#990 The State of the 2022 Economy
The Pomp Podcast
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Is Bicoin an Inflation Hedge?
Inflations at eight %? What the hell? One of the things you have to understand is that inflation hedges go up in value before the inflation shows up. Even though bioin's price has come down is now around 30 thousand dollars Thate's still a 300 % increase from where it was in c three of 20 20. And so bit coin was the best inflation heage asset. It also serves as a non correlated acid over a long period of time. People are very miseducated when it comes to these nuances of the financial system. But i think that this is a time when you have to step back for a second and say, ok, if i am going
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