Investor Luke Gromen indicates that economic changes in the United States may pave the way for Bitcoin $93,768 to reach unprecedented price levels. In a statement on the Julia La Roche Show, Gromen expressed a high likelihood that the U.S. government will take steps to decrease the dollar’s value. He mentioned that this scenario could create a flow of investment towards Bitcoin and other risky assets.
U.S. Policy to Weaken the Dollar
In a recent announcement, Gromen pointed out that the U.S. would likely move to devalue the dollar following its significant awareness of national security, particularly after its defeat against Russia in Ukraine. He emphasized the willingness of the Department of Defense to weaken the dollar to enhance America’s weapon production capacity. Politicians are expected to take steps in this direction.
Gromen forecasts that the government will revert to printing money, which he believes will have serious implications for the economy. This move is anticipated to support the defense industry’s revival by covering labor and material costs. Consequently, this process w…
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