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Bitcoin was Made for This & Swan Private Macro Friday - March 17th, 2023
The Café Bitcoin Podcast
Is Jerome Powell a Money Manager?
The parties themselves enabled this behavior. Jerome Powell was on the House Committee for Monetary Policy eight days ago, and he's telling them, you guys need to fix your budget behavior. You need to stop spending money because you're creating these incentives. And their incentives as senators and legislators is to spend money. That's how they get elected. They make promises and they have to show them by reaching out their own spot on the budget and creating more and more spending. that's the original creation of the deficit and why we're in such a position now.
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