Prediction evidence

Mark Yusko on why higher rates aren't bad for Bitcoin "What does a rising rate environment actually mean? Is it restrictive? People think, oh, if they lower rates, that's printing money; if they raise rates, it's not. That's not actually how it works." "If the Treasury is buying back bonds in size, that is essentially printing money, it's creating money out of thin air to buy back the obligations that you issued before." "The bottom line is you've got to look at total liquidity, and you have to look at global liquidity. China is actually running the printing press much, much faster than anybody else, and global liquidity today, every day, makes new highs." "So the idea that higher rates are bad for Bitcoin just doesn't make any sense to me. Higher rates, interestingly, are a sign of economic strength. Low rates are a sign of economic weakness." "In a world of abundance and economic strength, I'm not sure I buy completely that we're there, but if we were there, that's actually better for any store of value, because in that environment governments are going to print lots and lots and lots of money." "So yeah, lowering rates usually comes when things break."