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Crypto and gold regain appeal as worries about U.S. spending grow
The renewed focus on the so-called debasement trade comes amid investor concern about the size and cost of U.S. government spending.
CNBC reports that concerns about the size and the cost of U.S. government spending have revived interest in what investors sometimes call the debasement trade.
According to CNBC Markets and CNBC World, the renewed appetite is pushing crypto and gold back into focus as investors look for assets that may benefit if fiscal pressures weigh on the outlook for money.
The coverage frames the shift as a return to a trade that typically gains traction when markets worry about dilution through inflation or currency debasement linked to government deficits.
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