The Last Trade E061: The Great Deleveraging with Sam Callahan
Onramp Bitcoin Media
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Market Dynamics and Historical Insights
This chapter discusses the impact of rising interest rates and the Bank Term Funding Program on market volatility, linking current economic conditions to past financial crises. It dives into the historical context of currency dynamics post-gold standard abandonment in 1971, examining the implications for today's financial landscape, including the rise of cryptocurrencies. The conversation reflects on the challenges faced by the traditional finance sector amidst technological advancements and high levels of personal debt, emphasizing the need for caution in a transforming economic environment.
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