Topics: News Commentary, News
**Simply Bitcoin** (0:00)
This is bad, really bad. Global bond markets are on fire. We're witnessing a global selloff. And the only solution will be a big print. Feels imminent, says Lawrence Lepard. Imminent. How about it's happening? Breaking. Global broad money supply surged 10.7 trillion year over year in June to a record 150 trillion.
Since 2000, global money supply has risen 124 trillion, a 6.9% compounded annual growth rate. Since 2020 alone, money supply has surged 50 trillion or above 50% equivalent to an average increase of about 7.5 trillion per year. Global money creation is expanding at a historic pace. Where's our little bond buyer? There he is. Get out of the attic and get down here. Tell us how we can grow our way out of it.
Seriously, do something, Scotty. We're tired of winning. Bitcoin crashed below 77k and wiped out nearly 100 million in 60 minutes after strikes between the US and Iran resumed. Bitcoin as of this recording was sitting around 76,607 cut bucks and we have growing evidence. That Ray Dalio may be right when he says the US debt crisis may be entering its final stages.
But what does that mean? I'll tell you what it means. It means your savings are in danger and not just in the EU from Ursula. What if I told you that the FDIC on November 9th, 2022 admitted there will be bail ends and that they didn't want to scare the public with the truth? Your savings is on the verge of being stolen or debased no matter where you are. Even if your stash is in the British Virgin Islands, what's coming our way is terrifying. We can see it all playing out. But make no mistake, it's insanely bullish for Bitcoin. If you think you're late to the party, you better think again because Weimar beckons. And so does $500,000 Bitcoin. We've got a massive show today. And by the end, you're going to understand what's coming our way, why your savings could be at risk, and why Bitcoin is set to dominate. We got a lot to get to.
So do!
**SPEAKER_2** (2:34)
We'll be looking at, it could be anyone who does business with the IRGC. We are tracking down the IRGC's assets. And I will say it on World Wide TV, just so you know, we know where in the British Virgin Islands your accounts are at these trust companies. We know the hundred million dollar houses you have around the world, and we are going to freeze those. We are going to, our partners, we are going to close all of that down. So we are going to go after the regime's legitimate assets that they have stolen from the Iranian people, and those can go back to the Iranian people, or they can go to the victims of terror, like the families of the soldiers who are on the USS Cole or in the Lebanese barracks. But we will stop this regime's ability to have a nuclear weapon, to have their current highly enriched uranium, to project terrorist power through their proxy networks, and to terrorize the Gulf.
So after 47 years, it is over.
And we are telling people either you are with us or against us. And everyone says to me, well, what about China? I said, we have more in common with the Chinese on Iran than we disagree with on.
**Simply Bitcoin** (3:57)
Either you're with us or against us, which means do what we say or we'll seize your assets and remove you from the dollar system sanctioned, yada yada. What's interesting about fiat money is you can do what they say and still have your savings seized, frozen or stolen for the, quote, public good. Let's go ahead and check in on Ursula and the EU. And if you think it can't happen here, better tee up Judas Priest because you got another thing coming.
**Ursula von der Leyen** (4:28)
Unfortunately, this sparingly sparingly savings, 10,000 billion euros of savings of mining, is still on bank deposits today. And a large part of the European savings is invested outside our continent.
Europe must now put it at the service of these companies. And that is the purpose of the Union of Sparing Investments. We have put the proposals on the table, on the titling, on the investments of banks and insurances, on the integration of our markets and their supervision. Together, they can free up to 470 billion euros of additional investments.
**Simply Bitcoin** (5:23)
That's insane, right? Well, when I saw this clip, it immediately triggered a flashback to a clip from 2022 It was called the FDIC meeting that blew up the internet. And I think we did a show on this then, but here is a little clip from that meeting.
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