The rationale is that in reaction to the Great Recession of 2008 and the malaise of a recovery that ensued, central banks drove interest rates to zero and below. Meanwhile, governments printed fiat debt to levels that could never be repaid, let alone serviced should interest rates rise meaningfully. Investors would need to move capital aggressively out of fixed income and into stocks, real estate, safe haven commodities such as gold and silver, and other alternative assets such as private equity, venture capital, collectables such as art and fine wine, and cryptocurrencies, specifically bitcoin, in order to find alpha.
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