I made the Bitcoin v. NASDAQ comparison last year on the way up. I'll stick with it on the way down. Bitcoin $200 here we come. bloomberg.com/news/articles/… pic.twitter.com/tPOtX8brKB
@RonStoeferle That's my base case also. The alternative is a U.S. recession that takes everything down. Fed won't go that far.
@StephanieKelton Timely! I'm devoting a chapter in my next book to this topic. Looking forward to reading your work with great interest.
@jmackin2 takes a thoughtful look at whether the Fed is tightening into economic weakness, a possibility I have warned about since last summer: wsj.com/articles/confu…