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 downThe intention of cutting rates is to loosen monetary conditions, and risk of recessionLooking back at previous rate cuts, typically, the economy wasn’t in great shapePeople parroting rate cuts over the past 6-9 months have no clueJust because something is too good for you doesn’t mean it's good for youInflation risk of cutting ratesBubble risk of cutting ratesMalinvestments, running things hotLong end of curve is unable to be controlled, 10-year ticking upWho wins with rate cuts? People who hold assetsThey sell it to the debtors, but they get left further behindFurther exacerbation of wealth inequality, things get worse for the majority of AmericansBubbles may feel great in the short term, but in the long term, many get burned and hurtWe must go through hard now and work towards sustainable growth in the futureEveryone crying for rate cuts will get the opposite of what they want, just like everyone crying for stimmiesFuture inflation relief stimmies coming your way by midtermsWe 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 StackReferral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMatePrimary 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/HTFKVY9Lhttps://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzjFinancial 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 investSend us a textSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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