Market, Economy, and Cycles, Part 2

In the previous article, we gave an overview of the emergence of crisis. Next, we will further illustrate how cycles should be dealt with in light of Ray Dalio’s analysis of the economic system, thereby evaluating the value of BTC from a more holistic perspective. Ray Dalio’s Analysis of the Economic System In “How the Economic Machine Works”, Ray Dalio simply but profoundly analyzed the operation of the economy from the perspective of Keynesianism. His analysis is actually an observation of the U.S. national conditions – that is, the Federal Reserve, in essence, regulates the liquidity of the entire economy…...