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The Fed Doesn’t Know Next Move, Fiat System Reeks of Fraudulence Says Bubba Horwitz
Stansberry Research
489K subscribers
"The Fed will never be successful because they are ignorant, and they refuse to let a free market system work," exclaims market expert Todd “Bubba” Horwitz, the founder of bubbatrading.com. Between taxation without representation and the manipulation of currencies, the Fed has created a "brutal system that doesn't know what to do next," he tells our Daniela Cambone. [The Fed] will not be able to stop the recession, "we're already in," Horwitz continues. He says the U.S. is undergoing a transition where, "systemically turning the power over to all of our enemies that would like to take us out in the first place," It's a race to the bottom when it comes to the devaluation of the dollar and other prominent currencies, "the fiat currency system is about the most fraudulent system that there is," he states. The commodity markets, "especially gold and silver," will break out big to the upside and more pain is ahead for equities, Horwitz concludes.
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Chapters:
00:00 Retail wreckage repercussions
03:12 Fed will not be able to stop this recession
04:22 When will the Fed acknowledge we’re in a recession?
05:03 Biden’s comments about rising gas prices
06:22 Horwitz’s comments on Biden’s plan to curb inflation
08:03 Will a stronger U.S. dollar help the situation?
09:11 Did inflation help prop up the U.S. dollar?
09:49 How much has the rescue plan impacted inflation?
11:00 Outlook for gold
12:40 Should companies wait before they went IPO?
13:37 Outlook for bitcoin
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