5min chapter

Coin Stories with Natalie Brunell cover image

Luke Gromen & Preston Pysh: Macro + Bitcoin Outlook for 2023 - "Mild Recession Not an Option"

Coin Stories with Natalie Brunell

CHAPTER

Powell Says Liquidity Is Tightened

The last time we heard from Powell he said that conditions have tightened, but conditions are very loose right now. The treasury increasing their borrowing in the first quarter and tax receipts falling. Why else would they be borrowing more? So things are not as rosy as they seem with how Powell is trying to paint them. But I think there's a little bit of that going on.

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