Inflaction Chart - https://eu.tennessean.com/story/money/2017/04/14/unless-your-money-beating-inflation-youre-losing/10043761

Eugene Fama - «Inflation is Totally Out of the Control of Central Banks»


I recently came across an interview with Professor Fama:

https://themarket.ch/english/inflation-is-totally-out-of-the-control-of-central-banks-ld.2476?mktcid=smsh&mktcval=LinkedIn

While he is not discussing crypto and Bitcoin as a separate asset class at all and the interview is based entirely on prices of equities and bonds, I find it interesting that the interviewer has singled out the following messages:

1.Inflation is Totally Out of the Control of Central Banks and

2. He [Eugene Fama] warns that investors could stop perceiving government bonds as risk-free.

Here comes my favorite quality of Bitcoin and its deflationary nature. It should be portion of every investors portfolio and I am counting on it being the closest thing to hedge against prolific central bank activity and their push to create money supply through monetizing government debt. Even if this creates a "bubble" in BTC price, I hope in the context of Fama's statements that this is not a bubble, but the reflection of reality.

I continue to HODL some BTC and continue to wait for further price action in positive direction.

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Kamend1
Kamend1

Crypto Enthusiast


Exploring the range of crypto opportunities
Exploring the range of crypto opportunities

I am attracted to the opportunities of crypto assets and the blockchain technology. I have missed many opportunties, however I remain with genuine interest, which has not subsided in the past years. I hope to share and gain valuable insights!

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