WHY ARE WE BULLISH? Dan Gould, Lawrence Lepard, Dom Bei Bitcoin - Uncovering Their Bullish Insights ep354
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The Fed Is Going to Have to Retire Printing Money
Inflation numbers have given them a little bit of cover, the headline rate came down to 3%, which was lower than expected. And as a result, it's becoming more and more obvious that the Fed is going to have to pivot or else we're gonna have the Great Depression. Bitcoin obviously took a big hit from 68 down to 15, partly driven by FTX, but year to date 2023, Bitcoin is the best performing asset in the world, up 100%.And by the way, gold is up 8% this year, not nearly as much as Bitcoin, but the point is, in this kind of a rate hiking cycle in the past, gold would have been down significantly.
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