π΄ Bank of Japan Rescues the Markets … For Now – Ep 973
Peter returns to his Puerto Rico studio after an extended vacation. He discusses recent market volatility, including movements in stocks, Japanβs market crash, and cryptocurrency fluctuations.
Peter critiques the Fed’s decision not to cut rates, arguing that delaying cuts only worsens economic pain. He predicts future rate cuts and quantitative easing, and shares insights on gold and mining stock investments.
Additionally, Peter analyzes the political landscape, focusing on Kamala Harris’s VP pick, and criticizes new UK laws limiting free speech. Peter also advocates for tax reforms and spending cuts to address the deficits.
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Timestamps:
00:00 Introduction and Studio Update
01:08 Market Volatility and Fed’s Response
03:03 Global Market Reactions
07:39 Cryptocurrency Crash
08:49 Market Recovery and Predictions
18:29 Bank of Japan’s Influence
23:59 Gold and Silver Investment Opportunities
28:36 Political Landscape and Election Insights
31:13 Loyalty of Jewish Voters to the Democratic Party
32:47 Trump’s Tax Proposals: No Taxes on Tips
34:54 Debate on Minimum Wage and Tips
37:00 Social Security Taxation Issues
43:01 UK’s Crackdown on Free Speech
45:35 The Importance of Free Speech
50:53 Government Corruption and Free Speech
58:16 Conclusion and Final Thoughts
#bank #japan #bitcoin
29 Comments
Totally agree with you regarding BTC. I trade Crypto but don't have the guts to hold it for the long term. It's highly volatile and even more after ETFs.
Peter, the largest population states with Jewish folks are not swing states. Appealing to the Jewish population is not beneficial to the Democrats like trying to appeal to the muslim population of Michigan, for example.
The first black female president!
thumbnail is Peter schooling someone at the saloon up the road
Shapiro has a scandalous case before the U.S. Supreme Court. It was the best to swerve it.
The irony is that S.S could be set up like Obamacare, for every old rich person that doesnβt get S.S, allows one young person to start investing a portion to get that compounding wealth affect.
The left is inclusive by excluding people
It is not only the UK where you do not have free speech Germany too. But hey what about the US? It looks like what happened with Julian Assange and now with Scott Ritter your freedom of speech/press is at risk too. If you do not move you do not feel the chain.
Peter,
I would have liked you to talk more about the Yen carry trade and its impact on markets.
Basically, with expectation of higher interest rates at home in Japan the Japanese consumer and their major funds brought the Yen home. One of their favourite Yen carry trades is the Aussie dollar and that led to $A dropping from 110 to circa 90 against the Yen and only stabilised after the Japanese Fed announcement of no more increases.
Maybe you could talk more about the Yen carry trade next time.
How is being upset about a genocide "anti-Semetism" again?
Peter I would love to hear your view on the Israel/Palestine conflict in more depth. You seem to have a very biased view on the issue. Do you believe what the State of Israel is doing is right?
Every single appointed member of bidens cabinet is a Jew except Lloyd Austin and youβre complaining that the vice president isnβt one too?
Peter! You're more Greek than Jewish… you're a 21st century Plato in your philosophy! β€ππ
The poor didnβt pay into the ss system. Less pay in less pay out. The system is broke. Then u pay in how much u get out how much. Donβt allow claims over the amount that they put in.
The UK has to wait for FIVE years to get rid of the new commie regime!
Peter, youβve mentioned it several times in the past, but could you record an episode on the 16th Amendment pertaining to the apportionment of taxes, direct/indirect taxes, please???
Thank you, Peter!
Once all the Bitcoin from exchanges will be bought up and distributed, you will have the most stable asset
I'm looking forward to more podcasts, thanks Peter!
The messiah of economics peter schiff
Well the Jews seem to hate the Palestinians and are acting on it
Here we go, even Schiff is on the βtax the rich β bandwagon. We all know how that goes – the rich always ends up being defined as upper middle class.
Peter, all Orthodox and Hasidic communities are Republican. Weβve always voted Republican on moral issues.
Wait? Tips are counted as income… what the heck! THEY ARE GIFTS!!!!
Are your children going to Nicoβs school?
VOLUME
Narcissism at its finest.
Can barely hear the podcast but those ads will blow your eardrums out.
Peter for presidential advisor
The enthonarcissism creeping into this show about economics will likely be the reason I stop listening. 32:12