Prominent global macro investor Dan Tapiero says Ethereum is poised to surge as a wave of institutional investors set their sights on the second largest crypto asset by market cap.
On an episode of The Breakdown with Nathaniel Whittemore, Tapiero says that the amount of stimulus pumped into the money supply this year has transformed the financial landscape.
“I think investors need to really think in a different framework. I think the framework is still developing but almost anything that you used to think I think that you have to think has now changed. Bottom line if you add up all of the fiscal and monetary stimulus that was done and try to put a value on it this year, you’re looking at an amount of over $30 trillion of stimulus was put into the world economy. That’s one and half the size of the US economy injected in the world so I don’t think we even understand