The Fed's Expectations for Inflation

Nik Bhatia is a financial researcher and Adjunct Professor of Finance and Business Economics at the University of Southern California Marshall School of Business, where he teaches Applied Finance in Fixed Income Securities. He is the author of the best-seller Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies. He currently writes The Bitcoin Layer, a research publication on Substack.

In this episode, he discusses the younger generation's interest in Bitcoin and digital assets. He also dives into monetary history and some of the most important takeaways.

Nik takes a global macro approach to Bitcoin analysis as a former bond trader and rates analyst. He expects the U.S. dollar “will remain King Dollar for decades to come.” Moreover, he thinks Bitcoin won’t break the dollar and will coexist with the dollar system.

0:00 Intro

3:00 Teaching at USC

7:00 Students embracing bitcoin

11:00 Monetary History

17:50 Views on the U.S. Dollar

23:29 Protecting yourself from a broken dollar system

31:00 Inflation and possible path for monetary policy