Heritage Foundation think tank economist Peter St Onge says that economic stagnation and high inflation could positively impact Bitcoin (BTC) and gold.
In a new interview on Kitco News, the economist says that periods of stagflation have traditionally “been very, very good for hard assets.”
A period of stagflation is characterized by high or rising inflation rates, slowing economic growth, and high unemployment levels.
“I would be surprised if Bitcoin didn’t go up a lot if we get into…
