
Capitalism Is The Only Way w/ Preston Pysh
Bitcoin Magazine Podcast
00:00
Is This Really Happening in the Markets?
The dollar is the fiot currency, and everything else is just a reflection of the perturbations that you have happening in thefiot currency. And so if we start to see inflation persistently higher than the yields that you have in fixed income, those markets are going to try to sell off as well. So i think was happening there, as you were seeing the transition of a lot of that buying power and capital coming out of fixed income into equities and bic coin. As the cycle intensifies and it really starts the cell off, you get impairment of the promise,. because that's a promise which can't be broken.
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