inflation might be the greatest lie ever told and you have 7 and2 billion people on this planet unaware that they're living in modern-day slav things are looking hairy in financial markets this week as a strengthening dollar is causing fears that things could be coming undone coupled with a new inflation print coming out tomorrow we might be in for more short-term pain for assets globally including Bitcoin and with less than a week to go before he sworn in all eyes will be on Donald Trump as he faces the potential unwind of the global economy in the
first week of his presidency today we look at a masterful interview from Jeff boo who believes the current state of the economy might just force Trump to make an emergency executive order to buy Bitcoin in order to back stop the collapse of the entire monetary system we're less than a week away until Donald Trump is sworn in as the 47th president of the United States and the global economy is quickly deteriorating the dxy which measures the US dollar strength against a number of large scale Global currencies has been rising to levels not seen since 201
22 markets have rallied since late 2022 partially because everyone believed that we had seen a peak in dollar strength and a peak in bond yields but now global yields are surging towards new highs despite the FED cutting rates which is signaling to investors that the FED may be forced to slow or stop cutting rates completely if rate cuts are slowed or stopped that means the cost to borrow money will remain higher for longer which translates into people selling assets into Dollars which further strengthens the dollar most investors had expected long-term bond yields would fall once
the FED started cutting rates but the exact opposite is now happening could this be a sign that investors have lost confidence in US bonds due to extreme fiscal deficits and the ever ballooning debt if so this could be signaling fears of an allout currency crisis if it's allowed to continue without any intervention the trend of dollar up assets down will likely only accelerate and to add fuel to the fire the FED is announcing a new inflation print tomorrow and many are expecting inflation to continue to rise which could force the fed's hand on future interest
R decisions and cause further bleeding in markets so what can Trump do to fix this situation this brings me to Jeff Boo's interview with Natalie Bernell this week in the interview Jeff outlines in a clear and concise way why our current debt-based monetary system is actually anti-free market and why Bitcoin is imposing the first true free market onto the entire world every single thing that an entrepreneur creates to create more value is competing against something that was there before and people were using and if they don't create more value they fail right and if they
create more value we use the the thing that creates more value and the output of that is some of the other's business is is impaired and the new business grows and the output of that is prices fall meaning there is no inflation rate there's no zero inflation rate the natural state of the market is not zero it's not 2% it's not 5% it's the productivity rate of the world expanding you cannot measure what I'm saying from the system you're measuring from and the chart that you just described I hate that chart because every single thing
in that chart is also manipulated by the money supply TVs computers would have fallen way faster iPhones would have been fallen way faster the the entire chart is being manipulated by money supply and everything in it is being measured so you have to be outside of the system to see the real truth of how fast prices are falling that's why Bitcoin is outside of the system it's bounded by energy it's outside of the system so you can see the true rate of what I'm talking about so what does that mean what I just described what
it means is we have never lived in a global free market you have no reference frame for what I'm talking about no one on the planet has a reference frame for what I'm talking about you the way your brain will will compare things is compare from what has existed before and then try to make an association with what the new thing is it what happening on on bitcoin is it's imposing a new set of rules and it's bruining people's reference frame it's imposing that what I just described you actually if you're living in Bitcoin you're
living in the start of the first Global free market the world has ever seen within time 8 billion people in service of 8 billion people the only thing that could change that what I just said is if somehow Bitcoin became centralized or insecure but otherwise it doesn't care that I'm saying this is it is imposing a free market force on the world and everybody else is negotiating against their belief system and that happening right inflation might be the greatest lie ever told and you have 7 and a half billion people on this planet literally living
in modern-day slavery unaware that they're living in modern day slavery and so take s and a half billion people out of modern day slavery and add them to the free market where their minds and their uh and can can create value for us too and you will have a faster rate of deflation you'll have a faster rate of abundance for everybody I highly recommend you check out this full Jeff Booth master class on inflation deflation and Bitcoin I'll leave a link in the description what I find particularly mind-blowing about Booth's insights is that the natural
state of the economy is deflationary which means anything above a negative inflation rate is quite literally theft and Trump may be in power during a pivotal time in history if he continues to service the debt with more money printing he risks spiking inflation up towards double digits again in the coming years and potentially leading to hyperinflation and allout currency collapse if he doesn't print he risks asset prices continuing to plummet and the potential for the whole bubble of the global banking system to pop so what are his options well Jeff boo seems to think that
his hand will be forced early in his presidency and you will have to make an executive order to buy Bitcoin as part of an emergency strategic Reserve do you think that we will get a strategic Bitcoin reserve and that the government has some sort of um plan in place to create a Bitcoin backed Dollar in the same way that we had the Petra dollar which countries are now moving away from do I think that that's going to happen absolutely I think that's going to happen somebody has to do that I suspect Trump is going to
do this early in his presidency because if he doesn't then it's going to be a show for his presidency because you're you're going to have to print so much money or have a deflationary spiral um and and this is a way to essentially print the money into something that drives prosperity for the for US citizens and if he doesn't some other countries will right now you're facing this liquidity uh Crunch and at some point Like Larry leopard's uh new book the big print might be launched just in time so you can read it before the
big print um oh my gosh and so so so relative to that money being debased at a crazy rate Bitcoin will will go through the roof because it's also the only non- counterparty risk asset in the world to the Tethered to the other other system and there's going to be a supply crunch in it you could see some fireworks next year in this but but by us printing into that they gain the benefit of the rise uh so I suspect that is going to happen I suspect that's going to happen early in Trump's term again
if I'm I can't say for sure but if I'm measuring probabilities it it seems like the natural thing that they have they have have to do and and if they don't this is just Game Theory at a nation state level now and uh and somebody's going to do this wow so all eyes will be on Trump in his first few weeks and the fate of the global economy and the dominance of the US dollar quite literally hang in the balance but the important thing to remember as an investor is that for now government debt is
still the underlying collateral for the entire global banking system if this unwind is allowed to continue without intervention the entire banking system is insolvent and everything comes crashing down but that will almost certainly not be allowed to happen the only solution they've used up to this point is further currency to basement but Bitcoin could offer a novel and attractive way to end the cycle of currency to basement and theft once and for all the question remains Will trump be the one to make the first move we'll just have to wait and see either way in
times like these you want hard assets without counterparty risk and the strength of both Bitcoin and gold tells us investors are starting to understand this the last time the dollar was at these levels Bitcoin was below $20,000 and gold was around 1650 an ounce today Bitcoin is above 95,000 and gold is up 63% from the 2022 lows so stay calm and remember what you own and if you're lucky enough to have some cash on the sidelines you have some great buying opportunities but don't wait for a further dip that might not materialize you can't afford
to be caught on the sidelines if the Trump admin announces a strategic Bitcoin Reserve in week one so buy the dip now with Swan visit swann.com or download the app by searching for Swan Bitcoin in the App Store you you go from signing up to buying Bitcoin in minutes plus you get your first $110,000 in Bitcoin purchases with zero fees also big news for those that live in New York Swan's complete Suite of Bitcoin Financial Services is now available in the Empire State so visit swan. comom today to get started and quick shout out to
mea the largest publicly traded Bitcoin miner for supporting this show and for helping make Bitcoin the world's most decentralized and secure monetary Network that's it for today let me know what you think of this riveting setup for Bitcoin in the global economy in the comments below like this video share it with friends and subscribe to the channel for more High signal Bitcoin content thanks for watching and remember Tik Tok next block
