MARKET UPDATE: Crypto Is Used To Buy Oil?! FED Meeting, And Economy Ripping
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Unfortunately, was wrong on the previous podcasts. I said that they probably weren't going to hike. I think the data's come in extremely strong. Wharsh is probably going to have to hike. And this counterintuitively, I think is going to be very good for Bitcoin and gold. Wharsh hiking is actually sending a signal that the government is acting irresponsibly, that the Treasury, through interventions in the market, will distort us and that he needs to rein it in. And the reality is that he is going to lose because he has far less political capital, far less political power than Besson and the trea
I love it, man. I love the Ellis Island background. That's so that's so us. This is
where my ancestors came to this great country of America. The most robust economy on the planet. The most beautiful city ever built. New York City was built by the people coming here from Poland.
Wasn't it built by the Irish? No. Yeah. Yeah. Yeah. Some fellman definitely showed up at that island as did as did Weinbergs, which later changed their name to Van Borg, which is why I am Wow.
You fully just, like, committed to the bit. You came here. You're like, we're Dutch now. We come to Ellis Island, and we're gonna assume the identity of the people that founded this great city.
Yeah. I think, basically, I I don't think that was part of the original master plan of show up to America with a shirt on your back and figure it out. But then yeah. My granddad was living in The Bronx. He was like a house painter, like the guy who repaints your house, and he was having some issues getting hired because his name was Yonah Weinberg. So he changed it to John Van Borg and started getting some contracts. One of those things. Anyway, let's see here. We we've got a lot to talk about.
We had so much to talk about.
The first thing here is crypto for oil. Let's just let's just call a spade a spade. If you hand somebody a thumb drive with a bunch of Tether on it and expect a legally binding outcome, especially if you're doing that in our great nation of Venezuela, Like, what are you thinking? I don't understand. This has nothing to do with crypto. Avi, do you want to summarize the
Yeah. I want to take a step back for a second and talk about what the hell we're talking about, which is that yesterday, I put out a Tweaks. I subscribed to the Financial Times, which is generally, actually, I really enjoy that outlet. They don't put out a lot, but I think what they put out is quite high quality. And they wrote an article, a very long expose by an investigative journalist that basically went into the dealings that are happening in Venezuela. Now, this particular dealing is very interesting. Sponsored by the government of Poland, Jonah, traders were sent into Venezuela to negot
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