6.15 BTC Is A Generational Wealth

Opportunity or Scam?

Source: Pexels

The other day I read the following tweet:

Powell will announce this Wednesday that he will raise interest rates once again. For those of you who have been reading us for a long time, you will know that we have been saying for several months that inflation was not transitory and that there were three approaches by the FED:

• Raise interest rates as never before and generate a recession.
• Do nothing and wait for inflation to get out of control, as in Europe.
• Continue to print and drive inflation out of control and increase the recession, but perhaps Powell would no longer be in power at that point.

Cleverly, the former has been decided. This decision has sent markets plunging more than 20% from highs and, in the case of cryptocurrencies, more than 70% from highs.

Many people are saying the Fed could raise rates by up to 100bps, which would be one of the biggest hikes in history. Regardless of what happens, the markets are discounting many…