3min chapter

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#1165 Dylan LeClair On Bitcoin, Nostr, Ordinals, Regulation, & The Fed

The Pomp Podcast

CHAPTER

Is Jerome Powell in the Fed Versus the Service Industry?

I think that two tiered economy thing is very, very true. I still think we're due for some form of broad economic downturn. The only really way out is to kind of let this inflation run hot for a sustained period of time. They laid out the playbook. They're like, all right, we need to devalue this debt. We're going to let inflation run hot. If you look at what they said in 2020, they're like, we need inflation hot. Inflation came hot, right? Got hotter and hotter.

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