The next thing we need is the inflation storyto to die. That would be a true accelerate and growth to be falling, and central banks to be printing more money. So you're setting up for a perfect storm here. And that's so so the argument your was it going to go lower before blubber blod right now? Unlikely. There's the probability of it still a decent probability, call it 30% or 35%. But i think unlikely. I think that's the place of bit coin in the world as a cndof pristine reserve asset.
Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.