Tag: jackson hole

Bessent’s Regime Shift Clears the Way for Bitcoin to $1m

The US national debt has passed $40tn, the 30-year yield has breached the pain threshold, and Scott Bessent has begun buying time in the bond market. As Washington shifts from trying to reduce the deficit to controlling the interest rate on its debt, a monetary regime change is taking shape. It could mark the start of bitcoin’s journey towards $1m.