IGNORE U.S.Treasury "Emergency Meeting": The Money Printing DEATH SPIRAL JUST Started... | EP 1576

**Opti** (0:02)
Everyone is focused on the US. Treasury's emergency meeting today, but they did something far more important only hours ago that is going to have a huge impact on Bitcoin. The US. Treasury is now saying that they may use the $1 trillion in the Treasury general account to bail out the bond market. Gold and Bitcoin have already started rallying aggressively last week and continuing into this week.
And this clip I'm about to play for you explains how fast Bitcoin could rip as the debt spiral accelerates. Let's watch it.

**SPEAKER_2** (0:39)
Let's not owe them this debt anymore.

**SPEAKER_3** (0:43)
So the Fed should be raising rates. They just can't because the US is horribly in debt. The US. Treasury on the day we're recording announced they're doubling the buybacks for somebody who's just got into Bitcoin in the last year or two and they don't even, they're still trying to understand Macro. Simply put, what does debt buybacks mean for them?

**SPEAKER_2** (1:04)
It means more liquidity, more units of fiat chasing a finite amount of goods, Bitcoin being one of those goods, number grow up.
This is the road to 2008, the road to what created Bitcoin.
And so that is what you're here for. This is the exact moment why you want to own Bitcoin is when everyone realizes, oh, this government, this US government bond is not worth anything. I can't buy anything real with it. I can't even like trade this market because it's such a manipulated market. I need a real store of value. I need something that really is going to respond positively to a lot more dollars chasing scarce goods. That's Bitcoin. That was a story in 2009 when it was created. That's been the story ever since. Obviously it ebbs and flows with the liquidity cycle. But if you want to talk about it in a cute moment where the world says the Emperor has no close, the largest sovereign debt market in the world, if people are actually worried that yield curve control is coming, the price of Bitcoin is going to be in the hundreds of thousands very quickly.

**Opti** (2:08)
I love some bull posting on a Monday. Got to love it. I mean, actually, I guess being less of a jester and thinking about where we are right now, there is a lot of uncertainty going on in the general macro markets right now. And again, I think we covered this on Thursday when this was announced about the US. Treasury doing debt or bond buybacks. And it looks as if this is a continuing trend. Remember, a couple of weeks ago, I was telling you guys about the Japanese bond markets. We intervened in that or the US. Treasury intervened on the Japanese bond markets by selling euros. Well, now it looks like we are doing the same thing here in the US. And everyone's looking at it. It's basically yield curve control by any other name. And you can see that the US. Treasury is looking at the bond market. We have to protect our bond market. And if you're following the details very closely, we intervened in our bond market. At the very least, announced we are going to intervene in the bond market. The bond yields did cool off a little bit, but we are basically back to the same prices when Scott Bessent announced that we were going to do this. So it hasn't had any effect yet. We will see how this all plays out. But everyone is focused on the Treasury emergency meeting. So that's going to happen in about two hours. But I think 2 p.m. is the state of time. And allegedly, it's going to be about Iranian sanctions, which before I get into kind of the bond buyback angle of this story, there could be a little bit of a Bitcoin connection with this emergency meeting. So here's CNBC Treasury Secretary to announce Iran sanction as Tehran dismisses economic warfare threat. You can see there's going to be a press conference today. Bessent told CNBC that the sanctions we will see will be the toughest in history. Iran dismisses them. There is a couple of interesting quotes here before I keep going. So quote from Scott Bessent. At dawn begins an economic D-Day. The single greatest financial offensive ever marshaled against an adversary, a coordinated economic isolation in the history of the world. And then there's an interesting Trump quote here. This will be the most crushing economic operation ever taken against any country. Now, obviously, if you're a Bitcoiner, if you've been following along Simply Bitcoin in particular, we have mentioned many times on the show that Bitcoin throws a wrench in the traditional sanctions model that nation states use, in particular, the US. And it is interesting the framing of this kind of announcement. Obviously, they might talk about the bond market in this press release that we're going to hear or press conference that we're going to hear in a few hours. But it seems to be completely focused on Iran and trying to cut off the money. As we always say, follow the money. Well, it looks like the US. Treasury and the White House are doing exactly that, except they're doing it a little more aggressively. Not only just follow the money, but try to cut off the money and therefore collapse the Iranian regime. What is interesting here, and there might be a bit of a Bitcoin connection, is the context of what I've been telling you guys and all of the different US. Treasury stories coming out. As I've mentioned since about February of this year, in terms of the Iran War, one of the biggest stories has been Bitcoin's role in what's going on in the Middle East. In particular, what Iran has done and how they have used Bitcoin, and further, the response from the US. Treasury to try to cut that crypto Bitcoin payments, Bitcoin flowing through so that they are, again, unsanctionable so that they can skirt around these economic sanctions. So I'm not going to be surprised if there is, at the very least, crypto mention in this press conference that we're going to see in a couple of hours. Obviously, if you're kind of reading between the lines, it is like a Bitcoin story here. Now, obviously, maybe this is just me being a Bitcoiner with my orange colored lenses, but I'm not going to be surprised if there is Bitcoin or crypto mention in this press conference later. But that's not the real story. That's just kind of what we're going to see. I did hear a lot of people say that this press conference from Scott Bessent was going to be solely focused on the bond market. Now it seems like it's going to be economic D-Day on Iran. So it's going to be very interesting to see what comes out of that press conference later. But that really, I don't think, has the effect that we would like to see on Bitcoin in terms of number go up. Look, I think I saw someone on Rumble say, good morning, Fiat Maxi to me. Hey, price is pumping. It feels good, all right? Hey, don't take away my happiness here because we got a little price action, okay? What we are seeing, and me and Nico were arguing about this, I believe it was Friday. No, actually, I wasn't here Friday, guys. Thursday, Nico was saying, oh, Bitcoin pumping because of the White House Bitcoin meeting or press conference. But I'm like, no, dude, it's what's going on in the Treasury market. It's what Scott Bessent did. That is the reason for Bitcoin pumping. So just to add on top of that, remember, they announced a government bond debt buyback of about $2 billion or sorry, from $2 to $4 billion, which was a just a straight double on the debt buyback kind of system. What we've done in the past, they're like, hey, we've got to double this to protect the bond market later on in the day. And I think by Thursday or sorry, by Friday, the rumors were that it might get as high as $8 billion. Well, now we got a crazy, literally like an insane, insane increase in the potential of money to buy back debt. And this is the latest that we heard this morning. Breaking, US. Treasury is considering using $950 billion general account to help fund its increased purchases of long-term government bonds. Once again, the era of bond market intervention officially began on August 19th. This is the top priority of the Trump administration. So we went from $2 billion debt buyback bond buyback to $4 billion to now close to $8 trillion.