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Ronnie Stoeferle

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2021-12-31
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2021-12-31
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  1. I think it's this big move from monetary dominance to fiscal dominance. I think that in a great financial crisis, the big new thing was quantitative easing. Nobody really knew what it was. Of course, the Japanese already used it and implemented it before and I think they're now at round number 13 or 14, but they call it QQE. So quantitative and qualitative easing, which sounds even more sophisticated. But I think that central bankers, they kind of understood that with simple quantitative easing, which is basically an asset swap, you cannot really create any inflation and it doesn't have any direct impact on the economy. So, I mean,

    2021-12-31 · Forward Guidance · Bitcoin & Gold During Monetary Climate Change | Ronnie Stoeferle · IDENTIFIED FROM THE TRANSCRIPT