A simple and straightforward understanding of Trump's 'Big and Beautiful Act' and its impact on asset prices and cryptocurrencies:
- Due to this act, there will be an additional $5.5 trillion deficit over the next decade.
- Because of this act, the total federal debt will soar from the current $30 trillion to $50 trillion.
Government spending, in any form, will become a source that drives up asset prices.
The recent Big and Beautiful Act and the stablecoin legislation will have an impact comparable to Trump's rise to power last year; a bull market is coming!