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I think it's too early to speculate on whether or not there will be significant consequences I think importantly it depends on um whether uh the hostilities extend beyond Israel and Gaza and that's certainly an outcome we would like to avoid and and are you and and the treasury Department preparing for that eventuality and what it might do to the the global economy if if the conflict does broaden out in that way I think it's very early days and we're monitoring the situation at this point the American economy is doing extremely well um inflation has been high and it's been a concern to households it's come down considerably at the same time we have about the strongest labor market we' have seen in 50 years with 3.8% unemployment we've seen burgon of investment especially in manufacturing um in industrial Renaissance in the United States and um we're creating good jobs especially for people who've been don't have a college education have been um left out of um really economic progress in the United States so the United States economy is in a good place welcome to the crypto teacher and you know I come back with that video just to make you think don't forget to like And subscribe to the channel support his great content by HD in the cash out and by joining the patreon and we have Janet yelling again not being honest with us saying that the drums of beating is not going to affect the economy and that the US economy is in great shape and she says it with a straight face we see the United States economy crumbling Steve minuchin started it and handed it over to Janet Yellen the chest piece and don't forget guys she used to be the chair of the fed and she knows exactly the mission remember she's the one that stated oh it's nothing going on with inflation and now inflation hits so now we have the fed and the treasury fighting the inflation that they cause but we know why cuz we're in a fragmented World they have to break up every sector in to bring in the robots algorithms and drones and remember the crypto teacher told you this rally is Way Beyond the rumor I think the the rally today is about a flight to Quality with all the you know all the issues around the isra war now um Global terrorism and I think there's more people running into a fight quality whether that is in treasuries gold or crypto depending on how you think about it and I believe crypto will play that that type of role as a flight to Quality like the SEC is going to be forced to approve a spot Bitcoin ETF what have any Communications have you had with the SEC about your application where are we in this whole thing well uh it was a publicized and disclosed uh I think it was last week that um we had responded to uh SE the sec's request for information around our our uh Bitcoin filing uh and we responded and that's basically all we can say uh I think many people think the fact that the FED uh I mean the fed the secc um chose to ask questions is a change in Behavior Uh and therefore I do think hopes are rising that a or a number of Bitcoin ETFs will be approved yeah the the my understanding is the court now is going to issue a mandate about how to enforce their their decision here to the SEC and their SEC is going to basically follow that mandate everybody is assuming at this point that they'll probably approve most of the Bitcoin ETFs by the end of the year is that that's a reasonable assumption at this point they lost the court case they chose not to appeal it at this point right uh and I do believe uh maybe the reason they're saying by the end of the year early next year I know our final deadline on this filing is January 10th and so and I think were first in line but as you say uh a a number of uh a number of B Bitcoin ETFs uh could be approved at the same time do you not believe in higher for longer uh I don't and uh we don't I should say um if we if we if we're paying attention to company earnings and some of these uh uh our companies uh were exposed to others not um you'll see at both the highend and the low end of the consumer uh Spectrum in terms of price points uh you've got dominoes saying hey it's really weak out there we've got to do more promotional activity and you've got lvmh same thing both of those happened last week we're paying attention to company reports and I understand the economic statistics are are volatile and showing uh strength and then weakness uh we're paying ATT attention to our companies and it does seem like the consumer is starting to get way here it's kind of ironic though because you know Bitcoin was supposed to eliminate our Reliance on large intermediaries create peer-to-peer trading and here we have you know some of the largest intermediaries of the world like Black Rock offering uh really a derivative of of Bitcoin on a centralized exchange totally yes and I'm sure the purists would would kind of be rolling their eyes even while they're thrilled if it helps make Bitcoin prices go higher as it appears to be doing how much of this is politics so it you know some DC observers have made the point that this does kind of in a back door way bring Bitcoin under the sec's remit because they regulate ETFs and ultimately Regulators don't want to lose power and this is a way of maintaining it well perhaps that I think they were really just in a position after the recent court case where they don't they didn't really have any options you know they had tried to resist uh approving the cash ETFs uh because they were concerned about you know the the degree of um of oversight in the cash Market um so I think that's why they did it I think they'll continue though to pursue the enforcement actions challenging whether uh a lot of these tokens are securities obviously they've they've acknowledged that Bitcoin is not but we still have that issue of you know which tokens are securities and how do we bring regulatory oversight to these platforms it Remains the the same issue right so do does it now kind of ring defense Bitcoin and and sort of say okay that this can move forward and kind of be mainstreamed all the rest of it TBD and what exactly is the regulatory frame the sort of ad hoc regulatory framework that has now sprung up well you know I think we're still in a very muddled area because they don't have General oversight over these trading platforms even with respect to bitcoin trading right I mean neither the SEC nor the cftc technically has the power to tell coinbase for example you have to follow these standards in the trading of Bitcoin now former SEC chair Jay Clayton and I advocated just that we said the SEC and the cfdc should just get together and and develop standards and say these apply to any platform that trades uh Bitcoin or ether that would have gotten you the entire market and just just create a baseline of protection we can fight about you know which tokens really should be treated as secur ities uh we can continue to fight about that but we really need some basic investor protection in this market and we have Larry Fink says a 30k pump was a flight to safety is that correct guys no it is not we know the FED took your money printed a fake report and liquidated over 100 million someone should go to jail and remember the crypto teacher told you where is the SEC for them now we have Kathy Woods say spot Bitcoin ETF is coming soon and remember the deadline for her spot Bitcoin ETF is January of next year and Kathy Woods doesn't believe the high rates for longer and you know the crypto teacher is Right long water because we can clearly see there's going to be an event that's going to allow the FED to cut rates because the drums are getting louder and unlike what Janet yelling stated the American people are hurting and we have Timothy mad the ex cftc chairs says that is funny how a report of a big Bank coming into crypto pumps Bitcoin when Bitcoin was supposed to replace the banks and he's smiling because he know that the NWO was behind Bitcoin and crypto from the beginning and you know the crypto teacher when I first started this channel I let you know that the big Banks and big corporations were funding crypto from the beginning in order to bring in this new Financial system that's going to give them even more control remember blockchain gives the NW the all CN and programmable money will allow them to tell you what where and when and how to buy and you have three to six months to spend it or poof is gone and since all your power has been taken they're going to put you in a metaverse in order to download you and once they download you they're able to delete you remember they want the mind body and soul and don't forget the crypto teacher told you because he knows when it comes to the NWO it's all planned D you have a wonderful day going to a different economy and we're going to be learning more about that uh as we go but clearly we're we we're learning that things can be done uh from remote locations we're learning that technology can replace people even more than we thought we're not going back to the same economy we're going we're recovering but to a different economy and it'll be one that is more leverage to technology and I worry that that is going to make it even more difficult than it was for for many workers in Silicon Valley and my friends who work in technology know that what we did to the manufacturing workers we are now going to do to the retail workers the call center workers the fast food workers the truck drivers and then even bookkeepers account uh insurance agents lawyers and on and on through the economy so what happened to the manufacturing work is a very clear sign and so we'll import Chinese based cbdc technology so it's going to be cbdc in a box uh provided to You by The People's Bank of China but every stock every Bond every currency every commodity every piece of art every private business every piece of real estate will eventually be a token on a blockchain an entry on a ledger permanent and immutable we will have truth instead of trust and we will save over 7 trillion dollar a year six to eight% of global GDP is wasted by the friction of the trust industry that's necessary when you have dual entry accounting with triple entry accounting which is what a blockchain is we get rid of all of that friction it's a beautiful future like what you see in China and their social credit scoring systems right if we get identity wrong you know it could be a tool to enslave humanity and if we get it right it could be a tool to liberate humanity and as an American you know uh uh I'm obviously rooting for the the one that's on the side of Freedom Bitcoin is an international asset and also I do believe the role of crypto is um it is it it's digitizing gold I actually believe this technology is going to be very important I am I you know look at it we have been part of a huge revolution in investing through ETFs we believe that ETFs will be changing the whole way we invest many people still use it as a means while people are investing it for indexing no they're the majority of people are putting money in an index in ETFs are active investors that are buying exposure the entire bond market is being transformed as we talk right now I believe the Next Generation for markets the Next Generation for Securities will be will be tokenization of Securities um we will and if we could have that distributed Ledger that we know every beneficial owner every beneficial seller we all have our our our code of who's buying who's selling instantaneous settlement and think about it changes the whole ecos crypto teacher and the new world auto book plus the three kids books is time to re-educate also new to cryptos coinbase betu bunnet do not forget book links and crypto links are in the description the stock Channel guys don't forget to go like subscribe spread everywhere you have your Cobo your chip sauce your banking your gaming while everybody sitting at home get home stocks the see the biotch stocks and while everybody's that on wishing they were still getting that free money what are they doing drinking and smoking weed don't forget about those stocks and you have a wonderful day most powerful person in the world is the Storyteller the Storyteller sets the vision values and agenda of an entire generation to come Steve Jobs and guys you know I truly believe in this when you look at the new world order they're the storytellers and that's the reason why I wrote my new world order book but guys now was time to change the current generation and I wrote three kids books you know I love the Trinity because I understand the power that's in it so I have three books we have an opportunity to change the gener ation to educate not just me but I want to show you that I take action on a daily basis and I want you to take action on a daily basis whether it's your job whether it's in your community we have an opportunity right now to educate the masses I posted this on my Twitter account please share but this is a short clip of the three books there's going to be a clothing line and action figure please get these books for for your kids nephews cousins friends so therefore we can start the re-education now cuz as we see the fourth Industrial Revolution Foundation is definitely here robots algorithms drones taking Humanity out the picture we have to re-educate but let's get into the video part one king yua and Grandma sa The Village part two King yashu and Grandma team safe New York Long Co stories 3 part three King yua and Grandma T goes to China it's mandatory to get part one part two and part three of this series it's time to re-educate Generation Z
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