Get the “Ultimate Guide to Bitcoin” course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the series of rolling bubbles (shares, housing, sovereign debt) that have been used by US policy makers to try to “kick the can down the road” for the past 25 years.
Following the advice of Paul Krugman and Paul McCulley, Alan Greenspan engineered a US housing bubble to try to mitigate the effects from the popping of the US stock industry bubble that Greenspan also caused.
Then Greenspan had to pop the housing bubble, which ended up almost bringing down the entire US banking system.
This led directly to the Fed’s quantitative easing (QE) which has continued to the present. The Fed has now been co-opted into monetizing US government deficit spending– and will need to continue to do this until the US dollar has become completely worthless, or we have transitioned to a Bitcoin standard.
The arrogance and incompetence of central bankers and fiat economists should never be underestimated.
Got Bitcoin?
Not capital advice! Consult a investment advisor.
My series on investing during hyperinflation:
https://www.youtube.com/watch?v=ZUC6Uz4l2M8&ab_channel=TraderUniversity
https://www.youtube.com/watch?v=rlYKL1117GA&ab_channel=TraderUniversity
How Bitcoin Will Make Housing Affordable Again:
https://www.youtube.com/watch?v=OU494py-G8Y&ab_channel=TraderUniversity
Paul Krugman:
https://en.wikipedia.org/wiki/Paul_Krugman
Paul Krugman wrong about the internet:
https://www.drorpoleg.com/krugman-is-wrong-about-the-internet-again/
Paul Krugman wrong about Bitcoin:
https://archive.nytimes.com/krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/
https://twitter.com/paulkrugman/status/959801709794078720
https://reason.com/2021/06/10/paul-krugmans-10-year-history-of-being-wrong-about-bitcoin/
Paul Krugman encouraging Greenspan to start a housing bubble:
https://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html
https://www.csmonitor.com/company/The-Circle-Bastiat/2010/0407/Paul-Krugman-the-Fed-and-the-housing-bubble
Yellen always wrong:
https://www.reuters.com/post/us-usa-fed-yellen/feds-yellen-expects-no-new-financial-crisis-in-our-lifetimes-idUSKBN19I2I5
Jerome Powell always wrong:
https://www.foxbusiness.com/politics/powell-fed-wrong-inflation-not-transitory
Chart of US public debt/GDP:
https://fred.stlouisfed.org/series/GFDEGDQ188S
US unfunded obligations:
https://www.usdebtclock.org/
Fed’s statement of financial position:
https://fred.stlouisfed.org/series/WALCL
economic organization of Japan ETF ownership creeps back up to 63%
https://www.ft.com/content/2a2ac3f8-c263-4753-ab70-799318a979e3
economic organization of Japan owns half of JGB industry:
https://www.japantimes.co.jp/news/2022/07/04/company/financial-markets/boj-owns-half-jgbs/
I am not being paid or otherwise compensated by any firm or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#shares
#housingbubble
#bitcoin
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered capital advisors, or registered broker-dealers. None of the Operator Parties are providing capital, financial, legal, or duty advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional capital advice. There is a high hazard in trading.
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reason