The Dollar Wrecking Ball is Back - FED159
The dollar wrecking ball is back, we talk DXY, CNY, Oil and bitcoin accounting rules.
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This episode is the first one away from Bitcoin Magazine. The end of an era, but Fed Watch lives on. Today, I talk about the dollar wrecking ball being back, why is it so bad, and what to expect. I tie in the broad dollar breakout and the crashing Chinese yuan (CNY). Then, I speak on the rise in the oil price and what I expect there as well. Lastly, the long-awaited bitcoin accounting rules have been approved.
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Fed Watch is an alternative bitcoin and macro show with a clear contrarian thesis of a deflationary breakdown of the financial system and globalization leading to bitcoin adoption. We question common narratives and schools of thought in search of new understanding.
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**DISCLAIMER: This is not investment advice, do your own research.**
