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Analyzing Bitcoin w/ Sam Callahan

Bitcoin Magazine Podcast

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Why Does the Fed Exist?

The markets have very much taken control over these rate hikes, it seems. I genuinely think that that has been correct every single meeting this year. The Fed really does look at the markets like there's an ongoing joke and they immediately go back to their Bloomberg terminals and look at how they're reacting. And when really it's not really part of their mandate, but you could say it's a shadow third mandate.

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