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fiat currency

3 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Apr 22, 2020 by Preston Pysh · across every show →

Everything said about fiat currency, oldest first

Apr 22, 2020 negative
Insight
Pysh: Lack of currency pegs drives runaway inflationary monetary policy
“The dollar is not pegged and neither is any other fiat currency. They're not pegged. And that's what drives this behavior of this runaway inflationary monetary policy.”
Preston Pysh Apr 22, 2020 ▶ 17:03 Preston Pysh on Bitcoin $200,000, QE at the top, UBI at bottom, $10t+ Fed Balance Sheet?
Apr 22, 2020 neutral
Insight
Pysh: Fiat trust will not collapse without an alternative currency
“For that to happen, there has to be some other currency. There has to be somewhere else to go before that trust is going to break down completely.”
Preston Pysh Apr 22, 2020 ▶ 31:25 Preston Pysh on Bitcoin $200,000, QE at the top, UBI at bottom, $10t+ Fed Balance Sheet?
Apr 22, 2020 bearish
Opinion
Pysh: The global economy is experiencing a fiat currency default
“So the argument is that we're seeing a default of fiat currency globally is the argument.”
Preston Pysh Apr 22, 2020 ▶ 7:24 Preston Pysh on Bitcoin $200,000, QE at the top, UBI at bottom, $10t+ Fed Balance Sheet?
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