Latest / Simply Bitcoin / Trump Taking Over The FED? | Forbes Says Brace for ‘Serious’ Bitcoin Price Shock

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Trump Taking Over The FED? | Forbes Says Brace for ‘Serious’ Bitcoin Price Shock · Simply Bitcoin

• 0:00
  Imagine this. The man who called Jerome Powell
• 0:03
  stupid to his face might soon be sitting back and sipping a Diet
• 0:07
  Coke in the Oval Office with full control over the Federal
• 0:11
  Reserve and Bitcoin. Well, it's bracing for what
• 0:14
  could be the most explosive bull run of our lifetimes.
• 0:18
  We'll have to pay for years. We'll be paying for him.
• 0:21
  And I said to him, listen, there's no inflation, he says,
• 0:25
  but maybe there'll be some. That's true.
• 0:27
  I said if there is some, what you do is raise the rate.
• 0:30
  I'm OK with that. You raise the rate in two years
• 0:32
  from now or in a year from now. But because the rate's high, we
• 0:35
  have to pay more for debt. It's pretty equal.
• 0:38
  In other words, if it's 4%, it's 4%.
• 0:40
  If you drop at a point, you'll pay 3%.
• 0:42
  So it's fairly equal. Not necessarily, but fairly
• 0:45
  equal. So we're going to end up paying
• 0:47
  maybe 2 points or three points more.
• 0:50
  Three points would be about $900 billion a year because of this
• 0:56
  very average mentally person. He's an average mentally person.
• 1:00
  I'd say low in terms of what he does low, low IQ for what he
• 1:06
  does. OK, wait, so on said instead of
• 1:11
  paying $900 billion, we don't want to pay 900 just because he
• 1:18
  doesn't want to lower the rate. I said if there's inflation in
• 1:21
  two years or three years or one year from now, you raise the
• 1:24
  rate, you take care of the inflation, among other things.
• 1:28
  But he's probably a very political guy, I guess.
• 1:32
  I don't know. I think he's a very stupid
• 1:34
  person actually. Alright, one more.
• 1:36
  Let's go. That wasn't some offhand joke.
• 1:38
  That was President Trump telegraphing his war with the
• 1:42
  bed. And now insiders are saying
• 1:45
  Trump is ready to take the Fed over.
• 1:48
  Absolutely unprecedented. If that happens, wave goodbye to
• 1:52
  the illusion of independent monetary policy and hello to
• 1:56
  rocket fuel for Bitcoin. But don't take it from me,
• 2:00
  Arthur Hayes warned this exact play was coming and it's the
• 2:04
  setup for a Bitcoin bull run. End of 2026.
• 2:07
  Strap in, because today we're breaking down Trump first pal
• 2:11
  Hayes's prediction that is playing out right now.
• 2:14
  Central banks tightening the screws on their citizens and why
• 2:18
  Michael Saylor is laughing all the way to the Bitcoin bank.
• 2:26
  Let's start with the top story. Forbes headline Trump's going to
• 2:30
  take the Fed over Bitcoin braces for serious price shock.
• 2:34
  Larry Kudlow, one of my favorite boomers and one of Trump's
• 2:37
  closest economic allies, just said it plain.
• 2:39
  Maybe he's older than that, I don't know, but he's still cool.
• 2:42
  President Trump's going to take the Fed over, as he should.
• 2:45
  Trump was furious at PAL in the first term for jacking up race
• 2:51
  for no particular reason. Anyway, it's sort of a sad, sad
• 2:54
  tale if it weren't such serious, this business, it reads comedic
• 2:58
  to some extent. People yell at each other and Oh
• 3:01
  my God. But no, no, I look, here's the
• 3:04
  the bottom bottom line Is President Trump's going to take
• 3:08
  the Fed over, As he should. This isn't speculation.
• 3:11
  This isn't whispers. This is the president's team.
• 3:14
  Kudlow was a former economic adviser, and they're admitting
• 3:18
  what we've known for years. Fed independence is a myth.
• 3:22
  Powell called inflation transitory.
• 3:24
  He jacked rates out of nowhere. He made political moves, not
• 3:28
  economic ones. I.
• 3:29
  Just got a long way to go. There things.
• 3:32
  Are there things the chairman can say to you today that would
• 3:35
  make you back off some of the earlier criticism?
• 3:37
  Well, I'd love him to lower interest rates.
• 3:41
  Other than that, what can I tell you?
• 3:42
  Trump knows it. He's been angry since 2018, and
• 3:45
  now Powell either bends or breaks.
• 3:48
  And when Trump's push for rate cuts, when his demand for
• 3:52
  liquidity gets answered, that's rocket fuel for Bitcoin.
• 3:55
  Forget the old world of central bank games.
• 3:58
  We're in a new world, a sitting U.S.
• 4:00
  President openly taking control of the Fed.
• 4:03
  What happens when the markets start to price it in?
• 4:05
  All right, well, let's move to the Bitcoin market market and
• 4:08
  then we'll pass it back to Bonnie.
• 4:09
  Macro questions. I just, you know, you talked
• 4:11
  about this a lot in the press, but just give us a sense of the
• 4:13
  timeline of Bitcoin to 1,000,000 by 2028.
• 4:16
  You said 12150 by end of the year.
• 4:18
  Is that still your timeline or? Yeah.
• 4:19
  So I think. That we get to 250,000 by the
• 4:22
  end of the year, it'll be might be along the way obviously, but
• 4:24
  that's sort of my end of year price target.
• 4:26
  And then $1,000,000 Bitcoin is like just got off stage talking
• 4:30
  about how they're going to print, I think in the realm of 9
• 4:33
  trillion ish dollars between now and, and that period of time.
• 4:37
  And that is, you know, Fannie and Freddie, the government
• 4:41
  support entities that are allowed to create mortgages in
• 4:44
  the US. They they will print 5 trillion.
• 4:46
  You will have probably up to a trillion dollars purchased by
• 4:50
  the banking system due to supplemental leverage ratio
• 4:53
  exemptions and purchasing things that the foreigners are selling.
• 4:56
  And I think the banks are going to free because they now don't
• 4:58
  have to hold all this equity capital against their treasury
• 5:00
  book. They can lend more into the real
• 5:03
  American economy. And so you're going to see the
• 5:05
  amount of loans going to manufacturing firms increase,
• 5:08
  which is again, that's a increase in credit and that will
• 5:11
  make its way into crypto as well.
• 5:12
  When the Fed printed a limited QE back in 2020, all asset
• 5:17
  classes went up. It wasn't just Bitcoin.
• 5:19
  So this is good news for Bitcoin?
• 5:20
  What you just said the thesis you laid out.
• 5:21
  But it could be good news for everything else, including
• 5:23
  stocks, Gold, potentially bonds as well.
• 5:26
  Why would Bitcoin in particular outperform everything else in a?
• 5:29
  So Bitcoin is has a fixed supply, it's obviously a much
• 5:32
  smaller market in terms of market cap.
• 5:34
  And so you have, if you have a lot of things chasing a very
• 5:36
  small door, then the price goes up on the margin.
• 5:38
  And so that's why Bitcoin has been the best performing
• 5:41
  financial asset in the last 15 years.
• 5:43
  Arthur Hayes nailed it. And yeah, basically every
• 5:46
  president gets the monetary policy they want.
• 5:49
  For Trump, that means lower rates, more spending, and
• 5:52
  stimulus level liquidity. And what drives when the dollar
• 5:56
  is being debased? Bitcoin. the Fed is set to cut
• 5:59
  rates this week. CME Fed watch shows 94% odds of
• 6:04
  a cut. And apparently this guy Mr. Wall
• 6:06
  Street reading the tea leaves has spotted a golden cross.
• 6:10
  And the last time that happened, it appeared to be a bottom
• 6:13
  signal and Bitcoin ripped 30 to 40%.
• 6:16
  We'll see what happens. The bears are screaming cycle
• 6:18
  top, but history says Q4 squeezes shorts until they cry
• 6:22
  uncle. Maybe Hayes was on to something
• 6:24
  when he said this bull run isn't over, it's just getting started.
• 6:28
  You guys ever wonder why Fed officials are terrible
• 6:31
  economists? Why they always get it wrong?
• 6:34
  Well, it's because they don't learn real economics.
• 6:37
  They learn Keynesian garbage in Fiat universities.
• 6:40
  For example, what are you studying?
• 6:42
  Can I Can I ask? Economics.
• 6:43
  OK. So what do you think of Thomas
• 6:44
  Soul? I actually really like him.
• 6:47
  I bought his book Basic Economics.
• 6:48
  He's one of the first economists.
• 6:50
  Do they teach it here? Not yet, but also OK.
• 6:53
  So now you're proving my point. If you're studying economics and
• 6:55
  they're not teaching Thomas Seoul, you're not getting an
• 6:57
  education, you're getting an indoctrination and you're being
• 7:00
  scammed. OK.
• 7:01
  Milton Friedman. Do they teach Milton Friedman
• 7:03
  here? No, but I'm aware of.
• 7:04
  Him OK Ludwig von Mises. I'm aware of him, but no.
• 7:07
  Murray Rothbart. Hold on, FA Hayek, no Frederick
• 7:10
  Bastiat. No.
• 7:12
  You're not getting economics education, you're getting an
• 7:15
  indoctrination. You should know everything.
• 7:17
  It's not your fault, but the what you're paying for or going
• 7:19
  into debt for is not a real economic education.
• 7:22
  Those are the people that theorized about free markets and
• 7:24
  that which is a legitimate school of thinking monetarism,
• 7:27
  private property rights and the fact that you and not I'm not
• 7:30
  criticizing you, I mean criticizing the institution
• 7:32
  that's famous for. Macy's Les Marks Damn it, that's
• 7:36
  how we win. Well, the eventual outcome of
• 7:38
  Fiat returning to its intrinsic value of 0 is inevitable
• 7:42
  regardless, and here's the proof.
• 7:44
  This is what stable coins CBDC's look like.
• 7:47
  For those that are confused. It's centralized Fiat garbage.
• 7:52
  Nothing changes. Besides, now you're not just
• 7:55
  getting debased, you're being coerced in an entirely new way
• 7:59
  that gets Klaus Schwab and Larry think all hot and bothered.
• 8:02
  There's an image for you more on that topic Thursday.
• 8:09
  But really look at Thailand, 3,000,000 bank accounts frozen
• 8:13
  overnight. Look at Vietnam, 86 million
• 8:16
  erased or forced into biometric rails.
• 8:19
  Governments are seizing control of money and they're doing it at
• 8:22
  the database level. If your wealth lives in their
• 8:25
  system, it's not yours, it's theirs.
• 8:28
  It's really not that complicated.
• 8:30
  That's why we scream Bitcoin. That's why you self custody and
• 8:35
  that's why you call our friends over at the Bitcoin way they'll
• 8:38
  walk you through multi sig self custody privacy how to run a
• 8:42
  node and tools that keep you sovereign when the Fiat system
• 8:45
  pulls the plug. Don't wait until it's too late.
• 8:47
  Book a free 30 minute consultation today using that
• 8:50
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• 8:53
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• 8:55
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• 9:02
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• 9:08
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• 9:12
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• 9:15
  All right, time to bring it home, but first look at our
• 9:18
  likes. Three or four times maybe.
• 9:20
  I pump those numbers up. Those are rookie numbers in this
• 9:22
  racket. OK, now contrary to the bears,
• 9:27
  Bitcoin has been in a bull market since 2009 and super
• 9:31
  inflation is already here. You know what historians will
• 9:34
  say in the future? As soon as Bitcoin appeared, USD
• 9:37
  collapsed rolling. Marty Malami had the first
• 9:40
  trade, which is .1 cents per Bitcoin in 2009, late 2009, and
• 9:46
  that's $100,000 plus per Bitcoin.
• 9:48
  That's 100 million X. That's actually insane.
• 9:52
  You know, did you see my thing on Super Bitcoinization?
• 9:55
  I. Don't think so.
• 9:57
  So normal inflation is defined as like 2% a year, right?
• 10:01
  Which is like .1 point .2% a month, right?
• 10:05
  And hyperinflation is defined to 50% a month.
• 10:08
  But those that's a big gap. What if you define super
• 10:10
  inflation as 5% a month? OK, so if you take the 100
• 10:15
  million X appreciation BTC to USD and you take the 16 years
• 10:22
  over which that appreciation happened from 2009 to 25, you
• 10:26
  work out the compounding rate. It worked out to about 10.41%
• 10:31
  devaluation of the dollar against Bitcoin month over
• 10:34
  month, every month for 16 years. That's insane.
• 10:38
  That's insane, right? You know what that is?
• 10:40
  I mean, you're a business guy. So that means super inflation is
• 10:45
  already here, right? Bitcoin is this, it's this
• 10:49
  incredible thing because it's invisible.
• 10:52
  People really don't understand what it means for something to
• 10:56
  go up 100 million X in 16 years. It means like, you know, I think
• 11:01
  I've said this before on other, but it's like, you know, future
• 11:04
  historians will have to tell children that Bitcoin did not
• 11:09
  arise overnight. Like it wasn't just like a step
• 11:12
  function that just went up. It was actually like there are
• 11:15
  lots of setbacks and something else.
• 11:17
  But on on like a historical time scale, it's just like as soon as
• 11:20
  Bitcoin appeared, the dollar collapsed.
• 11:22
  That's like what future historians will say, and.
• 11:25
  Breaking strategy buys another 525 BTC for 60.2 million and the
• 11:31
  Texas Teachers Retirement Fund just disclosed 25,000,000 in
• 11:35
  Bitcoin exposure via micro strategy.
• 11:38
  And here's a number for you. Institutions now hold 12.3% of
• 11:43
  the total Bitcoin supply. Guys, this is it.
• 11:46
  The president is taking over the Fed global central banks are
• 11:50
  freezing their citizens accounts and through it all Bitcoin just
• 11:53
  keeps winning every dip, every signal screaming higher oh and
• 11:58
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  today and use promo code simply Bitcoin for 20% off and we'll
• 12:20
  see you at the news desk and this week we're not slowing down
• 12:24
  Wednesday going to be going to be be a hot one.
• 12:26
  We dive head first into the spam wars inside Bitcoin itself and
• 12:32
  Thursday we expose a report that says we may be marching straight
• 12:36
  into the wefs end game. You don't want to miss it and
• 12:38
  hey, I hope you guys enjoyed this one.
• 12:39
  Let us know what you think down below and don't forget to like
• 12:42
  subscribe and give us a pamp and set those notifications for the
• 12:45
  best in Bitcoin news delivered to you daily.
• 12:48
  I'll catch you all next time. Love you guys if you prefer to
• 12:52
  go. Down with the.
• 12:52
  Ship.