Investing in physical real estate provides tax benefits, cash flow, and control, while saving money in a bank account is not advisable due to inflation, and people are generally bad at saving money.
Banks are currently allowed to have up to 2% of their personal money in crypto, and the speaker believes that the current market conditions present a good opportunity to increase cash positions and buy more coins, with the expectation of hitting lows at the end of the year.Start investing in assets like real estate and crypto as a long-term savings account to combat inflation and control over your money, as even asset managers in America are investing in crypto despite their clients not being legally allowed to.Start investing in real estate and crypto as a long-term savings account to combat inflation and gain control over your money, as even asset managers in America are investing in crypto despite legal restrictions, and the speaker believes that the current market conditions present a good opportunity to increase cash positions and buy more coins. The speaker discusses the potential end of the USD as a reserve currency, the impact on banks and the rise of central bank digital currencies, with China stepping up its efforts in the crypto space while the United States lags behind.Peter Thiel discovered that banks were hiding losses by moving bad bonds to a separate account, causing a chain reaction of bank collapses, leading to people withdrawing money and moving it to safer banks, while the government played a questionable role in the situation.Startups in Silicon Valley, like Uber, focus on scaling their businesses without generating profit, relying on loans from banks to continue running, but when interest rates increase, they struggle to get cash, leading to a bank run.The speaker discusses the pressure on the US dollar and other currencies due to money printing, the bailout of Silicon Valley Bank, and the influx of cash into tech startups leading to the bank's downfall.Many YouTube channels are being paid by a Chinese firm to spread the idea that the US dollar is losing its status as the world reserve currency, but this is not necessarily true.The speaker discusses upcoming interviews, podcast channels, and a book release, as well as upcoming episodes on financial topics and a breakdown of the 9/11 attacks.Many YouTube channels are spreading the idea that the US dollar is losing its status as the world reserve currency, but the speaker argues that this is not necessarily true, discussing the pressure on the dollar due to money printing and the bailout of Silicon Valley Bank.
0 kommentar(er)
