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Did Macro Kill Crypto? with MacroAlf
Bankless
Is the Global Credit Impulse Cycle Different From the Last Cycle?
Tarte: This cycle was unique for two reasons. The combination of real economy money printing and financial money printing at the same time, which is something that rarely happened in modern history after World War II. There was an exogenous shock, which was the pandemic, that basically made the foundations of our leverage system tremble. Tarte: Give it nine to 12 months to see the effect of this monetary expansion. Earnings grew by 52% in 2021. It's just gigantic.
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