#654: The Fed Has Painted Itself Into a Corner with Michael Howell
TFTC: A Bitcoin Podcast
00:00
Navigating Fed Strategies and Market Dynamics
This chapter explores potential adjustments in the Federal Reserve's operations, focusing on average inflation targeting and the composition of its asset holdings. It emphasizes the complexities of liquidity management and yield curve strategies, highlighting the critical role of short-term debt instruments and the Treasury's increasing responsibilities. Additionally, the discussion draws parallels with Japan's economic challenges, addressing the risks the U.S. faces in maintaining its reputation as a safe asset amidst global pressures.
Transcript
Play full episode
