Edge
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Edge

The Geopolitics of Bitcoin

At the end of our previous article about inflation, we briefly discussed Ray Dalio’s theory of the Long Term Debt Cycle (LTDC). In short, the LTDC is the monetary epoch and system underpinning the more regularly recurring short-term debt cycles also known as business cycles. The short-term debt cycles are the normal ups and downs experienced during a beginning phase of credit and business expansion followed by a contraction which in total…

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