4min chapter

The Bitcoin Layer cover image

Global Liquidity Update with Michael Howell: The Case for a U.S. Gold Revaluation Is Building

The Bitcoin Layer

CHAPTER

Intro

This chapter explores the differences between M2 as a liability-based metric and an asset-based liquidity index. The discussion highlights the diminishing relevance of M2 in analyzing current financial transactions and emphasizes the importance of understanding credit metrics for a better understanding of financial activity and its effect on asset prices.

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