I want to make abundantly clear, I think we should end the Fed. I think the Federal Reserve should not exist.
END THE FED, SAVE IN BITCOIN, LIVE YOUR LIFE | Dr. Jeff Ross
"I want to make abundantly clear: I think we should end the Fed. I think the Federal Reserve should not exist. I think central banks around the world are cartels to support unlimited spending by governments."
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2 I think central banks around the world are cartels to support unlimited spending by governments.
3 I think the whole reason they exist has nothing to do with stable prices, which they clearly have failed at over the last century.
4 We've lost all of our purchasing power of the dollar, even while they've been on watch.
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I think central banks around the world are cartels to support unlimited spending by governments.
I think the whole reason they exist has nothing to do with stable prices, which they clearly have failed at over the last century.
We've lost all of our purchasing power of the dollar, even while they've been on watch.
It's not employment, maximum employment. They say it is, but it's not.
They are the buyers of debt of last resort.
And so if the government issues too much debt and the markets can't absorb it, they step in and put it on their balance sheet and we monetize our debt and we cause massive debasement in the currency.
And they are the cause of inflation. They are not the fighters of inflation.
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"I want to make abundantly clear: I think we should end the Fed. I think the Federal Reserve should not exist. I think central banks around the world are cartels to support unlimited spending by governments."
In this conversation, Dr. Jeff Ross shares his journey from being a doctor to a hedge fund manager, emphasizing the importance of Bitcoin as a unique asset. The discussion covers the evolution of the hedge fund industry with Bitcoin's inclusion, the speculative nature of Bitcoin treasury companies, and the significance of accumulating Bitcoin. Dr. Ross explains how macroeconomic factors and liquidity influence Bitcoin's price movements, introducing the Three Burner Theory. The conversation also touches on the Federal Reserve's impact on Bitcoin and the integration of Bitcoin into traditional finance, highlighting the potential for a new financial paradigm. In this conversation, Dr. Jeff Ross discusses the inevitable integration of Bitcoin into Wall Street, emphasizing the need to preserve its core values. He explores the potential for a new financial network built on Bitcoin and the impact of AI on business and employment. The discussion also touches on the geopolitical landscape, the risks of war, and the future of capitalism in an AI-driven world. Dr. Ross shares insights on the dangers of social media and concludes with his thoughts on Bitcoin price predictions and the importance of focusing on long-term value rather than short-term gains. They also discuss why we need to get rid of the federal reserve, Nostr and quitting social media, whether four year bitcoin halving cycles are finished, and mor
Key Topics:
The Federal Reserve
Bitcoin Treasury Companies
The Four-Year Cycle
AI and Robotics
Social Media
