Why Every Government Response To The Economy Makes Asset Owners RICHER — And Dollar Holders POORER

Hey, it's Kamilah Stevenson, and around here we talk wealth. What's up, family? What's going on? We're gonna get into something tonight that— well, it may be morning for some people, it just depends, right? Uh, we're gonna get into something that I feel like most people just still have not figured out. And I promise you, even if you gotta listen to this video more than once to understand or do your uh, further research, I want you to, because we are in for some interesting times, okay? And, um, yeah, I, I get a lot of questions about, uh, UBI, okay? Universal Basic Income. And so because I've gotten a lot of questions about it, I felt like let me talk about it a little bit, what I think about it Is it coming? Will it help people? Um, I want to answer that, but I want to answer it in a way that goes deeper than just the debate around it, okay? Um, because honestly, will it happen? Won't— you know, will it not happen? It's really avoiding the real conversation that we need to understand about how this system works, how the mechanics work, okay? Like the video, subscribe if you have not already. Um, Tom from Laredo, Texas says hi. Hello, Tom, what's going on? Um, Roosevelt, I see you already here. Okay, Saudi Arabia, uh, Saudi Arabia declined the renewal of the petrodollar agreement with the U.S. government as well. Let me tell y'all something, this— the, the, the debasement that's happening, like, you know, a lot of times I talk about, um, the dollar being worth more in context other currencies. But overall, this entire picture goes the same way every time. And if you don't have a clue, I want you to get one because there's a lot that's already, um, you know, a lot of people are looking day to day and, and they think the pace of where we are is reflected by, oh, if we're having a green day in the markets or if we're having a red day in the markets. I need you to understand There was a— I don't know what country it was that was saying that the damage that had been done, uh, to their energy would take them about 5 years to recover. Everybody's going to experience something different. Some of the effects could take 3 to 9 months to really catch up. So I need you guys to understand that you need to prepare yourself. And the one word that I feel like to describe what could happen, um— share this video with someone who needs to hear it— but the one word I feel like describe how devastated people are gonna be is the word suddenly. Like, there's a lot that's already happening, okay, but I think people are going to feel the effects of things when things happen suddenly. Uh, thank you so much, um, Sentinel. Sentinel, I hope I got that right. Thank you, I appreciate you so much. Um, what's going on from Toronto, Canada? New Jersey is in the house. Mommy Wolverine is in the house. Yeah, I don't believe, uh, New York Bronx. I don't believe in all of the propaganda. I— you can't look at the headlines and the news and you, you know, the, the— listen, look at how the market is running right now. It's running off of tweets, it's running off of X. Come on, y'all, you gotta know what the fundamentals are reading and what the structure is that's forming. So anyway, I'm gonna, I'm gonna give you the same, playbook that's— that determines where everything ends up every single time. Okay, and, uh, hopefully— what's up, um, from Miami 305, Marcus? What's going on? And hopefully Caribbean in the house. What's up, St. Lucia? I love it. Um, hopefully New Orleans. I love it, I love it. Hopefully you guys, um, catch on. I'm telling you, catch on. You better— real money food, shelter, water. You better be get— you better learn some skills on how to grow some food if you need to. You better, you better start communicating and building some local relationships with your farmers markets and stuff like that. Y'all, y'all, y'all not gonna understand until it happens. I get it, I get it, because people don't really like to prepare, okay? I'm telling you, the signs are there. Um, and if you're not reading the signs and if you're just waiting on somebody to tell you— most people are waiting on somebody to show up and prove to them what's going on. We have all the proof we need. All we have to do is look at the last 50 years and figure out how this is going to end up, y'all. Let me explain it to you. Charlotte is in the house. What's going on from Ghana? I love to see everybody coming from all over the world. Again, like the video, subscribe if you have not already. Nothing I say is financial advice. Uh, let me get into it because, uh, again, I want to have a real conversation about the, the system that we're talking about, the, the engine. Okay, it— there's a specific financial engine that's been running in the background of— I know, you know, I live in the U.S., so of definitely American, the American economy for years. And every single time the government announces something like, um, you know, that sounds like health or that sounds like help, um, is the stimulus check, for example, the Fed injections, uh, the bailouts and the UBI and all of that that people are asking about. Um, the mechanism continues to run, okay? Every single time. It's a system. It's the same system. I'm going to help you to understand that this system will continue to produce the same results. For the same people, okay? And I want to show you exactly how it works, who it really helps, and what you can do about it. Because at the end of the day, this is— this should be personal for you guys. I mean, you should really be, um, you should really be trying to figure out how you can capitalize. Seriously, I try to get my family to consider what they would do if their debit credit card didn't work. And y'all better be real money, okay? Do y'all get what I'm saying? You better invest in real money. I know some of y'all not gonna do it until— I mean, you ain't gonna be able to do it by that point. Real money. Do you understand what real money is? Like, you better be invested. I'll help you to understand where your money should go. Let me start. I have to— I want to educate you guys every step of the way, right? So let me start with a question. It sounds very simple, but I don't think a lot of people would be able to answer it. And that is— what's up from Los, uh, and, uh, Los Angeles? What's going on? Uh, and Richmond of Virginia, uh, been investing in XRP since 2017. 17 cents, man, I love that. Uh, here's a question. Uh, I did buy more through iTrust, not the scam code on live. Yes indeed. Uh, did you see that YouTube link, uh, live from Fink? I haven't. Uh, I haven't seen it yet. Um, so maybe that's something I need to see. All right, let me start with a question, um, and I'll get to some more of the chats and look at them. And, you know, but I really want to walk you through this because I, I— you got to understand how this all works, y'all. And I think if you can just really understand it, you'll be in a great position. Suddenly things are going to change whether you know it or not. The question I have for you is, what is a dollar? What is a dollar? Not what a dollar looks like. I know we can describe that. Um, not what you can buy with it. What actually is it? You know, I ask a lot of questions. Y'all know that. And I have to answer them for myself so that I can understand the mechanism behind how things work and where— what we're headed towards and how this all plays out, right? So I go down a line of questions, you know what I mean? Like questions that you wouldn't even think to ask yourself, right? Um, if you don't ask questions, you won't find the answers, right? So What is a dollar? Well, a dollar is simply a unit of measurement. That's it. It measures value the same way an inch measures distance or a pound measures weight. And this is why this is important for you to understand, um, because let me give you an example. Imagine if you owned a house. What's up, uh, Scar Money? What's going on, y'all? Um, imagine if you— and I'll get to some more, uh, Super Chats as well. Imagine if you owned a house and your neighbor came to you and said, hey, this house is worth, uh, $300,000, right? You might feel like, yeah, okay, I got— I, I own something. But then what if while you were sleeping someone secretly changed the definition of an inch? Okay, an inch. And what if what used to be 1 inch is now a half an inch? Like every ruler in the country just gets shorter overnight. Now your house did not change, right? It's the same. The bricks are there. Nothing about your house changed. But now when you measure it, um, the house is suddenly worth $600,000 because the inch is now half an inch. Like, if we measure— measuring in inches, for example. I'm just using parables, right? The question is, did you— did you get richer? Or no, right? No, you really didn't. You didn't get richer. The house is— it's the same exact house. What happened is the measuring stick got shorter, and that is what happens every single time the government creates new dollars. The measuring stick gets shorter. Everything measured in dollars appears to go up in value, but most things did not actually become more valuable. The unit measuring them just became worth less, okay? Now here's where UBI enters this picture again, because I get a lot of people who ask. And, um, generators— thank you so much, uh, Stephanie, I appreciate this— generators, water, butane stoves and cart— and cartridges and so much more. Yes, you have to start thinking like that. And, um, in community and network, I mean, it's gonna— like, the countries that's gonna survive this next wave are countries that's going to be able to Um, be more adaptable and self-sufficient. Okay, so you're gonna have to be more self-sufficient. I, I suggest you get some extra skills to make sure you're, uh, self-sufficient. And Jacobin said UBI is the future. Yeah, and so let's, let's talk about that for a minute, um, because I want you to understand how it works. Um, before— let me take this— I want you to understand, I'll get to some more of the Super Chats, um, be I want you to understand how it works before we even talk the policy stuff, right? So universal basic income is basically, for those who don't know, the proposal that every American receives a monthly government payment regardless of whether they're working or not. And the idea is that AI eliminates jobs, that people still— and so people still need income because, you know, if they don't have a job, but you still need income to be able to pay your bills and survive, right? So With that being said, the government is, you know, going to provide it, you know, and it sounds reasonable, um, and it sounds compassionate even on the surface, um, but honestly, as a concept, I understand— I do understand why people find it appealing because some people are, you know, there's some people who are against it or some people who are not against it, okay? But my question to that, you know, and I always say this, let me just say this real quick, like If everybody in the world got a million dollars, everybody started with a million dollars, every single person, it's still gonna end up— all, all that money, the majority of that money is still gonna end up in the same people's hands. Okay, like, think about what people did with a stimulus check. Okay, you give them free money, what do they do? What do, what do the average person do? They're gonna spend it on what? On a business. And then do what? Make that business make more money. And then what? Make the shareholders wind up making more money too because they own stock in that business. I mean, it's going to all flow from the same place because humans are predictable, okay? So humans are predictable and I love it. I am teaching myself to be more self-sufficient. Y'all better start getting some seeds and learning how to get some sprout and grow your own vegetables, okay? Yes, I love that. And so I took some funds from my stock account into my Roth today, awaiting XRP Las Vegas. Love, uh, to connect and, uh, to get knowledge. Assets, assets, assets is the word. I love that, and you are absolutely right. Um, I used to build a house. Let's see, real talk. Okay, uh, I used to build a house, $100,000, $175,000. We would build it $175,000, we would sell it for $245,000. How much is the cost? How much it costs to build it? And I know they're going for $600,000. I mean, yeah, prices are going up tremendously, okay? And it's gonna keep going up. Like, people just, just keep waiting now. So, okay, so the government is gonna— it said to provide this, but here's a question I need you to understand. Again, here's another question: where does that money come from? Where does the money come from, y'all? Come on, y'all gotta start asking yourself. When they pump stimulus checks and stuff, where is the money coming from, right? Let me, let me explain something because I don't think people understand how stuff works. The United States— again, I'm in America— so the United States government currently has $40 trillion in debt. It's already spending significantly more than it collects on taxes every single year, right? There is no pot of money sitting around somewhere waiting to fund monthly payments to every American. It's not there, y'all. We got debt, okay? The money has to be created there. Just think about where's the money— it got to be created, right? Which means the measuring stick gets shorter, which means everything you already own— your savings, your cash, your retirement account— denominated in dollars measures less value. Even if the number on the screen stays the same, it doesn't matter. That's exactly what happened in 2020, and most people don't connect the dots to this. The government sent the stimulus checks. People felt like, oh, I'm being helped. Meanwhile, the Fed was creating trillions of new dollars and injecting them into the financial system. Then 18 months later, inflation hit 9%, and the people who received, what, $1,200— I don't know how much it was— like, they watched the cost of what, groceries, rent, gas, and everything that they can imagine, insurance, everything they saw it rise by the amounts that far exceeded what the check provided. Check gave them one hand, inflation took the other, and the net effect for most Americans were— it was negative. It was a negative net effect, okay? Not backed by nothing. I mean, I'm telling you, that dollar not backed by nothing but debt, okay? And we just saw the comment about the petrodollar because That was the one thing that made the dollar, I guess, still valuable, or people want, you know, or have interest in the dollar, is that you have to, you know, uh, purchase oil in the dollar. And now they try— they getting it from the yuan and other, you know. So y'all just pay attention to what's going on with the dollar. Now here's what's interesting, is that while purchasing power of dollar holders was being diluted, as it always is, while the measuring stick basically was getting shorter, something else was happening. The people who own assets watch those assets explode in value. If you pay attention, I mean, it was booming. Real estate went up, stock portfolios went up. I'm talking about dramatic wins. I mean, I, I, you know, people were saying you could like literally, you could throw money at the stock market and I mean everything was going up, okay? Commodities went up, gold went up. Why? Because when you create more units of measurement, everything measured in those units appears um, more valuable. That's what happens. The assets don't change, it's just the measuring stick that changed. And the people who own them— real estate, scarce things, things that exist independently of how many dollars are in circulation— those things capture the appreciation, while the people who are holding dollars absorb the dilution of it. That's not an accident, y'all. That's the mechanism I'm trying to explain to y'all. The same game plan, it's the same playbook. You read it over and over, it don't change, y'all. It literally runs every single time. The stimulus checks, the bailouts, Fed injections, and then yeah, UBI. And let's make it clear, the wealthy do not need UBI. Their assets are going to automatically benefit from the engine, from the mechanism, from the system that funds it, right? So every dollar created to pay UBI makes the assets that wealthy people own worth more in dollar terms. So the person receiving the UBI checks get the temporary relief, but the asset owner is going to get the permanent appreciation. So what are you doing with your money now? And I'm not saying UBI is evil. I'm not, you know, you know, having— this is not a conversation about whether it's going to help people, whether it's incomplete. Um, I just need you to understand every— the mechanisms that we're looking at underneath it, okay, behind closed doors, because I feel like once you get it Um, the more important question is not whether UBI is good or bad, or if it's gonna— if it's gonna happen or not, is whether you're going to literally position yourself to benefit from the system that runs when it arrives. Because the same system is going to run. I'm trying to tell you guys, this is what you need to process. Whether, whether it gets passed or not, the system is already running. It's been running since 1971, since we talked about the Nixon shock since we talked about the dollar no longer being backed by anything, and you can limitlessly just keep printing and keep printing. And if you understand that, you're going to be on the right side. Now I do want you to understand too why the— here's, here's the interesting part. I'm just making sure I didn't miss anything. Um, the interesting part is I need you guys to understand— again, like the video if you haven't already. What's up from Norway? Um, quality of life will be gone here. I mean, you— yeah, I mean, it's like either way, like, it's going to be people who benefit and people who don't. I mean, it's not going to matter because the price of things are going to increase. So it's like, in one hand they giving you money, and in another hand they taking it back because the prices is going to be high. You know, you still— it's not gonna— unless you, unless you really get how this system is working, um, you're not— you're gonna be in a— it's gonna be a cycle, right? It's a trap. That's what I want to call it. It's a trap. And I'm gonna help you to understand, there is no way around this, y'all. Let me, let me explain. There's no way around this. Like, even if the government wanted to stop running this engine, they can't, right? Remember again, the United States has $40 trillion in debt. Now, it's a whole nother story. I'm telling you, they trying to crash everything. The globe is— there's a global reset happening, okay? I'll explain to you probably what, what's going to happen with the debt, and y'all gonna be surprised. So remember, the government is, is trillions of dollars in debt, okay? So, and most people hear that and they like, oh, that's a large number. That's actually not the scary part. Y'all want to know what the scary part is about that debt? The scary part is the speed. The speed. Think of it this way. So, and you guys know because, uh, you've had credit card debt before. I know I have, right? So, but imagine you have a credit card debt balance and the balance itself is manageable. Like, okay, this is manageable, I can pay monthly on this, but every month the interest rate, um, or the interest charge that you get, it keeps growing faster than your income is coming in. So every month you have to put more on the card just to cover the interest from the last month, which creates more interest the next month, which requires more borrowing the month after that. The, the whole idea is that the balance is not just big— that's not really the biggest problem. The problem is that it's accelerating, and the faster it accelerates, the harder it becomes to actually stop it. So that's exactly what's happening with America right now with national debt, okay? The interest payments right now alone on $40 trillion at current rates are just consuming a, a larger percentage of everything that the government collects in taxes. So taxes is not, is not covering it. And remember, the Federal Reserve Chairman, y'all know Romy Rome said, um, recently told Harvard students that the current fiscal path is unsustainable and will not end. This is the person running the monetary system telling you directly that the math cannot work, and it's not working. It's not gonna— there's nothing you can do. So again, um, yeah, yeah, them credit cards will break your spirit, okay? Um, they will break your spirit. Say a bell in. I said somebody said See, some people will leave. I mean, some people will. People— a lot of people have left a while ago to go to Puerto Rico because they don't have no taxes, and it's so wonderful there. Like, the people are different, like they get along, right? So, um, it's a lot happening. In debt whom? In debt to whom, if I may ask? When you say in debt to whom, what do you mean, Javan? Javan, I think I got that name right. Um, what can they do? That's a great question. Completely unsustainable. What can they do? Well, let's, let's walk through what they can do. Um, because that is a good question. Um, let's, let's even talk about— to— I'll give you a few things that they can do, but we haven't even factored in the oil market right now. Making the problem even worse in a way that most people haven't even— they haven't even integrated that problem. Okay, you got countries around the world right now that needs oil, and oil, remember, is priced in dollars still. So when a Strait of Hormuz situation disrupts normal supply, then those countries, um, need to buy oil from alternative sources at significantly higher prices because the prices are going up. And so what happens is currently they need dollars fast. Where do they get those dollars quickly? Well, they're going to sell their most liquid-denominated asset. What's the most liquid-denominated asset most foreign governments and central banks hold? What is that? What are they going to sell? Oh, U.S. Treasury bonds, right? So right now, foreign central banks are selling U.S. Treasury to get dollars to buy oil. When they sell treasuries, the price of those bonds go down. When bond prices go down, the yield, the interest rate goes up. When yields go up, the cost of financing America's $40 trillion debt also goes up at the same time. And when debt costs go up, the deficit expands. And when the deficit expands, more borrowing is required. When more borrowing hits the market, it pushes yields even higher. This is a loop that accelerates itself and The balance is just gonna go grow faster and faster. Like, every single day it's, it's, it's picking up pace. Like, so they're— you, you're owing more and more and more as the day— I, I actually have went on a site to like watch it in real time. There's the numbers there, actually, and you will be astounded at just watching the number go up. It's a, it's a site where you can literally watch the number go up, and it's like It, it looked like, uh, you know, um, what, what's that show called? Um, what is that show called where they put on them green suits and, um, and they trying to be in survival and they die and, and whoever gets to the next game, um, the, the, the amount of the number go up real, you know, real quick. And the further and further the game go on, that amount— what is that? Um, it's— I don't know why I can't get it, but I know y'all done seen it. And they had— and they had on jumpsuits. They be trying to kill each other and stuff to make it. Y'all know what it is. Like and subscribe if you have not already. I'm just waiting to see if somebody remember, uh, what is the name of that? Squid Games. Squid Games, right? Squid Games, right? That number on that screen is going up so fast. Uh, yeah, y'all got it. Y'all got a Squid Games. Um, that number is just going up, and I— and it, it's amazing if you ever, if you ever see it. Yeah, yep, the Squid Games, like, they, boy, they, they knocking people out trying to get that, that number up. But that, that number on the screen, it just— but it's— imagine a number that's just going up every second, that number going up every second for how much it is. Crazy if you actually watch it, right? So it's a loop that, uh, so it's a loop, and, and it's a genuine trap that is more than just difficult. I mean, it all ends up being the same thing. Like, so let's talk about the, um, it's 3 options the government have. Somebody was asking like, well, what can they do, you know? And I want you to understand all 3 because they reveal something very important, which is that every single one of them actually leads to the same place. So let me just say that first, before you even hear what the 3 are, I want you to know they end up at the same place. It's a, it's a vicious cycle. That's right, USA, uh, 520, a vicious cycle. Why does the price of oil, price in yen, be manipulated by the, the web of lies? I mean, the right now, the futures market is determined. It's— you gotta— most people, it is a, it is somewhat a web of lies, and because there's a lag right now between the futures market and the actual physical oil. Okay, they're not the same right now. And every time in history— so the futures market, they're pricing in oil in their heads as if this thing is going to get resolved, but they don't understand the chain of effects of actual physical oil. And every time in history, because this is a repeated thing in history, is like— and you, you can also see that, uh, gold, uh, gets pulled back in these same circumstances. But every time in history when there's a gap between futures market or paper, basically paper oil and physical oil. Um, physical oil doesn't reprice to paper oil. Paper oil reprices to physical oil. So we're gonna wind up seeing— well, what happens when they crash the dollar? Well, you better be in assets outside of the system. Here's the 3 things that they can do. They can only do 3. Their hands are tied and it's gonna all end up the same. So Whether you see this play out, it's all going to have the same outcome. The first thing they can do is they can just stop interfering and they can let interest rates rise naturally. Uh, but the problem is that rates would jump so high that the stocks would crash and the government would collect less in taxes, and the economy would literally spiral into a recession that, with $40 trillion in debt, could take years to dig out of. The second thing they can do is print more money to keep the rates low and prevent the crash. But the problem is that we already have inflation and oil prices are already sky high. So printing more money on top of that does not cool inflation. It actually makes it significantly worse. It puts fuel on top of the fire. And to understand that, just think about 2021 and 2022. But like This will make 2021 and 2022 look like a, a, a kid's game, okay? And then they have a third option, which is let's just do nothing and hope that it resolves itself, okay? Uh, well, the problem is the rest of the world is already watching and making moves, right? So you got countries that's finding ways to trade oil without using dollars. Every week this continues, then more countries decide that they don't need the dollar anymore, which makes what? The dollar weaker, which also makes it, uh, which is inflationary, which eventually forces option 2 anyway, the second one that we just went over where it's about printing more money. Okay, basically deflation, deflating the dollar. There's no clean exit, y'all. Every door is gonna— every door is going to lead to something very painful. And if you understand this, um, that if you got to understand this, the people who understand it that are not sitting in cash waiting for things to stabilize, they're going to move towards assets that hold value regardless of which door they go through. Like, are you in assets that hold value? Because every single path, every option is going to lead to the same destination. Why do you think central banks are storing up and putting money in gold? Like, why do you, why do you think Why do you think so many people are going to come to real money? Like, this is not real money, y'all. This is a currency. There's a difference between a currency and real money, right? More— if you have more dollars in the system, remember, that's a shorter measuring stick. That means that assets are going to appreciate and dollar holders are going to absorb that cost. So that's a trap. There's no clean exit, y'all. There's only, um, which version of the same outcome is going to arrive on what, what timeline. Like there, but there's no different door. Okay, now I need you to understand something, what that means for you personally, because at the end of the day, everything that's happening right now, you wanna— for your own family's sake, you want to stop and say, wait, what do I need to be doing? This is a trap, right? I cannot just go day to day not thinking about this and not being intentional and just laying down and waking up like a robot and on automation. And like, like, because it's going to— certain things will happen. What did I say? Suddenly. But it's really not suddenly. It's only suddenly to you because it's been unraveling and unraveling until the thing just breaks completely. Okay, this is not something that might happen, y'all. This is already happening. It's been running in the background for 50 years. It's accelerating. So it's not about whether you feel it or not, you know what I'm saying? The question is whether when you feel it, you're going to be on the side that benefits you or the side that absorbs. Okay, so you got to figure out which side you're going to be on now. So if we think about this, the UBI and every other form of government response to economic pressure running on the same engine— more dollars created, measuring stick is shorter, assets go up, dollars go down. The thing that you have to understand and determine is your financial outcome through all of this. That you really— I can't— if I could beg y'all, Please pay attention to this. Please pay attention to this. Plan for the worst, hope for the best. There's not— I mean, like, what do you lose by doing that? What do you lose by putting your money, um, your dollars in real money, in real assets outside of the system? What do you lose by getting— storing up extra food or whatever? Like, it's food, you're gonna use it, trust me. Um, what do you— you know what I mean? Like, you better plan. You better plan for this. Like, so, okay, we got to figure out our outcome through all this. Are you holding the measuring stick, or are you holding the things being measured? Which one are you holding? Because those two positions are going to experience the same environment but in, in opposite ways. They really are. If you're holding cash, you are accumulating that shrinking ruler. And I don't mean holding cash to just like— like, we, we understand, like, you, you have to have some cash for opportunities and your emergency fund and things like that. But you, you know what I'm saying? Like, some people are not— they just rather like— like, they think— yeah, they think budgeting and like having an emergency fund is going to solve this. It's actually not. Even your emergency fund is losing value as we speak, okay? As things start to go up Like, your emergency fund is losing value. Now, you should have it, but I just want you to know that if you— you better balance that somewhere, right? Your, your, your balance looks the same or even grows slightly, um, it doesn't matter. Like, even if it grows slightly, it's still going to buy you less and less, okay? Do y'all get that? It's not— it's going to buy you less and less as the days and the months go on, okay? And then you'll find yourself working harder, saving more, and still falling behind. Right? That's what's going to happen, okay? Because again, it's, it's, it's being, it's being debased right now. Imagine instead of saving the ruler, you own the thing being measured. Like, okay, let's, let's talk about, um, because you may wonder what assets am I talking about. Well, real estate, gold, scarce digital assets, other commodities, whatever that looks like. When the ruler shrinks, it just takes more units of it to measure the same thing. So maybe your assets appear to go up in value just because more of a shrinking currency is now chasing the same scarce thing, but that's good for you. Same economy, same inflation, two totally different experiences depending on what you're holding though, okay? And if you pay attention, the Genius Act, which is already signed in law— look it up— it requires any company that wants to issue a stablecoin to hold U.S. Treasury bonds as backing dollar for dollar. Think about what that means if you add the context of everything that we just talked about. So think about it like this: Apple launches a wallet with its own digital dollar, okay? Tesla do the same thing, um, Amazon, Google, whatever. Every platform that you already trust becomes a buyer of US government debt to back those digital dollars. I was astounded when I, when I started studying this and was learning about this, right? Um, and then every person that's using those wallets can become an indirect holder of that debt without even knowing it. So in essence, the government has just found a way to distribute its debt to everyone with a smartphone through brands that people absolutely already love. So it's going to be easy, like a no-brainer for people. They're not even going to think about it. It's genius if you're the government, but it's very concerning if you're the one holding it because those digital dollars can be frozen, they can be restricted, they can be turned off. They're still dollars, they're just digital dollars, you guys. It's subject to the same controls. XRP, let's talk about that. XRP is none of it. XRP is not a dollar, it's not a stablecoin, it's not tied to any government liability. It lives on its own Ledger. And the same infrastructure corporations are also building their digital dollars on top of has a native asset that cannot be printed away and cannot be switched off. But you want to be taken out because of the price right now? Okay, when the measuring stick keeps getting shorter that we talked about, when the dollar is devalued over and over again, um Every asset that's tied to that stick loses ground, and every asset outside of it captures what gets displaced in the midst of that. That's how it works. That is how it works for the people who want to FUD XRP. It's not like the dollar. It's not tied to any government. Oh well, they can claw back. No, they can't. The XRPL was built with a technology, a dual technology, where yeah, a stablecoin can live on there, but also the native coin XRP can live on there, and they cannot claw back your XRP. Let me— I don't— and some people may not understand how this works. Let me say this again, because some people just, you know, somebody said, why are you lying to the people about XRP? Okay. Let me explain, let me explain one more time, okay, so that you can get it, all right? For where other people come on here and they say what XRP gonna do and all this other stuff, you better not listen to these people because they're gonna be sadly mistaken when this is all over. You know how, like, I don't know if y'all kids ever play Fortnite or whatever, you know how like Fortnite has, um, say I'm late but never better than ever, I love it. Um, and we'll talk about DNA protocol too because I know a lot of people are talking about that. The beauty of blockchain. Yes indeed. You know how like Fortnite has V-Bucks? My— I don't play Fortnite, but my kids kind of tell me about it or whatever. But anyway, like, let's say you in Fortnite, you have V-Bucks and you buy real money with real dollars and you get these V-Bucks, okay, to spend inside the game after you actually buy them with real money, right? But in reality, Epic Games control those V-Bucks completely, even though you got them with real money. So they can freeze your account even though you spent the money. They can freeze your account. They can change how much things cost, okay, without you even realizing it. They can shut the whole thing down tomorrow if they want, and you don't have a say. So now imagine Apple does the same thing but with real money. So you put your dollars in Apple Wallet and Apple gives you Apple dollars to spend anywhere. And it sounds really convenient, but Apple had to buy government debt to back those Apple dollars. So now you are indirectly holding government debt without even knowing it. And then Apple can come and freeze your wallet, right? The government can come and tell Apple, hey, shut your account down. And You're still inside someone else's system while this is happening. Now again, let's talk about XRP. XRP in that scenario is like owning the actual gold that the whole game runs on. Let's, let's imagine that, right? Not the V-Bucks, not the Apple dollars. I'm talking about the actual thing underneath all of it that nobody controls and nobody can print more of. So when Apple dollars and government dollars keep losing value because they keep making more of them, the gold that sits outside the system automatically becomes worth more of those dollars. And it's not because gold has changed by any means, but it's just because the dollar— the dollar's chasing is getting weaker. Okay, it got weaker, it got weaker. So you're either going to own the ruler or you're going to own the thing being measured. That's it. That's the whole game. One or the other. Which one you gonna hold, the ruler or the thing being measured? It's just like that. And I believe this, Joe, it's the bridge, okay? And I don't think a lot of— thank you so much, I appreciate that. Um, thanks so much, Wick. I'm trying to help you guys to understand. Thank you so much, Lisa. I got my XRP shirt on today. Uh, my kids have me broke with V-Bucks, right? They banned them V-Bucks. Don't know, like, you're inside of a system. Even though you bought it with your own money, you really still don't— like, even though you bought it with your money, you really don't own the V-Bucks. They could change the game tomorrow. They could change how much something— you know, you could have bought, you know, $100 on V-Bucks, and then the next day what you can put inside of that system is worth a lot less. You can't change that. That's the same system, okay? So, um, you know, I— and I'll continue to talk about this because even as we see oil spiking, I don't think, again, people are ready for what it's going to do. I don't think people are, are understanding, you know. That's why I tell y'all, you know, you want to hold on to something that changes its, uh, its measurement, you know, day to day, that you know— you see what direction this is headed in. If you see what direction this is headed in it'll help you to become more clear on where you need to hold those dollars. Like, even for some people— and again, I am, uh, I have sell points and sell limits and stuff in a respectable, uh, logical, smart way— but you got to recognize that, do you really want to sell all of your assets for something that's depreciating and, and being devalued at, at the rate that it is, um, because of the they're gonna, you know, print more money or have it— however it's gonna work out, it doesn't matter. It's all the same outcome, right? So like, are you, are you really— are you for what? You know what I'm saying? You're, you're, you're basically— you're selling it into something that's going to be almost like replaced and, and gonna be the form of measurement at some point, right? So, and remember, if you are not protecting taxes also, because I know— and yes, like I said, yes, reasonably. You know, there are people— you're not— you, you take profit and you do the right thing with it. Hopefully you don't go spend it on something, some liability or whatever. But if you— a lot of people still aren't even hedging their taxes and stuff. You know, you, you're gonna get to the point where you done held something that went up in a dollar-denominated tax, uh, system, and then the gains are gonna get measured in dollars. And so the taxes get paid in dollars. And so you sell a scarce appreciating asset to pay a tax bill denominated in a measuring stick that caused the appreciation in the first place. Not good, everyone. Hedge yourselves. Now, me personally, I solved that problem by allocating a portion of my asset in a tax-free account through iTrust Capital inside a Roth IRA, right? Even if it's a portion. Every dollar of appreciation on every asset that I hold in that account stays completely mine. The mechanism, the system, the engine runs. My assets benefit as the system runs, and the government cannot get a cut. I like that. And, um, and say, I don't think it'll drop much more. And the link is in the description. $100 funding bonus, uh, when you fund your account. Um, somebody said, I don't say I'm okay for now unless it drops more. Yeah, some people are like, I got enough of it until it drops. And somebody said, I don't, um, think it'll drop much more. I have limit orders, um, set down at low levels, uh, still, and I'm hoping that it'll drop some more. But we're at the bottom. We've always— we've been forming the bottom, right? It doesn't matter. So my— the drop that I'm looking for is not a structural drop. I don't think it will structurally drop. Okay, so I'll get to the Super Chat. I don't think it'll structurally drop. I think it's forming the bottom, but you got to remember that anything can wick down. Anything can wick down. So, um, I do have limit orders and stuff, but anything can wick down and come back up. That doesn't mean it's a structural drop. We can see the accumulation at these, uh, levels, right? So, um, yeah, like, I, I hope that it wicks down or it at least makes a double bottom. We'll see. But I don't— I, I keep telling you guys, I DCA. That's my, that's my main thing is DCA. And I buy all the time. Like, I, I don't care if it go up to $1.35, I still buy. I don't care. I don't even know where it's at right now. I just buy, um, because this accumulation state— this is an accumulation stage. Like, so I got my bigger orders, um, at lower prices, but I just buy. Uh, let's see where it's at. Okay, it's at $1.34. Like that, that it doesn't stop me from buying, um, because I know I don't want to hold on to too many dollars, okay? So I've been buying more silver and gold as well, a lot of silver, okay? A lot of silver. I don't want to hold on. Like, I mean, it's one thing to have your, um, your stash for when the, you know, stock market drop or whatever opportunities and stuff. It's an— it's one thing to have your emergency fund and stuff like that. But you also— cash flow is important. You also gotta get some skills that can pay the bills, like something that brings in cash flow. So this, this system is more than just like— I mean, you can't really invest if you don't have money, if you don't have cash coming in. So if you don't, if you don't have cash money, you got— that's, that's the first part. Like, you, you ain't gonna be able to invest if you don't have no cash coming in, right? So, uh, Ashley, I thank you so much, Ashley. I appreciate the Super Chat. I've Just recently learned all about crypto. I feel I got in just in time. Yes, I love that. I so appreciate you. You explain things in a simple way. Thank you. Thank you so much. I appreciate this as well. This is a very kind comment, and thank you so much for sowing into this channel. I wish you much success, and I am ecstatic that you got in on time because— and I've been telling people for a long time, man, this is an opportunity of a lifetime. And a little bit goes a long way, right? A little bit goes a long way. Say, we are all here to help one another and not be greedy. That's right. Like, we're all learning, growing, and, and I want you guys to— thank you guys, um, for the comment on my shirt. Got my XRP gear on. Um, and, uh, we're all here learning and growing, and, um, and, and hopefully you guys are doing right by Ah, yes. Thank you. Hey, this is my favorite right here. I promise you. Um, this— I didn't even know you were on here. Thank you so much. Um, Uncle Larry is here in the house. And listen, I know a lot of you guys already follow him, but if you're on here and you do not, you better do it. Okay? Because he is the man that is going to help you to understand all things market, how to become an investor, how to win. For some reason, he just, he got the juice. He got, he knows what the market is doing, what, what to invest in. And listen, I've been following you too on some of those, uh, um, the, the boat plays that you've been doing. I've been following you on anything you buy. I'm, I'm in, I mean, I'm in and out when you say you out too. And then, but I'm so long-term minded that I'm just accumulating as well, so accumulating at the same time. Uh, but we love Larry Jones. We love Larry Jones. So make sure you guys, if you're not, uh, subscribed to his page, you better go and get subscribed because he's gonna help you, uh, with all things on stock market, becoming an investor, making money, learning to, uh, increase your skill set on trading, right? Option plays. Um, there's a lot of options out there, and the, the reality is that you really need options at this point. I mean, the world is not getting easier. The more options you have, the more skills you have that's the way to go. And of course, a tax-free vehicle, like he said, is the way. So make sure you are maxing out your Roth. And you know what? I'm so happy that, um, you mentioned that because I also want to remind you guys that April 15th— it's the 8th, so you have like 7 days left. You have exactly a week left to finish funding 2025. Okay, make sure you finish funding 2025. From last year. I think the max is like $7,000. I think it went up for if you're over 50 years old, I think it was like $8,000 if I'm not mistaken. It's a little bit more, but 2026 they went up to $7,500. So make sure that you get your tax-free account funded. Thank you so much, uh, Stock Up Larry. Um, investing in a tax-free vehicle is the way. Yes, and it is the way. And, and I'm happy, like I said, I'm happy you said that. 7 days, y'all got 7 days, and then we're rolling over into 2026, maxing out for 2026. Okay, so make sure you guys are funding your Roth IRA. I don't care what nobody say. And it— and you might want to consider, like, I know some people make too much, uh, earned income. You may want to consider a backdoor, um, Roth. Okay, so where you can, you know, pay the taxes now and invest it in, in an account, especially while the market is down and while there's some time that you can buy, you know, being able to DCA. Um, so there— the opportunity is there. The opportunity is there. Thank you so much. Love you so much. Love you so much. I appreciate you. I'm always honored when you come on here. And, you know, um, I— you guys know how much I love him. And this is my— this is the— this is the man that I follow, um, for all of my investment invite— advice. So he is the standard, okay? He just kind of knows how— I, I don't— you know, and I see, you know, I see the crew They always following you. They're like, what you saying? What you, what, what you got? What, what do you, what are you invested in? So I, I follow, I follow his guidance on that and make some really, really good money, right? Yes. Uh, he's, he's a great, great, great teacher. Okay. Um, so thank you guys. You, you guys are awesome. Argentina, what's up in the house? Uh, we still hold XRP. Yes. Yes. I mean, why would you sell in a bear market? Okay. Um, especially if we're hitting the bottom and I'll be, I'll be loading up, man. If Bitcoin come, come down, I'll be getting some more Bitcoin too. I'll be getting, I'll be getting a few things. Um, XLM, I already got limit orders in, you guys, so I don't even have to think about it. I just DCA and I participate. I feel like you should participate in the market, okay? Um, and then buy a lot more when it drops, and especially if it's in a recession, buy a whole lot more and have some cash flow on the side. And if you don't have no cash flow, then you got to get some skills. You got to figure out how to get some cash flow, okay? So that's— you got to go back to the, to the basics at that point, right? Learn some AI, sell a product, you know, lend your gift, add value. Don't chase money, chase value. If you learn how to add value to people, I promise you money will follow. I promise you, right? So, uh, been built— I got you. All right, so, um, I just wanted to come on here, love on you guys, and help you guys to understand what is happening. Uh, watch the signals. Watch the signals. We all— it's all going to end up in the same direction. And at the end of the day, if you own assets, you will win. And especially assets that, um, are— hold real value, okay? Um, businesses. You, you are— you already know where this is headed. You already know where the money is headed, where it's going to flow into, okay? And so I say be prepared, but I also want you to understand that we have so much volatility ahead And volatility creates the best opportunity. I promise you it do. The people usually in these type of crisis are the ones that get— that have the most opportunity. COVID, you know, 2021, 2022, 2008— the best opportunities are birthed during, during crisis. So if the— you know, it's all about perspective, okay? It's all about perspective. All right, um, All right, I'm seeing a little stuff in the, in, in the, in the chats, but I just wanted to make sure I wasn't missing anything. What do I think about Quant? I like Quant. I like it. I like it. Um, interoperability, I think it's a beast. I think it's going to do very well. It, it's not— there's nothing like it. Um, it, you know, think about having all of these technologies being able to communicate with each other. I think something just happened, uh, I can't remember if it was PayPal go to Venmo, or Venmo go to PayPal. I don't, I don't remember, but apparently now you can move money straight from those different, um, technologies, right? And so, or those different platforms. So just imagine, like, you're gonna need Quant in order for these technologies to communicate with each other. And so it's kind of like nothing is competitive, it's in its own, like, sphere. So I like Quant. I have Quant inside of my Roth IRA too. So I do, um, I think it's going to do very well. Um, I, you know, AVAX, uh, may do well. I, you know, I— and I have a little AVAX, um, and ALGO, but it's not— it's not like, um, it's not in my top, uh, 5. I would say it's not in my top 5. And the re— and it doesn't mean I don't like it. Everybody has their own portfolio. I really like, um, fast settlement infrastructure, you know. And of course, y'all know I like Quant, I like SHX, um, and, uh, I love— so I, I'm— I love Solana, um, I don't think Solana is in my top though, but I like it, uh, just because of the institutional adoption. Uh, ETH, I like ETH. And why? Not because it ain't slow. It's, it's, it's, um, you know, it's slow, but people are still building on top of ETH smart contracts, and it has major institutional adoption, and you can stake it and make money. That's another reason why I like Solana is because you can already make passive income off of them. So I like that. I like the idea that you that there are some, you know, uh, technologies where you can get passive income. I like that, um, but it's not my top. HBAR is in my top 3. So I love HBAR. Institutional adoption is, is going to do very well. My top 3 is XRP, XLM, and HBAR for now. Okay, so, and they are fast settlement infrastructure. Well, you know, XLM is for retail, XRP is for institutions. I'm not saying one of them is better than the other. Personally, I like them for different reasons, and I don't think you should be all over the place with your, um, with your investments because you really want to hold conviction in them because that's what makes you hold through the volatility. And it's hard to hold conviction if you're not like being educated around them. And honestly, I don't have time to be educated around 20 different assets. So it doesn't mean that something else won't do absolutely amazing. It just means right now there was a time where I, you know, I would hold different ones and see which one you know, it's gonna stick and all of that. But I can't— I don't want to do that anymore. I'm sold on the utility coins that I know, I believe in, I'm educated on. I strengthen my conviction. I continue to follow, you know, uh, what is happening, um, at institutional, uh, levels. And I, you know, and I'm so— I'm, I'm a little bit more hyper-focused at this point. And, um, and y'all know I love commodities, so I love silver and gold. I, I think I like silver a little bit more than gold for a few reasons. Uh, but, um, yeah, ZBEC is making an announcement at XRP Vegas. All right, I, I love it, I love it. So, um, yeah, yeah, Solana is my top. AVAX will pump with gaming. Yeah, yeah, I think they'll do well. I, I do, I really do. Um, so, and again, you can stake Solana again, and with iTrust Capital as well, you can also, um, stake, uh, ETH and Solana already. So you can be making— if you own them, you can make passive income um, whether it's in your Roth IRA, your premium account. Um, also, I forgot to tell you, the link is always in the description for Stock Up University as well. So if you— that's an educational, um, program if you want to learn about the stock market, the cycles. Uh, it is one of the greatest— I always tell you guys, um, educational platforms that I've ever gone through. I've gone through it more than once. Uh, so didn't— thank you so much, Dwayne, I appreciate this. Um, didn't Franklin Templeton, uh, Templeton Just joined the XRP Army behind the scenes. I also figured out— oh good, I'm so happy you figured out Kraken. Um, when you say join XRP Army behind the scenes, I mean they, they have their ETF, so I believe so. I believe so. Um, they're all in, they're all in. If you follow, you know, somebody the other day just bought $20 million worth of XRP. All right, I'm like You, you see these large numbers all the time, like, and I'm thinking if somebody bought $20 million worth of XRP, they have to have a lot of money, okay? They're not just gonna throw $20 million if they only got $40 million, all right? That's half their net worth, right? So imagine how much money they probably have. But people are throwing a lot of money in XRP. They're positioning themselves. They want it, they want it low so they can keep positioning it. It— but you know what, the one thing that hurts my heart is how manipulated this market is. It is so manipulated, but I believe the manipulation is going to eventually end. Something's going to crack, just like silver is manipulated, right? Silver has been suppressed for years, but suddenly there are some things that are going to happen, and I think it's going to move this market in the right place. Uh, I also want you guys to know, um, that the link, uh, for also my coaching is in the description if you want a personal plan built around your exact situation right now— your assets, your structure, your cash flow, your timeline, your psychological framework— because because that is included, um, then that's exactly what my community does and the clarity calls are designed to do. Also, the clarity calls are being so booked, uh, after April I will be raising the price. So the link is in the description for that. Make sure you like the video, subscribe if you have not already, and share this with someone, um, who needs to hear and who needs to learn about how money moves. I really want you guys to continue to be educated. I'm learning every day. It's all a learning journey and there are things happening faster than I can learn. So much stuff happening in the world, and I will be back on to— yeah, buy the rumor, sell the news. Some people are also selling into this strength, um, with the market. Some people are selling, um, and some people are selling into the strength, and then some people are, um, buying, uh, DCAing, um, at certain levels when it drops long term. Okay, so it's easy when it's long term, like when it drops a little bit and you Okay, buy a little Microsoft or whatever, and you're looking out, you know, 5, 10 years, 15 years from now. That's, that's so easy to do. So get your game plan together. If you don't have a game plan, then you need to go ahead and start thinking about a game plan and, um, be a little bit more proactive. Okay, because this isn't— where we are in our economy, it's not going anywhere. It's all about preparation, and those who prepare the best and who position the best are the ones that are going to succeed in this wealth transfer. I'll be back on Saturday to rock with you guys, and I'm gonna have some great information. I already think I know what I'm going to talk about, so you do not want to miss it. So make sure that you are back on Saturday with me. And then of course, for my members, you know I'll be rocking with you guys Monday, so don't miss out. Join my membership if you have not already. Uh, look at the, uh, the video and just hit that join button if you haven't already. And again, like and subscribe on your way out. I appreciate you guys. I love you guys so much. And as always, I want you to stay wise, stay wealthy, and I'll see you in the next video. Peace out.