Home 2022 The Fed’s Inflation Gaff is Bullish Bitcoin

The Fed’s Inflation Gaff is Bullish Bitcoin

by Paul Ebeling

#Fed #inflation #bitcoin #cryptocurrencues

$BTCUSD $KNIGHTSUSD

JPMorgan Sees Inflation Driving up the Price of Bitcoin“– Paul Ebeling

The Fed’s failure to get a grip of inflation will help drive the price of Bitcoin North once it bottoms in here throughout the rest if Y 2022.

US prices soared last year by the highest marks in 40yrs, draining the purchasing power of American households.

Inflation is everywhere, and it will be around for longer than anyone would like.

The Big Qs: Why didn’t the Fed see what was coming? Could they seriously not see how supply chain bottlenecks and a shortage of qualified workers would drive up prices and erode people’s and firms’ spending power?

The Big A: It misstepped, making the biggest miscalculation in its history and showing us how the traditional fiat system, of which it is a Key component as it is charged with maintaining price stability, is really out of step with reality.

We believe this will fuel the demand and therefore the price of Bitcoin, Knights and other cryptocurrencies will run North.

With Bitcoin’s fixed supply of 21-M (KNIGHTS at 5-M), and institutional investors increasingly moving off the sidelines and into the crypto market, it is going to continue to outpace gold as a safe haven for capital.

Money flows to where it gets its best treatment, and with treasuries yielding negative in real terms, moving capital into the Fed is a clear liability for investors.

In this current inflationary frame, Bitcoin has outperformed gold which has always been almost universally hailed as the ultimate inflation hedge until now.

Bitcoin is often referred to as “digital gold” because like the precious metal it is a medium of exchange, a unit of account, non-sovereign, decentralized, scarce, and a store of value.

Yet, we believe that cryptocurrency, including Bitcoin is superior to gold as a medium of exchange and/or form of payment.

Unlike gold, cryptos are fixed units of account and easily divisible and transportable. Gold is not easily immediately divisible, and there are potential issues with purity and verification. Whereas Bitcoin is easily traced on blockchain technology and this is going to be a considerable advantage, especially in cross-border transactions. My sainted grandfather Theodore told me as a boy, “Paul, never own anything you cannot carry with you.

The Fed has lost control on prices and investors are looking for safe havens to protect their purchasing power.

Have a healthy, prosperous weekend, Keep the Faith!

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.