The Sovereign Debt Spiral | James Lavish
Forward Guidance
00:00
The US Dollar and the Global Currency
I don't personally believe that we're going to get to a state of hyperinflation in the US dollar, at least not in my lifetime. But I do think there is a case to be made that the currency, the global currency, will eventually be backed by a hard asset. And the hardest currency in the world, the hardest asset in the world is to me, Bitcoin. This is extraordinarily difficult market for investors; it's one of the most complex things I've ever seen. The wrong allocation is zero or 100%. You know what you need? A little bit of Bitcoin.
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