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Green posits that by understanding where the market flows go, investors can position themselves better—akin to staying near the exit at a rowdy party. He further notes that as baby boomers retire, an inevitable imbalance could emerge in savings patterns, with withdrawals beginning to outpace contributions.
Bitcoin and Financial Innovation
The discussion took an intriguing turn when bitcoin and cryptocurrency were debated. Green, a skeptic of the "Bitcoin maximalist" viewpoint, highlighted the fundamental flaws in treating bitcoin—an asset with a fixed quantity—as a viable currency. He emphasizes the need for flexibility in economic policies, which hard-capped, decentralized currencies like bitcoin lack.