General Update, Virus, Dollar, China and Japan - E209
In this episode I discuss the bullish case for bitcoin being driven by QE but not via a weaker dollar.
In this episode I discuss the bullish case for bitcoin being driven by QE but not via a weaker dollar. The dollar will continue to strengthen in a volatile way. Bitcoin will be bid because the traditional market will get worse and worse at price discovery and bitcoin will get better and better. I bring in two articles. The first one is about China’s consumer credit bubble popping and the second is about primary dealers in Japan refusing to sell their JGB’s to the Bank of Japan. That effectively stops QE as a weapon of the central bank. The primary dealers would rather use their JGB’s in dollar swaps with the Fed.
China consumer credit: https://www.zerohedge.com/economics/scope-pain-immense-chinas-consumer-default-tsunami-has-started
Japanese bonds: http://archive.vn/ao4qM
Get The Bitcoin Dictionary!
Bitcoin jargon demystified. Over 180 Bitcoin terms, concepts, and idioms.
The TOP Free Bitcoin Newsletter!
Don't miss another issue. Subscribe to the Free tier!
Subscribe to the Pod!
iTunes | Stitcher | Google Pods | YouTube | Soundcloud | RSS
The Show Needs Your Support
We’re a small operation and producing quality content people find valuable.
Check out our big list of ways to help the show
- Chart Like A Pro With TRADINGVIEW
- The Best WordPress Theme I’ve Ever Used! GeneratePress
- Sign Up For Audible And Get 2 FREE Audio Books
Have Feedback? Send it our way.
**DISCLAIMER: This is not investment advice, do your own research.**