Powell's Base Case for Lowering Interest Rates in 2023

Natalie Portman: What's to stop Powell from being forced again and maybe quantitative easing when let's say like the debt ceiling impasse passes. She says he'll have to talk the market into this unless something systemic happens, unless Yellen has to go out and refill the nation's checking account. Portman: But will it matter at that point, are we going to have anything inflationary? "Here comes a global pandemic."

Play episode from 36:21

chevron_right

Transcript

chevron_right

Transcript

Episode notes

Danielle DiMartino Booth's Banking Crisis Opus: Too Small to Not Fail

Danielle DiMartino Booth is CEO and Chief Strategist for Quill Intelligence LLC, an independent research firm. She spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. DiMartino Booth's work at the Fed focused on financial stability and the efficacy of unconventional monetary policy. She earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

In this episode we discuss:

-How does U.S. banking system work?

-Banking crisis and the Fed stepping in with BTFP

-Is the recent turmoil system and similar to '08-'09 GFC?

-Is the recent government intervention QE?

-Will Fed Chair Jerome Powell pivot and go back to ZIRP?

-Credit risk in Commercial Real Estate sector

-Economy decelerating toward recession

-Will hard landing/severe recession spur more fiscal stimulus/CBDCs and UBI?

-How to financially plan in this economy

--------------------------------------------------

Follow Danielle on Twitter https://twitter.com/DiMartinoBooth

IN THIS EPISODE:

Coin Stories is powered by Swan Bitcoin the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases. Swan serves clients of any size, from $10 to $10M+. Visit https://www.swanbitcoin.com/nataliebrunell for $10 in Bitcoin when you sign up. If you are planning to buy more than $100,000 of Bitcoin over the next year, the Swan Private team can help.

BITCOIN 2023 by Bitcoin Magazine will be the biggest Bitcoin event in history May 18-20 in Miami Beach. Speakers include Michael Saylor, Lyn Alden and Michelle Phan, plus a Day 3 music festival. Nearly 30,000 people attended Bitcoin 2022. Get an early bird pass at a steep discount at https://b.tc/conference code HODL for 10% off your pass.

Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with Fold's Bitcoin cash back debit card, and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats!

Health insurance needs an overhaul. The government and insurance companies have jacked the price, increased complexity, and made insurance almost unusable. You send your money to the health insurance black hole and never see it again. Then, when you get hurt you have to send them more money. The great news is now you have an alternative: CrowdHealth. It's totally different from insurance. Instead of sending your hard earned money to an insurance company, you hold your money in an account CrowdHealth helps you set up when you join. You can even convert dollars in that account into Bitcoin. When someone in the community has a health need, you help them out directly and if there is Bitcoin or $ left over in your account when you leave, you take it with you. https://www.joincrowdhealth.com/natalie

With iTrustCapital you can invest in crypto without worrying about taxes or fees, through an individual retirement account. IRAs are tax-sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is it's totally free to open an account, it's FDIC insured and there are no hidden fees, monthly subscriptions or membership fees. Get a $100 funding bonus if you open and fund an account. Go to https://itrust.capital/nataliebrunell to learn more and open a free account. iTrust IRAs are FDIC insured up to $250,000.

OTHER RESOURCES

- Natalie's website https://talkingbitcoin.com/

- Quill Intelligence https://quillintelligence.com/

⏤ ⏤ ⏤

VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS

Strike ID https://strike.me/coinstoriesnat/

Cash App $CoinStories

BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d

⏤ ⏤ ⏤

FOLLOW NATALIE ON SOCIAL MEDIA

Twitter https://twitter.com/natbrunell

Instagram https://www.instagram.com/nataliebrunell