In this episode, James and Felix discuss the latest Federal Reserve interest rate decision, the impact of quantitative easing & tightening, and the consequences of trillion-dollar annual deficits. We also delve into the repo market, why the Fed is disconnected from inflation, the role of hard assets like Bitcoin and gold, and much more. Enjoy!
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Timestamps:
(00:00) Introduction
(02:11) Unpacking The Fed Decision & Dual Mandate
(12:53) Quantitative Easing & Tightening
(18:24) 2019 Repo Spike & Dollar Shortage
(24:39) Trillion-Dollar Annual Deficits
(36:22) Advertisements
(37:36) Why The Fed is Disconnected from Inflation
(44:47) Is Bitcoin the Solution?
(48:46) Gold & Bitcoin As Stores of Value
(53:13) Permissionless Ad
(53:54) Bitcoin Use Case For Global Sovereigns
(58:58) Where to Follow James' Work
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Supply Shock 