Here are two analysts covering the U.S. macroeconomic landscape and Bitcoin:
Luke Gromen’s Analysis
Luke Gromen’s analysis highlights three key issues:
- The U.S. spends more on interest and entitlements than it earns. So, it uses monetary expansion to prevent default.
- Austerity measures could lead to a 20% S&P crash, reducing GDP and tax revenue.
- Revaluing U.S. gold reserves could boost Treasury funds by $850 billion and cut debt issuance.
Gromen advises buying gold in large quantities to stabilize markets. He also thinks Bitcoin might separate from NASDAQ. This could happen because of capital controls and U.S. policies.
He says policymakers need to act within 3 to 5 months to prevent a crisis characterized by a “sudden stop.” They can do this by:
- Focusing on reshoring with wage-driven inflation.
- Implementing yield curve control.
- Launching debt jubilees
Samson Mow’s Analysis
The video features Samson Mow analyzing Bitcoin’s role in today’s economic environment. He notes that institutions and governments are making discreet purchases of Bitcoin. Yet, individual investors are hesitant because of the large price swings. Mow argues that these swings show Bitcoin’s increasing value, not instability.
