Stop Spending | Crash Inevitable

"there are now predictions that gas prices could nationally reach five dollars a gallon"

"on june 1st we would start this process of removing money out of the system"

"on june 1st we're going to start selling 47.5 billion worth of assets every single month 30 billion of that will be sold of treasury bonds and 17.5 billion will be those mortgage-backed securities then after three months of selling it's going to double to 95 billion dollars a month with 60 billion dollars will be those treasury bonds and 35 billion will be those mbs's"

"the range is anywhere between a quarter percent and 1.25 of an increase to the federal fund rate"

"scalability this is the ability for us to send that crypto to each other really fast without paying fees"

"security which is the cost with which it takes to attack said network in other words we want the cost to be so high that it makes more financial sense to protect the network because you are financially incentivized in other words you're paid to protect the network more so than you are paid to destroy the network"

"that's why personally i only stick to bitcoin and ethereum and sure sometimes i'll speculate and gamble on other ones like omi and things like that but bitcoin and ethereum are my two main go-to's because we understand their limitations the best because they've been around the longest"

"if we stop spending money and we get at negative gdp in q2 that could put us in an official recession"

"combine all of that with oil potentially reaching anywhere between 150 to 185 dollars a barrel"