In 2021-2022 when the Fed tightened, Wall Street declined 25% and Bitcoin fell 75%, demonstrating the asymmetric impact of tightening cycles on different asset classes.
factualpending
Speaker
Michael HowellEvidence Quote
“What happened in 2021-22 when the Fed tightened was that Wall Street fell 25% and Bitcoin went down 75%.”
Source
Massive Liquidity Shock Coming; Brace For 'Wrecking Ball' Warns Economist | Michael Howell— David LinCreated: 8/12/2026, 6:46:58 PM
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