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Did Macro Kill Crypto? with MacroAlf
Bankless
What's the New Paradigm of the Double Whammy Monetary Tightening?
In 2020 to 2021, the supply of those two kinds of monies were just like going up bigly. And now the new paradigm is the inverse of that, where in 2022 to 2023, we got to pull that money back. So we're doing interest rates. The money's got to got to deleverage the system. That's just the beginning I would say of the double whammy monetary tightening that we are seeing since the very beginning of 2022.
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