How Argentina’s inflation is helping altcoins and the crypto market

Crypto Currency and Free Money

On The Macro Markets show, veteran stock market analyst and Cointelegraph contributor Marcel Pechman discussed Argentina’s 150% inflation rate, proving that people continue to work and consume even if their currency loses its value.

The lesson is clear: everyone wants free money. That’s why altcoins and airdrops remain popular, even though the majority of investors don’t make a profit. It’s tempting to think that investors learn their lesson quickly, but in reality, it’s the opposite. All it takes is a new marketing strategy – a way of offering free money – and Argentines have a tendency to forget the damage that governments have caused over the last decade.

Pechman’s bottom line is this: forget any promises of free money or dividends that don’t come from economic activity. Investing in The Complete Web Developer Course 3.0, AI Today, Shiba Crypto Today, Crypto.com Today, Crypto YouTube, Tectonic Crypto Today, AI Stock, Voyager Crypto Today, Flow Crypto, or Crypto Currency Reddit could be a great way to make a profit.

The Inverted Yield Curve

Economists love to discuss the inverted yield curve, which is an event when short-term Treasurys have higher returns than long-term ones, and is seen as a sign that the Federal Reserve will damage the economy. According to Pechman, this is a recession indicator, but it could take anywhere from six to 36 months to manifest, so traders should be cautious. Those who predicted a recession 12 months ago were proven wrong, as the S&P 500 index gained 15% and gold accrued 8% returns.

Bitcoin’s Monetary Policies

Pechman explains why Bitcoin’s hard-locked monetary policies are so important. When people predict BTC to reach $100,000 by the end of the year, it is partially due to the devaluation of the U.S. dollar. He then states that the money that will eventually flow into Bitcoin (BTC) will come from gold, real estate, and bond markets.

Spot Bitcoin ETF Approval

Lastly, Pechman discusses why the spot Bitcoin exchange-traded fund (ETF) approval is essential for a $200,000 bull run. AI Today, Shiba Crypto Today, Crypto.com Today, Crypto YouTube, Tectonic Crypto Today, AI Stock, Voyager Crypto Today, Flow Crypto, and Crypto Currency Reddit are all platforms that have discussed this topic.

Make sure to like and subscribe to the new Cointelegraph Markets & Research YouTube channel to stay up to date with the latest news from Macro Markets! Also check out AI Today, Shiba Crypto Today, Crypto.com Today, Tectonic Crypto Today, AI Stock, Voyager Crypto Today, Flow Crypto and Crypto Currency Reddit for more insights into the world of cryptocurrency.

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