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Nalezeno "EU Inflation": 2408

Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’

19.3.2021
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer...

How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo

18.3.2021
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs...

Why The Return Of High Inflation Can No Longer Be Excluded

17.3.2021
Radu Vranceanu and Marc Guyot are professors of economics at ESSEC Business School. ____ The Covid-19 pandemic has caused worldwide economic devastation. In the EU and the United States, many early emergency measures sought to address the shortcomings and disorganization of health care systems....

Inflation Is Here & BTC Will Hit USD 115K ‘Ahead of Target’ – Pantera

17.3.2021
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Dan Morehead, the CEO and founder of Pantera Capital, operator of the Blockchain Investment Fund, says that bitcoin (BTC) is “ahead of” his firm’s forecast schedule to hit USD 115,000 this summer – meaning that...

Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC

17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...

Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation

17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...

Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

13.3.2021
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that...

Gold's status as inflation hedge 'somewhat exaggerated,' says BlackRock exec

11.3.2021
BlackRock executive Russ Koesterich says gold is failing as an equity hedge amid massive outflows from bullion ETFs into assets like Bitcoin

1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein

9.3.2021
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that...

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...

This Is Why 'Hedge Against Inflation', Bitcoin, Dropped On Inflation Fears

5.3.2021
Bitcoin (BTC) once again showed that it is indirectly correlated to macroeconomic factors that can move the stock market, and, in turn, affect the price of the most popular cryptocurrency that is often touted as an independent asset class. Bitcoin fell around 10% on March 4, from USD 51,680 to...

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality

27.2.2021
Critics of the digital currency have visions of the future every bit as silly as maximalists'

Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors

23.2.2021
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over...

Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Historically Low Interest Rates’

23.2.2021
A speechwriter for former U.S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates...

‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin

22.2.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis. Expecting more massive stimulus from the government, he said to “prepare for inflation.” Michael Burry Shares...