Cryptocurrency: Providing The World Of Needed Liquidity
We are in a USD liquidity crunch. There are not enough dollars in the US economy and not enough Eurodollars in the global economy. This is a situation we had since the GFC. Because of this, growth is slowing because there is a lack of efficiency in the economy. This is something that we saw start decades ago.
In this video I discuss how the introduction of USD, especially to the tune of trillions, will lead to greater liquidity, thus allow for acclerated growth. It is something that is vital and only shows how cryptocurrency can become a major force going forward.
▶️ 3Speak
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I totally agree with you boss
The Evergrande situation is really bad but there is just way too many dollars needed. Just wondering is the reverse repo operations enough to build enough liquidity? I know it's at least generating money overnight.
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That wont help because that is still locking liquidity into the banking/financial system. Right now, there are so many USD In the US banking system it is mind-blowing.
It is a situation that started more than a decade ago and is now coming to a head. We still have time but I believe cyrptocurrency is going to have to make up for the shortcomings.
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Inspiring as usual , thanks for dedicating the time to teach us !
I totally agree with you too, cryptocurrencies is providing proper liquidity and proper money distribution.
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Makes up for a short-fall in the global USD liquidity crisis which only seems to keep growing.
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Wow! I really had no idea that this was an issue. Great to learn that crypto could help us out
Summary:
In this video, the speaker discusses the critical role of cryptocurrencies in providing liquidity to the global economy, especially in light of the challenges faced by the traditional financial system. He talks about the importance of maintaining sufficient liquidity, the impact of the current liquidity crisis, and the potential of cryptocurrencies to address these issues. The speaker emphasizes the need for stablecoins and the role of Bitcoin as collateral in filling the liquidity gap. He also touches on the technological advancements like autonomous vehicles and their impact on the economy. Overall, the speaker advocates for the adoption of cryptocurrencies to address the shortcomings of the existing financial system.
Detailed Article:
The video primarily focuses on the significance of cryptocurrency in supplying liquidity to the global economy. The speaker delves into the implications of the dwindling growth rates worldwide, attributing it to the declining euro dollar, especially after the financial crisis of 2008. He stresses the importance of maintaining adequate liquidity for international trade to function efficiently and highlights the dependence on the US dollar for global transactions and debt settlements.
The speaker contends that the current liquidity crisis, exacerbated by fiscal stimulus measures and quantitative easing, is leading to wealth inequality and economic tightening. He explains how the traditional banking system, which primarily caters to established entities and industries, is failing to provide the necessary liquidity for growth and innovation. This gap, he argues, can be filled by the adoption of cryptocurrencies such as stablecoins and Bitcoin.
Furthermore, the speaker discusses the role of technology in shaping the future economy, pointing out the advancements in autonomous vehicles, robotics, and AI. He predicts that areas experiencing labor shortages will witness a surge in capital investment for research and development, ultimately driving innovation and growth.
The speaker also touches on the challenges faced by China due to its dollarized economy and the need for cryptocurrencies to alleviate such economic constraints. He underlines the importance of understanding the basics of liquidity and the shortcomings of the current financial system to facilitate the transition towards a more efficient and inclusive monetary framework.
In conclusion, the speaker advocates for embracing cryptocurrencies to overcome the limitations of the traditional financial system and to foster economic growth and innovation globally. The article provides insights into the speaker's perspective on the role of cryptocurrencies in addressing liquidity challenges and shaping future economic landscapes.