According to the expert, the unsecured liquidity on the part of the US Federal Reserve is nothing more than the money of future generations. “In the long run, it will not lead to anything good. We borrow from our future. This is the money of our children, future generations, but we spend it today to support our lifestyle and maintain previous incomes. It turns out that we will leave only a debt burden to our children. ”
Mashinsky believes that the “coronavirus crisis” has forever changed the global economy. “The Crown Crisis has become the trigger for the collapse of financial bubbles. This means that our economy has changed forever. Not all beneficiaries in the past will become such in the future. ”
Given the current situation in the world, the expert began to advise more to keep his capital in gold and bitcoin. He considers it reasonable to have 25% gold and 5% bitcoin in the investment portfolio.