Bloomberg had declared the debasement trade dead back in June, even pointing to Kevin Warsh as the catalyst for its collapse. Since that moment, the market landscape has shifted dramatically: $BTC has surged by 41 %, while gold has climbed 9 %. The reality is that markets don't get hung up on storylines—they’re driven by liquidity, deficits, and real interest rates. The debasement argument is still very much alive, as evidenced by the recent price movements. 📈💰🌍✨
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