Trump's Economic Advisers Say No Interest Rate Spikes Anytime Soon as Bitcoin Shines in the Shadows

A strong pro BTC debate which was once restricted to developing countries has hit home as the Trump administration transfers a huge accumulation of debt onto Gen Z with monetary policies that are self serving.

On Thursday 11th of April 2019, Trumps economic adviser, Larry Kudlow, made a bold statement that we “wouldn't see another rate hike in his lifetime” which solidified the relevance of crypto as a means of achieving financial independence.

Larry, who is an economist and over 70 years old, has perfect Federal Healthcare benefits, so he either is confident that the president will control the Federal reserve in his next tenure by proxy, or he is not just optimistic about his future. His claims are odd either way.

The real reason for his claims are quite obvious, he is trying to keep the stock market as pumped up as possible, so as to keep his job by achieving ‘Trump 2020’.

Larry Kudlow’s economic plan needs a very weak dollar, in order to keep foreign investors financing the huge debt this administration made by the tax reform.

Global Bitcoin Growth

The corruption and mismanagement which festers in a lot of governments and Central banks, has been a strong proof for the support of Bitcoin. This has been more pronounced in nations like Venezuela and Zimbabwe where abuse of power is very common. The first world is not exempt, as terrible monetary policies are also in place.

Bitcoin which is deflationary digital asset, tends to be a natural life saver for people who have experienced hyperinflation, but in developed nations, where there are strong means of digital exchange, it is still an idea that is debated.

The fact that damage may not always be seen immediately is ignored during such debates.

Effects of Limited Term Governance

One of the problems of limited term governance is that the elected officials don't look at the long term. If you are born in Gen Z, and resident in the United States, your tax burdens increase every month as you watch helplessly.

This is the only means by which years of carelessness can be undone, the recent tax cuts by the Trump administration added the finishing touch.

Need for Financial Independence

Now that Trump’s Yes men are all in the white house, the only way to secure the financial future seems to be Bitcoin.

There has always been a need for financial independence, but it has become a necessity.

The debt incurred by two recessions has been pushed forward, but one definitely has to pay for it.

The World's Trust in Bitcoin

USD still remains the world's reserve currency, because of its liquidity, and of course it's stability. On the other hand, crypto is not liquid, so for now the public has little trust in it, But this trust increases with every attack on Federal Reserve by the White House, or any addition to the unpaid debt already incurred.

This shows that Bitcoin is definitely bullish.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer

Coin Market Cap Price Change 24 Hour Volume
BTC $229.86B $12,926.0979 5.33% $22.38B
ETH $35.88B $336.4239 1.91% $6.79B
XRP $19.67B $0.4622 -3.04% $1.48B
BCH $8.58B $480.1699 -2.33% $1.03B
LTC $8.1B $129.7456 -4.79% $1.79B
EOS $6.17B $6.6955 -7.93% $2.06B
BNB $4.92B $34.8325 -4.44% $306.8M
BSV $3.91B $218.7846 -9.27% $360.32M
USDT $3.53B $0.9881 -0.92% $17.78B
ADA $2.51B $0.0969 -2.96% $251.42M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.