Hey Satsmate Stackers, 

In our society, we are at a point where rate cuts will help the rich and end up further hurting the poor. In the short term, it may provide a sigh of relief to the poor and middle class, but the asset prices of the rich will continue to melt up, further exacerbating wealth inequality. In today's podcast, I discuss the upcoming interest rate cuts and what they will do to the economy: 

• Over $7 trillion in capital in Money markets will soon need to find a new home with interest rates coming down
• The intention of cutting rates is to loosen monetary conditions, and risk of recession
  • Looking back at previous rate cuts, typically, the economy wasn’t in great shape
• People parroting rate cuts over the past 6-9 months have no clue
• Just because something is too good for you doesn’t mean it's good for you
• Inflation risk of cutting rates
• Bubble risk of cutting rates
  • Malinvestments, running things hot
• Long end of curve is unable to be controlled, 10-year ticking up
• Who wins with rate cuts? People who hold assets
  • They sell it to the debtors, but they get left further behind
• Further exacerbation of wealth inequality, things get worse for the majority of Americans
• Bubbles may feel great in the short term, but in the long term, many get burned and hurt
• We must go through hard now and work towards sustainable growth in the future
• Everyone crying for rate cuts will get the opposite of what they want, just like everyone crying for stimmies
• Future inflation relief stimmies coming your way by midterms
• We need to stand up for hard money, freedom, and free market capitalism 
• We can’t keep perpetuating this system that grows the poor and hollows out  the middle class 

If 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 Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary 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/HTFKVY9L

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Financial 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 invest

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