AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Strategy, Capital, and Bitcoin with Mike Alfred (WiM113)
The "What is Money?" Show
I Love the Cross Over
Central banking is doing in a nutshell what Wright were turin a paper over all these economic errors, verses, lighting the market. It's something that i think most people just don't want to believeat they want to believe that there's this animal spirits, righter therthe sort of a magical properties of kets that cause down turns and recessions. And it doesn't workon no, it's illusory. They're not actually making us wealthier. No. The negative feedback loops are actually healthy. These a, you know,These market cycles like we're seeing now, that are artificially elongated by the fet are actually not healthy because they incentivize risk taking behavior.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode