The Game Theory of Bitcoin Adoption with George Gammon (WiM280)
The "What is Money?" Show
00:00
The Cantalon Effect Is a Form of Voter Fraud
The Fed's QE has an inverse relationship with its intended effect on the long end of the curve. Whoever is closest to the money spigot with government spending, those are the ones that are really going to benefit - regardless of what the Fed is doing. So I think psychologically, the Fed would impact that phenomenon, but I don't think mechanically they would.
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