MI Rewind: Could This Time Truly Be Different? NFTs, Macro, Crypto, Bitcoin w/ Raoul Pal
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is Our Printer Printing Money?
The central bank will tell you they're not printing money. But in effect, the federal reserve is calling round all these assen management firms saying, he listen, we want to buy a billion dollars of bonds to day. Whati got to sell? So then people buy them at pushes the price of bonds up or yields down. People sell them to the fed, and the fed hold them on their balance sheet, and they give them money instead that they've just created. That's what mumetary printing is.
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