Hosted by crypto analyst Marcel Pechman, Macro Markets airs each Friday on Cointelegraph Markets & Analysis’s YouTube channel and explains advanced ideas in layman’s phrases, specializing in the trigger and impact of conventional monetary occasions on day-to-day crypto exercise.
As we speak’s present begins with a dialogue financial disaster in Argentina, a Latin American nation experiencing hyperinflation. After years of populist measures, its native foreign money, the peso, has depreciated by 70 % in two years. Extra authorities spending has created one other drawback: the federal government and companies are operating out of US {dollars} to pay for imports and remittances. However what does this imply for the US greenback, (BTC) and gold?
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