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BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
How Did They Weaken the Dollar So Much?
The Fed took action and started aggressively raising rates, which essentially took liquidity out of the system. But then all the other countries around the world had to very quickly catch up so that their global manufacturing and global exports don't get weakened. That's why you see these bounces and strengthen weaknesses because in some cases they're trying to try to gain what the US is going to do. In other cases, they're just trying to catch up. So that's why you See that type of volatility.
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