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Podcast: Raoul Pal: The Journey Man
Episode: How Does Japan's Deflation Explain Crypto's Rise?
Description: Persistent deflationary forces in Japan have puzzled economists for decades. Takaaki Kato, the Japan-based executive director and head of sales/trading for BitFlyer, doesnâknow how long into the future present conditions will sustain. But he does see potential instability for the Japanese yen. Also a fiat currency bear, Kato perceives in Japanâs set of problems major tailwinds for crypto adoption. Kato tells Real Visionâs Ash Bennington that President Joe Bidenâs executive order directing a âwhole of governmentâ approach to U.S. crypto policy will usher in a bifurcated era of the regulated and the unregulated. Those crypto...