Will Rate Cuts Save or Sink America’s Economy?

Hey Satsmate Stackers, You don't have to look far to see that inflation is starting to heat up, and we are now at a point in the economy where a rate cut is likely to occur in September. With this, we need to ask ourselves: will a rate cut further cause inflation to spiral out of control, or will we start to see the economy recover in a healthy way? Specifically, in this podcast, I go over important topics such as the following: Trump is pushing for rate cuts over the past couple of months, as he wants markets to pumpWhile this can be a short-term sugar high, in the long term, this could cause long-term damage to the U.S. Inflation is well above the target rate of 2% (almost 3%), and unemployment remains pretty low (stated rate of 4.1%) Powell needs to remain strong and not bend under the will of Trump As much as I hate the FED, it needs to remain fully independent of the marketsLong-term erosion of trust in the dollar and wages in our economy will happen if we see cutsYes, the cost of borrowing will go down, but where will the prices of houses go?How about all assets? Stocks, bitcoin, everything will rocketThose without assets will get further divided, separating the rich from the poor even furtherSo many short-term high-preference people are calling for a rate cut, but have we considered where this could lead?Now imagine several rate cuts, paired with money printing, paired with passing of $4T bills, and further cuts on regulationThis market will go parabolic and unhingedBitcoin will protect us from this, but is this best for society?Okay, you could make a bunch of money, but will society be functioning well in a situation like this?We need to assess whether we should give so much power to politicians and the Federal Reserve - and we need to opt into an independent monetary asset - bitcoinIf you like this, feel free to share it, leave a like or comment. Also, check out the links in the description that help support my channel and podcast.Best Regards, SatsMate StackReferral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMatePrimary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.https://use.foldapp.com/r/HTFKVY9Lhttps://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzjFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing. With investing, you risk losing money, always read an investSend us Fan MailSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/