HEATH MUCHENA: Trump, the Fed and the $1m bitcoin playbook
Self-inflicted recession will force Fed to cut rates, then cryptocurrency will become world’s best-performing asset
05 March 2025 - 05:00
The world’s most valuable asset isn’t gold, oil or even AI — it’s trust. And trust, when it comes to money, is in short supply.
We are standing at the precipice of the most aggressive monetary expansion in US history. The numbers are staggering: $34-trillion in national debt, $1.7-trillion in corporate maturities rolling over in 2025, and a Federal Reserve trapped between inflation and financial collapse. Yet the solution has always been the same: print, borrow, repeat. ..
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