Michael Howell & Raoul Pal: Liquidity Cycle Masterclass

🔥 TOKEN2049: Grab your tickets at dubai.token2049.com with promo code REALVISION for an exclusive 10% off—only while tickets last 🔥 See what your Bitcoin can do for you. Go to https://ledn.io/borrowing to get the funds you need while keeping the assets you love. 🔥 *Use code "realvision15" to get 15% OFF tickets for Consensus 2025 in Hong Kong:* https://coindesk.com/consensus-hk. 🔥 *Get my FREE report + 30 days of access to my research service The Exponentialist* https://rvtv.io/40wvAe5. Raoul Pal welcomes Michael Howell, CEO and managing director of CrossBorder Capital, back to Real Vision to explore the geopolitical and economic forces shaping the U.S. dollar, the implications of China's potential stimulus, and how investors can sidestep macro landmines using assets like crypto, gold, and equities as hedges against monetary inflation. Recorded on January 20, 2025. 📣 This episode is sponsored by TOKEN2049. Join 15,000 attendees and over 200 exhibitors from 30 April to 1 May at TOKEN2049 Dubai, the premier crypto event of the year. Raoul Pal and over 200 leading voices in crypto will take the stage, as TOKEN2049 takes over the majestic Madinat Jumeirah in Dubai. Be part of two days of unparalleled networking, groundbreaking insights, and truly immersive experiences you won’t want to miss. With over 500 side events, Dubai will be the industry’s focal point—and the place to be for everyone in crypto this April. 👉 Grab your tickets at dubai.token2049.com with promo code REALVISION for an exclusive 10% off—only while tickets last 📣 This episode is brought to you by Bitwise Asset Management. Bitwise has been all-in on crypto since 2017 and has more than 20 crypto-based products to help investors get the access they need. Bitwise manages the world’s largest crypto index fund, one of the top Bitcoin ETFs, and one of the largest institutional Ethereum staking solutions. Bitwise has over $10 billion in assets under management and over 100 people in the US and Europe to help manage everything from ETFs to private alpha strategies to SMAs for large investors. 👉 Check out Bitwise at https://bitwiseinvestments.com and let them know that Real Vision mentioned them. Carefully consider the extreme risks associated with crypto before investing. 📣 This episode is brought to you thank you to Consensus. Crypto’s most influential event is coming to Asia. Consensus Hong Kong 2025—the #1 destination for dealflow—will take place February 18-20. Curated by CoinDesk, this event brings together global leaders, innovators, investors, and brands in the heart of Asia’s financial hub. With unparalleled networking opportunities and exclusive access to top decision-makers, Consensus Hong Kong is where partnerships are forged, deals are secured, and the future of digital assets is shaped. Whether you're an investor, founder, or executive, this is your chance to connect with the biggest names in the industry and make valuable connections that will drive your business forward. 👉 Don't miss your chance to be at the center of the Web3 movement. Take 15% off your registration with code REALVISION15. Register now at coindesk.com/consensus-hk to secure your spot and be part of the conversations shaping the future of crypto and digital assets. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices