Growing fiscal concerns in some of the world\u2019s biggest economies are adding momentum to a so-called \u201cdebasement trade,\u201d as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies. <\/p>\n
The yen tumbled<\/a> on Monday as pro-stimulus lawmaker Sanae Takaichi was set to become Japan\u2019s next prime minister. The dollar<\/a>, which has weakened about 30% against Bitcoin this year, remains under pressure as the US government shutdown<\/a> drags on. The euro has its own problems with fresh political<\/a> uncertainty brewing in France. <\/p>\n","protected":false},"excerpt":{"rendered":"Growing fiscal concerns in some of the world\u2019s biggest economies are adding momentum to a so-called \u201cdebasement trade,\u201d…\n","protected":false},"author":2,"featured_media":204483,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[29014,931,28,18936,13497,104985,98720,2420,3471,33943,112,111,107],"class_list":{"0":"post-204482","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-alternative-investments","9":"tag-bitcoin","10":"tag-business","11":"tag-cryptocurrencies","12":"tag-euro-spot","13":"tag-generic-1st-gc-future","14":"tag-generic-1st-si-future","15":"tag-government","16":"tag-japan","17":"tag-japanese-yen-spot","18":"tag-markets","19":"tag-politics","20":"tag-us-dollar-spot"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/204482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=204482"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/204482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/204483"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=204482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=204482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=204482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}