The Breakdown cover image

As Bank of England Intervenes, Druckenmiller Sees Crypto Renaissance

The Breakdown

00:00

Cryptocurrency Markets Looking Like a Day on Finance

Drucken miller says crypto currency could have a renaissance if people lose trust in central banks. The famed hedge fund manager, who has never had a down year, said that the market is going to be kind of flat for ten years. He also made a point that i think far too few people have been discussing, arguing that going after inflation now is fundamentally more difficult than it was in the 19 eighties,. Back then, he saide the economy wasn't nearly as leveraged, and we had not been through an asset bubble. To me, the risk reward of owning assets doesn't make a lot of sense now.

Play episode from 12:24
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app