Why Gold and Bitcoin Provide Money Printing Insurance
The Canadian Investor
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Central Banks, Money Printing, and Economic Concerns
The chapter delves into the questionable decisions made by central banks in response to crises like the financial crisis and COVID-19, raising concerns about the exponential nature of money printing and the sustainability of such practices. It also discusses the economic status and growth trajectory of Canada post-COVID, expressing worries about job numbers, public sector job growth, and real economic growth. Furthermore, the conversation explores the benefits of diversifying assets between gold and Bitcoin, highlighting their historical significance, stability, and differing characteristics as forms of money.
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