Former Goldman Sachs executive Raoul Pal is detailing what he believes will be two positive catalysts for crypto assets in 2024.
In a new interview on the Wealthion YouTube channel, the macro guru and Real Vision CEO tells SkyBridge Capital founder Anthony Scaramucci that upcoming stimulus packages in the US and around the world will boost the digital assets industry.
According to Pal, politicians tend to “hand out candy” in the form of stimulus packages during elections, which leads to higher inflation and in turn, higher prices for digital assets.
“We’re seeing China in an economic mess, they’ve got a full debt deflation going on the same issues – aging population, high debts, everything’s blowing up, they’re likely to stimulate further. The Europeans are likely