Wall Street Is Looking For New Ways to Play the Debasement Trade. Here's Why That's Bullish for Bitcoin.

Key Points Gold is the traditional asset to buy if you're worried about currency debasement. The price of Bitcoin, after a long period of behaving independently, is presently highly correlated with gold. Its scarcity means that it could also act as a hedge against dollar debasement. 10 stocks we like better than Bitcoin › In investment circles, over the last few years, there has been talk of the "debasement trade" -- investment opportunities that could do well if the U.S. government prints more money and allows inflation to run high. The conversation ebbs and flows depending on the latest run of economic data, and, in early September, it's back in vogue after a few quarters of quietude.