Weekly Roundup 05/13/22 (Terra collapses, FASB reconsiders Bitcoin accounting, the Fed's third mandate) (EP.318)
On The Brink with Castle Island
00:00
What's Your Thoughts on Powell Raising Rates?
David e so i wit, what do we have in terms of the news? I mean, basically, everything's sold off and we're all poor now. Maybe crypto went a little bit more aggressive because of this systemic issue with e terra but what's your just general sentiment on the right environment? Well, i don't know how effective raising rates will be, you know, 25 basis points at a time in order to deal with inflation. But it seems like part of their objective is actually to just reduce acid prices.
Play episode from 10:17
Transcript
