So, the U.S. economy is kinda in a weird spot right now. People are making less money, and fewer houses are being bought. But wait—unemployment claims are down, which kinda makes sense since a bunch of people got deported. Basically, Trump is trying to get the economy moving, but he’s using the people as an excuse.
Now, for the crypto market today:
- Morning (8-10 AM UTC+6): A bit slow, slightly red, nothing crazy.
- Midday (11-3 PM): Green, thanks to Japan’s 2-year government bonds, which could push Yen inflation.
- Afternoon (4-9 PM): If inflation (PCE data) is too high, the Fed might have to get aggressive, meaning Bitcoin could dip.
- Evening (10-11:30 PM): Green again, big players are full for now, no crazy moves.
- Late night (12-8 AM): Mostly red as the RRP (reverse repo) spikes for the last day of January.
- If PCE isn’t too bad, Bitcoin might hold up okay.
Now, here’s the kicker—Trump just announced this big economic stimulus plan with a fancy name about helping people with rising prices. Sounds nice, but in reality, it’s just printing more money. The problem? He doesn’t really get how finance works.
Inflation doesn’t happen because of too many regulations or greedy companies—it happens when the Fed prints too much money and lowers interest rates. Trump thinks cutting rates will lower prices, but actually, it’ll just make things more expensive in the long run. Sure, it might boost the economy short-term, but it wrecks purchasing power because wages won’t keep up with rising costs.
Ron Paul (legend) says the U.S. needs a free market—basically, the government shouldn’t control money, the market should. History kinda proves that when governments mess with money, it leads to chaos, inequality, and unfair advantages.
So what does all this mean for crypto?
Since the money supply (M2) is increasing, Bitcoin is still looking good for a rise.
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