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Dan Tapiero: Recent Fed rate hike was unnecessary as AI drives deflation

Dan Tapiero: Recent Fed rate hike was unnecessary as AI drives deflation
Dan Tapiero questions need for Fed hike

Dan Tapiero, Dan Tapiero, stated that the recent Federal Reserve rate hike was unnecessary, citing artificial intelligence as the most significant deflationary force in history.

He added that, given substantial liquidity destruction in recent weeks, no further rate hikes are likely.

Earlier this year, Dan Tapiero maintained that a BTC price of 100k remained achievable, citing ongoing focus on AI among other factors in his outlook here. Tapiero has also shared commentary from Anthony Pompliano suggesting that token prices could trend to zero here. These comments reflect Tapiero’s recent attention to developments in both cryptocurrency and technology sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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