TFTC: A Bitcoin Podcast cover image

#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

CHAPTER

The Fed Lies About Inflation

The establishment lured banks into binging on bonds, writes Julian Zelizer. The treasuries also implicitly admitted this too with the introduction of the buyback program next year and there's not going to be demand here we go he says. "Every institution that bet big on us government bonds in mid 2021 is a dead man walking to first order depending on how big a position they took"

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