The Part Time Economist

Trump, Biden, and Crypto in 2020


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As the controversy surrounding the 2020 US election drags on, many questions remain. Will the results be contested in the Supreme Court, will Donald Trump concede, or will there be a recount? Just as importantly, what will a Biden (or Trump) presidency mean for cryptocurrency investments? In this article, I'd like to make the case that cryptocurrency prices are largely determined by monetary and fiscal policy, which remains relatively stable regardless of the current president, and that cryptocurrency prices will continue to appreciate regardless of who eventually is declared the victor of the 2020 election. *Not financial advice

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The Part Time EconomistBy Part Time Economist