The Biggest Recession in History Has Begun (Fed Meeting Explained, Crypto News, XRP Lawsuit & MORE!)

 

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What is the result of Fed meeting? Will Bitcoin crash again? Today we discuss the LATEST cryptocurrency news for bitcoin, ethereum, metaverse altcoins, & more! 👋 SLAP THE LIKE BUTTON!

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TimeStamps:
00:00 Intro
00:21 David Sacks Predicts Global Recession in 2023
03:23 September Fed Meeting Explained
05:59 MicroStrategy Buys Another 301 Bitcoin
07:00 Both Ripple & SEC Call for “Immediate Ruling” in Lawsuit
09:39 Voyager Digital to Receive $200M in Bitcoin and Ethereum
11:13 Final Thoughts

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The Biggest Recession in History Has Begun (Fed Meeting Explained, Crypto News, XRP Lawsuit & MORE!)

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42 comments

  1. Scammers/bots are getting much worse!! They are using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMs. Be careful! 👍

  2. The USA’s recession started in quarter one of this year. We couldn’t have been the only ones. I assume a global recession started in January also. So if they say recessions usually last 18 months, we have 9-10 more months left. Hope it ends by then.

  3. CPI and other inflation metrics are measured over a 12 month span. Thus it’s a legging indicator…there’s no threat of “stagflation” to suggest otherwise comes across as a fear tactic. CPI is already dropping and would continue to do so over the next 10 months without any further rate hikes. Though probably not to the desired 2% threshold. Therefore expect the FED to stay aggressive as stated this meeting (.75%). Then tapper their raise to .5% in the following meeting. Going much further then that would unnecessarily break the labor market and cause very avoidable pain. Just my two cents.

  4. The macro is bad, but I think we are past a WWIII possibility. Maybe I’m too optimistic. Pivot is coming in two months IMO.

  5. The everything bubble hasn’t even started to think about popping yet. When it does, soon… opportunities will display itself to those with dry powder

  6. The biggest recession in history? I’d say the sack of Rome was worse. The eruption of Theta which destroyed the Minoan civilization was bad too.

  7. I agree with your analysis if the situation however the FED has proven to not make the best decisions. CPI is a lagging indicator however the vet still may raise rates longer than they need to. All we can do is wait and watch.

  8. Inflation and recession began before the Russia/Ukrain conflict began. The economy has been nosediving since the start of the current administration. Bad policies lead to poor economic performance.

  9. If you think we are past a possibility of a ww3 you are very wrong. It is very much a very real threat. Europe this winter is going to be a terrible scene. I truly hope something like that doesn’t happen, but desperate times..

  10. It’s fantastic news that this time mainstream media tells us that we’re in a recession before it actually happens. So we can all sell and profit. 👍😅

  11. I think today’s price of BTC is not the lowest one, it can still go lower and lower… But it just creates us new opportunity to sped less usdt to buy more of BTC or even a whole one..

  12. Velocity of money (M2) has never been lower since it’s the 1960s, it’s never been lower than now. Most of the inflation is tied to the price of oil and to the supply chain issues. So it’s not really a demand side issue folks.

  13. The depression we are going to experience will be truly global in nature. The global economy during the Roman times wasn’t nearly as interconnected as it is today. To my knowledge the collapse of the Roman Empire didn’t crash numerous South American, African, and Asian civilizations.

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