AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
ROLLUP: CZ Busted?! | Gensler Testifying Soon | SBF in More Trouble | War on Crypto Continues
Bankless
The Fed's Balance Sheet Has Grown Fast
2min Snip
00:00
Summary
Transcript
Episode notes
It took 215 years for the US to reach 7 trillion in debt. Then it took only 27 months, March 2020 to June 2022 to add another 7 trillion. He also finishes that tweet saying debt is not a bug of our credit based money system. It's actually a feature. I think he's saying central banks are kind of designed to do this. And so getting all of those four perspectives kind of, yeah. I feel closure on it anyway.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode