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Seeking Alpha 2022-03-22 18:45:33

Billionaires Elon Musk And Michael Saylor: Dump The Dollar And Buy Physical Things

Bitcoin and Ether are private properties (unlike fiat currency), and they are scarce (like gold). Bitcoin supply is capped at 21 million while no new Ether tokens are being produced.The value of cash is disappearing at an annual inflation rate of 7.9% right now. Savings accounts are earning a measly 0.06% on average. Bond yields are underwater.Stocks have historically been up on average following the first rate hike in a new tightening cycle.Piper Sandler says that investors should be as “growthy” as possible, focusing on companies that demonstrate growth at a reasonable price (GARP).

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