Coin Stories cover image

Luke Gromen: Fed Dilemma & Bitcoin as a Neutral Reserve Asset

Coin Stories

00:00

What Do You Think of Next Year's Inflation Rates?

Powell: Government's big three expenditures, treasury spending its entitlements, its defense were after covet a hundred and forty % tax receipts. He says it took 11% nominal gDP growth to get what we call true interest expense - just entitlement paygoes plus treasury spending below tax receipts. So the point of that tweet is that basically, powell needs this inflation. And so then you're going to be faced with a situation wirh the feds going to have to begin, stop with t stop with the interest rate hikes, cut interest rates," he said.

Play episode from 27:22
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app