Fiscal Tradeoffs: ACA Cuts and War Costs

Bitcoin fell below $70,000, down 4.3% in the past 24 hours, as oil and gas prices spiked following strikes on energy facilities in the Middle East, renewing inflation fears and sparking a risk-off sentiment in the market.

~This episode is sponsored by BTCC~
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00:00 Intro
00:10 Sponsor: BTCC
00:30 Iran ready to end war?
00:45 Market reacts
01:30 Gas hits $4
01:45 Off ramp?
03:50 Iran issues warning
04:00 Stocks crumbling
04:30 Mahamed El-Erian: Demand destruction
06:10 Hiring rate: Lowest in 5 years
06:50 Fed outlook on energy crisis
08:00 David Rosenberg: Fed hike could raise recession risk
09:30 Oil surge
10:30 Gold held in banks
11:15 Eyeing ACA subsidy cuts
11:30 $1.5T more we can cut from
12:30 Senate race countdown

~Crisis Hits Crypto📉Gas Hits $4⛽~
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