Monetary Liquidity
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CoinDesk· 2025-11-03 16:13
RT Omkar Godbole, MMS Finance, CMT (@godbole17)I doubt it will be everything rally like the mindless 2020-21 alt season.A select few alts could go berserk lifting total alt valuation but that too seems difficult given we are in an era of fiscal dominance. Here is why2020-21 cycleRates were near zero, QE was massive, alongside cash handouts, injected broad-based liquidityThat caused a classic Cantillon effect — early receivers of new money (financial markets, asset holders) saw prices surge across the board: ...