The Minsky Moment is a situation when the market crashes — it’s like a sudden major loss. This happens after a long period of continuous investing. Hyman Minsky explained this concept.
Mike Novogratz is a well-known investor who invests in gold and crypto. He says the time is coming when governments will stop taking on more debt and spending excessively. This is called the end of fiscal complacency.
Novogratz says this is the time when the government starts to lose control, or becomes weak, or when the economy is under pressure. In such situations, people prefer to put their money into $BTC and gold, because these assets are considered safe.
Why is this important?
If the market crashes, people see $BTC
and #gold as a way to protect their money.
#BinanceLaunchpoolINIT #VoteToDelistOnBinance #minskymoment #PowellRemarks
