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Why DeFi Will Overtake TradFi | Jim Bianco

Empire

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Is the Fed's Priority Changed?

A year ago when the last stimulus check went out a there was no inflation. The fed had a single focus on growth, keep the economy growing to create jobs. Now i think fundamentally the game is changed because of inflation. Forty percent of the country has less than a thousand dollars of savings and they rent. Those people are hurt. They want something done about it. And i think the fed here and the fete is going to do something about it.

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