The Fed's Learning to Pull the Trigger Fast When Asset Prices Start Dropping

In 2008, the Fed learned that if we print a lot of money and call it a fancy name, quantitative easing, then when the economy crashes, like quickly we'll get asset prices back up. So they pulled the trigger very fast. And in COVID, they had that learning. So I know people are afraid that, oh, Bitcoin is going to go down for a long time. Well, just remember that the Fed has learned to pull that trigger really, really fast when assets start dropping. That makes me a little bit bullish. Yeah. Puppy school bullish for great reasons.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app