Why High Liquidity Means a Weak Economy
Michael Howell breaks down the global liquidity cycle and why it moves completely opposite to the real economy.
“All money that is anywhere must be somewhere.”
If it’s sitting in financial markets, it’s not fueling the real economy — and vice versa.
“The liquidity cycle is going down while the real economy is picking up.”
That’s exactly where we are right now. 🎬
#Bitcoin #Liquidity #Macro #GlobalEconomy #Bankless