Sam Callahan: Bitcoin Doesn’t Need Rate Cuts to Succeed

The USD lost 20% purchasing power in 5 years. Sam Callahan breaks down financial repression, core PCE spikes, and the U.S. bond market's historic drawdown. The U.S. dollar has lost at least 20% of its purchasing power in just five years, using the Fed’s own favorite inflation gauge. Sam Callahan explains why financial repression is already happening, from core PCE averaging 3.7% to the U.S. bond market’s steepest drawdown in history. He argues the policy is “working great.

Source: Bitcoin Magazine