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The Fed is Slowing Down the Economy w/ Nik Bhatia

Bitcoin Magazine Podcast

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Bitcoin Layer - Is the Fed Really Able to Manoeuvre This?

At the end of a cycle, when you're going to recession, right before, you have inflation that's heating up. The fed is tightening monetary policy in response to that. What they're doing is going to drive the recessionary or contractionary environment. So we should never take the fed's economic projections at, at their face value. They are terrible at projecting one to two years out. Even though we could get it to ten % and we could even get it to last 12 months, i don't necessarily believe that's the path for another six to 12 months. That's all that they do. They conduct monetary policy. And people need to understand that the cycle is what matters

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