ROLLUP: Coinbase Layoffs + Macro Update | Good & Bad NFT Launches | AWS goes Web3 | #137
The Milk Road Show
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Inflation's Already Starting to Come Down
Inflation is starting to go back down and it's starting to go fast. As inflation starts to go down, the Fed doesn't have to have interest rates as high. There's so much debt in this economy that we can't have interest rates at this height for much longer. We're probably going to see more cuts across crypto and other tech. But yeah, big takeaway here is this is not a crypto thing specifically. It's more of just the way the macro world is going. And it's just part of the cycle.
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