The Fed's Bloody Balance Sheet (Fiat Wars)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.
In this video, I discuss how Fed money printing has been the primary way that the US has financed its foreign wars over the past 20 years.
When you have only a small percentage of the population actually fighting in a war, and that war is being funded by inflationary money printing (or by shifting the debt burden to subsequent generations)--
It's quite likely that you will end up with more expensive and more useless wars than you otherwise would have.
Under a Bitcoin standard, no nation will be able to go to war without the express social and financial approval of its population, who will need to be willing to fork over some of its Bitcoin to fund the war.
When you hear "fiat money," you should immediately think of lies, broken promises, death, and destruction.
By contrast, Bitcoin promises to usher in a more peaceful and just society.
Not investment advice! Consult a financial advisor.
Memorial Day:
https://en.wikipedia.org/wiki/Memoria...
WW2, Korean War, and Vietnam War all funded by tax increases:
https://en.wikipedia.org/wiki/Revenue...
https://en.wikipedia.org/wiki/Impact_...
https://en.wikipedia.org/wiki/Revenue...
Obama and Bush both cut taxes:
https://www.americanprogress.org/arti...
Costs of the 20-year war on terror:
https://www.brown.edu/news/2021-09-01...
Federal Reserve's balance sheet:
https://fred.stlouisfed.org/series/WALCL
Conscription in the US:
https://en.wikipedia.org/wiki/Conscri...
How many Americans served in WW2:
https://timeline.com/its-amazing-just...
How many Americans served in War on Terror:
https://www.forbes.com/sites/niallmcc...
Kunduz hospital airstrike:
https://en.wikipedia.org/wiki/Kunduz_...
The Invisible Cost of War in the Age of Quantitative Easing:
https://bitcoinmagazine.com/culture/h...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#fed
#war
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
-
35:04
Power Slap
7 days agoPower Slap: Road to the Title - Season 3 Episode 9 - Bring Out That Monster
858K122 -
15:52
Scammer Payback
1 month agoScammers Located in this Apartment
201K72 -
10:41
Breaking Points
3 days agoARSON, 'FREAK OFFS', LUBE: Diddy Indictment SHOCKING DETAILS
186K72 -
45:44
hickok45
23 hours agoSunday Shoot-a-Round # 247
130K77 -
3:34
Cooking with Gruel
1 day agoBrown Butter Deviled Eggs
111K19 -
11:06
Bearing
20 hours agoThe Office 2024 Australian Reboot Looks GARBAGE
92.9K38 -
28:21
Lloyd And Mandy
23 hours ago $4.56 earnedThe INCREDIBLE Hack Every Online Business Owner MUST KNOW In 2024..
90.9K19 -
0:51
scoutthedoggie
1 day agoWhat's in your Northeast UZI Rob?
73.2K4 -
12:49
Misha Petrov
1 day agoI Triggered The Furries…
94.2K83 -
6:22:05
Akademiks
1 day agoNicki Minaj EXPOSES Jay Z over Finessing HER! Diddy got all his Peers Hiring Lawyers & on the RUN!
184K114