Coin Stories Larry Lepard & James Lavish: Financial "Train Wreck" Coming, Bitcoin to $100k This Year, Recession vs. Meltup
Oct 2, 2024
Larry Lepard, a leading macro analyst and founder of Equity Management Associates, joins James Lavish, a macro expert with extensive financial insights, to dissect the looming financial 'train wreck.' They argue that the Fed is trapped by a ticking debt bomb and predict Bitcoin will outshine gold in this turmoil. The duo speculates on the potential for Bitcoin to reach $100k by late 2024 and discusses energetic political dynamics affecting the economy. Their predictions offer a blend of caution and optimism in navigating complex financial landscapes.
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Fed Balances Inflation And Employment
- James Lavish explains the Fed's dual mandates: 2% price stability and full employment.
- He warns the Fed may shift focus to jobs even if inflation stays above target.
China Turned On Its Money Bazooka
- Larry Lepard says China unleashed large stimulus to 'do whatever it takes' for growth.
- He links the move to commodity rallies and higher global M2 growth.
Bitcoin Expected To Outperform Gold
- Larry Lepard expects Bitcoin to outperform gold over the long term.
- He notes gold often leads because more holders sense monetary debasement earlier.