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Dr. Jeff Ross
UPDATE: ISM Manufacturing PMI: 50.9 vs 49.8 (forecast) and 49.2 (previous) ISM Manufacturing New Orders: 55.1 vs 52.1 (previous) Almost no one is talking about the reemergence of the US manufacturing sector from its ~2.5 year period of contraction. Life is about to get (much) cheaper in #Bitcoin terms over the coming quarters, I suspect. 👀 #macro
Dr. Jeff Ross
Few understand that a weakening US dollar, rising global M2 monetary supply, and (finally) expanding manufacturing PMI (expected) is wildly bullish for #bitcoin price action in dollar terms. Said another way, life is about to get significantly cheaper for those wise people who are living on a Bitcoin stand
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Thomas
Dr. Jeff, why does domestic manufacturing cause an increase in Demand for Btc?
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