$750 Billion Set to Surge into Markets: The Fed's Next Move Explained!

Mark Moss
15 Aug 202418:14

Summary

TLDRThis video script discusses the impact of the Treasury General Account (TGA) on asset prices amidst economic uncertainties. It highlights the potential for a significant liquidity injection into the economy through the TGA, especially during debt ceiling showdowns. The script suggests that such injections could lead to a rise in asset prices, including Bitcoin, tech stocks, and real estate, despite the broader economic implications. The presenter advises viewers to monitor these developments closely over the next 9 to 12 months for potential investment opportunities.

Takeaways

  • πŸ“‰ The script discusses the fear among investors due to market crashes, upcoming elections, and potential wars, suggesting that many economic indicators are signaling a recession.
  • πŸ“Š It highlights that while economic indicators can show the direction of the economy, they may not accurately predict asset prices, which are better indicated by liquidity levels.
  • πŸ’° The importance of the Treasury General Account (TGA) is emphasized as the government's bank account, which influences liquidity when it accumulates or releases funds.
  • πŸ“ˆ The script suggests that the TGA levels are currently high, which is typically bad for liquidity, but the government's future actions could inject significant funds into the economy.
  • πŸ€” The reliability of government forecasts is questioned, as they are often incorrect and later revised, which could impact understanding of future liquidity.
  • πŸ’‘ The concept of 'Extraordinary Measures' is introduced, where the government uses the TGA to fund operations during debt ceiling debates, potentially leading to increased liquidity.
  • πŸ—“οΈ Historical patterns show that during debt ceiling showdowns, the TGA is often drawn down to around $100 billion, which could happen again in the upcoming 2025 debt ceiling debate.
  • πŸ’Έ The potential for a massive liquidity increase is highlighted, suggesting that around $750 billion could be injected into the economy, similar to the 2008 TARP program.
  • πŸš€ The script predicts that this liquidity increase could lead to a rise in asset prices, including Bitcoin, tech stocks, and real estate, despite potential negative impacts on the overall economy.
  • πŸ”’ A cautionary note is given about the security of Bitcoin, recommending that individuals secure their own assets rather than relying on exchanges.
  • πŸ‘€ The video encourages viewers to keep an eye on the economic situation over the next 9 to 12 months, anticipating significant changes due to the potential liquidity injection.

Q & A

  • What is the main concern of investors mentioned in the video script?

    -The main concern of investors mentioned in the video script is the fear of an imminent market crash due to various factors such as economic indicators, yield curve inversion, weakening unemployment, slowing home sales, and potential political and military events.

  • What economic indicator is discussed as a signal for asset prices movement?

    -The Treasury General Account (TGA) is discussed as the best indicator for asset prices movement, as it reflects the liquidity in the system which directly affects asset prices.

  • What is the Treasury General Account (TGA) and why is it significant?

    -The Treasury General Account (TGA) is the U.S. government's bank account where it keeps its funds. It is significant because changes in the TGA balance can influence the liquidity in the economy, which in turn affects asset prices.

  • How does the level of the TGA account affect the economy?

    -When the TGA account is high, it indicates that money is being taken out of the market, reducing liquidity, which can be negative for the economy. Conversely, when the TGA is low or being drained, it is akin to injecting money into the economy, which can increase liquidity and potentially boost asset prices.

  • What is the expected change in the TGA account level by the end of Q3 2024 according to the government's estimates?

    -According to the government's estimates, the TGA account is expected to increase to about 850 billion by the end of Q3 2024.

  • What does the video suggest about the accuracy of government forecasts for the TGA account?

    -The video suggests that the government's forecasts for the TGA account are often inaccurate, as they have historically been revised after being proven wrong.

  • What is the 'debt ceiling showdown' mentioned in the script?

    -The 'debt ceiling showdown' refers to the political debate and negotiations that occur when the U.S. government approaches its borrowing limit and needs to decide whether to raise it to continue funding government operations.

  • What measures does the government take when it cannot agree on raising the debt ceiling?

    -When the government cannot agree on raising the debt ceiling, it takes 'extraordinary measures' which may include using the TGA account to fund the gap where they cannot get new debt.

  • How does the video script relate the TGA account to the potential increase in asset prices?

    -The script suggests that if the TGA account is drained and the funds are injected directly into the economy, it could lead to an increase in asset prices, as it did during the 2008 financial crisis with the TARP program.

  • What advice does the video give regarding Bitcoin and exchange security?

    -The video advises viewers not to trust their Bitcoin on exchanges and to secure it themselves using hardware devices like Trezor, which keep private keys safe and make the process of managing cryptocurrencies easier and more secure.

  • What is the potential impact of the TGA account changes on the U.S. economy and asset prices according to the video?

    -According to the video, changes in the TGA account can have a significant impact on the U.S. economy and asset prices. If the TGA is drained and the money is injected into the economy, it could lead to increased liquidity, which may result in higher asset prices, although it could also diminish the purchasing power of dollars.

Outlines

00:00

πŸ“‰ Economic Fears and Asset Price Indicators

This paragraph discusses the current economic climate marked by market crashes, upcoming elections, and potential wars, which have led to widespread fear among investors. It highlights various economic indicators such as yield curve inversion, unemployment, and slowing home sales, suggesting an imminent recession. However, the focus shifts to the importance of asset prices, which these indicators do not necessarily reflect. The best indicator for asset prices is currently positive, and the video promises to analyze the event in 2024 that will most impact these prices, contrasting the common fear-mongering narratives.

05:01

πŸ’° The Role of Treasury General Account (TGA) in Liquidity

The second paragraph delves into the concept of liquidity and its impact on asset prices. It introduces the Treasury General Account (TGA), the U.S. government's primary bank account, and its role in affecting market liquidity. When the TGA is high, it indicates less money circulating in the economy, which can negatively affect asset prices. Historical patterns of the TGA, especially during tax seasons, are examined, along with the government's estimates for the TGA levels in 2024. The paragraph also discusses the mechanics of how the TGA influences the economy, drawing parallels to deficit spending and quantitative easing.

10:03

πŸ›οΈ Debt Ceiling Showdown and its Impact on the TGA

This paragraph explores the historical context of the U.S. government's debt ceiling debates and their effects on the TGA. It explains that during these debates, the government often resorts to 'extraordinary measures,' using the TGA to fund the gap created by the lack of new debt. The paragraph presents a chart illustrating the TGA's fluctuations during previous debt ceiling showdowns and speculates on the potential impact of the upcoming 2025 event. It emphasizes the importance of understanding the TGA's drawdown levels and the potential for significant liquidity injection into the economy.

15:05

πŸ’Ή Projected Liquidity Injection and its Effect on Asset Prices

The final paragraph projects a substantial liquidity increase due to the potential drawdown of the TGA during the 2025 debt ceiling debate. It suggests that this could result in a significant injection of funds into the economy, surpassing the 2008 TARP program's $700 billion. The speaker anticipates that this influx of liquidity could lead to a rise in asset prices across various sectors, including Bitcoin, tech stocks, and real estate. However, they caution that while asset prices may rise, the overall economic health may not necessarily improve, and the increase in money supply could diminish the purchasing power of the dollar.

Mindmap

Keywords

πŸ’‘Market Crash

A market crash refers to a sudden and dramatic drop in stock prices, often indicating a broader economic downturn. In the video, the speaker mentions the fear of an imminent market crash due to various economic indicators and global events, setting a tone of uncertainty and concern for asset prices.

πŸ’‘Economic Indicators

Economic indicators are statistics that inform about economic activity and health. The script references yield curve inversion, weakening unemployment, and slowing home sales as indicators suggesting a potential recession, which are crucial for understanding the broader economic context discussed in the video.

πŸ’‘Asset Prices

Asset prices represent the value of financial instruments or real assets in the market. The video emphasizes that while economic indicators predict the economy's direction, asset prices may not follow suit, highlighting the complexity of market behavior.

πŸ’‘Liquidity

Liquidity refers to the ease with which assets can be bought or sold in the market without affecting their prices. The script discusses how liquidity levels impact asset prices, with higher liquidity typically leading to higher prices and vice versa.

πŸ’‘Treasury General Account (TGA)

The Treasury General Account (TGA) is the account held at the Federal Reserve where the U.S. government's funds are kept. The video explains the TGA's role in affecting market liquidity, with changes in its balance having direct implications for the money supply in the economy.

πŸ’‘Debt Ceiling

The debt ceiling is the legal limit on the amount of national debt the U.S. government can carry. The script discusses the 'debt ceiling showdown,' a political event where the potential for raising this limit leads to debates and can affect government spending and economic policy.

πŸ’‘Extraordinary Measures

Extraordinary Measures refer to the tactics used by the government to continue funding operations when the debt ceiling is reached. In the video, it is mentioned that the government may use the TGA to fund the gap created by the inability to issue more debt during such periods.

πŸ’‘Quantitative Easing (QE)

Quantitative easing is a monetary policy where a central bank creates new money to buy government bonds or other securities to inject liquidity into the economy. The script contrasts this with the direct injection of money into the economy through TGA draining, suggesting different impacts on market liquidity.

πŸ’‘Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, the purchasing power of currency is falling. The video suggests that injecting money into the economy, as might happen with TGA draining, could be inflationary.

πŸ’‘Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. The speaker advises viewers to secure their Bitcoin, indicating a concern for the stability of digital assets in times of economic uncertainty.

πŸ’‘Asset Allocation

Asset allocation is the process of distributing investments across different asset classes to optimize returns and manage risk. The video implies that understanding the impact of TGA levels on liquidity is crucial for strategic asset allocation, especially in the context of potential economic shifts.

Highlights

Investors are anticipating a significant market crash due to recent market crashes, upcoming elections, and potential wars.

Economic indicators such as yield curve inversion, weakening unemployment, and slowing home sales suggest an imminent recession.

While economic indicators can predict economic trends, they are less effective at predicting asset prices.

The Treasury General Account (TGA) is a key indicator for asset prices, representing the government's bank account at the Federal Reserve.

The TGA's current flatline level, around $770 billion, is unusual and may indicate future market movements.

The mechanics of the TGA affect market liquidity; a full TGA indicates less money available for the market, while a draining TGA suggests an injection of funds into the economy.

Government estimates for TGA levels by the end of Q3 2024 and Q4 2024 may not be accurate, based on historical revisions.

Draining the TGA is akin to deficit spending or quantitative easing, injecting fresh money into the economy.

The process of draining the TGA can increase household net worth, leading to more spending and potentially higher asset prices.

Banks with more reserves can loan out more money, increasing liquidity in the system when the TGA is drained.

The Debt Ceiling Showdown is a significant event that can impact the TGA and, consequently, market liquidity.

During the Debt Ceiling Showdown, the government may use the TGA to fund the gap created by the lack of debt availability.

Historical patterns show that the TGA is often drawn down to about $100 billion during debt ceiling debates.

The potential injection of $750 billion into the economy could have a significant impact on asset prices, similar to the TARP program in 2008.

The upcoming debt ceiling debate in 2025 may follow historical patterns, leading to a decrease in the TGA and an increase in market liquidity.

The increase in liquidity could lead to a rise in asset prices, but may also diminish the purchasing power of dollars.

The video suggests keeping an eye on market movements over the next 9 to 12 months due to potential significant liquidity changes.

Transcripts

play00:00

with the recent crash in markets and the

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coming election and potential Wars many

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investors are really scared they're

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expecting a big market crash to come any

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day and of course it's no wonder we have

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many economic indicators like the yield

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curve inversion weakening unemployment

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we have slowing home sales and they're

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all showing us that recession is

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imminent but while those might be really

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good indicators of where the economy is

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going they're not good at showing where

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asset prices are going and the best

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indicator for that is right now flashing

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a giant green arrow well at least you

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know what you're looking for so in this

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video I'm going to break down the event

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that's coming this year in 2024 that's

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going to have the biggest impact on

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asset prices and no it's not the

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election right I'm going to show you the

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prices I'm going to show you the levels

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I'm going to show you what's expected to

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happen but we're going to look at the

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data we're going to look at the facts of

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other previous Cycles like the one

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that's setting up right now now once you

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see this data and you understand its

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impact on asset prices markets you're

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can to have a completely different view

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uh than you know all the Talking Heads

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that are pedaling Their Fear for you so

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let's

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go all right so jumping right in we are

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going to look at the money it's always

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about the money right so we're going to

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look at the money and as we I talk about

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all the time now liquidity so liquidity

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when there's more money in the system

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more liquidity in the system then prices

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tend to go up and when there's less

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liquidity then prices tend to go down

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now it's very simple but it's it's not

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it's not that easy to understand all the

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millions of reasons why pricing go up or

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down but let's look at a giant one right

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now and this is the United States

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government's piggy bank sort of like

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this a little bit different than you

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have when you're a kid now of course the

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government sort of like a business has

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income right taxes and they have

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expenses that they spend and they keep

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the difference their money their piggy

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bank and they keep it in the bank not

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Wells Fargo JP Morgan not City Bank they

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keep it at the Federal Reserve of course

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all right and this is known as the TGA

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or what we called the treasury general

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account right now a lot of people don't

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know what the TGA is it's the

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government's bank account okay and what

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we can see is that uh there's a lot of

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money sitting in that bank account but

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the important piece that we're going to

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break down is how much money is there

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how has that money been used in the past

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what have we seen through other types of

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cycles and what do we expect is going to

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happen based off of the information

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they've given us and what's historical

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now I do want to just give a quick shout

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out here uh to Thomas uh Thomas right

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sees great tweet uh threads over on

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Twitter and so I've taken some of the

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charts from his Twitter thread we'll

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link to it down below in the description

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if if you want to read the entire uh

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thread that he put together is pretty

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good but just real quickly uh you can go

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on to prettyy much anywhere trading view

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or whatever this is from the FED

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directly and you can look at the

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treasury general account now it did get

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really high in 2020 like everything else

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did right so you can see we sort of have

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this Baseline around here this was this

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2020 anomaly now these red arrows that I

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put on the screen here here is uh tax

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time this is April of 20 uh 22 or 21

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April 22 April 23 and you can see that

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there's these spikes every year right

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when we get the when the taxes come in

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uh but what we can see right now is that

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this level has pretty much been Flatline

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here which is sort of rare you can see

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it's usually pretty volatile right

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coming in from taxes spending down up

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from taxes spending down and we've had

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this pretty flat area there's about

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$770 billion little less than a trillion

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we might see some of the Peaks about

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$770 billion in that now one thing to

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understand is the mechanics of how this

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works when the treasury TGA when the

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treasury account is full cash is out of

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the market it's on the sidelines it's uh

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it's dormant as I said right so it's

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like money in the bank it can be spent

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whenever they want to spend it but it's

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not actively incentivizing uh spending

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at that time now if we look at the TGA

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treasury general account levels we can

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start to get a sort of better idea of

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where things are at now and more

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importantly where they might go

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historically now typically you might

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think that as the TGA account is rising

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as there's more money piling into that

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account that's typically bad for

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liquidity levels so uh you know tax time

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as I showed you how it starts to spike

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around tax time well it has to go from

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my account my personal account my

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business account or yours to the

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government and that means that I now

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have less money to invest into my

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business or to spend for my family or

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whatever it is and so that money is

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being sucked out of of the economy and

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it's going to the government I like to

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say that the government cannot give

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something that it has not taken the

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government doesn't create all it does is

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redistribute so it's literally taking it

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away from you and I productive members

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of society and it goes into their

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account so that is typically bad it's

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sucking liquidity out when we see TGA is

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draining then that is good for liquidity

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that means that now the TGA that the

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government is now pushing the money back

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onto Main Street because remember the

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government redistributes they take it

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from me you from my business and then

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they give it to whoever they want so

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they're taking it sucking out giving it

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back pushing it back so that would be

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good good for liquidity anyway all right

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now uh what we can see is the TGA the

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government estimates where they expect

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their bank account levels to be so they

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said that by the end of Q3 2024 they

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expected to have about 850 billion which

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is it's about 770 billion right now so

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they expect the TGA to go up between now

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and the end of Q3 which is pretty

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interesting because we don't have any

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you know big tax dates coming up and

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they expect by the end of Q4 so by the

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end of this year to be at about 700

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billion which is a little bit lower than

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we're at today now this estimate is

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completely wrong just like every other

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estimate the government puts out the

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treasury also puts out their borrowing

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requirements every quarter and uh yeah

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they're wrong every single one they have

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to go back and revise them when no one's

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paying attention all the economic data

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the BLS puts out it's it's always wrong

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they go back and revise that and these

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numbers are way off and we're going to

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take a look at that and why that's

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important now just to kind of put this

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into perspective with a chart that you

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can see again this goes back to the T

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TGA account and so we're right here at

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this blue dot and they're expecting that

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the end of Q3 were here a little bit

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higher and by Q4 we're here a little bit

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lower so we're going to stay right in

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this range apparently according to them

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now you can just look back here that has

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not been the case we have not been in a

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range at all that long but uh that's

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that's where they say we're at now to

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get an idea of how this works the TGA

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account Works let's just break this down

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U this is from macro Alf and he says

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right here why does draining the TGA

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matter that much for markets and the US

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economy so when the TGA is high it's bad

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for markets when the TJ is low or

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drained it's good so why why does it

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matter for markets in the economy and he

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says because draining the TGA taking the

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money and pushing it back into the

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market is akin to throwing fresh money

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at the economy just dumping money into

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the economy similar to deficit spending

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which we've been doing a lot of that as

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well so deficit spending as well as TGA

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spending and also adding new liquidity

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to the interbank system similar to QE or

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quantitative easing so this whole time

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no we're tightening we're tightening no

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quantitative easing well maybe

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technically but there's lots of ways

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that we get liquidity into the system so

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how does it work well he goes on to say

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it's sort of like this onew punch so

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step one is the government drains down

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its TGA at the Fed so right now 770

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billion they could drain that money down

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hence lowering its Equity position but

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then injecting this fresh new money into

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the real economy like this is the most

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inflationary can be uh you know analysts

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will argue that QE isn't really

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inflationary because it doesn't really

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get money into the actual Market or I'm

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sorry to the economy QE just gives money

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to the banks but the banks don't

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necessarily put into the economy

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supposedly that's a whole another topic

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for another video but but here it's

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literally injecting this fresh money

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directly into the economy that's what

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the government does the economy equals

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households net worth goes up household

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net worth goes up people have more money

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to spend step number two households now

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have more money that's good in the form

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of bank deposits which end up back into

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the banking system so if you get money

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where do you put it of course you put it

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into the bank and hence Banks also sit

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on a larger amount of reserves so now

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the banks take the deposits they have

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more reserves what do banks do when they

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have more res reserves well how they're

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able to loan out even more money which

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means even more liquidity in the system

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the fed's balance sheet squares with

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less TGA perfectly offset by a higher

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amount of reserves so now you can see

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how powerful this monetary mechanic

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combination is so when they drain the

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TGA it's literally throwing money

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directly into it but they're saying that

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they're not going to drain it they're

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saying by the end it's actually going to

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go up and by the end of the year it's

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going to be about even that's what they

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say but uh should we take them at their

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word or should we understand this a

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little bit more we just saw the markets

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go into a tail spin and panic when Japan

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raised rates and this thing called a

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carry trade started to unwind now

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doesn't really matter about that but

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what we did see was brokerage accounts

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were frozen and we saw people unable to

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withdraw their Bitcoin from their

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exchanges now that was a warning but the

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reality of that happening is real and so

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don't trust your Bitcoin on an exchange

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secure it yourself secure it properly

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now I know it can seem overwhelming but

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if you use a device like this it can be

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very easy this is a treasure Hardware

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keeps your private key secure and when

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you want to use it you plug it into your

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you unplug it and put it back into your

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it out there's a link down below okay so

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if we take the historical V view now I

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want to go back in history to understand

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where we're going in the future but I do

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want to just let you know I don't really

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care about the end of Q3 I don't really

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care about the end of Q4 typically I'm

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looking at least a year out most of my

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stuff I'm looking three five or 10 years

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out but let's just take a look at where

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we'll be in 2025 all right so that's

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sort of what I've been talking about a

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lot with my qwave thesis this

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quantitative uh leap that we're taking

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forward right now is really through the

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end of 2025 so right now we're looking

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at that

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and in if we want to know where we're at

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in 2025 we have to see well what's going

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to happen before we get there and

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there's a really big event coming up

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that you might have heard of before and

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this is the debt sealing Showdown uh the

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government gets together and says we

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need more debt of course we do because

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we can't afford the debt we have so we

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need more debt President Biden was on

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the news saying well we need to have

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more debt because uh the US has never

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defaulted and if we don't get more debt

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how do we pay the old

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debt sort of like the definition of a

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Ponzi scheme so the debt sealing

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Showdown comes and they argue over if

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we're going to raise it or not uh both

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sides grand stand about not wanting to

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spend more there's some concessions made

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and every single time it's been raised

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now there has been sometimes where it's

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got very close we've seen some credit

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downgrades because of this but this is

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basically what happens and in this event

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it almost always seems to happen it will

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probably happen this year before the

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election is that the they can't come to

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an agreement and so what happens is uh

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without passing an agreement then

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there's no more debt available there's

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no no no more funding available for the

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government so what happens in that event

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well don't worry the government has a

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piggy bank called the TGA during that

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time they will do what they call

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Extraordinary Measures and they'll use

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the government bank account the TGA to

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actually fund that Gap where they can't

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get the debt ceiling this happens most

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of the time now we can see this in this

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chart right here here's the TGA account

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again and what we have right here in

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this first dotted line is where the debt

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ceiling Showdown begins this is where

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they start fighting and we can see they

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start spending down the TGA account down

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down down down down right here this line

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right here is where an agreement is

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finally reached now this time frame is

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about 140 days now we fast forward the

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TJ gets replenished kind of has this

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sideways action and this dotted line

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right here is where they start fighting

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about the debt ceiling again we're not

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going to raise it we need to raise it

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Etc and then they start spending down

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the G until they finally make a deal

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right here about another 140 days now it

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went up here it goes up it starts

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walking sideways and this dotted line

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right here is guess what where the next

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debt ceiling Showdown is going to begin

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now what's interesting is this is

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January of

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2025 now they predict that the TGA will

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be higher by the end of the year so

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maybe it'll be somewhere in this range

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but when the debt ceiling debate or uh

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start happening what do you think

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happens based off of this most likely it

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starts trending down let me show you

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another chart this is a little bit

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different of a historical lens again

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thanks to Thomas I'm stealing his charts

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we got these off of Twitter I'm going to

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link to his full thread down below uh

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what we can see here is when this

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happened you can see it dropping right

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here and each time we got to about 100

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billion same level and so it's important

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to understand what happened in this

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mechanics right here but it's also

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important to understand the sort of

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empty level that they draw down to

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because if we want to know where we end

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up here what level will we be at about

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100 billion now 100 billion how much did

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they say would be in there by the end of

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the

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year now we can do some math all right

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now I also want to show you for

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historical purposes that this is where

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the government said we would end up so

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again we have these dotted lines where

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the debt ceiling debates started here's

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where it ended up now what's important

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is this is where we ended up however

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what the treasury had forecasted where

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we end up was right

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here same thing here we get to here they

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forecast we would be here but we ended

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up down here now they're forecasting

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we're going to be here but where do you

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think we're going to be well if history

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is our guide we're going to be right

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here in this range the same thing now

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why does all this matter well it matters

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because we need to figure out where

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we're going in the form of liquidity and

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the first thing we have to kind of

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figure out is where do we go what are

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the lawmakers going to do now we have to

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remember as I said take into

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consideration that we're also in an

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election year so this is going to make

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this even more volatile meaning um you

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know is it going to be Republicans Or

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democrats are going to take over the

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presidency who's going to retain the

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Senate the house I would imagine there's

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going to be even more Grand standing

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than we normally see fighting over

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budgets different parts of the budgets

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and so if anything this could probably

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exacerbate the situation it could

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probably make the treasury fund it for

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longer than they typically have and if

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so then they will have to continue to

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inject the money so the question is how

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much will they have to inject we know

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that they're here now we know that they

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say they might build it up a little bit

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and the question is how far will they

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drain it down well back to the math if

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we're typically down to about a 100

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billion each time and we have about 800

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B billion 850 billion they draw it down

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to 100 that means there's about 750

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billion that could get injected directly

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into the economy for you and I to spend

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so what does that mean well if we have

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750 billion injected not into the banks

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like QE I'm talking about being injected

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directly into the economy directly into

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stimulus into building programs into

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more welfare things like that it goes

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directly to the economy now to put this

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into perspective just to kind of

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normalize ourselves because these

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numbers get so out of whack in 2008

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during the great financial crash where

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the entire Global Financial system not

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just the US Global Financial system was

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melting down at the same time the FED

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stepped into action to save the world

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and at the time it was 700 billion that

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was spent in this tarp program to do

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that 700 billion this is more than that

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and is most likely coming our way in the

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next couple of months so again what

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happens if we see this it takes about as

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we saw history it's about a 140-day

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process of shoveling this money in 750

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going directly to Main Street what do

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you think is going to happen well I put

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some arrows here this is asset prices

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now look this is good and bad right I'm

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not saying the economy is going to be

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fixed by this now a lot of people that

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are losing their jobs a lot of

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businesses that might suffer they're

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going to get some help right they'll get

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stimulus that will be coming their way

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so it's good for them overall it's bad

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for the economy but for asset prices

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Bitcoin tech stocks real estate I expect

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all this to go back up now not

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everything moves up at the same time and

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we do have to keep in mind that as more

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money is created and as more money is

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injected in the system it just

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diminishes the purchasing power of those

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dollars so just because assets are going

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up doesn't necessarily mean you're

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getting richer so for example as I break

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this down in the investing black hole

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the S&P 500 is basically just keeping

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your nose above water just barely uh but

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there's certain assets that will go up

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one times five times nine times what

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this liquidity will do um I broke it all

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down in this other video called the

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investing black hole I'm not going to go

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through it right now but if you want to

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watch the investing black hole video I'm

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going to put it right up here for you go

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watch that video because it's really the

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only place that you should be investing

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but this is what I'm expecting I'm

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expecting a massive liquidity increase

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so don't get tricked don't get faked out

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over the next month or two the next

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quarter or two keep your eye on the next

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uh I don't know 9 months 12 months cuz

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cuz it's going to be a wild ride let me

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know what you think about this video in

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the comments down below of course as

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always give me a thumbs up if you like

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it if you don't give me a thumbs down

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that's okay either way at least tell me

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what you think in the comments subscribe

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if you're not already subscribed and

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that's what I got all right to your

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success I'm out

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Related Tags
Economic IndicatorsMarket AnalysisLiquidity ImpactTGA InsightsAsset PricesDebt CeilingElection ImpactFinancial ForecastInvestment StrategyEconomic Cycles