Cryptocurrency Predictions For 2022
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How to profit from the DOLLAR losing reserve currency status – hang in to end of video
Cryptocurrency Predictions For 2022 And Beyond!! (Shocking Intel Revealed)
51,097 viewsOct 4, 2021
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✅ Check out the next Rebel Capitalist Live!! https:/www.rebelcapitalistlive.com LYN ALDEN and I discuss portfolio that will HELP YOU profit from DOLLAR losing reserve currency status, click this link to check it out!! 🔥 https://www.georgegammon.com/portfolio For more content that’ll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below! 👇 🔴 Subscribe for more free YouTube tips: https://www.youtube.com/channel/UCpvy… Do you wanna see another video as incredible as this? Watch “Will Fed CBDC Trigger Massive Stagflation? (Shocking Answer Revealed!)”: https://youtu.be/mG4gkT6IKco Watch “Global Elites Plan To Take Control Of YOUR Money! (Revealed)”: https://youtu.be/VgTQQQamF4o Watch “IMF Plan To Replace Bitcoin/Gold/Dollar With Digital SDR!! (Shocking Info Revealed)”: https://youtu.be/WEiqxqlZ_QA Watch “Banks Face Mysterious SLR Crisis!! (Hidden Dangers Revealed)”: https://youtu.be/wr1eDcwB4iM Stay tuned every week for new content!*************************************************************************************
Cryptocurrency Predictions For 2022
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EXCERPTS FROM VIDEO TRANSCRIPT
20:00from flow of funds data because they20:03exist on decentralized ledgers outside20:07of national reporting systems20:10crypto as an asset class was negligible20:13in 201920:15but may have grown to levels that are20:17impactful on a macroeconomic level like20:20dark matter it is exerting influence20:24without being seen now we go over some20:27more statistics that really put things20:29into perspective it’s called fast money20:32the scale and speed of the rise in20:35household wealth is simply unprecedented20:37the roughly 40 trillion20:40increase in household wealth over the20:42past two years is real money that can be20:45spent on goods and services20:48and he points out here correctly just20:50not all at once20:51[Laughter]20:53don’t sell all at once so the price will20:55come crashing down20:57this has obvious implications for21:00consumption and inflation but also on21:02the public’s urgency to seek employment21:05we were talking about earlier21:06stopping the flow of unemployment21:08payments may be less impactful and i21:11think that definitely has a lot to do21:13with it as well but i’ve done several21:15videos on that so we’ll stick to the21:17topic of this wealth creation21:20cryptocurrency and demotivating people21:23to go back to work21:25so stopping the flow of unemployment21:27payments may be less impactful in21:29encouraging employment when the stock of21:31wealth has grown tremendously21:34and this chart is really jaw dropping21:38its households and non-profit21:40organizations net worth level so we can21:43see it dip down which is what you would21:45expect in the gfc21:47and since then it’s gone straight up21:50into the right but look at what happened21:53after the cerveza sickness21:55it not only goes up into the right it21:57goes pretty much straight up it’s a buzz22:00lightyear chart to infinity and beyond22:04to infinity22:06and beyond just to reiterate over the22:09last two years household wealth has gone22:12up by approximately22:144022:15trillion dollars the fed appears22:18confused by the labor market there are22:20many signals of the labor shortage even22:22though the unemployment rate is also22:24elevated the fed is holding rates low on22:27the belief that the economy is far from22:29maximum employment even though inflation22:33is high this goes back to the phillips22:35curve that we were talking about22:37but if the wealth effect has22:39structurally changed the labor market22:42then the fed is viewing the world22:44through an outdated model22:48so let’s think about this for a moment22:51what happens is people still have the22:53same amount of purchasing power or if or22:56more purchasing power for that matter22:58but yet they’re not going back to work23:00producing goods and services and in the23:03mind of the fed if people are unemployed23:05then they should see a decrease in23:08demand and that ties into the inflation23:11rate so if demand goes up even though23:13the unemployment rate stays persistently23:17high the fed is going to see that and23:19assume that inflation is transitory23:22because they’re going to assume that23:23they actually have less purchasing power23:25because they’re not taking into23:27consideration this wealth effect that23:30joseph wang is pointing out extremely23:33well so therefore it may take much23:36higher wages to reach the pre-pandemic23:39unemployment rate the fed may be23:41inadvertently running the economy much23:45hotter23:46than they realize23:48so in order to get people to go back to23:50work when they’re making 30 00023:53every two months trading cryptocurrency23:55wages are going to have to go from 15 an23:58hour let’s say up to 30 or 50 or 7524:02dollars an hour and then that will24:05exacerbate the problem of inflation that24:09the fed24:10thinks doesn’t exist24:13so my first prediction is the fed is24:16going to continue to use the phillips24:18curve to make policy decisions moving24:22forward and because cryptocurrency has24:26created so much wealth at least paper24:29wealth on the balance sheet of those 1424:33of americans who have less of an24:35incentive to go back to work the24:38unemployment rate24:40as measured by the government and the24:41fed is going to be persistently high24:45therefore the fed is always going to24:47come back to the conclusion that24:49inflation is transitory regardless of24:53how many years it goes up at six percent24:58eight percent 1025:0012 who knows how high it will go and25:04we’ve seen this movie before it’s not25:07the first time the fed has inaccurately25:12come to this conclusion i’d like to take25:14you back to the early 1970s at the time25:17the fed chair was a gentleman by the25:19name of arthur burns and just like25:22jerome powell he was coming out and25:24making the claim that inflation is25:27transitory but we all know what happened25:29throughout the rest of the 1970s25:32arthur byrne was proven wrong over and25:36over and over again and i think jerome25:39powell will also be proven wrong in this25:44decade and i know a lot of you right now25:46are saying okay george i understand the25:49stuff with arthur burns and the25:52inflation being transitory or permanent25:55but that’s not really a specific25:58prediction about cryptocurrency or the26:00price of cryptocurrency26:03but don’t you worry26:05my friend26:07we are going to connect all the dots26:10in step number three coming up right now26:14step number three26:15now it’s time to reveal26:18my big26:20cryptocurrency26:22predictions but before i do26:25i can give you a prediction that is 10026:29guaranteed26:31to come true26:32and that is mr joseph wang will be26:36speaking at the next rebel capitalist26:39live event26:41in houston if you haven’t checked out26:43rebel capitalist live definitely do so26:47as soon26:48as this video is done we’ll put a link26:50in the description below but it’s just26:53rebelcapitalistlive.com26:56you can see all the speakers that will26:58be in houston january 7th through the27:019th guys like ron paul chris cole g27:05edward griffin gals like lynn alden27:08lynette zhang and like i said mr joseph27:12wang the fed guy27:14himself but back to the cryptocurrency27:18predictions in step number one27:20we saw that crypto caleb has gotten27:24rich to the tune of two trillion dollars27:30just in the last year then in step27:32number two we saw that all of these27:35gains have most likely decreased his27:38willingness to go back to work therefore27:41the unemployment rate stays higher than27:44it otherwise would and the fed thinks27:47that inflation is transitory so they27:50continue to put the pedal on the metal27:52don’t worry about inflation this means27:55that it most likely will run hot into27:57the future and let me be very clear when27:59i’m talking about inflation i’m28:01specifically referring to the stuff28:04the goods and services you buy28:07daily so i set up this chart just to get28:10a visual of the main concepts i’m trying28:14to communicate28:15first28:16on the left it goes from 0 up to 1628:20this is the rate of increase28:22so right in the middle this red line28:24let’s just assume this is the rate of28:27inflation going into the future and i’m28:30not saying this is a prediction in and28:32of itself we’re just using this as a28:34thought experiment so inflation going28:37from eight percent to 10 1228:401528:42well stocks and real estate28:45let’s say they are also going up in28:48nominal terms but28:50they’re only going up at maybe four five28:53six seven percent per year28:56which for most americans the average joe28:59and jean they look at that and they29:00think they’re getting rich29:02but then they start to do the math29:05and they’re like wait a minute here yes29:08my house is going up at five or six29:10percent per year but my grocery bill is29:14going up by 30 percent per year29:18so they realize it dawns on them that29:21the stocks in real estate are going up29:24at a lower rate or less than29:27inflation29:28but then they look at crypto29:30currency and they see that it is going29:33up at a rate that vastly exceeds29:37inflation29:38so they come to the conclusion logically29:41that the only way they can stay ahead of29:44the inflation curve29:46because remember we’ve got the fed and29:49your drunk insolvent uncle sam that is29:52pushing the average joe to take more and29:56more risk because of these negative real30:00rates so the average joe says to himself30:03well i’ve only got one choice if i want30:06to actually increase my purchasing power30:09or at least30:11just stay up with the rate of inflation30:14i’ve got to move all of this capital30:17from stocks and real estate into30:21cryptocurrency and for those of you who30:23are cryptocurrency fans you may be30:25saying well that’s fantastic news30:28because that means the price30:30is going to go to the moon but30:32unfortunately there is a big30:35problem to dive into this deeper let’s30:38go right to the internet and check out30:40this study from the bis the bank of30:44international30:46settlements30:48this is a report titled early warning30:51indicators they call e-w-i’s30:55of banking crises30:58let’s scroll down here and we can get to31:00some of their charts31:02evolution of ewi that’s early warning31:06indicator31:07variables around past31:10banking31:11crises these charts are a little31:14difficult to decipher so let me walk you31:16through them this zero indicates when31:19there was a banking crisis and this31:21black vertical line and it shows31:24different metrics they used to try to31:26predict when this banking crisis would31:30come to fruition and not only predict31:33when but also the probabilities of it31:35actually panning out so the first metric31:38they use is credit to gdp31:41so the overall credit in the economy the31:43public and private debt31:45relative to the country’s gdp let’s just31:48use the middle red solid line because31:51that’s the median so what this is saying31:54is it’s going up at eight percent above31:58the trend line the historic trend line32:01it’s not saying that it’s going up at32:03eight percent nominally that’s just32:06eight percent above the trend so if the32:09trend let’s say was two percent32:12and now it goes up to eight percent32:14then the delta would be six percent and32:17that’s what this solid red line would32:20indicate32:21another thing interesting about this32:22credit to gdp32:24is that when it gets to a peak that’s32:28usually32:29when you see the banking crisis32:31so it happens kind of in real time32:35contrast that the data represented in32:37this property price gap and we’re going32:39to focus on that solid red line again32:42and this represents the same thing it’s32:45just the delta between the historic32:47trend line and the current rate of price32:50appreciation or the gap between the32:53prices and the income level so the price32:57to income ratio difference between what33:00they’ve experienced let’s say over the33:02past33:0320 quarters and the historic trend33:06that’s the important metric33:08but you can see here it peaks out33:10usually about eight quarters prior33:13to an actual banking crisis so this33:16would be more of a leading indicator and33:19they also have metrics like dsr which is33:22debt service ratio i’m not going to get33:25too into the weeds on those other33:27metrics because i want to focus on33:29credit to gdp and also property price33:33gap33:34what this bis study shows us is these33:37are the most predictive indicators when33:40you’re trying to assess the33:42probabilities of a banking crisis33:46so i’d imagine a lot of you are asking33:49the question right now okay george if a33:52country gets over its skis so to speak33:55or they breach this level which would33:58indicate the no bueno zone34:03the bis might not use that terminology34:06but they caught probably the danger zone34:08what is the probability that this34:10country has a banking crisis34:14and from what i’ve read in this report34:16the probability can be as high as 5034:21depending on what metrics that country34:24actually triggers but the metrics we34:26just went over are so powerful34:29that they usually supersede the rest so34:32as an example if the property price gap34:35or price to income ratio in a specific34:37country gets too extreme34:39even if that country hasn’t triggered34:42any of the other red flags it could34:45still make the probability of a banking34:47crisis go up to that 50 percent number34:51and what i would argue is in a country34:53that has been so financialized like the34:56united states not only could a property34:59bubble imploding create a banking crisis35:02but i think you could see the exact same35:04thing happen if the stock market were to35:06go down by 50 percent just sit back and35:10ask yourself the question35:12what would the economy look like if the35:14stock market went down35:16by 50 percent35:18and stayed down by 50 for the next35:21decade something similar to what we saw35:24in japan in the 1990s35:28i think most of you would come to the35:29conclusion and rightfully so that that35:32would create an economic crisis35:34in the united states to the likes which35:37we may have never seen it may even35:39exceed what we saw during the great35:42depression so let’s think this through35:46using the example35:47of these hot air balloons that i think35:50gives us a great visual representation35:53of the overall concept so we’ve all seen35:56it on a sunday morning those hot air35:58balloons are going up over the sky and36:02the clouds blue sky it’s a really cool36:04thing and they’re all these bright36:06colors and at the bottom of those hot36:09air balloons you see this little woven36:11basket and that’s where the people are36:14kind of hanging out there and floating36:16around36:19in the past when we have a proper36:22fundamentally sound economy36:25i see it as though it’s this hot air36:27balloon that’s controlling or leading36:31this basket36:32that is following it around36:34so in a healthy economy that really36:37revolves around producing goods and36:41services36:42true wealth36:44the real economy would be that hot air36:46balloon36:47and the financial economy like the stock36:50market or the housing market would be36:52the basket36:53underneath that hot air balloon36:56so wherever the balloon goes in other36:58words wherever the real economy goes37:00however well it does37:02the basket will do the same the stock37:05market and the housing market but what37:08has happened as a result of everything37:10that we talked about in step number one37:14is we’ve completely reversed the roles37:17so now we go into this completely37:20distorted type of economy that’s been37:23totally37:24financialized37:26so the balloon has gone from the real37:29economy to the financial economy37:33and it’s the one that has power or37:36control of the direction of everything37:39else and now the basket is the real37:42economy so wherever the financial37:44economy goes37:46so goes the real economy and that’s why37:48the fed has had to come in so many times37:51and bail out the banking system and the37:54banksters themselves because they know37:57that if the financial economy collapses38:00the stock market or the real estate38:02market the real economy will collapse as38:06well but here’s where it gets38:09interesting if we see this dynamic play38:13out in the future38:14because the fed has to let inflation run38:18so hot before they reduce the size of38:20their balance sheet or they increase38:22interest rates we see the capital flows38:25going from stocks in real estate that38:28have a negative38:30appreciation rate or negative yield38:32compared to the rate of inflation we see38:34the capital flows go from stocks and38:36real estate into cryptocurrency38:40then because we financialized the38:42economy so much38:44we could transition38:46into a brand new type of hot air balloon38:50where the price of38:52cryptocurrency38:54is the actual balloon and now the real38:57economy is tied to the price39:00of doji coin39:02and let’s go back to that thought39:04experiment we did during the reading if39:06the stock market goes down by 50 percent39:09remember most of you would agree that39:11that would collapse the entire real39:13economy same thing for the housing39:16market but now if all of the capital and39:19the assets on the balance sheets of39:21americans is tied up in cryptocurrency39:24the same thing would be true that at the39:27price of cryptocurrency goes down by 5039:3060 70 percent then this in and of itself39:35would collapse the real economy39:38regardless of what was happening to the39:40stock market and the real estate market39:42and to make this even more bizarre if39:45the economy started to go down as a39:48result of the price of crypto collapsing39:51then the fed39:52would have to come in and save the day39:55because they have these mandates such as39:58the unemployment rate well if the40:00unemployment rate in the real economy40:01let’s say goes up to 15 percent40:04because crypto40:06falls out of bed and goes down by 5040:08percent then the fed would be left with40:11a decision40:13they would have to come in and literally40:16prop up the price of crypto40:19just like they have done quantitative40:21easing40:22to prop up the price40:24of the stock market and the housing40:26market but step back for a moment and40:29think about this paradox40:32let’s take out the word crypto and just40:34replace it with the word bitcoin40:37of all the cryptocurrencies this one has40:40the highest probability of competing and40:43maybe taking down the u.s dollar so the40:47fed would be put into a position where40:50they have to prop up the actual40:52competitor to the currency that gives40:56them power40:57in the first place so what are my big41:00crypto predictions moving into 2022 and41:04beyond well the fed is definitely going41:07to continue to push41:10people out the risk curve by maintaining41:13a negative real interest rate and i41:17think the negative real rates we see now41:20could actually increase moving forward41:23and this will incentivize people to take41:26money out of the stock market in real41:29estate and move it into41:31cryptocurrency so as long as we see this41:35dynamic at play41:37there are no certainties only41:39probabilities but i think there’s a41:41significant probability that the market41:44cap for cryptocurrency continues to grow41:48now which ones go up and down41:51i have no idea i’ll let you draw your41:54own conclusions and i want to be very41:56clear i’m not saying that this is a41:58reason to speculate in42:01currencies i would never ever buy42:03something just42:05because i thought the price was going up42:07that’s just pure gambling what i’m doing42:10is going through a thought experiment so42:12you can better understand the risks we42:15have42:16to the real economy and one more thing42:18i’d like to point out this dynamic that42:21we’re talking about with cryptocurrency42:23taking all the inflows could continue42:27into the future as long as there’s not42:30another asset class that comes up right42:33alongside it where the gains are even42:36more than what we’ve seen in42:38cryptocurrency can anyone say42:41nfts42:43for more content that’ll help you build42:46wealth and thrive in world of out of42:48control central banks42:50big governments check out this playlist42:53right here and i will see you42:55on the next video English (auto-generated)