With the Federal Reserve now openly warning of stagflation, Bitcoin is rapidly emerging as a preferred option for investors seeking insulation from mounting economic stress. Senior wealth managers are telling us that they expect rises in US consumer prices, coupled with weakening labor and investment data, signalling that the US is now firmly in stagflation — a term used to describe the rare and dangerous combination of persistent inflation, low growth, and rising unemployment. When central banks start using the word publicly, it confirms what markets are already feeling, and in this environment, Bitcoin becomes a ... (full story)