4min chapter

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Did Macro Kill Crypto? with MacroAlf

Bankless

CHAPTER

The Crypto Utopian Perspective on Growth

I expect Fed funds right to be below 1% in 2024, which will make the new credit cycle marginally more difficult at every iteration. The next decade or two might prove to be more difficult to engineer with the same model than the last 40 years were. One would be a 2022 industrial revolution of some sort where instead of industrial revolution, you basically have a new discovery that all of a sudden changes the productivity's load completely. Other way to boost productivity growth over time is to make sure that technology permeates as many sectors of the economy as possible.

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