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BTC092: Bitcoin Energy & Custody w/ Parker Lewis & Will Cole (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Bitcoin and the Fed Balance Sheet
The size of the Fed's balance sheet is really what dictates dollar interest rates more than short-term interest rates. And so that, truthfully, is the whole reason why Bitcoin exists and that when we look forward to what might come in the broader financial markets. The Fed printed $5 trillion in the last two years; it's a rounding error. But I don't believe they're going to be able to drain a lot of dollars out without breaking the system.
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