Goldman Sachs’ latest client conference call will include a subject that Wall Street has either long derided or shrugged off: Bitcoin.
Per an invitation to investors, the investment bank is holding a client call on “US Economic Outlook & “Implications of Current Policies for Inflation, Gold and Bitcoin.” The conference call, set for May 27 at 10:30am EST, is the fifteenth in a series on macro economic and financial trends.
Sharmin Mossavar-Rhami, a Chief Investment Officer at Goldman, will host the call alongside Jason Furman, an economics professor at the Harvard Kennedy Business school and Jan Hatzius, a Chief Economist and Head of Global Research at Goldman Sachs.
In 2018, Mossavar-Rhami said that he saw no value in Bitcoin or other cryptocurrencies.
The invitation did not reveal any further information on the contents of the call outside of the headline. Per this title, though, the call’s ostensible aim is to discuss how current central bank policy and the risk of monetary inflation could impact assets like Bitcoin and gold. In 2020, the Federal Reserve has printed over $3 trillion through a mixture of QE and fiscal programs like the Cares Act, expanding its balance sheet nearly two fold in the first quarter of the new decade alone. (Other central banks around the world are taking similar actions). This backdrop, hard money advocates argue, has set the stage for inflation; a climate that scarce assets like bitcoin and gold should thrive in.
Thriller Crypto provides daily coverage of the Bitcoin and Crypto industry. Providing independent research, analysis and reporting at the cutting edge of technology and finance. Now more than ever people are finding out that traditional markets are no longer a safe haven to invest. More and more people are moving to new emerging digital assets to invest long term into the future. Thriller Crypto provides all the information you would need to make a careful and thoughtful investment in today’s future markets.
Subscriber support is a major portion of the Thriller Crypto revenue stream. If you enjoy seeing the free content we post to Thriller Crypto, subscribing is the best way to keep the content flowing.
We offer subscriptions in recurring monthly and annual increments. You can even give subscriptions as a gift. Perfect for the Bitcoin, Crypto investor in your family.
We also now accept Crypto or Bitcoin as payment for 20% off the yearly price.
Also feel free to share this episode with others who might find this information important to navigate the Bitcoin and Crypto space.
“Thriller Crypto” podcast has been around since early 2017 with over 330 bitcoin & crypto episodes broadcasting to over 160 countries. You can listen to all the latest episodes at ThrillerX.com
We have created ThrillerX ($TLX) to provide social currency to longtime supporters and new investors who are looking to get involved early with what we’re building here at Thriller Crypto. Read more here and claim your free TLX here. Thanks for supporting independent media.
Roll the Disclaimer: Nothing in this email is intended to serve as individual financial advice. DYOR - (Do your own research)
Journalism's codes of ethics are intended to ensure reliability of reported information by defining acceptable practices; and provide guidelines about circumstances to avoid that could interfere with, or appear to interfere with, the reliability of reported information. Read ours here: Ethics Statement