Is the Federal Reserve Really a Rock or a Hard Place?

The federal reserve is between a rock and a hard place, because of how much debt is in the system. What's on the other side of that point of no return? Nobody really knows. And soi'm so happy that bitcoine came along, because it gives us something to fall back on if the absolute worst, heaven forbid, happens.

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Cynthia Lummis is a United States Senator from Wyoming. The conservative Republican was sworn in to the Senate in 2021, and is on the Banking Committee, which has oversight over the SEC. She previously served in the House of Representatives from 2009-2016, spent 14 years in the Wyoming House and Senate, and eight years as Wyoming State Treasurer. Cynthia is a three-time graduate of the University of Wyoming in animal science, biology and law. She and New York Democratic Senator Kirsten Gillibrand have introduced the Responsible Financial Innovation Act. The bipartisan legislation aims to create a regulatory framework for the digital asset and blockchain industries.

Follow Cynthia on Twitter https://twitter.com/CynthiaMLummis

This episode was filmed by Swan Studios in partnership with the Hard Money Show at BitBlockBoom in Austin, Texas. Watch the full video here: https://youtu.be/WIcNNXKfQY8

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OTHER RESOURCES

- Natalie's website https://talkingbitcoin.com/

- Cynthia Lummis https://www.lummis.senate.gov/about-cynthia/

- Responsible Financial Innovation Act https://bit.ly/3QSKx2l

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