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Central banks debasing their currencies
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X @Raoul Pal
Raoul Pal· 2025-11-24 12:03
RT Julien Bittel, CFA (@BittelJulien)I wanted to give everyone something meaningful, a gift…This comes from Global Macro Investor (GMI) and a deep, long-running body of research developed by @RaoulGMI and myself.Many of you already know The Everything Code, which is our framework for understanding the macro landscape and why major central banks are debasing their currencies to manage aging demographics and overwhelming debt loads.I call this a gift because these four charts, while only scratching the surfac ...