In this video, I discuss how to protect your savings and wealth from central banks.
Central banks like the Federal Reserve, the Bank of Japan (BOJ), the Bank of England (BOE), and the European Central Bank (ECB) like to print new money and use it to buy things like bonds to add to their balance sheets. This policy tool, also known as quantitative easing (QE), hurts the purchasing power of the local currency and thus penalizes hard-working people and savers.
There are various market hedges (stocks, gold, Bitcoin) that one can purchase to help to hedge against this loss of purchasing power, but only Bitcoin has provided a full hedge over the past 10 years. Not even gold has been able to do that.
Raoul Pal believes that Bitcoin may be the only asset worth holding for the long-term. In his tweet, he confirms that he is already "irresponsibly long" Bitcoin.
Not investment advice! Consult a financial adviser.
Raoul Pal biography:
https://en.everybodywiki.com/Raoul_PalRaoul Pal on Bitcoin as the best hedge:
https://twitter.com/RaoulGMI/status/1291442867462955008Bitcoin price targets:
https://www.youtube.com/watch?v=BxFKsVyUNPgWatch the Fed's balance sheet grow:
https://fred.stlouisfed.org/series/WALCLMatthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/joinUse this secret coupon code to get a discount: YT99
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Disclaimer
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https://www.youtube.com/watch?v=vH6hR6laUTo