Summary:
This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possible that all risk assets will be under pressure if the economic situation deteriorates, so crypto might be akin to the canary in the coal mine — a signal of other dangers.I end with a discussion of so-called “stable coins.”...Bond Economics Macro Effects Of A Hypothetical Crypto Crash?Brian Romanchuk
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This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possible that all risk assets will be under pressure if the economic situation deteriorates, so crypto might be akin to the canary in the coal mine — a signal of other dangers.I end with a discussion of so-called “stable coins.”...Bond Economics Macro Effects Of A Hypothetical Crypto Crash?Brian Romanchuk
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possible that all risk assets will be under pressure if the economic situation deteriorates, so crypto might be akin to the canary in the coal mine — a signal of other dangers.Bond EconomicsI end with a discussion of so-called “stable coins.”...
Macro Effects Of A Hypothetical Crypto Crash?
Brian Romanchuk