#967 Dylan LeClair On Bitcoin’s Health After Last Weeks Crash
The Pomp Podcast
00:00
The Milk Shake Theory
The dollar currency index, which is just exploding upwards. It has a huge impact all the other kind of governments and corporations round the world that are operating on the dollar standard. And so when the dollar screams higher, all these other currencies,. all these other foreign economies, they get squeezed pretty hard. This is what a global margin call looks like. We're not there yet, but there's a reason that equity markets are 20 %, 30 % off the his. There's a reason why bonds are geting killedbut it's because we're kinded in this crazy environment of historic inflation at the same time where the doller is screaming higher.
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