![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, July 11, 2019 8:47:09 AM
The 'experts' were only calling for a recession because of where we were in the economic cycle. By rights, we *should* have been heading down. However, what they failed to take into account was the fact that the growth we had experienced the last administration after the recession was due to a huge taxpayer-paid government pump. Therefore, it was bought and paid for, pick winners and losers type of pseudo growth that cost us big time on the debt. Raising rates after our debt had just DOUBLED was always a bad idea.
Since TCJA, we have record revenues. Those revenues could be higher if we lowered rates. It's quite amazing we've gotten the stellar growth we have gotten with 8 increases in a couple of years! There is no inflationary pressure. We didn't need to raise rates to combat that. It wasn't there.
Lower rates would make our economy even stronger and our debt interest payments lower. The best way to tackle our trade problems is when we have a strong economy. We do now, but it could be even stronger with lowered rates.
That's why.
As to how it impacts BTC, IMO not enough people are in yet to make it the alternative investment or store of value it eventually will be. Right now, it's just for the speculators and players. That will change. We get closer everyday. But for now, what happens with the rest of the economy or rates has relatively little impact.
Recent GBTC News
- Grayscale Bitcoin Mini Trust (Ticker: BTC) Begins Trading on NYSE Arca as Grayscale Investments’® Newest Bitcoin ETP • GlobeNewswire Inc. • 07/31/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 01:14:57 PM
- Grayscale Investments® Provides Update Regarding Upcoming Corporate Action for Grayscale Bitcoin Trust (Ticker: GBTC) Shareholders • GlobeNewswire Inc. • 07/29/2024 09:20:03 PM
- Form PRER14C - Information statements • Edgar (US Regulatory) • 07/27/2024 01:37:59 AM
- Bitcoin Conference Boosts Market; X Removes Crypto Emojis, Jersey City Eyes Bitcoin Investment • IH Market News • 07/26/2024 07:54:17 PM
- Ferrari Expands Payment Options in Europe; Bitcoin Conference Sparks Hesitation; $107M Inflows into Ether ETFs • IH Market News • 07/24/2024 08:35:54 PM
- Grayscale Ethereum Mini Trust (Ticker: ETH) and Grayscale Ethereum Trust (Ticker: ETHE) Begin Trading on NYSE Arca as Spot Ethereum ETPs • GlobeNewswire Inc. • 07/23/2024 10:00:00 AM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 07/23/2024 01:35:44 AM
- Crypto Market Rebounds; Telegram to Launch Mini App Store and Browser, Leadership Shakeup at Messari, and More • IH Market News • 07/19/2024 07:04:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 01:04:58 PM
- Grayscale Investments® Announces Record Date and Distribution Date for Grayscale Bitcoin Trust (Ticker: GBTC) Shareholders • GlobeNewswire Inc. • 07/19/2024 01:00:00 PM
- Grayscale Investments® Provides Update Related to Upcoming Corporate Action for Grayscale Ethereum Trust (Ticker: ETHE) Shareholders • GlobeNewswire Inc. • 07/17/2024 06:43:27 PM
- Grayscale Investments® Launches New Decentralized AI Fund • GlobeNewswire Inc. • 07/17/2024 01:30:20 PM
- Bitfarms Calls Shareholder Meeting, Iris Energy Volatility, XRP Gains, FIL Declines • IH Market News • 07/12/2024 07:26:57 PM
- SEC Closes Paxos Investigation, Trump Joins Bitcoin Conference, Ether ETFs Anticipation Soars • IH Market News • 07/11/2024 07:23:29 PM
- NEAR Achieves New Milestones, TIA Faces Market Volatility, Block Unveils Advanced Mining Chips • IH Market News • 07/10/2024 07:47:39 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 07/09/2024 08:59:29 PM
- Grayscale Investments® Announces Record Date and Ex-Distribution Date for Grayscale Ethereum Trust (Ticker: ETHE) Shareholders • GlobeNewswire Inc. • 07/08/2024 08:30:40 PM
- German Government Sells More BTC, Celo Launches Layer 2 Dango Testnet, Binance Delists Four Altcoins • IH Market News • 07/08/2024 07:25:28 PM
- Grayscale® Digital Large Cap Fund, Grayscale® DeFi Fund, and Grayscale® Smart Contract Platform Ex-Ethereum Fund Announce Rebalancing of Funds for Second Quarter 2024 • GlobeNewswire Inc. • 07/05/2024 08:15:30 PM
- BTC Falls Amid Market Pressure, Bittensor Suspends Operations, Consensys Enhances MetaMask Security • IH Market News • 07/03/2024 04:49:45 PM
- Bitcoin ETFs Draw Investments in June, Electoral Impact on BTC • IH Market News • 07/02/2024 07:45:31 PM
- BTC Price Struggles at $60K, Jesse Powell Supports Trump with Donation, Phantom Wallet Fake App Warning • IH Market News • 06/28/2024 07:06:55 PM
- CleanSpark Acquires GRIID, Marathon Digital Mines Kaspa, VanEck Proposes Solana ETF • IH Market News • 06/27/2024 07:45:08 PM
- PancakeSwap Launches AI Prediction Market; Worldcoin and Alchemy Unveil New Blockchain, and More Crypto News • IH Market News • 06/26/2024 06:48:25 PM
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • ELMGF • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM