2min chapter

The Café Bitcoin Podcast cover image

Swan Private Macro Friday with Steven Lubka, John Haar, TXMC and Joe Carlasare + AI4ALL Hackathon with Kody Low and Fedi - July 28th, 2023

The Café Bitcoin Podcast

CHAPTER

The Hypothetical Example of COVID

There's just an increase in prices due to a truly exogenous event. I think COVID is a little different than that hypothetical example because there was the QE and the manipulated interest rates lowered to begin with. So we're talking about intervening, why would a central bank raise rates when Saudi Arabia was bombed? What if the whole global economy shut down, why would they not intervene? It's kind of the exact end in the yank.

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