Russia Makes Move Into Bitcoin !! - Daily Live 12.23.22 | E288
Release Date: 12/24/2022
Bitcoin & Markets
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Bitcoin & Markets: Macro, money, geopolitics and news Thanks for listening. If you are reading this, hit the subscribe button in your podcast app and join us for LIVE streams on Youtube or Rumble! Links Full write up and charts YouTube: Rumble: Twitter Telegram FREE weekly newsletter Value 4 Value: Fountain app: Strike: Cash App: --- Disclaimer: The content of Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. #bitcoin #macro #geopolitics
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Today's episode covers macro headlines about oil and PCE for November. I walk through exactly why a hard recession is unlikely in the US, as economic activity is coming off a HUGE nominal number as CPI is crashing. This creates the feeling of free fall in the economy but real GDP can actually stay positive. This puts massive downward pressure on the demand for oil globally, and since the US is a giant producer of oil and natural gas, it puts the US in the economic driver seat.
Lastly, a member of the audience brings up a very big news item out of Russia, where they have stated that they "WILL" start using bitcoin as early as January for import/export deals.
Links
#bitcoin #macro #geopolitics
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