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The Debasement Trade: The Death Of Fiat Currency?
Stocks, gold, Bitcoin, real estate - why have they all been mooning in recent years? Well, many are attributing all of these moves to a single trade thesis - the debasement trade.The idea is that mounting sovereign debt and expansionary monetary policy has pushed people to dump their fiat for other assets. But is this true, or just narrative? Does it matter?We dive into all of that and more as we consider the hottest trade thesis around right now. If you haven’t considered it before, this is one video you really need to watch.
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Published on 11 hours ago