When people are facing foreclosures, will they dump their house to buy more Bitcoin, or will they dump their Bitcoin to save the house?

A recession is a recession. Everything gets repriced, including Bitcoin.

But I doubt there will be a recession. I believe all these models, that have been predicting a recession for two years now, are worthless, because they assume a fiscal policy from governments. Kneedeep in cheap debt that gets repriced, however, governments have switched to monetary policy. There’s so much liquidity waiting at the gates, I’m preparing for a Banana zone…

Reply to this note

Please Login to reply.

Discussion

No replies yet.