2min chapter

Bankless cover image

115 - The Stagflation Mega-Trade | Dan Morehead

Bankless

CHAPTER

The Fed Is Buying Us Bonds, Right?

The largest owner is called the people's republic of china. Other central banks who themselves are manipulating their currency price t so china and others accumulate reserves because they 're trying to keep their currency from floating at a free market rate, which would be no higher or more valuable. With the russian invasion of the ukraine and sanctiond you know, i can't imagine it's going to be a marginal increase in the number of nation states that want to own bonds That will get to crypto at some point. I think that's net positive cripto.

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