Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Crypto ALERT! 🚨 STAGFLATION WILL do THIS! - $UFD
Transcript
- 0:39Hey guys, welcome to the live stream.
- 0:40Welcome to the basement. My head is exploding with
- 0:44excitement for UFD. This morning we're going to talk
- 0:47about UFD. We're also later in this video
- 0:50going to talk about the Fed and stagflation and why we just have
- 0:54so much to be excited about when it comes to crypto in general.
- 0:58Non Fiat ass, including gold and silver, but crypto specifically
- 1:03during this video and Unicorn fart dust.
- 1:07Guys, let's get to the bottom of it.
- 1:09There is only one UFD. Only one.
- 1:13OK, What makes U.S. special? One of the big things that makes
- 1:16us this is a big message I want everybody to listen to.
- 1:20One of the things that makes us so special is digital scarcity.
- 1:25We are the one. We are the Unicorn of the crypto
- 1:29world. We are the we are this, this,
- 1:32this, this crypto that was invented by a boomer who didn't
- 1:36like crypto for years and years called it Unicorn fart dust.
- 1:40But haven't we learned, right? That really isn't everything
- 1:44Unicorn fart dust anyway. We won't go into a deep
- 1:47spiritual conversation or anything like that.
- 1:50But the reality is everything that has value in this world
- 1:54only has value because a group of people agree that it does.
- 1:59A group of people are attracted to it.
- 2:02And we are attracting the highest quality people in the
- 2:06crypto world and from outside the crypto world to join us.
- 2:11Why? Because of digital scarcity.
- 2:14There's only one UFD period. That makes us scarce, that makes
- 2:19U.S. special, that makes us stand out apart, right?
- 2:24And we know that's the case. We hear it.
- 2:27We know from talking to powerful people in the crypto world, from
- 2:31people that are in the business world, that people know how
- 2:35special and unique we are. A beautiful experience in
- 2:39crypto. No, we're baby Bitcoin, right?
- 2:42We won't go down that path, but that's the truth, right?
- 2:45We share the same ethos. Let me read it to you.
- 2:48This is moving. Take a picture of this.
- 2:51Frame it. William.
- 2:52Will somebody please see if you can see it?
- 2:55There we go. You can freeze the frame.
- 2:57This sums it up. UFD represents and upholds the
- 3:02core values and the core principles that cryptocurrency
- 3:07was originally founded upon. Decentralization, all that.
- 3:12But the big thing is, I'm sorry. Get back on track.
- 3:14I apologize, Dusters. I'm a little pumped up this
- 3:17morning. We have digital scarcity.
- 3:21We are the one Unicorn. Never can be done again, never
- 3:26can be replicated. I know yesterday we talked
- 3:28about, right? The reason why that's important,
- 3:32right? Yesterday we talked about this.
- 3:35People in the trenches, you know what they're always saying now
- 3:38this is the next UFD. This has basement run vibes.
- 3:42This has Unicorn fart dust vibes.
- 3:44They're not. The only reason they're saying
- 3:46that, right, is because we are special.
- 3:49And that's great. That's a great compliment.
- 3:51I love that they want to compare themselves.
- 3:53I love that they want to copy off us, right?
- 3:57That means we're worth copying. Don't forget that.
- 4:00And what is this whole digital school, the other component of
- 4:03digital scarcity? Yeah, we're going to to a a
- 4:05premature bean shake this morning, right.
- 4:09Of course, if you're new to UFD and you've not yet learned, we
- 4:14only have 999 million UFD tokens, coins, beans, whatever
- 4:20you want to call them. See that line up there, 999, we
- 4:22can never make any more. We are filling, right?
- 4:25That's scarcity. That is scarcity.
- 4:28We can't turn on a printing press and make more Unicorn fart
- 4:33dust beans. We can't press a button on the
- 4:36computer like Jerome Powell at the Federal Reserve.
- 4:39Don't worry, we're going to talk about the Fed later.
- 4:41Don't worry, Don't worry. But we can't press a button and
- 4:44make more UFD beans. It was done once.
- 4:48It was done over there. It's done that right.
- 4:51There's one UFD and there's a limited number of beans.
- 5:01OK, I always feel a little better after I do that.
- 5:05Do you feel better? That's the old bean shake.
- 5:07We don't do it every day. But what we do do every day is
- 5:10get together here in the basement.
- 5:12It's a big deal you are here. You.
- 5:16Yeah, you. Buttercup Duster, Diamond Hoove
- 5:21Duster, even the Super dusters, Right?
- 5:24It's a big deal. You're here, you are important,
- 5:27you matter, you make a difference, You are part, you
- 5:30belong. I want you to feel like you
- 5:32found a little home away from home down here in the basement
- 5:35and within UFD. What an incredible community,
- 5:40right? You want to feel like you belong
- 5:42somewhere. All you got to do is be nice and
- 5:45participate. And guess what?
- 5:46You're going to make friends. You'll make friends in France.
- 5:49You make friends in Africa, you'll make friends in South
- 5:51America, you'll make friends in North Dakota.
- 5:53You'll even make friends with a crazy guy in Saint Louis.
- 5:58We're all crazy, but thank you for being here.
- 6:01Please retweet this on X subscribe to our Unicorn fart
- 6:06dust YouTube channel. Come on, guys, we got a big
- 6:10opportunity, a big buttercup recruitment opportunity on
- 6:14YouTube. Subscribe there.
- 6:16Most important, enjoy your time when you're here in the
- 6:19basement. Digital scarcity.
- 6:21Then I'll wrap this up. But this is a great, this opened
- 6:24my mind, the digital scarcity. When my daughters were younger,
- 6:30they played a game called Roblox.
- 6:32I don't know if you've heard of Roblox.
- 6:33It's publicly traded. It's like a kid.
- 6:36And even now in middle school, some of the kids still play it
- 6:39like platform where there's all these different games.
- 6:42They played a game called Adopt Me where they would run around
- 6:45in this virtual world, right? And kids would like have these,
- 6:49these pets that they owned. OK, but the pets cost money,
- 6:53right? Because Roblox has their own
- 6:54cryptocurrency. It's called Robux.
- 6:57So every week my kids were begging me daddy, hey daddy, can
- 7:01we have some Roebucks? Can we have some Roebucks?
- 7:03And it would cost me like 5-10. It added up quick.
- 7:07Like I invested a lot of money into Roebucks.
- 7:09They would then take, I would convert my Fiat.
- 7:12They didn't use moon pay. I use moon pay, but I convert my
- 7:18Fiat into Roebucks. My kids would take their
- 7:20Roebucks and they would buy these pets, right, that they
- 7:23would use in this game adopt me and they all had like legendary
- 7:28Dragons. I think there was unicorns, all
- 7:29kinds of stuff that was in the ones that were more expensive
- 7:33were the ones that were more scarce, the ones that were more
- 7:36limited. But that taught me a couple key
- 7:39things, right? There is value in digital
- 7:43scarcity. You know, later on, right, the
- 7:45kids started playing Fortnite, that very popular game, and they
- 7:50would that and they and they want what are they called?
- 7:52There's Fort Bucks or I don't know what they're called.
- 7:54There's some digital crypto or not really a crypto, but you
- 7:58know what I'm saying? Digital money you buy in
- 8:00Fortnite and, and they buy different outfits for their
- 8:04person all in the more rare they are, the more expensive they
- 8:08are. That's digital scarcity.
- 8:10That's what we have. There is real value in that.
- 8:13There is super real value in what we're doing here.
- 8:17Look, I'm a almost boomer. I'm not technically a boomer.
- 8:20I'm 55 years old, right? This whole idea of digital
- 8:23things being valuable was was it was hard for me to crossover,
- 8:29but now I get it and it's real and what we have in UFD and it's
- 8:34worldwide. I know I mean guys, we've had a
- 8:37lot to be we have unlimited potential.
- 8:40We do period, you know, in those Bitcoin people that were there
- 8:45in the early days of Bitcoin that long for that that smaller,
- 8:49more intimate sense of community.
- 8:52I'm telling you, I believe those are the mega butter cups.
- 8:56Some of those early Bitcoin people.
- 8:58I mean we're on Solana, right, the hottest crypto father chain,
- 9:02whatever you want to call it possible.
- 9:04The couple of the these early Bitcoin people come join us and
- 9:08see what's going on here because it's real similar.
- 9:10Yeah. We got people making stickers.
- 9:12Yeah, we got people doing advertising.
- 9:14We got NFT projects. We got all this stuff.
- 9:16It's incredible. OK, it is.
- 9:18It's and we have digital. You're going to be, you're going
- 9:22to get tired of this. I bet Susie's upstairs right
- 9:24now, cringing. We have digital scarcity.
- 9:28I'm going to say it three times. We have digital scarcity.
- 9:35We have digital scarcity. And on top of that, like the
- 9:41highest quality people in our community, I can't even name all
- 9:44the names, but you look at yourself right now, imagine
- 9:47yourself. You're one of the quality
- 9:49people. This is big.
- 9:51This is not going anywhere. This is the community taking
- 9:55over. This is way bigger than me.
- 9:57Congratulations, Dusters, and welcome butter cups.
- 10:00Because I know, right? Just stick your toe in the
- 10:03water, Mr. Buttercup. And if you don't know what a
- 10:05buttercup is, you're a buttercup.
- 10:10You're a buttercup, right? A buttercup is someone who's not
- 10:13yet bought their first UFD beans.
- 10:15Go buy a bean. Spend 2 1/2 cents.
- 10:20Oh my gosh, right. Or maybe buy 1000 or buy a
- 10:22million. I don't know.
- 10:23Buy whatever you want. I'm not giving financial advice.
- 10:26Buy something right and then go on to X and put dollar sign
- 10:31UFDI. Just bought some beans and see
- 10:33what happens. It is incredible.
- 10:35OK, more incredible stuff today, according to Georgie, because I
- 10:39hopped onto a early morning spaces, the overnight spaces by
- 10:43crypto art doctor Schlabbertooth, all these
- 10:46wonderful people, I believe, correct me if I'm wrong, but
- 10:49today are massive. You heard of Crunch fitness, the
- 10:52big nationwide, the premier place to work out, right?
- 10:57We've got a big advertising campaign and it was funded by
- 11:01the community. It was created by the community.
- 11:04I know P was I believe it was her brainchild.
- 11:07Congratulations, P, you made it happen.
- 11:10But guys, it's kicking off, as I understand today, and we're
- 11:16going to go take a look. Hold on here.
- 11:18I'm going to start from the beginning.
- 11:20This is the video 30 seconds by UFD #1 Meme coin on Solana.
- 11:25Billions coded, baby. People are going to see this
- 11:29when they're walking on a treadmill.
- 11:31Hey, there's our mystery Unicorn working out, right?
- 11:34Look at that. What's that called?
- 11:35I don't know what that's called. Roping looks like fun, and
- 11:40that's list lifting A dumbbell. I don't know if I could do that.
- 11:43Anyhow, the important thing is billions coded.
- 11:46What an awesome 30 second commercial and 1,000,000
- 11:51millions, maybe thousands, maybe millions of people are going to
- 11:56see that new people. Congratulations, big deal.
- 11:59All right, let's move on. Let's see.
- 12:02Let's go here. We got a lot of UFD stuff to run
- 12:04through. You guys are cracking me up on a
- 12:07regular basis. There we go.
- 12:10This one came from as the duster.
- 12:13I love this. Hold on here.
- 12:19OK, hold on. Did I share it?
- 12:21It might hold. I hope.
- 12:22Technical difficulties. Bear with us here.
- 12:25Yeah, we got it up. OK.
- 12:27How come I can't make this full screen?
- 12:30What the heck? Well, OK, here we go guys.
- 12:35UFD never going to give you up, right?
- 12:38We are consistent, never going to let you down, never going to
- 12:41rug pull you, never going to run around desert you, make you cry,
- 12:45say goodbye, tell a lie and hurt you.
- 12:47So that sums it up, you know. OK, let's move on.
- 12:54I'm not sure what's going on here but I thought I'd share it
- 12:56with you guys. 9F studio has about 50,000 followers.
- 13:00They put that out this yesterday.
- 13:02Why build a brand when you can build a community through memes?
- 13:06I believe this may be a new NFT project, I'm not sure.
- 13:10As you know, I don't officially endorse any particular,
- 13:13everything's open source. I don't endorse one over
- 13:16another, but some great artwork and this came from 9 F Studios,
- 13:22which has some pretty cool stuff.
- 13:25I checked them out on their on their profile here.
- 13:28So here let's file. I'll follow them back.
- 13:30There we go. And Speaking of NFTS, here we
- 13:39go. Gimmicks and the UFD Duster
- 13:44gang, he says. Just over here on that steady
- 13:47climb, fam, we're #3 I saw this and I wondered I had this
- 13:51already pulled up, but then I wanted to pull up gimmicks.
- 13:54There's the Jasper, the Jasper hat, which is hilarious.
- 13:59But the important thing here is today's top trending.
- 14:03Hold on here, top trending NFTS on Solana.
- 14:11We are #3 the Duster Gang is number 3 here.
- 14:14Let's circle that. That's pretty cool on Solana,
- 14:18OK? And I love all the NFT projects,
- 14:21OK? But when we've got like big
- 14:23accomplishments, I will draw attention to that.
- 14:27The Duster Gang is number. Can you see the three right
- 14:32there #3 on all of Solana? So congratulations.
- 14:36And you know what's I? I love all the NFT projects.
- 14:40I love all the artwork, all of it.
- 14:42Because you know what, it gets more people exposed to UFD when
- 14:47we are the number three trending NFT project, one of our NFT
- 14:52projects, the Duster gang on Solana.
- 14:55New people are seeing it. More people.
- 14:58We are. We are farmers.
- 15:00OK farmers. I've got overalls.
- 15:04I've worn them. If you go check out my How to
- 15:08Ron channel, you'll see there's a video that I made years back
- 15:12about how to dress like a farmer Roundhouse overalls made in
- 15:15Oklahoma. Anyway, I have farmer roots and
- 15:19I'm going to tell you we are farmers, right?
- 15:21Those NFT projects, all the art, all the songs, all the crunch
- 15:25fitness. We're planting little UFD seeds
- 15:29all around the world. The promotional vehicle.
- 15:32I'm forgetting everything. I can't remember all the stuff
- 15:35you guys do, which is a good thing.
- 15:37Again, this is way bigger than me and what goes on my brain.
- 15:41But we're farmers. We're planting all these little
- 15:44UFD seeds. People are seeing the NFTS,
- 15:46People are in Crunch fitness right now, walking on a
- 15:50treadmill for the first time in their life, seeing Unicorn fart
- 15:54dust. And you know that's making an
- 15:57impression. It's planting a seed, right?
- 16:01We will harvest in the future, my fellow UFD farmers.
- 16:05We will harvest. Now look, before I forget, in
- 16:11case you haven't noticed, I'm not a financial advisor.
- 16:14OK, so don't take financial advice from me.
- 16:17Do your own due diligence. Whatever investing you ever do,
- 16:20do it. Do it responsibly.
- 16:22Do it carefully. But I'm not giving financial
- 16:24advice. However, however, if I were,
- 16:29which I'm not, I would tell you that I do own a significant
- 16:33number of Unicorn fart dust tokens, coins, or as we call
- 16:36them, beans we will harvest. I believe I don't have a crystal
- 16:46ball, but I believe we will harvest.
- 16:50Hard work pays off. Speaking of hard work paying
- 16:53off, wow, this just goes right into it.
- 16:55Remember the guy, the burger man?
- 16:57Remember burger man from the Philippines?
- 16:59Wonderful, cool guy. He's a duster.
- 17:03He's done some things where he's giving away burgers, giving away
- 17:06UFD, Super nice guy. Speaking of hard work, let's go
- 17:10take a look at this right now. Here we go.
- 17:16OK, Burger man put this up and this is great.
- 17:19Two kids, same age, different stories. 1 is in easy mode and
- 17:24the other is in difficult mode. You may have a good things in
- 17:28easy mode right now, but don't get too complacent.
- 17:31Those in difficult mode are surely doing their best to level
- 17:34up into easy mode. And then he said down here, UFD
- 17:40and meme meme land will be part of it.
- 17:42And I'll be proud to represent them.
- 17:44Let's watch this short video because I think it represents
- 17:48right life and even what we're going through.
- 17:50Right little boy, you know, comfortably in a cafe eating
- 17:59Mysterio. There's another little boy out
- 18:01in the streets. Working right.
- 18:05What do you think's going to wind up being maybe more
- 18:08successful in the end? You know, a little guy that's us
- 18:16UFD. We'll put in the work, right?
- 18:18We will hold on here. We will put in the work and had
- 18:26a little technical hiccup there. Hopefully, hopefully you can
- 18:29still see me and hear me 400 of us guys, don't forget.
- 18:32Retweet this, please or re whatever re exit like share
- 18:38subscribe Thank you Most important.
- 18:41I'm going to say it twice today. Thank you for being here.
- 18:43Let's rub horns. Is your horn tingling?
- 18:46Is it right? Is it is it?
- 18:49Do you know how special we are? All right, let's rub horns.
- 18:54I feel it. You feel it right Horns up
- 18:57dusters. Absolutely.
- 19:03That's a three second smile. You need to do that as well.
- 19:06That's something else that we invented here in UFD.
- 19:10The three second smile. It's good for us and what's good
- 19:13for us to share it, share it with the world.
- 19:15Keep the positivity alive. Let's check in with, for those
- 19:20of you who are new, this is is my wife Susie.
- 19:26She communicates via this walkie-talkie.
- 19:28She's saying hello to everybody. Let's check in with her.
- 19:31Hello, Susie, are you? Are you there over?
- 19:35I am. Here, anything I'm missing or
- 19:40anything that I need to tell the community?
- 19:41Do you have any critiques on how the live stream is going so far?
- 19:45Hello. Critiques, honey, don't forget
- 19:50to say that one thing I sent to you.
- 19:52I think it's like a poster. You got it over.
- 19:57I'm going to Do you want to give everybody a a Susie High 5?
- 20:01High. Five.
- 20:04Everybody gives Susie a high 5, huh?
- 20:06She's the best. There's no UFD without Susie.
- 20:09Don't forget, right? Susie kicked this whole thing
- 20:13off. She sent me this darn article on
- 20:15a Sunday night about meme coins. And then Monday morning, I'm
- 20:19down here. I got to tell you something,
- 20:21though, OK? I'm down here making.
- 20:23I'm spawning. I was a developer.
- 20:26I'm a developer, you get that right?
- 20:29You guys call me a bass dev, which I think is a compliment
- 20:32and a deegan. But anyway, I'm down here making
- 20:36this this meme coin. And then when I realized it was
- 20:39going to cost me 100 bucks, I almost didn't do it.
- 20:42What a mistake that would have been.
- 20:43I mean, I stopped midstream and I'm thinking I have a problem.
- 20:47I'm very frugal, very tight with money.
- 20:50I'm thinking, should I do this? Should I not do this?
- 20:53I could take Susie out for lunch.
- 20:55I could actually let her get a soda at lunch because I'm
- 20:58usually I'm, I'm, I'm, I'm so tight that I get a little
- 21:02proclaimed when she orders soda for $3 or $4.00 at a restaurant.
- 21:07I almost didn't do it right. So we can thank Susie for where
- 21:10we are right now. Upstairs to Susie and hey, go
- 21:15out and follow her on on X as well.
- 21:17Upstairs Susie, she puts out some fun stuff.
- 21:21OK, let's talk about the Fed and then we're going to do duster of
- 21:24the day. The whole Fed situation is smoke
- 21:27and mirrors. And I'm going to tell you
- 21:28something right now we are look, I sat down here.
- 21:32I made gold and silver content exclusively for three years
- 21:36before UFD. By the way, I still put out
- 21:38twice a week gold and silver focus content.
- 21:42I do UFD 50 everyday and then two times a week I make a gold
- 21:45and silver specific video on the Ron's Basement YouTube channel.
- 21:49Anyway, I sat down here and said we are going into stadflation
- 21:54there. Nobody believe me, nobody
- 21:56believe me, there's the bear. That gold price was going to get
- 22:00above $3000 either. I got harassed for that and that
- 22:04one I was right on. I'm not always right, but I was
- 22:06right on that one. We are in stagflation.
- 22:08Stagflation. I got good news will be very
- 22:12good for the price of cryptocurrency.
- 22:15This is some big time high level macroeconomic stuff we're going
- 22:19to talk about but I'll make it real simple for you and it's
- 22:22very important that you understand it.
- 22:24But the first thing you need to understand is that this guy, OK,
- 22:28this guy Jerome Powell, that was the big thing yesterday at the
- 22:32Federal Reserve. We love you Jerome.
- 22:34OK, but it's all about smoke and mirrors.
- 22:38When you think of him, think of the Wizard of Oz, because
- 22:41everything they're doing is, I'm sorry, I have to say this.
- 22:45And I know that Thomas Jefferson and Andrew Hamilton, Andrew
- 22:49Jackson, Alexander Hamilton, I don't know whoever the guys that
- 22:53wrote the US Constitution are rolling over in their graves
- 22:57because they don't like it either.
- 22:58There's a lot of smoke and mirrors.
- 23:00Think Wizard of Oz when you think about Jerome Powell.
- 23:04So whatever happened yesterday, oh, they didn't raise rates,
- 23:06blah, blah, blah. Let's just quickly run through
- 23:09what's going on with that. So you're up to speed when
- 23:12you're at the Country Club later, you can you can speak
- 23:16intelligently about what's going on with the Federal Reserve and
- 23:19monetary policy. The Kobe C letter, they're
- 23:22great. Put out this little summary.
- 23:24So I'm not going to waste your time.
- 23:25Fed Fed left rates unchanged for the third straight meeting.
- 23:29Fed said inflation remains somewhat elevated.
- 23:32Yeah. Have you been to the grocery
- 23:33store lately, Jerome? Everything cost twice as much as
- 23:36five years ago. Uncertainty about the outlook
- 23:39has increased. So there's uncertainty.
- 23:42Risk of higher unemployment and inflation have risen.
- 23:47That's the key right there. the Fed is a tenant to risks in both
- 23:51sides of their mandate. OK, we're going to come back to
- 23:54this. The Fed appears to see higher
- 23:56risk of stagflation ahead. Oh my God. the Fed pause
- 24:01continues despite Trump calls for cuts.
- 24:04OK, so risk of higher on it. Let me get my markers out here
- 24:08real quick. We're going to break this down
- 24:10in 2 minutes. The two-minute breakdown.
- 24:12Risk of higher unemployment and inflation.
- 24:15Higher unemployment means a slowing economy.
- 24:18Inflation is inflation. That means a slowing economy is
- 24:22stag, and inflation is flation. That is stagflation.
- 24:26OK. They say there's risk to both
- 24:28sides, and the very fact that they're saying this is key, OK,
- 24:34And let me tell you something right now.
- 24:37Let me tell you something very important about what's going on
- 24:40with the Fed, OK? But it is shocking, and I'll
- 24:44tell you the reasons why it's shocking.
- 24:46If the Fed is talking about stagflation, if the Fed is
- 24:52telling us, right, that there's problems with employment and
- 24:57there's problems with inflation, take a step back for a second.
- 25:01I got to show them to you again because this guy is only always
- 25:07going to print or or present him right.
- 25:11We love you, Jerome. The most optimistic of
- 25:16perspectives, if he's saying that, right, like they're always
- 25:20going to paint the rosiest picture, Ben Bernanke.
- 25:23Right before the great financial crisis, was it Ben Bernanke?
- 25:26Yeah. But anyway, was it Congress
- 25:28saying everything's fine, everything's great, everything's
- 25:30wonderful, right? These guys paint the rosiest.
- 25:33If the rosiest picture they can paint is that we're basically up
- 25:38a Creek without a paddle when it comes to inflation in the
- 25:41economy and the tariffs, we are potentially in big trouble.
- 25:45I don't want to going to be the town cry or the Sky's falling,
- 25:49but we need to be attentive to what is going on now.
- 25:51This is this is where this this can blow your mind and I'm going
- 25:57to do my best you can critique me to explain this June a very
- 26:00it doesn't matter what they do with rates.
- 26:04OK, let me explain this to you right now.
- 26:06Hold on a second here. I'm getting get somebody's
- 26:08bombarding me with text messages.
- 26:10OK, everything's fine. Here's why everybody's clamoring
- 26:15for the Fed to cut rates. the Fed to cut rates.
- 26:17I got a little secret for you. the Fed may have already cut
- 26:21rates. And I'm explain to you why.
- 26:23If this hand right here, right? This hand represents inflation.
- 26:29So inflation's right here, right now.
- 26:31This hand represents the current interest rate that the Fed has
- 26:35from their monetary policy. OK, And the Fed cuts rates like
- 26:39everybody wanted Woo Hoo, it's party time.
- 26:41It's party time. Everything's great because that
- 26:44gap, right, is widened. Now let's go back again.
- 26:48If this is the current interest rate, I'm sorry.
- 26:52Yeah, the current inflation rate, and this is the current
- 26:55interest rate again, instead of cutting interest rates.
- 26:59OK, which everybody cheers, right.
- 27:01If if they leave interest rates where they are, but the
- 27:06inflation rate goes up, isn't that the same thing?
- 27:10Isn't it 6 1/2 dozen the other right in real terms, right,
- 27:15Instead of in, in instead of having the inflation rate and
- 27:19cutting rates, right. OK, they leave rates where they
- 27:23are, but inflation goes up. It's the same thing, OK?
- 27:27It's the same thing. That's why I was like, oh, the
- 27:30feds are not cutting rates. The feds are not cutting rates.
- 27:32While in real terms, I would argue that maybe they are.
- 27:38OK, I hope that makes sense. Go back and watch the replay.
- 27:41It's one of those concepts kind of like understanding how
- 27:45currencies relate to each other. They can be a little difficult
- 27:48to understand, but trust me. Trust me, right, if inflation
- 27:53skyrockets, right, and they just leave rates where they are,
- 27:57that's the equivalent of cutting rates with inflation staring
- 28:01where it is. OK, I won't say it again, but
- 28:03very, very, I think critical for people to understand and
- 28:07nobody's talking about it. I'm always given constant that
- 28:09nobody talk, right? I was.
- 28:12I'm not bragging because I'm wrong plenty of times.
- 28:14You can ask Susie, I have to admit to her constantly that I'm
- 28:17wrong, but I predicted the stagflation thing a year and a
- 28:21half, two years ago. And let me tell you something.
- 28:23Why stagflation? There's a reason why stagflation
- 28:27is should be of critical interest to anyone invested in
- 28:30crypto currencies or precious metals.
- 28:33Because when you go back to the 1970s, back when I was a little
- 28:36boy, all right, that was a period of time where non Fiat
- 28:41assets, which at the time were just gold and silver, there was
- 28:44no crypto. I remember I was like 5 years
- 28:47old and like, I want you to Unicorn fart dust.
- 28:49I know there was no crypto. Gold and silver skyrocketed.
- 28:52This time around, it's going to be gold, silver and crypto and I
- 28:57believe don't make any financial decisions.
- 28:59I'm just giving you my opinion. Unicorn fart dust is like really
- 29:05setting itself up to do well. Oh, I wanted to check with Susie
- 29:10one more time. Susie, am I sometimes wrong
- 29:13about things? Oh.
- 29:15Yes, absolutely. OK, thank you over everything.
- 29:22OK. OK.
- 29:26Yeah, Yeah. I'll tell you, that's one big
- 29:28lesson I learned in life. I was talking to somebody about
- 29:30this the other day. I'll give you a life lesson.
- 29:33OK. Some people, including a few
- 29:37people I know, but some people right, have a hard time ever
- 29:41admitting they're wrong if you have.
- 29:43Everybody makes mistakes, everybody screws up, everybody
- 29:47has a temper, whatever. Let me tell you something,
- 29:50Butter cups, dusters, diamond hood dusters and super dusters.
- 29:54It's OK to admit when you make a mistake.
- 29:56It's OK to actually apologize. It's like actually a freeing
- 30:00thing to say. You know what?
- 30:03And I didn't look, you know, I'm not going to let you in too far
- 30:05into my personal life, but occasionally I have to look at
- 30:08Susie and say, you know, it's not just about apologizing.
- 30:13But I'd say, you know what, Susie?
- 30:14I recognize sometimes I get crabby at night.
- 30:18Well, anyway, I'll have to say the next day like, you know, I
- 30:22recognize, I recognize what I did or what I said last night
- 30:26was wrong and I'll do my best in the future to correct that
- 30:31right. Don't just say I'm sorry.
- 30:32I'm sorry. That's like self pity.
- 30:34No, So you know what? I recognize that my behavior was
- 30:38inappropriate and I'll do my best and I do, and it actually
- 30:42works and it's kind of freeing. Anyway, where am I going here?
- 30:46Let's do duster of the day. Nobody's perfect.
- 30:52OK, let's do a three second smile when I say go and you do
- 30:56it. You smile for three seconds.
- 30:58Go. You can giggle and talk while
- 31:04you're doing it. All right guys, let's do duster.
- 31:07Dotd, baby, it's DOTD time in today's DOTD is jam.
- 31:16Hello, Jam. And if I had this correct, jam
- 31:18was doing like some duster onboarding things.
- 31:21We love you jam. We love all the dusters trying
- 31:25to make make it out of the corporate world and retire this
- 31:29year. Wow.
- 31:30I like baking plants, gardening, crafts.
- 31:32I just want to be Martha. All right, let's go read what
- 31:35Jam had to say to us. And I apologize.
- 31:40Sometimes I don't know the gender.
- 31:42I believe Jam is a lady, but I could be wrong.
- 31:47So if I'm wrong, I'm really sticking my I'm really sticking
- 31:51my horn in my mouth. OK, Jam, special message.
- 31:57Where are we? There we go.
- 31:58OK, Jam says. Hello, Ron and Susie.
- 32:02Hello, fellow dusters and butter cups.
- 32:05We love butter cups and we also love prodigal unicorns.
- 32:09I need to remember to talk about that later.
- 32:10I'll keep this short and sweet. I'm honored to be the duster of
- 32:13the day. I'm so glad to be a part of this
- 32:16community and see where the rest of 2025 and beyond takes us.
- 32:21We have the best dev to support us, so it's pretty easy to show
- 32:24up consistently and have fun while doing so.
- 32:27And I'll never get over how talented the people in this
- 32:31community are. That is the absolute truth.
- 32:35That is one of our defining characteristics.
- 32:38That's what sharpens our horns. Dusters OK And how much we all
- 32:44want to win and know we can do it by working together.
- 32:48I dream of ending my corporate work life this year.
- 32:51I know UFD will be the catalyst that takes me there.
- 32:54I so look forward to the Duster meet up at the end of June and
- 32:57connecting with everyone in real life.
- 33:00It'll be a magical time. Thank you Jam, thank you for
- 33:03writing that. Thank you for being part of the
- 33:06community. Dusters.
- 33:08Dusters, We're going to install Jams Golden Horn in one second.
- 33:14That is what it's all about. You do the hokey pokey and you
- 33:18shake yourself about, but that is what it's all about Jam,
- 33:23right? We're going to we're going to
- 33:24we're going to we're going to honor jam jam today.
- 33:28Why am I my brains malfunctioning?
- 33:30Yes, we are right. We're going to honor you too.
- 33:34We're part of a of a web, a web of unicorns of dusters working
- 33:40together. That was the keyword in that
- 33:43statement together. So Jam, look, thank you for what
- 33:47you're doing. OK, everyone out there, let's
- 33:49all feel our horns. You feel your horn, right?
- 33:52Today, Jam gets the special golden horn, and I'd like you
- 33:57all to join me. Come on, you can do it, right?
- 33:59Reach out to your camera. Right.
- 34:01Let's all boy, let's get it on there.
- 34:05Good. Boom, install jams, Golden jam.
- 34:08You are the duster of the day. Everybody go out.
- 34:10I'm going to put out a post later.
- 34:12Please go follow jam, give jam some congratulations.
- 34:15Let's jam for jam Jammity Jam, jam, jam, jam, jam.
- 34:19Let's go look at some fun stuff, which would be let's start with
- 34:24our friend Royale Royal has been contributing.
- 34:27Awesome. What do you call the short
- 34:30videos? I don't know, but whatever
- 34:31they're called, they're awesome and they crack me up.
- 34:34So let's do this. What's the pink porn?
- 34:41Oh, wait a minute, wait a minute.
- 34:43Hold on, hold on, hold on. Welcome to live streaming with
- 34:51with the with the dusters. OK, now we got it up there.
- 34:55All right, I got to admit, this song is growing on me.
- 35:01The Pink Pony Club. All right, here we go.
- 35:04Thank you, Royal. What?
- 35:05There I am. I can dance like that.
- 35:08And Leo. Oh, man.
- 35:13Sing movie touch. I wish I could learn how to do
- 35:22that dance. Maybe, you know, that's what I
- 35:24want to come up with the Unicorn dance.
- 35:26Right? I like the goggles.
- 35:29I see you. I see you, right.
- 35:33It's fun to dance. All right, all right, let's go
- 35:36to the next one. Oh, boy.
- 35:38OK, you know what? Before I do that, wow, I almost
- 35:41forgot. Very important, right?
- 35:43This is not possible with the support of our sponsors,
- 35:46including Ledger. Ledger, we can spell it, but
- 35:52more importantly, right, They are the hardware wallet
- 35:56cryptocurrency security leader. They came to my rescue after the
- 36:01hack. They're there, they're
- 36:03available, right, to help people secure their cryptocurrencies,
- 36:07whether it's UFD or other cryptocurrencies.
- 36:10They got the best app in the world, Ledger Live.
- 36:12I use a Ledger Flex. I absolutely love working with
- 36:17the Ledger division device and the Ledger app.
- 36:20It's it's a it's a top notch first class experience.
- 36:23So please help support Ledger. They're supporting us, They're
- 36:27making this possible and it's a big, big deal.
- 36:30On a very serious note that we have such top tier sponsor, our
- 36:34other top tier sponsor Moon Pay, right, the fintech leader on
- 36:40onboarding 30 million plus people from from Fiat into
- 36:45crypto. You know, a wonderful company,
- 36:48highly respected, another big deal that they're part right of
- 36:52our journey and supporting this, making this happen.
- 36:56The other thing I want to mention about Moon Pay is that
- 36:58you can now, you can now buy digital tokenized gold on the
- 37:03Moon Pay platform, right? It's Tether gold.
- 37:06It's from Tether, the same company that brought us USDT,
- 37:10the big stable coin. But Tether gold combines the
- 37:14benefits of owning physical gold, which there's certain
- 37:19components of owning physical precious metals.
- 37:21They can be a little cumbersome. So it combines though the
- 37:24benefits of owning physical with the huge benefits of the
- 37:28blockchain of tokenization, of digitization, right?
- 37:31Things like you can trade it 24 by 7, you can transport it with
- 37:36you cuz it's digital anywhere in the world, right?
- 37:38Try taking 100 ounces of gold on an airplane.
- 37:41You might have a little trouble right?
- 37:43The other big critical key thing is that each one of those tokens
- 37:47each one of the XAUT tokens that's the symbol is backed by 1
- 37:53ounce of physical gold and a vault in Switzerland.
- 37:56These are LBMA good for delivery bars and you can also redeem it
- 38:02if you want to as well. Let me show you a real quickly
- 38:05just if you want to check it out here is the here is the I'll
- 38:11accept it sure tether gold XAUT website.
- 38:15There's a lot of great information out there so check
- 38:18hold on here wrong site hold on here.
- 38:24I was showing myself dancing now we're going to show you the
- 38:28tether gold XAUT website great information out there about gold
- 38:33great information out there about XAUT as well.
- 38:36So thank you moon pay thank you Ledger thank you to everybody
- 38:40right to help support this. We got more to talk about.
- 38:42All right, let's go out and check out this from our friends
- 38:48at Champs Only continue to advertise us as the top meme
- 38:55coin out of the top 15 meme coins rated up.
- 39:00Did you Susie, did you say something by Hype and chaos?
- 39:05We are #1 OK, continuing, and this is hilarious.
- 39:11Say anything. OK, Sorry.
- 39:16Susie sneezed upstairs and I thought she was saying something
- 39:19to me. This one's hilarious.
- 39:21This one. You know, this is part of what
- 39:23makes U.S. special here, guys, let's show this.
- 39:26Susie sent this last second from Mason.
- 39:30Pick up. Pick up a copy of Dusty's new
- 39:32book, The Fart of the Deal. Includes fart natural device and
- 39:36tutorials, 2 tutorials for true believers in the magic of
- 39:41Unicorn fart does. And there's the number one
- 39:44national bestseller new book Dusty the fart of the deal.
- 39:48I think a play on Donald Trump's the art of the deal.
- 39:51So hey guys, thanks for being here, right, right.
- 39:54We got 600 people together on a what Thursday morning, right?
- 39:59We are UFD, we are special, we are digital scarcity and a lot,
- 40:04lot more. Right, a lot more.
- 40:07So keep up the great work. I appreciate you.
- 40:10Don't forget. Please retweet this, subscribe
- 40:13on YouTube if you're not already #1 have a great day.
- 40:17I think we have unlimited potential.
- 40:19See where this goes. Take care and I'll see you.
- 40:22Yes, you soon.