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BCB077_GREG FOSS & JOE CARLASARE: The Bond Debate

Blue Collar Bitcoin

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Bitcoin - Is This Going to Be a Severe Recession?

The Bitcoin market, in my opinion, has weathered some already severe storms just within the digital asset ecosystem that was quite impressive. I still have a belief that because of the decimation in bonds as well as equities this last six months, there are institutions that are doing their homework to get a larger allocation to Bitcoin. But I'm not smart enough to tell you whether Bitcoin should trade at 20,000 or 10,000 right now. And quite honestly, I don't care. Why? Because we've seen the response due to COVID. And we've seen $9 trillion of global money printing that has impacts. Monetary inflation is required to solve this debt spiral. Pure and simple

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