Lyn Alden emphasizes the necessity of a weaker dollar for the US financial system’s stabilization. This long-term transition suggests potential benefits for assets like Bitcoin and gold as dependence on the dollar decreases.
The US economy holds approximately 102 trillion USD in dollar-denominated debt against just 5.8 trillion USD in base money, illustrating the financial reliance on credit. This scenario indicates a need for structural change in monetary dynamics.
With the dollar’s diminishing global status, nations are increasingly turning to Bitcoin as a stable alternative for investments. Historical trends reveal an inverse correlation between Bitcoin and the DXY, which might signal an upcoming rally for Bitcoin.
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