People are unable to distinguish "prices have gone up from money printing" from "prices have gone up due to the pandemic and the war between Russia and Ukraine". Neither bitcoin nor gold can hedge against the latter.
Which is mostly driven by putting trillions of dollars into the economy. The Fed had 1 trillion on it's books during the 07 recession. It has 8 trillion on it's books now. That's a major problem.
https://www.mercatus.org/publications/inflation/inflation-la...
Which is mostly driven by putting trillions of dollars into the economy. The Fed had 1 trillion on it's books during the 07 recession. It has 8 trillion on it's books now. That's a major problem.