01,514 Imagine trying to be someone trading on Wall Street right now, trying to figure out 27 00:03:01,514 --> 00:03:04,914 how to make sense of everything. Brandon, what's your take, man? 28 00:03:04,914 --> 00:03:11,914 Yeah, you know, it's funny because, you know, 17 years ago when the crash was happening, I was at Michigan State. 29 00:03:12,014 --> 00:03:14,014 This was the thing that I realized very quickly, right? 30 00:03:14,054 --> 00:03:15,154 School doesn't teach you about money. 31 00:03:15,394 --> 00:03:18,834 I had argued with professors and debated anyone I could. 32 00:03:18,974 --> 00:03:20,814 And, you know, you'll learn on the job and this and that. 33 00:03:20,854 --> 00:03:22,174 And it was just like questioning everything. 34 00:03:22,274 --> 00:03:23,234 Like, well, why am I here? 35 00:03:23,354 --> 00:03:27,754 You know, I was very fortunate that I had a scholarship to play hockey or else I really would have been mad. 36 00:03:27,834 --> 00:03:28,994 You know, what am I paying for? 37 00:03:28,994 --> 00:03:31,554 So I can't imagine people that are in debt right now. 38 00:03:31,554 --> 00:03:34,994 all these things that have been sold down the river 39 00:03:34,994 --> 00:03:37,154 because of fiat, like we've been talking about all show 40 00:03:37,154 --> 00:03:39,034 and what happens when you have a fake currency.