In this episode, Joseph Wang and Austin Campbell join the show to discuss their overview of macro after the latest FOMC meeting, the EM-ification of the United States, and how stablecoins play into the continuation of US dollar hegemony. We also delve into support for stablecoin legislation, the case against the Strategic Bitcoin Reserve & US sovereign wealth fund, and more. Enjoy!
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Timestamps:
(00:00) Introduction
(00:11) Macro & Crypto Colliding
(01:09) Overview of Macro and FOMC Meeting
(04:25) US EM-ification
(09:39) Ledger Ad
(10:23) What is Good Fiscal & Monetary Policy?
(13:55) Stablecoins and US Treasury Demand
(19:01) Stablecoin Legislation
(23:44) Reinventing Money Market Funds
(24:29) Ledger Ad
(32:58) Strategic Bitcoin Reserve & Sovereign Wealth Fund
(36:54) Final Thoughts
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
