Will Bitcoin Go To $12k or $30k First? | Charles Edwards
The Mark Moss Show
00:00
Do You Think the Macro Picture Is Driving the Bus?
The real income is very negative, far worse in 2008. And obviously a lot of that is going to be inflation related. The Fed doesn't want your wages going up. That's a problem for them. I think we're about to see the next transition later this year early next year where the rate of change of rates will reduce or go to zero. It could be that we're in a recession at that point, or maybe it's a bit late or earlier. But people to remember that once a recession has announced, it has been a pretty good buy signal in risk asset markets.
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