Jack Mallers: “The Coming Storm Will Send Bitcoin to CRAZY NEW HIGHS. #Finance

if the United States was a company on the New York Stock Exchange traded publicly it would be what we call a dead company because it doesn’t bring in enough Income to make its interest payments Bitcoin is very importantly the only asset that everyone

can actually acquire because it’s so divisible you can buy a penny of it because it’s free to hold you don’t have to pay property tax on it or anything like that you can acquire it any anywhere in the world so you don’t need to be Miami beachfront Real

Estate or on the coast of California for all of these reasons Bitcoin enables everyone to be an asset holder and enables everyone to get long get paid bitcoin’s recent 8% dip since September 29th has provided a buying opportunity for Wales who have acquired almost 50,000 Bitcoin

worth about 3.15 billion in just 10 days according to 10x research this decrease is a natural correction after Bitcoin reached a high of $66,900 on September 27th this vote of confidence from Key investors emphasizes bitcoin’s durability in fact experts such as Jack MERS believe Bitcoin can

play an important role in easing economic uncertainty MERS recently addressed the US wealth disparity warning that politicians remedies could undermine the economy he underlined the significant inequality between the top 1% and the poorest 50% of families underlining bitcoin’s potential as a

financial inclusion tool and a global exit door from economic insecurity according to Jack MERS the United States faces significant financial challenges due to its $ trillion deficit with $4 trillion in Revenue and $6 trillion in spending MERS observed that the market is losing

faith in the government’s capacity to sustain spending without lowering Interest Rates making making borrowing cheaper and increasing dollar Liquidity this would increase asset prices favoring the wealthy particularly the top 1% who own a third of the

country’s wealth in comparison the bottom 50% earn barely 2% and live paycheck to paycheck as we bring you clips from Jack M’s recent discussion please take a little time to like this CashNews.co subscribe to the channel and turn on post notifications for more CashNews.cos like this

thanks and enjoy the CashNews.co if the United States was a company on the New York Stock Exchange traded publicly it would be what we call a dead company because it doesn’t bring in enough Income to make its interest payments I think the United States brings

in about $4 trillion dollar of tax receipts and growth of their own and they spend over Six Trillion so there’s around a $2 trillion deficit in spending and so that’s what you call a dead company is when the company can’t actually sustain the cost that it needs to spend so what

the market is saying is Janet Yellen we don’t believe that you’re going to get the deficits down that2 trillion doll number this $6 trillion dollar number we actually think you’re going to get the rates down the Interest Rates because another way to make the

payments affordable is make it cheaper to borrow the dollars right and then when you make it cheaper to borrow the dollars you’re obviously going to increase dollar Liquidity you’re going to make Assets get higher like the get long get paid

bitcoin’s going to go up Gold’s going to go up Real Estate’s going to go up Stock Market’s going to go up and that’s actually going to increase their $4 trillion dollars that they’re collecting on us because the biggest tax

receipt that the United States collect is actually on Capital gains so as our Assets go higher and we sell these Assets to live our lives they obviously the US is making more Taxes on us when our houses and our Bitcoins and

everything goes up so that’s what the market is saying the market is saying irresponsibility the market is losing confidence but it’s not necessarily confidence in the United States and in the US dollar it’s confidence that they can sustain government spending at this level uh

without rates coming down you got to take a little bit of a step back and appreciate the fact that not everyone has Assets not everyone can get long get paid until Bitcoin so I pulled up in Q4 of 2021 according to Federal Reserve data so according to the central bank itself the top

1% of households in America so the richest 1% in the country held around a third of the country’s wealth the bottom 50% of the country held around 2% of the country’s wealth so the problem with this if you have a house gold stocks and Bitcoin you know you’re right Jerome’s

doing a great job what does he want on his pizza but over half the country doesn’t have any of that and so you are directly harming hundreds of millions of people with your strategy Bitcoin is very importantly the only asset that everyone can actually acquire because it’s so divisible

you can buy a penny of it because it’s free to hold you don’t have to pay property tax on it or anything like that you can acquire it anywhere in the world so you don’t need to be Miami beachfront Real Estate or on the coast of California for all of these reasons

Bitcoin enables everyone to be an asset holder enables everyone to get long get paid when they print dollars and they provide Liquidity to further Finance the government

deficits yes that does just juice Assets Bitcoin is going to go really really high Gold’s going to go really really high and he can probably do this he being own power without destroying confidence in the dollar there’s going to be destroyed confidence in the government

and how we spend money but it’s here nor there nobody necessarily loves the government anyway who is it destroying though because there is no free lunch printing money is in printing growth it isn’t printing value and the reality the truth is it destroys those that are holding the

currency and now over half of our country literally has to hold the currency because they’re that poor over 50% of the country holds only 2% of the wealth so these are people that are living paycheck to paycheck so if you’re literally living on the value of the dollar week by week then

your life’s going to get exponentially worse over the next few years and the benefit will be those that actually can afford Assets and again bitcoin’s very revolutionary in this way is that everyone in America and the world can now be an asset holder everyone can get

long get paid you can buy a penny worth of bitcoin you can hold it without paying any property Taxes on it you can secure it yourself you can be anywhere in the world Jack MERS cautioned that politicians attempts to safeguard the 50% of Americans who own only 2% of the wealth could

drive away wealthy individuals and firms worsening the financial situation MERS remarked that the US Debt to GDP ratio is approximately 130% indicating that the US has too much Debt and no growth o to repay he stressed that someone must absorb the loss but

officials have not disclosed who will bear this responsibility Jack MERS believes that the poor and regular Americans who live paycheck to paycheck will bear the brunt of the consequences he sees Bitcoin as a unique possibility for financial inclusion and safety a global exit door open to anyone as

we explore further into Jack M’s discussion you’ll uncover his view of Bitcoin as a promising solution to the widening wealth Gap in the United States okay let’s take the opposite approach politicians are going to protect the 50% of America that only owns 2% of the wealth and

doesn’t have any Assets and they’re going to treat those that have Assets like they’re going to do unrealized Capital gains they’re going to price cap things they’re going to raise minimum wage they’re going to

tax the rich even more and they’re going to go after that part of America well that part of America will leave and as I went over the US government is entirely Financed

by their tax receipts primarily primarily not entirely but primarily it’s a very important piece those that are actually producing growth and producing wealth and producing value and own the Assets that pay the cap gains receipts it’s an important piece of the

government further financing this thing so if you treat those people too poorly they won’t pay you they won’t pay your property tax in California they won’t pay Income tax Zuckerberg and these guys won’t build their companies here they won’t pay you

the Capital gains tax and so the point is somebody has to lose and the point is who’s going to tell the public the truth because the point is there is a whole in the Balance Sheet our domestic Debt to GDP is around 130% meaning there is an

excessive amount of Debt with no growth to pay it back so there’s a hole there’s a loss that loss has to be realized who’s realizing the loss and the public deserves to know that answer and if it if it becomes rich people are expected to realize the loss

I’ll get on this podcast and I’ll say that but right now what authorities are deciding in front of us is the poor average American is expected to realize this loss that is not arguing against you guys that is just a fact and so if you are listening or you have people you care about tell

them to buy Bitcoin because if you don’t have Assets and if especially you don’t have Bitcoin you are expected to realize the loss Q4 2021 according to Fed data the top 1% of households in America held around a third of the wealth in the country the bottom 50% so around

half of America only has around 2% of the wealth so that’s just the wealth Distortion the wealth Gap it’s also important to know that around 95% of the wealth in America is held in Assets and only around 5% of the wealth in America is actually held in cash or cash

equivalent so a Savings account a checkings account C physical cash in your underwear drawer and so you can tell that half the country is the one holding the actual C cash and the top of the country is the one that has all of the Manhattan Real Estate and the Miami

beachfront Real Estate and the coastal Real Estate on California and owns all of the businesses and the tech stocks and everything and the Hedge Funds that own all the Nvidia Shares and everything like that there is one exit door

that’s accessible to all of us no matter how much you make no matter where you are in the world no matter your ability to store things physically and it’s called Bitcoin and that’s to me like the global exit door but you know what gets lost in these presidential debates and in the

mainstream media is there is a loss that has to be realized and nobody is admitting and saying who’s expected to realize that loss right because we can all sit here and say get long get paid but the reality is who’s paying for that who’s supporting me to get along and get paid and

it’s the poor people people that are living paycheck to paycheck or think that they’ve got 10 grand in a Savings account and that’s how they should be responsibly saving up for a rainy day fund it’s those people according to Jack MERS Bitcoin is a unique

asset that allows for wider engagement due to its divisibility and accessibility meanwhile Swift’s analyst pav hundle Shares this optimism about Bitcoin predicting a price recovery to an all-time high of approximately $100,000 however hundall suggests a more realistic is

$75,000 to $80,000 by Christmas assuming Bitcoin breaks above $70,000 historical data backs up this optimism with October traditionally being a great month for Bitcoin an average historical growth of 23% analyst Ali Martinez believes that September’s 10% increase could pave the way for more

gains noting bitcoin’s historical record of launching parabolic bull runs in October Martinez points out that Wales recent buying activity indicates they believe in the market veteran analyst Peter Brandt is cautious pointing out that bitcoin’s recent surge has not changed its trend of

lower highs and lower lows Brandt highlights the need for a close over $71,000 confirmed by a new all-time high to maintain the rising Trend that began in November 2022 Marty party a pseudonymous analyst notes an updated woff accumulation pattern implying that breaking over the 71,2 180 to 66554

supply Zone could Propel Bitcoin to around 85,000 in the next stages this technical analysis supports the bullish sentiment with several factors working in favor of the Bulls the coming weeks could see substantial advances for the top color: #1a73e8; text-decoration: none;">Cryptocurrency how do you think Bitcoin or other Financial tools can help individuals navigate economic uncertainty and protect themselves in these turbulent times we’d love to hear your thoughts in the comments don’t forget to like share and

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