4min chapter

The Bitcoin Standard Podcast cover image

179. Bondpocalypse with Greg Foss

The Bitcoin Standard Podcast

CHAPTER

The Reality of the Quantitative Easing Infinity

Bondholders' liabilities have been devalued, but that doesn't mean they're better off. There are large pension plans that can own a thousand Bitcoin on a turn of a switch. Ontario teachers was unlikely to get involved in Bitcoin until CalPERS does. That's when the bond allocation starts to say, "I don't need 40% of my portfolio in bonds"

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