Nobel Laureate in Economics: Bitcoin is worthless, gold is ‘terrible’ inflation hedge – Eugene Fama

Eugene Fama, Professor of Finance at the University of Chicago and the 2013 Nobel Prize laureate in Economics, discussed the efficient market hypothesis, and its implications for stocks, gold, and Bitcoin. He also spoke about inflation and the greatest risks to the world economy with David Lin, Anchor and Producer at Kitco News.

0:00 – Efficient Market Hypothesis
7:36 – Can you beat the market?
12:04 – Asset pricing
17:44 – Asset management
20:02 – Black Swan events
21:05 – Bitcoin
26:16 – Gold
27:00 – Inflation
32:38 – The U.S. Dollar
34:07 – Central Bank Digital Currency
37:07 – Biggest risks to economy
40:14 – Career advice

#investing #bitcoin #economy
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