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Bitcoin: Haven for 'smart money' as recession looms, predicts Jeff Tucker amid stagflation concerns
In this Kitco News video, Jeffrey Tucker, founder of the Brownstone Institute, and Ernest Hoffman discuss the factors driving Bitcoin's rally and the potential impact of the Fed's monetary policy on the economy. They also cover the Treasury's bank bailouts, de-dollarization, and the challenges posed by household debt.
Follow Jeffrey Tucker on Twitter: @jeffreyatucker
(https://twitter.com/jeffreyatucker)
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0:00 - Intro
0:51 - Bitcoin fulfilling its role
2:50 - Fed’s loss of credibility
7:21 - Fed is driving economy into recession
14:33 - PPI decline means recession
18:40 - Consumer household debt
20:51 - Recession will be obvious by July
24:24 - USD weaponization and dedollarization
32:20 - Gold and Bitcoin in Stagflation
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