The Fed's $3 Trillion Problem | Maroon Macro & Joseph Wang
Forward Guidance
00:00
The Fed's $3 Twelfth Problem
The topic of today's discussion is the Fed's $3 trillion problem, talking about the $3 trillion roll off of its balance sheet that it has to do. Maroon Macro: I think we're going to have continuing in some relatively turbulent times like in the financial markets for the foreseeable future. Joseph Wang: The token every single second is always reprised. So you have these DeFi protocols that are, you know, yielding 300% in a currency that is itself depreciating every day.
Transcript
Play full episode
