MI Rewind: Bitcoin, Long-Term Debt Cycles, & On-Chain Analysis w/ Dylan LeClair
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Long Term Debt Cycle
Preston: A lot of what you mentioned definitely falls in line with the path I took. Your article covered the long term debt cycle in great detail, which was a concept that Ray Dalio wrote about as well. Over the span of not 10 years, but 50 years or 100 years, if you want to zoom like way out, you see this kind of huge cycle occur. And because of this Keynesian system that we're in with central banks, with governments, with fiscal spending, what you see is that stimulative effect come in in the form of additional credit,. Additional debt to prop up the system.
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