#429: Is The Inflation Problem Really Solved? with Luke Gromen
TFTC: A Bitcoin Podcast
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The Fed's Options in the Banking Crisis
The big question right now is how many deposits have fled in Q2, which will only be surfaced when financials come out at the end of the month. And that creates a big problem because you have run, you have people with billion dollar accounts just running. So why did the Fed change those regulations in 2020? Because it was a US fiscal crisis. It was the latest symptom. This whole thing goes back 10 years to when foreign central banks stopped buying Treasuries on net. They haven't bought a treasury on net in 10 years. Inflation picked up. Now we got to either, we either, we don't think these banks are fooling us or they're tricking
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