Update: As this crisis progresses, my views on this subject have changed. Strong arguments can be made that this crisis will extremely deflationary in nature for the US economy. Given that the USD is the world reserve currency, there is a significant shortage of dollars. Everybody worldwide is chasing these dollars the dollar-denominated debt which vastly outsizes the amount of dollars in circulation. This gives the US the liberty to… Read More »Bitcoin & Inflation – Why BTC May Get Weaker Before Getting Stronger
BTC Price Tanks As World Rushes For Liquidity Amid Global Economic Crisis Disclaimer: The information presented does not represent financial or investment advice. You are responsible for your own financial decisions. Read the full disclaimer here. Subscribe here for updates. Analysts have been forecasting a global economic crisis for several years. Extraordinarily high valuations in almost all asset classes, extreme debt-to-GDP levels, experimentative monetary policy, a yield curve inversion, and NIRP… Read More »March 2020 BTC Analysis – Coronavirus Catalyzes Global Economic Crisis
Economic conditions become increasingly turbulent after a decade of stimulative monetary policy & negative interest rate policies. A forward-looking indicator which has preceded every recession since the 1950s has recently signalled that a recession is in store. The limited evidence we have suggests Bitcoin has little downside risk in the event of an economic crisis. Important Disclaimer: Nothing here should be constituted as financial advice. It also should be noted that… Read More »How will Bitcoin Behave if the Global Economy Erupts?