The Senate Bill Coming to Kill Crypto w/ Peter Van Valkenburgh
Galaxy Brains
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Powell's Dovish Message and Market Reaction
This chapter discusses Powell's recent statements on interest rates, stating that they are done hiking and will be proactive about cutting rates. The market reacted positively to this dovish message, with the dollar selling off and assets like gold and Bitcoin performing well. The chapter also explores potential risks for re-inflation and mentions the disagreement with the Fed's current approach.
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