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"The Implications of Open Monetary and Information Networks" with Lyn Alden - March 27th, 2023

The Café Bitcoin Podcast

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The Fed Balance Sheet Is Growing by Almost $390 Billion Just in Two Weeks

I'm less worried about it than I was for credit Swiss. The challenge with European Union in general, the Eurozone specifically, is that they have a monetary union without a fiscal union. They have kind of a more complicated set of incentives to manage. Plus, there's tons of debt, not great demographics, a lot of legacy issues build up in the different countries as they entered the Eurozone. If it were to happen in the coming months, I would not be surprised to see Deutsche Bank go with similar route that Credit Swiss did. But it's not my base case the way it was Credit Swiss.

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