Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / Is the Dollar DOOMED? - New Community Group for $UFD

Transcript

Is the Dollar DOOMED? - New Community Group for $UFD · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:02
  Unicorn fart Dust is on the move.
• 0:04
  We are going places and there's two big reasons why.
• 0:08
  Number one, we are completely aligned with the original ethos
• 0:12
  of cryptocurrency. But the founding fathers of
• 0:15
  crypto laid out. We represented 100% honesty,
• 0:20
  integrity, prosperity, transparency, a fair and level
• 0:23
  playing field, democratization, decentralization, and there's
• 0:27
  more. I just can't remember it all
• 0:28
  right now, but I can remember and then I'll tell you the
• 0:31
  second reason why. But really this has to do with
• 0:34
  you right? Thank you for being here.
• 0:37
  Thanks for being here right now in the basement for Duster Club.
• 0:41
  Yes, we are Unicorn fart dust. Yes, we are the best community
• 0:45
  in crypto and it's only because of you, the dusters here we are
• 0:49
  in the coral right, horns up dusters.
• 0:53
  How did you get in my basement? Oh, yeah.
• 0:57
  By the way, my disclaimer, this is not financial advice.
• 1:00
  Don't buy or sell anything. Make any decisions.
• 1:02
  Get engaged, adopt A puppy, buy a meme coin, buy a stock, buy a
• 1:07
  bond, buy a mutual fund, buy a house.
• 1:09
  Don't do anything. This is for informational
• 1:12
  purposes only, but it is my strong opinion.
• 1:15
  Right? I love Unicorn fart dust.
• 1:16
  And you know that I'm aligned with you.
• 1:18
  Our horns. Our horns are pointed in the
• 1:21
  same direction. Because Susie, yes, her
• 1:26
  upstairs, Susie and I own a large number of Unicorn fart
• 1:30
  dust beans. What to us is a very large
• 1:32
  number. Now the second reason why,
• 1:34
  right? We are so special and unique.
• 1:36
  We are aligned. Let me back up.
• 1:38
  We are aligned perfectly with the original ethos.
• 1:42
  ETHOSI looked it up. It's like the the founding
• 1:46
  principles of crypto. But #2 it's all because of this
• 1:50
  community. It's all because of you.
• 1:52
  It's a big deal and there is nothing, nothing.
• 1:55
  We got a lot to talk about today, including 95% chance that
• 1:59
  we're going to get an interest rate cut in September and the
• 2:01
  doom of the dollar. But back to Unicorn fart dust.
• 2:05
  There is nothing guys, nothing stopping us.
• 2:09
  Nothing. This is our unique situation
• 2:12
  where we can control the outcome.
• 2:15
  Can I get that through your thick horn?
• 2:19
  I'm kind of hard headed. When I was a kid, my mom would
• 2:21
  always say, can I get that through your thick skull?
• 2:23
  Can I get that through your thick horn?
• 2:26
  This is a chance for us to control our own success, our own
• 2:33
  little ecosystem. And again, it's all thanks to
• 2:37
  the founding fathers of cryptocurrency that gave us this
• 2:40
  beautiful, pure platform that we plug into perfectly.
• 2:45
  We're baby Bitcoin. Congratulations.
• 2:49
  OK, OK. What else?
• 2:51
  Right. Yeah.
• 2:51
  What if nobody sold? I was thinking that this
• 2:53
  morning. I know, but just think about
• 2:57
  that. What if nobody sold?
• 2:59
  What if right now throughout the entire crypto universe,
• 3:03
  everybody said anyone who owns UFD don't sell nobody, sell
• 3:07
  nobody. Everybody suddenly became
• 3:10
  diamond hooved dusters, right? Just imagine, right?
• 3:14
  I mean, guys, truly we do have unlimited potential.
• 3:18
  And let me give you a visual of what that would look like if
• 3:22
  right now everybody in the whole wide world, because we are a
• 3:25
  worldwide organization worldwide, Africa, Canada,
• 3:30
  Europe, Australia. I've been talking to 1 my
• 3:33
  wonderful friend Tazzy from Australia.
• 3:36
  Anyway, that would look like this.
• 3:37
  This, these are all the beans in the world.
• 3:39
  These are all the Unicorn fart dust beans that will ever be
• 3:43
  made. We have digital scarcity.
• 3:47
  That means there's don't tell anybody.
• 3:49
  We can't make any more beans dusters, period.
• 3:52
  I can't do anything. This is it.
• 3:54
  This is the one and only. This is all there is, period.
• 3:59
  Never anymore. And each one of those beans in
• 4:02
  there, one of those represents you.
• 4:05
  I can't call you buttercup because you're not a buttercup.
• 4:08
  I can call you a duster, but I can give you even a higher
• 4:11
  designation. You're a diamond hoove duster if
• 4:14
  your bean is in there and in our meet up right, everybody got
• 4:17
  their awesome coin and then let me grab a coin.
• 4:24
  Hold on. Did you see these?
• 4:26
  These things are awesome. I love coins.
• 4:31
  I love them. Look at that.
• 4:34
  You see that? That's like, and this thing's
• 4:36
  heavy, OK? Everybody at the meet up got
• 4:39
  their coin and then they put a bean in symbolically.
• 4:43
  It was like a ritual or something.
• 4:45
  I don't know what you call it. They got their coin, they put a
• 4:47
  bean in anyway. What it looks like when
• 4:49
  everybody in the world right now says I'm not going to sell my
• 4:52
  UFD, those beans go right up to here.
• 4:56
  See that 900 and do you see it? 999 million beans.
• 5:02
  OK, that's the 1 billion beanopoly.
• 5:06
  That's the bean shortage that gets us to what?
• 5:11
  Did a bean fall out? Fly out Jumping beans.
• 5:15
  We can't remember those Mexican jumping beans.
• 5:18
  Maybe you're too young to remember.
• 5:21
  A bean definitely fell out. Did you see that?
• 5:24
  That's the first time that ever happened.
• 5:26
  Hey, that's that's the one person who sold.
• 5:30
  But we put a lot more beans in today.
• 5:33
  All right, before we malfunction any further.
• 5:35
  Yeah, these coins are awesome. And where else we had here.
• 5:39
  Nothing stopping us from exploding higher.
• 5:42
  Nothing stopping us from catching up with any other
• 5:46
  cryptocurrency out there, period.
• 5:48
  That's the beauty of the original founding fathers of
• 5:52
  crypto, the original ethos, whatever you want to call it,
• 5:55
  the original structure, right? This is beautiful, guys.
• 5:59
  Don't don't underestimate what a unique opportunity this is
• 6:04
  that's been given to us by crypto.
• 6:05
  And the value of anything is determined by a group of people.
• 6:09
  And we are a passionate group of people.
• 6:11
  OK, we got a new supporter. Well, somebody who I believe was
• 6:15
  supporting us, but really came to the forefront last night.
• 6:19
  Did you guys hear about this? My inbox, my DMS.
• 6:22
  I have like 500 DMS this morning when I woke up, everybody, and I
• 6:26
  may pronounce this wrong, so please don't be offended, but
• 6:29
  his name's Gunjan. Gunjan.
• 6:30
  Gunjan or Gunjan, I don't know how to pronounce it, but he's an
• 6:33
  influential guy in the crypto world.
• 6:36
  And he was saying some good things about us last night, put
• 6:39
  together a like a Group, A new group within the community
• 6:43
  that's going to have some good initiatives.
• 6:46
  So we want to welcome him. Let's go out and take a look at
• 6:48
  his profile because this is good news.
• 6:51
  And this is happening. More and more good, influential
• 6:55
  people are joining us. But there's something,
• 6:57
  something, excuse me, very special coincidence.
• 7:02
  I don't know. But do you notice anything when
• 7:05
  we look at his profile? And am I sharing?
• 7:08
  Hold on here, hold on. Yep, we got it up.
• 7:11
  When we look at his profile, I found something very
• 7:15
  interesting. Do you see it?
• 7:17
  Is it a coincidence or is it or is it the universe conspiring?
• 7:21
  You may remember that I created Unicorn Fart Dust on December
• 7:25
  16th and this morning when I was looking at Gungen or Gungen.
• 7:30
  I'll say Gungen for now, but I will definitely be happy to be
• 7:34
  stand corrected. He also was born on December
• 7:41
  16th. I was like, it's a match made in
• 7:44
  heaven. And then I sent him Adm and said
• 7:48
  that when I when I did this Unicorn fire dust experiment.
• 7:51
  Sir, that was your early birthday present last year.
• 7:54
  But he's got a lot of great things all about community.
• 7:57
  SPX 6900 in UFD are two of the easiest 100 XS in 2025.
• 8:04
  All about community. UF DS going to billions.
• 8:08
  There's our duster mobile at ballpark village.
• 8:12
  The national base. What?
• 8:15
  What the heck? Wait Saint Louis Cardinals?
• 8:18
  What not National Baseball league?
• 8:20
  National League on a Major League Baseball?
• 8:23
  That's what I'm trying to say. Major League Baseball stadium
• 8:26
  couple Fridays ago there we go bought more UFD.
• 8:30
  So thank you gunjin the community is super excited to
• 8:34
  have you here and we've got a growing number of influential
• 8:38
  people good influential people who are organically joining us
• 8:43
  on this mission and what we're doing is powerful.
• 8:45
  What we're doing is strong and it's going to be a wild, wild,
• 8:49
  wild fun ride. So everybody's super excited.
• 8:52
  Thank you, Gunjin, and we look forward to a great journey.
• 8:55
  All of us, all of us dusters, right?
• 8:58
  How we we tip our horn to you looking forward to a wonderful
• 9:01
  journey together. Other big news yesterday, the
• 9:05
  person and I don't have his permission to say who it is yet,
• 9:08
  but there's a person who's been running our X account is doing
• 9:11
  an outstanding job and they started this new thing called
• 9:15
  the community right now. You know, I'm not an X guru.
• 9:18
  I'm learning. I'm the almost boomer who
• 9:20
  struggles through a little bit of technology, but we have a new
• 9:23
  Unicorn fart dust X community. I want to show you that and it's
• 9:26
  very exciting gaining traction quickly.
• 9:30
  Don't be late. You want to make sure you get
• 9:32
  here. This is from the Unicorn fart
• 9:35
  dust at official UFD. So that's our you know, I have
• 9:39
  my ex account, our official account.
• 9:41
  This is the official Unicorn fart dust account, says dusters.
• 9:45
  Hold on here Dusters, you asked. We delivered.
• 9:48
  The official UFDX community is here so we can buy, build and
• 9:53
  brainstorm together. We put together a short guide to
• 9:56
  help those that are new to communities that would include
• 9:59
  me. So that's the official Unicorn
• 10:01
  Fart Dust community. I love that little piece of art.
• 10:04
  By the way, one of my favorite. Why join X communities?
• 10:08
  Give us a dedicated place to connect, share and engage with
• 10:12
  Basement Ron if you choose to do that.
• 10:14
  And Unicorn Unicorn Unicorn fart dust community content.
• 10:20
  Sorry. In the same way you follow a
• 10:22
  specific person on X, joining a community is like following a
• 10:27
  specific topic, in our case Unicorn fart dust.
• 10:31
  OK, how do community post work? This is interesting.
• 10:36
  Community posts are very similar to regular posts with some small
• 10:40
  differences. So before you post OK, choose
• 10:44
  your audience by tapping everyone.
• 10:47
  So when you go to make a post on X, there's a little box at the
• 10:50
  upper left that says everyone. You tap on that and you change
• 10:54
  it to the specific community, which in this case, after you
• 10:58
  join, will be the Unicorn Fart Dust community.
• 11:00
  So that tells X that the post that you're making is for the
• 11:04
  Unicorn Fart Dust community. OK Community posts are collected
• 11:08
  and shared with others that are also in that community.
• 11:11
  Similar to a regular post, they're also shared with your
• 11:14
  followers and other ex users. OK, next one benefits.
• 11:20
  Great to target your post specifically to dusters.
• 11:22
  Great to organize events, polls, meetups, contest, and spaces
• 11:27
  with other Unicorn fart dust dusters.
• 11:29
  Your family, your friend, those people that you share right?
• 11:32
  The strong belief system with #3 great to filter out the noise of
• 11:37
  the main timeline if you're looking to focus on a specific
• 11:40
  community and it's limitless. OK, how to join?
• 11:45
  Look for the community's icon at the bottom of the screen or on
• 11:49
  the sidebar. From there you can search.
• 11:51
  Alternatively, you can find a link right on your main page
• 11:54
  under our bio, right on their main page under their bio.
• 11:58
  So let me show you what they mean by that in this is growing.
• 12:02
  It's getting some great traction in only 24 hours.
• 12:05
  If we go to the main Unicorn fart dust page again, that is
• 12:10
  come on computer at official UFD.
• 12:16
  We should see there it is right there communities.
• 12:19
  OK. And if you click on that, then
• 12:21
  you can join. I'm already joined, so it's not
• 12:23
  going to uh oh, it's not your fault.
• 12:26
  Well, finally, something's not my fault.
• 12:28
  Let's see if that works. Are we having technical issues?
• 12:32
  Hello. Can you guys hear me?
• 12:33
  Hopefully you can hear me and see me.
• 12:35
  Let's see if the computer comes back here.
• 12:42
  Well, let's go back and here we go.
• 12:50
  OK, we'll try it one more time. You know how X can be Unicorn
• 12:57
  fart dust. All right, why is it not now the
• 13:05
  community? Now the community is.
• 13:07
  Anyhow, that's how you join. It is real simple.
• 13:10
  Looks like X is having some technical difficulties, so we
• 13:13
  are just going to move on and hold on here.
• 13:19
  Yeah, sorry, X we're going to get rid of that one.
• 13:24
  There's Gungen. All right, let's go back here.
• 13:28
  OK, guys. Uh oh.
• 13:30
  Hold on, hold on, Dusters. Hopefully you can see me and
• 13:38
  hear me right now. Hold on.
• 13:39
  Let's check in with Susie and see if she's on here.
• 13:42
  Suzanne, are you there? Over.
• 13:49
  OK. Thank you, sweetheart.
• 13:50
  Everyone wants to say hello. Everybody say hi to Susie.
• 13:53
  It's high 5, high 5 from Susie. All right, high 5, high 5 high
• 14:01
  fives, feel good. 3 second smiles feel good.
• 14:04
  You know what? Let's do a three second smile
• 14:06
  while we're together here, guys. That's when we all stop for
• 14:09
  three seconds. When I say go and smile, the
• 14:12
  biggest smile you have. Go.
• 14:16
  Yeah, it's OK to talk in giggle while you do it.
• 14:19
  All right, horns up by the way as well.
• 14:23
  Let's look at, let's let's pay attention to somebody particular
• 14:27
  in the community today. Somebody was putting out some
• 14:29
  unbelievable artwork. Everybody is contributing.
• 14:33
  We are controlling our own future, but it's a bunch of us
• 14:36
  individuals acting together, all connected with our different
• 14:40
  talents that are making the difference.
• 14:43
  And today we're going to look at our friend.
• 14:45
  If I can get this to work here, hold on, Mr. Fruvik, let's try
• 14:52
  this again. Here we go.
• 14:53
  I think I think it's going to work OK and here we go.
• 15:01
  Actually the Unicorn fart dust main account brought this up
• 15:04
  yesterday. Spotlight on Fruvik, a true
• 15:06
  creative force building for UFD and FLOG.
• 15:10
  Proof that when we lift each other up we all go further.
• 15:13
  Collaboration is better than isolation.
• 15:16
  I agree with that 100%. There are other great
• 15:18
  communities out there including our friends at FLOG, including
• 15:22
  our friends at at AT. All these different look at
• 15:25
  Gunja, right? Like he says, SPX 6900 and UFDI
• 15:30
  mean like guys, there are other really great communities out
• 15:33
  there in much respect to all of them.
• 15:35
  OK, thank you so much. So let's look at some of let's
• 15:38
  look at some of Fruvic's artwork here.
• 15:41
  If I can pull that one up. Look at this stuff.
• 15:44
  They're sleeping in a little baby bed together.
• 15:47
  That's cute. They're looking at the moon
• 15:49
  together. Look at them.
• 15:50
  Look at really great stuff. They're playing chess.
• 15:54
  I wonder who's winning? Looks like UFD.
• 15:57
  Sorry, Flog, friendly game of chess.
• 16:01
  And there we are on the Kraken logo.
• 16:03
  Now let's just look at four more because Fruvik is really
• 16:08
  knocking it out of the park with creativity, collaboration.
• 16:12
  We certainly appreciate this. Look at that.
• 16:15
  Oh man, look at flog. Look at I'd love it.
• 16:19
  Really cool. Wow, taking a little nap, huh?
• 16:28
  That'll be us when we get to our Billion beanopoly.
• 16:31
  Take a little break maybe. There we are.
• 16:33
  Oh, a sword fight or a lightsaber fight.
• 16:36
  So thank you, Fruvik. What you're doing is making a
• 16:40
  big difference, and we can see that big difference.
• 16:43
  Let me give you some evidence of that great difference that
• 16:47
  you're making and that is when we go hear from our friend Obi
• 16:49
  Wonton looks at the numbers in a little different way.
• 16:52
  There's all different ways to look at this, but they all point
• 16:55
  in the same direction and that is the direction that UFD is.
• 17:01
  I'm not sharing the right screen, boy.
• 17:03
  We are off the rails this morning.
• 17:06
  View tab on X OK, there we go. We got it.
• 17:09
  All right, you guys should be Yeah, here we go.
• 17:12
  All right, sorry about that, Dusters wild.
• 17:14
  UFD is number 2 in social mentions with 1/3 of the fart
• 17:19
  fart coin mentions. Yet our market cap is 50X
• 17:23
  smaller. So a fart coin should do a 10X
• 17:27
  from here. That means UFD should do 100 X
• 17:31
  just to catch 1/5 of its value. And there's nothing saying that
• 17:36
  we can't, you know, catch up to fart coin.
• 17:39
  There's nothing saying that we can't catch up to any meme coin,
• 17:42
  any crypto that's out there guys.
• 17:44
  That's how undervalued Unicorn fart does is easily the most
• 17:48
  slept on meme with the great risk to reward profile.
• 17:54
  Let's see what Jim Hunter said. Here's a meme coin social
• 17:58
  activity bubble. You can see UFD is number 2,
• 18:01
  just behind fartcoin, which is above 11 billion.
• 18:06
  UFD is undervalued and we can't look at this enough.
• 18:08
  This one. I mean, look at that, guys.
• 18:11
  OK, I believe this is Yeah, this is the pump fun ecosystem.
• 18:17
  Look at us. I know I do it everyday.
• 18:20
  That's OK because we can't do it enough.
• 18:23
  See how my tracing skills are today and pretty good today.
• 18:26
  What you say there's UFD, here's fart coin.
• 18:31
  OK, and we love fart coin. We're happy for fart coin.
• 18:34
  Keep up the good work fart coin because I've been look, we're
• 18:37
  not that much smaller from a social dominance perspective.
• 18:41
  So again, right. So if fart coins worth whatever
• 18:44
  right now, a billion, I haven't looked at it today.
• 18:47
  You know, that shows us just how much we can grow.
• 18:51
  There's a big runway ahead of us, right?
• 18:55
  And we are powered by the best community in crypto.
• 18:59
  And don't forget one more critical thing.
• 19:01
  When you look at this chart, this is the pump fund ecosystem.
• 19:04
  Bart coins number one. OK, UFD is number 2.
• 19:12
  Now I'm going to look you in the eye when I say this.
• 19:19
  That's the Pump Fun ecosystem. Over the last 18 months, Pump
• 19:23
  Fun has created over 11.5 million meme coins.
• 19:27
  Out of all those 11.5 million meme coins, Fart Coin is number
• 19:32
  one in social dominance. Congratulations, Fart Coin,
• 19:35
  you're knocking it out of the park.
• 19:37
  OK. They're #1 out of 11.5 million,
• 19:40
  we're #2 out of 11.5 million in our market cap, right?
• 19:46
  Like we just saw what are we, 150th of Fartcoin, guys, we got
• 19:50
  a lot to look forward to potentially.
• 19:53
  Remember, I don't have a crystal ball.
• 19:55
  I'm not giving financial advice, but doesn't it make sense?
• 20:00
  In particular, and there's a big reason why it's so important,
• 20:03
  because everybody and their brother and their brother's
• 20:06
  brother and their mother and their sister and their
• 20:08
  grandparents, many of them whom own Unicorn fart dust because we
• 20:12
  are the most grandparent owned meme coin in the world.
• 20:16
  I think we're number one with that, no doubt about it.
• 20:18
  You guys are always telling me and my grandma, my grandpa owned
• 20:21
  UFD. Yeah, I'm probably old enough to
• 20:24
  be some of your grandpas anyway. Anyway, when we look at that
• 20:29
  data, that puts us at #2 out of 11.5 million.
• 20:33
  The reason why that's so exciting and critical is because
• 20:37
  that measures community, that measures social dominance.
• 20:41
  And everybody and their brother or the grandmother, grandfather,
• 20:43
  aunt, their uncle, everybody says social dominance, community
• 20:46
  are the number one factor that will impact the long term value
• 20:52
  of any cryptocurrency. How's that make you feel?
• 20:55
  I hope you're feeling warm and fuzzy, OK, because you deserve
• 20:58
  it, right? All right, let's talk about the
• 21:00
  dollar here real quickly. Big macro stuff going on right
• 21:03
  now that will impact crypto. the US dollar just wrapped up its
• 21:07
  worst quarter, I think it was since the 1970s.
• 21:11
  Yes, that dollar, that wonderful piece of paper that's really
• 21:16
  based on nothing, nothing here. Gold Telegraph the worst start
• 21:20
  to the year for the dollar since the end of the gold backed
• 21:25
  Bretton Woods system in like I think it's 1973 guys, the dollar
• 21:30
  is losing value and you want to know why?
• 21:33
  It's real simple. Well, because we have all this
• 21:36
  debt, but because the only way the United States at this point
• 21:39
  can pay back all that debt is one of two ways, either
• 21:43
  defaulting, saying sorry, we're not going to pay it back, which
• 21:47
  the United States claims we've never defaulted.
• 21:49
  We never will default. So if they're not going to
• 21:51
  default, the only other real option is to do it with dollars
• 21:56
  that are devalued, that are worth less, not worthless,
• 22:00
  right? I'm not one of these people's
• 22:01
  going to say, oh, the dollar is going to go away and we're all
• 22:04
  going to be zombies. And you better have, you know,
• 22:07
  15,000 cans of bean that that's fine.
• 22:09
  If you're that way, you're going to have 15,000 UFD beans.
• 22:12
  But none the less, the dollar is in trouble.
• 22:15
  That will make the value of of of non Fiat assets go higher and
• 22:23
  higher. OK, things like land, things
• 22:26
  like oil, things like gold, things like silver, things like
• 22:29
  crypto. The last time that it was this
• 22:31
  bad was the night was the 1970s and in the 1970s there was no
• 22:37
  crypto, but there were gold and silver, which are very similar,
• 22:41
  right, in terms of their fundamental value proposition to
• 22:46
  crypto. Now we have crypto.
• 22:47
  I think that the next 10 years are going to be unbelievable,
• 22:52
  right, For non Fiat based assets, things like
• 22:55
  cryptocurrency, things like gold and silver, things like
• 22:58
  commodities, land, real things. OK, so that's what we've got
• 23:03
  going Now let's look at and then we're going to talk about, I'm
• 23:06
  going to get to this in a second, a 95% chance that we get
• 23:10
  an interest rate cut. I'm going to show you proof of
• 23:12
  that, and we're going to look at the US Stack Clock.
• 23:14
  But first what we're going to do is say thank you to channel
• 23:18
  sponsor Ledger. We are so fortunate to have
• 23:21
  Ledger as a sponsor, right? They are securing over 20% of
• 23:25
  the world's crypto. We learned that last week.
• 23:28
  That's incredible. OK Ledger is the cryptocurrency
• 23:33
  hardware wallet security leader. We're really honored to have
• 23:37
  them with us. I feel very fortunate to have
• 23:40
  them as part of my story. You know, I didn't think about
• 23:43
  security soon enough and you know the tough lesson that I
• 23:47
  learned, but Ledger has helped me.
• 23:49
  Don't make the same mistake I did.
• 23:51
  Think about security before something happens.
• 23:54
  Thank you, Ledger, for your sponsorship.
• 23:56
  And right there, Moon Pay, right?
• 24:00
  You know about them, right? They are the fintech leader that
• 24:04
  they're bringing people from Fiat into crypto.
• 24:07
  They're growing, they're innovating, they're respected,
• 24:11
  they're doing things in the world of crypto that that are
• 24:14
  that are making big, big, big changes.
• 24:17
  And it's a big honor to have Moon Pay as a sponsor.
• 24:21
  Both Moon Pay and Ledger are regarded as some of the top
• 24:24
  companies in the crypto world. So thank you to both of them for
• 24:27
  the sponsorship, for making it possible for us to get together
• 24:30
  here in the basement, have our little our, our, our big, big,
• 24:34
  big meet ups here. Let's look at the debt clock.
• 24:36
  I've got this all prepared for you, OK?
• 24:40
  This is why the dollar is going in the tank.
• 24:43
  You can see these big green lines that I have on this for
• 24:47
  you right now and let's get the right screen up.
• 24:58
  OK, guys, we're back. We got it up now. 37 trillion
• 25:03
  U.S. National debt, 37 trillion guys,
• 25:07
  because of that number alone that is making the interest
• 25:11
  payment, right. The interest being charged on an
• 25:14
  annual basis on that debt get to over $1 trillion per year more
• 25:20
  than we're spending on National Defense.
• 25:22
  That money goes nowhere. That's just like if you get
• 25:25
  charged interest on your credit card balance or your or your any
• 25:28
  other debt that you may have, that's just money that you are
• 25:31
  losing, right. So us as the American people are
• 25:34
  now losing $1 trillion per year. But guess what?
• 25:38
  It gets worse because that makes the US federal budget deficit
• 25:42
  get worse, gets worse, which measures the amount of money
• 25:45
  that we're spending above and beyond what we're bringing in.
• 25:49
  And that 2 trillion makes the national debt get worse.
• 25:51
  And as you can see, it becomes a big circle.
• 25:54
  Now, what makes things even more scary at this point is that is
• 25:58
  the world realizes the precarious situation in which
• 26:01
  the United States government finds itself in from a fiscal
• 26:05
  perspective, that makes people less interested in buying our
• 26:09
  debt. They're demanding higher
• 26:11
  interest rates to take on the debt that will make this
• 26:14
  interest on the debt go up even more, which again, right, will
• 26:18
  make the deficit go up more. It's a horrible, it's called a
• 26:21
  doom cycle, a debt spiral, whatever you want to call it.
• 26:24
  It's not pretty. It's not ugly, and this is not a
• 26:28
  political statement, but the president with this recent
• 26:31
  legislation has demonstrated to us that he's really not about
• 26:35
  austerity and cutting back. They're saying that this, the
• 26:38
  new legislation is going to add what, another 3 trillion to our
• 26:42
  national debt in the coming years.
• 26:45
  And that's under the best of circumstances.
• 26:47
  So we're in a situation when it comes to the US dollar, which is
• 26:52
  scary right now. People are clamoring for the Fed
• 26:56
  to cut interest rates. That in the feds not cutting
• 26:58
  interest rates. I want to share with you right
• 27:01
  now that at this time we can say with a high level of confidence
• 27:05
  that we are going to have interest rate cuts coming in
• 27:08
  September of this year. I'm going to show you some proof
• 27:12
  you can do this for yourself, guys.
• 27:15
  It's not that complicated. Go out here to the Chicago
• 27:18
  Mercantile Exchange, the CME Group.
• 27:21
  Just go into your Google search bar and put in CME Fed watch.
• 27:25
  OK, so the next meeting of the Federal Reserve is going to be
• 27:28
  in 28 days. Believe it's July 30th.
• 27:32
  And if we go down here, OK, let's get it just right.
• 27:38
  Hold on here. No, I don't want to log in.
• 27:43
  Hold on. Let me make this so it's a
• 27:46
  little more visible for you. Hold on here.
• 27:58
  Here we go. OK, we're back.
• 28:00
  Now this shows and it's maybe a little hard to see because it's
• 28:05
  small print, but this shows us, this is the July 30th meeting
• 28:12
  where I circled right there. OK, there is a 75% chance that
• 28:17
  in July interest rates are going to remain the same, 4.25 to 4.5,
• 28:23
  which is the current target. But where it gets really
• 28:25
  interesting is if we go out to the next meeting, which is
• 28:29
  mid-september, September 17th, OK, again, we can see the
• 28:36
  current interest rate, 4.25 to 4.5.
• 28:40
  This is September. I'll circle that up at the top.
• 28:43
  We have a 70% chance that rates are going to be lower.
• 28:49
  You can see 4/4 to 4.25. So there's a, excuse me, a 70%
• 28:55
  chance that rates are going to get lowered by 1/4 of a percent,
• 29:00
  but there's also a almost 25% chance that rates are going to
• 29:05
  get lowered by a full half percentage point.
• 29:08
  Again, this is by September and only a 5% chance over here that
• 29:15
  the rates are going to remain the same as they are right now.
• 29:19
  So basically, we've got a 95% chance of getting interest rates
• 29:24
  in September. Those numbers are compiled by
• 29:27
  the Chicago Mercantile Exchange. And as I understand it, based on
• 29:30
  what the big, big money is betting in the futures markets
• 29:35
  about the moves in the bond markets, that's where that that
• 29:38
  comes from that those numbers are are traditionally very, very
• 29:44
  accurate. That's what the big money people
• 29:47
  are saying we have coming in the world of interest rates.
• 29:49
  All right, guys, let's not forget we're on a special
• 29:52
  journey, right? You're unique, I'm unique.
• 29:55
  Together, we are a unique community with a very unique
• 29:59
  opportunity, the opportunity for us together right to determine
• 30:04
  our own destiny to control our own future we really can we
• 30:08
  really already are right our own little microcosm ecosystem
• 30:13
  financial ecosystem and as we continue right to forge and grow
• 30:17
  this community day by day we've got great things ahead be good
• 30:22
  to yourself OK that'll give you a good platform to be good to
• 30:25
  other people and I'll look forward to seeing you next time
• 30:29
  let's.