➡ Trump is secretly implementing a 10-year plan to overhaul the global economy, a strategy previously used by the US in 1946. Despite the economy and stock market appearing strong, the real numbers suggest otherwise. This plan, known as financial repression, aims to reduce government debt without defaulting, but it requires a decade to work, which is challenging within the four-year political cycle. The recent political events may have given Trump the opportunity to execute this plan, potentially leading to significant economic growth in the next 18 months.
➡ The article discusses the economic cycle where monetary policy influences asset prices, which in turn affect wealth flows and portfolio positioning. This cycle, once set in motion, becomes predictable. The article also explains the Cantillon effect, where those closest to new money creation benefit the most. It further discusses how financial repression is not an attack on consumers, but a strategy to increase GDP growth. The article concludes by showing evidence of these economic phenomena in various sectors and assets.
➡ The article discusses a shift in financial strategies, with a focus on gold and Bitcoin. It mentions a free live workshop to learn about these strategies. The article also discusses political events and their impact on these strategies. Finally, it talks about the implementation of these strategies, with a focus on Bitcoin and stablecoins.
➡ The article discusses the potential for significant economic growth, similar to the post-WWII period, due to large investments in technology and manufacturing. It suggests that owning assets like Bitcoin, gold, real estate, and equities can preserve and increase your purchasing power, while holding cash or bonds may lead to a loss of purchasing power due to inflation. The author encourages readers to make informed decisions about their financial future, using historical data as a guide.

Trump’s running a secret 10 year plan to reset the entire global economy. And the Treasury Secretary said it on record 13 months ago. But no one seems to be connecting the dots. You see the markets are making all time highs. Wall Street’s calling this a bubble, but they’re using broken models. If you look around, you can see your house is at new all time highs. Stocks are at record highs. The headlines say that you’re winning, but the real numbers say the opposite. Now, the US has only run this play once before, back in 1946. But last week, two events, almost nobody connected, may have just handed Trump the political Runway that no US president has had in over 50 years.

Of course, if it works, the next 18 months unlock the largest growth cycle in half a century. So in this video, I’m going to break it down. I’m going to break down the ten year plan, the besent already announced. I’m going to show you the four steps that are already running. I want to show you why it was just. Why it just became politically unstoppable. And I want to show you three asset classes, classes that win. You ready? Let’s go. All right, so we’re jumping right in. I got a lot of data to get through, I got a lot of charts.

I’m going to show you back on the video wall here in a second. So let’s just jump right in. But I know this claim is really big, right? Like a ten year plan. It’s a ten year playbook. Now, most people see his economic moves and they think they’re improvisation, right? Like he’s sporadic, he doesn’t know what he’s doing. The tariffs, right? The Fed drama, China, volatility, Iran, whatever. But the Treasury Secretary, Scott Besant, he literally said it out loud. He said it 13 months ago. And here’s the quote right here. Scott Besant, October 2024. October 17, 2024 on record.

And he called it the Ten Year Project. He said in the Ten Year Project, he said there’s two patients, the US and China. Okay? Now that’s not how the Treasury Secretary talks about just a whim, right? That’s not improvisation, that’s a strategy. They’re trying to tell you this. Are you paying attention? Now, the bigger piece that’s all coming together, of course we have Scott Bessant over here. The bigger piece is the new Fed chair that just replaced Jerome Powell. I’m talking about Warsh over here. And the thing to understand about Besant and Warsh now working together, head of the Treasury Head of the Fed.

They’ve been working together for years. They have the same school of monetary thinking. Now Warsh is at the Fed, right? The Treasury, Scott Besant. But they’re run by the same team. They’re the same team, they’re from the same room, and they have the exact same playbook. It’s sort of like getting the band back together. Okay, now here’s the structural problem that we’ve had, right? The US President runs on a four year cycle. You can see about every four years the President gets changed over. Yeah, they, they could run two terms, they could run eight years. But the structural problem is that in order to get something big done, it takes a long time time.

In order to get something really big done, it takes even longer. So if you only have four years or maybe at best eight years, how do you change the entire global economy? How do you change the entire global monetary system? How do you change the entire energy structure of the whole world? That’s the problem. And so what we need, the United States needs to get through this is they need to pull out a playbook, one I’ve talked about on this channel all the time. If you don’t, if you don’t subscribe to the channel, go ahead and click that button right now so you hear me talk about this.

I’m talking about something called financial repression. The financial repression is a playbook that brings debt down without having to default. It’s called the liquidation of government debt. Now the problem with running this playbook to bring the debt level down without defaulting is it takes about 10 years to deliver. Now the last time we ran this United States ran this was at the end of World War II, into the 1950s, it took about a decade. So the math doesn’t work in a normal four year political cycle. That’s why no president could do this. That’s why this playbook never gets to finish.

And here’s why, if we take a look, look at this. Incumbents don’t get reelected during downturns, right? They don’t get, they don’t get elected or reelected during high inflation. I mean, just look at the data right here at the 2024 exit polls. The top issue right here was the economy and the jobs by a mile, 40% right here, above immigration, which is a big problem, above abortion, above democracy, all those things. And so we can see that if the economy and inflation is the number one job by a mile, then the political cycle structurally kills the playbook.

And every time it has to start over because no President will or no administration will go through the hard work, will go through the pain of what it takes to actually fix it when they know they’re going to be kicked out. So the question is then how do you run a ten year project in a four year political system? Right, that’s what this video is going to break about. I’m going to break down the 10 year cycle. I’m going to show you the mechanism and I want to show you the proof that it’s already running. And I want to show you the political event that just happened that nobody seems to be connected.

So let’s start with the mechanism. Okay, so the mechanism, this is the part that seemingly everybody seems to skip. Now again, I’ve talked about this quite often. I’m talking about financial repression. That’s the technical name. The IMF, the BIS, they both put out a white paper in 2011, 2015, and again they called the mechanism financial repression. They called it the liquidation of government debt. And it’s pretty simple. Again, I break it down all the time. They hold yields below inflation, so the amount that they pay on bond yields has to be below the rate of inflation.

So that way savers in dollars, people that are investing into bonds and holding doll, they get debased every single year. They liquidate the bondholders, the government debt gets inflated away in real terms. Simple. It’s a 70 year old playbook. They’re bringing it back. Okay, now to understand just how acute the problem is right now, how the US needs to pull back is we can look at this research paper here from Reinhart and Rogoff. And what this basically tells us is of all the nations that they’ve studied, any nation that’s gone past 120% debt to GDP doesn’t return.

The only way to get back down is one of three ways. They can just straight out default on the debt, they can do a currency reset, or they can have high inflation. And so when you look at that number, you can start to understand why things are so critical. Look at this chart right here. Again, I said we haven’t run this since after World War II. And you can see we are at 121% debt to GDP right there. Nine years later, they were able to get it all the way down to about 66% cut in half.

How’d they do that? Well, they didn’t pay it back. They didn’t pay the debt back. There was no austerity program or they didn’t go on a budget. They inflated it down. You see, the Debt to GDP is a ratio. I can either get the debt down or I can bring the GDP up, which is mainly thinking about, you know, productivity, getting the gross domestic product up. But even through inflation, it brings that GDP number up. So they brought it all the way back down, cut it in half. Not by paying it back again. They inflated it.

Now, now, in that cycle, bondholders got absolutely crushed. In real terms, however, asset holders, they came out on the other side of this, very wealthy. All right? That’s what financial repression delivers every single time. When it works. It’s the modern playbook. Now, as we can see, we’re all the way back up to 121%. Again. We’re at the critical level. It’s time to bring it back down. The same wall requires the same playbook. The problem, as I said, is in order to run this playbook, it’s about 10 years of pain, and no president has been able to do that.

All right, now there’s four steps that walk us through this. I want to show you real quickly so you can understand the playbook that we’re going to be running. All right? Four steps that every modern repression cycle has run. It’s the same four moves. Okay? Step number one, of course, is the financial repression yields. What the. What the bonds pay out. Yields are held below inflation. That’s why bonds are the worst investment you can make right now. They’re guaranteed to be liquidated away. All right, so the bond yields are held below inflation. That means that savers are starting to lose ground every year.

Number two, then what we want is hot, nominal growth. When I say hot nominal growth. Not real growth, just nominal growth. Hot because it’s inflation. Now, Capex into industrials, tech growth, energy growth, reshoring the production base, all the things you hear about the Trump administration talking about. Okay, Step number three is then trade is settled in gold. All right? So what we want is the dollar to fall. Fall against gold. We want the dollar to fall against real assets while we still keep the rails. And then step number four. You hear me talk about this quite often, the Cantillon effect.

This is the Cantillon distribution. What this means is that those closest to the new money get the biggest benefit. So gains accrue to asset owners first and those who get the money first. Who gets the money first? Where does money get created? Or the banks create money. How do the banks create money? Oh, by issuing debt. So those that get the money first, new money creation through debt and buy assets, are the ones that win. We can almost just End the video right there. That’s the key thing. But I want you to understand this macro loop, because this is the cycle that we’re on, this macro loop, what we have is that monetary policy drives asset prices.

Asset prices drive wealth flows, wealth flows drive, drive portfolio positioning, and portfolio positioning feeds back into asset prices. And this goes round, and it goes round, and it goes round. And once the regime sets this direction, once they set this flywheel in motion, the flows in this cycle become very predictable. All right, and this is how the gains distribute. Right? The Cantillon playbook. I did the keynote at the Bitcoin conference about a month ago, and I talked about how, as Bitcoiners, we always talk about how unfair to the Cantillon effect is. Those closest to the money, they get it first, get the.

Get the biggest benefit. But I said, instead of thinking about it as punishment, why don’t we run the playbook? That’s exactly what this is. New money enters here at the top. New money enters again how? Through the banking system, through debt issuance. It reaches asset owners first. So we get the new money and we buy real assets, real estate, Bitcoin, whatever it may be, all right? Then it starts to trickle down. And if it pushes asset prices higher, it pushes consumer prices higher. And by the time it gets down to wage earners and savers down here, then everything’s already gotten expensive.

All right? This isn’t a moral claim here, all right? This is. This is mechanical. This is just how it works. The money creates here. By the time it gets down here, all the asset prices are higher and everyone at the bottom loses. Now, this is. This is the same flow, whether you like it or not. There’s a world that I want to create. There’s a world I’m pushing to create. But there’s also the world that we live in today, and this is the world that we live in now. Here’s the part that most people miss. Financial repression.

It isn’t an attack on consumers. It’s not. Yes, it punishes them, but it’s not a purposeful attack. The goal, the reason why they’re running it, is to get nominal gdp, GDP growth up. We have to get GDP growth to outpace the debt growth, okay? That’s how we survive. That’s how we go from 121% debt to GDP, and we get that down without defaulting. That’s the only way. That’s how you rebuild the industrial capacity. That’s how we bring manufacturing back to the United States. That’s how we get the automation, that’s how we get the energy, that’s how we get the data centers, that’s how we get all those things.

That’s how you protect generational wealth. If you own assets, you’re not the victim here, you’re the beneficiary. The mechanism is clear. The 1940s proved that it works. We know that we can run this, but the question is this actually running right now? And I’m going to answer that. I want to show you five receipts from just the last 13 months. All right, let’s start with what’s happening to consumers right now. Receipt number one. We have consumer discretionary stocks as represented by this basket. You in the XLV. All right? Now in this just since January 17th of 2025, the day that this regime locked in, we can see the xly is down 36% when it’s measured in gold, not in US dollars measured in gold.

Now the reason why in gold is because that’s the non manipulated asset. If we just look at dollars, we’re seeing the wrong thing. And so you can see here is down 35% measured in gold. Now the headlines say the stocks are at all time highs and priced in dollars. They are. But when we price them in real money, like gold, we can see that they’re down 35%. We can see that the consumer half of the economy is actually being repressed right now. Okay, that’s step number one of the playbook. Repress the consumer part of the economy and it’s already executing.

All right, receipt number two. This is the same window, this is a different sector, but it’s telling us the same thing. We can see tech is up and industrials are down and discretionary spending is down. And we can see that across the board. The only sectors that are winning are the production base and capex flow. You can see that right here. That’s reshoring, that’s industrial build out. And that’s step two of the playbook running, running right in front of us. We can see it in the data. Okay, receipt number three. This is the long bonds. I’m talking about tlt, a fund that we can measure the bonds in.

And what we can see that it’s flat in dollars, as you can see right here. However, that’s in dollars. If we price it in real money, if we price it in gold, we can see we’re down 40% priced in gold. So what this means is that bondholders, they look at their statement and they go, huh, everything’s fine. But what they don’t realize that in real terms they’re being liquidated and they lost 40%. All right? The repression doesn’t ask permission, it just happens. Now, credit to where credit’s due. One of my friends, Luke Grauman, I’ve had him on the show many times.

He’s the author of the FFTT Forest for the Trees. Great analyst, I love what he puts out and he laid this case out in a newsletter that came out, I believe it was last month. He was one of the few people that’s been talking about this quite often and it’s actually some of the input that I’ve used in this video. Okay, now receipt number four. Your house now, your house right now is at record highs again in dollars. But if we price it in gold, we can see that it’s sitting at an all time low right now.

Priced in gold, it’s lower than it has been in 63 year history. It’s lower than it was in 1980, it’s lower than it was in 2008. Now you feel way richer because you look at Zillow and you see the price has never been higher. But you’re actually losing ground when you measure it in real money. Okay? This is exactly what financial repression looks like. The number you see going up, the nominal number looks like it’s going up. But the wealth that you own, the purchasing power that you own is going down. And nobody’s going to tell you this.

I’m going to tell you what I, what I learned early on in my career. Shout out to Porter Stansberry is he’d always say, I’m going to tell you what I wish I could hear if I was on the other side of the table. And so that’s what I’m telling you. Of course your realtor is not going to tell you this. They don’t want you to know this news. Now receipt number five is the non monetary goal. All right? We saw October and November 2024. We saw the first consecutive months in over 20 years that gold was the number one US export line item.

Look at this right here. Flat, flat, flat, flat, flat, flat, flat. And then boom, it just took off the first time. Number one, export. Not soybeans, not oil, not semiconductors. I’m talking about gold. What does this tell us? It tells us that the US is settling its own trade deficit in physical gold. They’re not reporting this. This is not making mainstream news. But this is what the chart tells us. Okay? That’s step three of the playbook already running. Remember I showed you the four steps and here’s the proof of the concept. We can see that China ran this exact Same playbook from 2014 to 2024.

What we can see during this time is that consumption was depressed. It was suppressed from 49% to 39% of GDP, but investment went up to 41% at the exact same time. They repressed the consumer, just like I’ve been showing you. All right, their own 10 year yield went from 395 right here all the way down to 1.76%. That’s the highest in the SDR basket to the lowest. We saw gold in. Yuan went from 7,000 up to 30,000. All right, what does that tell us? The same thing. They settled trade in gold because they didn’t say that, they didn’t formally announce it.

You have to look at the data to understand that. And again, that’s the fourth step. All steps over a decade and it worked. And the US Is now running the exact same playbook. And this isn’t a forecast. Right? Again, this is the data. It’s already happening right here. And I do want to just shout out real quick here for a second if you want to know how you should run this Cantillon playbook on your own. How do we get closest to the money supply to get the assets to benefit from these four steps? I’m going to have a live workshop.

I’m going to do it all live. I’m going to do it all free. I’m going to break it, break it down. Talking about a wealth operating system. I’ll put a link in the description down below. We’ll put a QR code right here on the screen. Come hang out live. I’m going to show you the Cantillon playbook. I’m going to show you how to build wealth with this. And I’m going to do it live. I’ll answer all your questions. It’s going to be fun. We’ll hang out and it’s all free. Click on that link down below. Click on this QR code screen.

But let’s get back to this part, okay? Because the part that nobody’s talking about now is some people have been talking about we need the financial repression. I’ve been making videos. Some people, not many have been talking about the gold. But what nobody’s talking about is why will the Trump administration be able to do this? Why will they be the first president since World War II to actually run this? How can they run this? Why can they actually run this for 10 years when it couldn’t been run in the last 45. Well, financial repression has been the obvious play for two decades.

Again, I’ve been talking about it, but they haven’t been able to run it because again, if inflation runs hot and the economy goes down, then the president gets ousted. We saw it with President Carter in 1979. We saw inflation run to 13%. Volcker came in. We can see. Volcker came in and crushed it. Reagan won, all right. He won 49 states the next election. Every president since then learned the lesson. If you let CPI inflation, consumer price inflation, if you let it run hot, you lose. All right? That’s the Volcker veto. And we can see that it’s held for 45 years.

They’ve kept it down until, of course, 2021. Now, post Covid, the Fed tolerated up to an 8%. Under Biden, it got to a 9% inflation and they got that to inflate down the COVID debt. Nobody got removed for it. At that time, the Volcker veto cracked. And now last month it’s broken completely. And there’s two events that caused this to happen. And these two events were three weeks apart, both clearing the political Runway to get this done. What am I talking about? Event number one. I’m talking about April 29th of this year, Louisiana versus Calias. Supreme Court decision, a six to three decision.

The Supreme Court ruled the Voting Right act doesn’t require additional minority majority districts. Now this might be a politically charged debate for you, and it’s not about the politics of this, but basically what they did is they redistricted. Said you can’t redistrict based off of race. And so we have to redraw the districts. The Republican drawn maps in Southern states stay in effect and that removes structural 2026 midterm headwind that was supposed to deliver the House to the Democrats. That and now they’re getting sort of wiped out. Event number two, May 20, about three weeks later, we see Trump endorse in primaries across six different states.

Alabama, Georgia, Idaho, Kentucky, Oregon, Pennsylvania. And the result, 37 wins, 0 losses. What this means is they’ve cleared the field of the intraparty dissent. What this means is that the last legislative friction point inside the Republican coalition of losing the midterms seems to be gone. The net effect of what this means is the political constraint that’s blocked aggressive reset moves for 45 years has just dropped twice. Now in three weeks, the threat of the midterms seemingly is gone and Trump can’t get another election anyway. So he’s got the Runway now to do what he needs to do.

What would you do if you knew you couldn’t lose? Well, that’s sort of where he’s at. And here’s what’s already been signed. We have four pillars already in execution right now. All right, so number one, we have the dollar. I’m talking about Trump’s executive order 143-14-2333, which was the strategic bitcoin reserve that was put in place March 6, 2025. It was the first sovereign bitcoin framework that was ever put forward in the world. And of course, the US now holds over 3. The US holds over 328,000 Bitcoin on the federal balance sheet. Okay, that was pillar number one.

Number two, we have stablecoins. So we have all the legislation. The Genius act was signed. That was July 18, 2025. The federal stablecoin framework. We have Tether, we have Circle now operating on rails $. Stablecoins are official, all right, this decade right now. Then we have the crypto rules. I’m talking about the Clarity act, all right, this was passed. The house passed it July 17, 2025. The Senate Banking moved it May 14 this year. The market structure, clarity unlocks all this new flow. And this is the primary muscle right here, right? The 37 to 0 sweep that we just covered.

The four pillars in execution, the reset machinery, it’s already running. This means the political conditions are set. The legislation is already signed. The Fed, the Treasury, they’re all aligned on this. So the only question that really matters now at this point is where do all the gains go? Who actually wins this decade? Okay, to understand that, the mechanics of who wins, this is where the money actually flows, all right? The Cantillon flow, we talked about this. The four tiers, new money, it enters at the top. Tier one, money creates, right here, tier one, the money creators.

Again, that’s the banks, it’s not the Fed. We talk about the Fed printing money. It’s not really how it works. The money is created at the banks through new debt issuance. So they tier number one, tier number two, it goes down to the asset owners. Because again, the debt is created to buy assets, right? You go to the bank and you get debt to buy a house. The debt goes to asset owners, equities, real estate, bitcoin, gold. They receive the flow first, all right? And then their assets reprice up before the general price levels move. Then it goes down to the corporates and the insiders.

They do stock buybacks they pay huge bonuses, they leverage returns, they catch the second wave. All right, and then tier four down here we have the wage earners, the savers, right? Because again now all the prices have gone up, the homes have gone up, the stocks have gone up, the bitcoin has gone up, the business gone up. And then it comes down to the consumers right here. The inflation arrives last purchasing power is all of a sudden getting wiped out, getting diluted. Now the top tiers compound the asset, the bottom tier compounds the cost. It’s the same flow, it’s just where do you choose to participate, what level? And the new Rails that’s putting all this in place, they’re already live.

There’s four firms and there’s four production stacks. We’ll start over here with BlackRock. BlackRock created a new, new fund called Biddle. And what Bittle did is they took the U.S. treasuries and they tokenized them. And then they pay. You can buy this token, Bittle and you get basically treasury yields. And now this token is live in the defi ecosystem. And They’ve raised over $2.5 billion under management. Live. Okay, right now then we have Goldman and BNY right here. And together Goldman’s DAP has been live since January of 2023. Now BNY and Goldman, they tokenized money market funds since last July.

It’s been going on for a while. They’ve tokenized bonds, they’ve tokenized repos, money market funds, all those things. Okay, then we have Stablecoin Rails. Over here we have Visa. So Visa card to stablecoin settlement, $7 billion annualized. There’s nine different chains as of Q1 of this year. It’s all happening really, really fast. MasterCard, Multi Token, they’re all, they’ve all been live. Okay, this is really big. And then over here MasterCard is also on this as well. Now these aren’t proposals. These are already in production. This is already happening. Billions of dollars is moving real value right now.

And here’s where Bitcoin fits in. We have three vectors all converging on one asset right now. We have the sovereign demand right here, the strategic Bitcoin reserve. The central banks are accumulating Bitcoin. Right here we have institutional demand over tokenized real world assets. You know, following BlackRock, all of that we have the macro demand. That’s the financial repression making cash a guaranteed losing trade and the escape valve for capital. So all three forces coming down into one asset. Bitcoin, it’s the cleanest expression of what’s happening at the protocol level right now? And here’s the upside vector.

This is the historical mirror. So we can look back with some perspective and see. And we can see that from 1946 to 1955, the debt to GDP went from 122 down to 66%. And during that time, GDP or real GDP was up 37%. The S&P 500. Wait for it, wait for it was up 260%. Okay, that happened because the US rebuilt the production base. They rebuilt the entire manufacturing sector. We had the GI Bill, we had all this productivity start to hit the market. And the capex, the investment into that, it all came first. All right? Then the growth is what followed.

Now 2026 to 2036 is the mirror, the same setup. Now we have hyperscalers. The capex that’s going into Hyperscalers. We have 160 billion in 2023, 240 billion in 2024 and 400 billion in 2012. Look at the growth of this. And projected to be 725 billion by the end of this year. I mean, look at the growth trajectory of this. The same mirror, as you can see, we have the semiconductors reshoring, we have the energy abundant is happening. The same blueprint, the same upside vector. The mechanisms, they’re already in place. As you can see the mechanics, they’re already in motion.

All the charts are telling us the same thing. And now we have the political Runway that’s open. So the only question that’s left now is which side of the ledger are you going to be on? Because there’s two paths through the next decade. Same policies, but opposite outcomes. You get to choose path number one, the asset owner. You hold the bitcoin, you hold the gold, you hold the equities, you have the real estate. You can have those things. Your purchasing power is preserved and it’s expanding. You can use debt to expand it even further and the debt gets inflated away.

In real terms, it’s great. The income is CA is growing up because of capital appreciation plus cash flow. And by 20, 2035 we have this massive compound that’s going on. Of course, path number two is over here. This is the person who just works for their money, tries to save a little bit, doesn’t really buy any debt or doesn’t really buy any assets. You hold the dollars, you hold the bonds. You do the same thing, you diversify, you allocate your assets. You’re in a diversified portfolio, a 60, 40 portfolio. Whatever your financial advisor tells you to do.

But your purchasing power gets eroded. It’s eroded, it’s tolerated. Cpi, consumer price inflation is stealing that purchasing power. And then your debt is now the burden. Your debt is growing as the rate floats, your income and your wages start to lag, fall behind. Now, by 2035 here, you’re working way harder and for less. The same decade, the same policy, but opposite outcomes. What’s the variable? Well, the variable is which side do I want to be on? Because Trump’s running a 10 year project. He showed us this. I showed you the data. Scott Besant said it 13 months ago.

Worse now is in the Fed, the political constraint that was holding them back is gone. The four pillars are signed and all of the data is showing us it’s in motion. We have the parallel, the 1946 mirror to show us we understand the Cantillon flow and how mechanical it is. And so I mean, you could argue with my framing, I guess, but you can’t argue with the data because the data set. So the question is, what do you do with the data now? Three things, what you can do. Number one, join me for the Wealth OS Live workshop.

We’ll put a QR code here. I’ll put it in the description below. If you want to learn how to get on the right side of the cancel on effect to take advantage of this flow, join me over there. Otherwise, subscribe to the channel and I’ll see you on the next one.
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