The Wild West Crypto Show Preps for Dollar Inflation

This week, the Wild West Crypto Show continued its mission of informing, educating and alerting the crypto community about the latest developments in the space and the financial markets. With the Fed pumping close to $3 billion to shore up an economy devastated by the pandemic (http://ccw.fm/cS7cw), individuals and institutions alike are awash in cash, bumping up the national savings rate and raising the specter of inflation. That was one of the main discussion points during this week’s show.

According to hosts Drew Taylor and Brent Bates, the appearance of a “flight to safety” is not surprising. Along with the expected pressure on consumer prices, the developments in today’s market have driven up demand for traditional safe haven assets, such as precious metals, and some novel ones, notably cryptocurrencies, sending their prices and…

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