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#444 Raoul Pal on Bitcoin & The Macro Economy

The Pomp Podcast

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Is It a Single World Currency?

The e c p is creating a currency basket of which currencies move around and change their weights within it. That's interesting, because then you're actually turning it into something that has a limited money supply grove. In a world like that, what does it mean for emerging markets? Well, maybe they become less cyclical. How toan how the countries compete with each other? I don't kno, it's probably technology. And then how does obviously, bit coin and gold and stuff like that fit into that? Really interesting. So macro could shift it, maybe it doesn't, but there's a once in a lifetime opportunity to change the construct of the system.

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