
Is the Fed Losing Control? W/ Matthew Mezinskis
What Bitcoin Did
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Monetary Complexities and Bitcoin's Future
This chapter explores the intricacies of the total money supply in the U.S., detailing M1, M2, and M3 categories and the implications of the Fed's discontinuation of M3 publication. It analyzes the impact of increasing leverage within the banking system and the relationship between monetary policy and inflation, especially in the wake of the financial crisis and COVID-19. Additionally, the chapter compares Bitcoin to traditional assets like gold and discusses the Fed's precarious position regarding interest rates and liquidity management.
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