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Fiscal Challenges and Monetary Policy Insights
This chapter explores the roles of Janet Yellen and Jerome Powell in navigating the U.S. economy, particularly in light of the staggering $35 trillion national debt. The discussion highlights the potential for monetary expansion to address fiscal dominance and the implications for asset markets, especially Bitcoin. It further examines the evolving landscape of global finance, emphasizing changes in investment behavior and the declining status of U.S. Treasuries as a World Reserve asset.