AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)
The "What is Money?" Show
The Fed and the Banking System Is a Tail
The banks are in real trouble right now. The capital constrained, they've suffered a lot of losses. They're trying to recapitalize. So the demand for loans plummeted. It did not matter that the Fed printed all of these reserves. And so we didn't see hyperinflation. We have seen inflation because that money gets directly in the economy.
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