#425: Fiat Crisis with Balaji Srinivasan
TFTC: A Bitcoin Podcast
The SEC and CFTC's Political Calculation of Decisions
Democrats Republican are two different tribes right Democrat doesn't value Republicans in the same way as they do to other blues and increasingly vice versa so once you just have that one premise that blue is calculating the politics of every decision does it help blue or hurt gray or red. This multiplied across 20 different agencies is how you get something that looks like a coordinated attack against gray and red okay because the guy at the SEC now crucially there's sometimes door jams where the SEC guy and the CFTC guy are calculating blue interests and red and gray hurt but they're also calculating their own self-interest.
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