Ex-Goldman Executive Warns Economy Is About To Drop Off a Cliff – Here’s What It Means for Crypto

Ex-Goldman Executive Warns Economy Is About To Drop Off a Cliff – Here’s What It Means for Crypto


Real Vision CEO Raoul Pal thinks crypto has “probably bottomed” and that the biggest macro influence on crypto is the global money supply.

In a new video, Pal predicts economic growth will soon fall “off a cliff,” which will spur an increase in the money supply.

The former Goldman Sachs executive shares a chart comparing the ISM Manufacturing Index and the US M2 Money Supply year on year.

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“In this chart, ISM is inverted and the money supply looks like it should start bottoming out and going higher. If it goes higher, crypto should go with it. Now, that makes sense because as economic weakness comes, the central banks start coming into play, liquidity starts being pushed into the system.

We’re already

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