AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
NOT A DRILL! Balaji Bets the Dollar will Hyperinflate to Zero
Bankless
What's the Incentive of Central Banks and Regulators?
If the entire system is going bust, and you have been handed a flaming bag of dog poop, how do they stick it with somebody without getting blamed? The only defense I can make is while certainly the mismanagement of the last few years has been historical, the debts of the SUV are building up for a long time. So there's always incentive to kick the can. And by the way, this is just the most extreme version of something that's always happened, where often regulators cause a problem and then it blows up in public. Then what happens is more failure, more funding. Every, you know, it has an incentive to either cause or turn something into a crisis because then it
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode