News list for "Fidelity Macro"

Jurrien Timmer, global macro director at Fidelity, recently commented on the debate over whether bitcoin and gold are more reliable stores of value, reasoning based on the concept of "fiscal dominance", in which governments act to expand the money supply, threatening the purchasing power of money. Timmer pointed out that inflation is brewing, and the historical M2 money supply/CPI relationship confirms this. Although according to theory, bitcoin and yellow...

2024-06-13 04:05:59