Bitcoin: An insurance policy against the largest monetary and fiscal policy experiment in human history

Bitcoin: An insurance policy against the largest monetary and fiscal policy experiment in human history

More than a decade ago, on the back of the global financial crisis, the world began the largest monetary and fiscal policy experiment in human history: globally-coordinated quantitative easing while running massive deficits on top of increasingly untenable debt levels. That ‘experiment’ is now 10 years old and facing daunting challenges, because risk assets are now entirely reliant on cheap money.

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