The Fed Is More Trapped Than Most Traditional Commentators Think

i'm looking forward to meeting alex epstein. He'll be at pacific bit coin o so listeners, check that out. i think there's this traditional view where the fed can kind of do whatever they want. But what they don't take into account is the debt we are at. The challenge of raising interest rates is spending goes up and tax receipts go down. And at a certain point, the us. Can't pay its bills.