What Bitcoin Did THE FED CAN’T SAVE THE ECONOMY w/ Jeff Snider
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Mar 12, 2025 
Jeff Snider, a macro analyst and host of Eurodollar University, shares his insights on the limitations of the Federal Reserve's control over the economy. He discusses the complexities of money creation and challenges the notion that inflation is merely a byproduct of money printing. The conversation delves into the discrepancies between optimistic economic indicators and everyday realities, the impact of tariffs, and the misunderstood dynamics of interest rates on risk assets. Snider also explores the future of Bitcoin in relation to traditional financial systems.
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Central Bank Illusion
- Central banks control the economic narrative, creating an illusion of power.
- Their influence is primarily through signaling and sentiment, not actual monetary policy.
Fed's Focus on Signaling
- The Fed avoids discussing money because they primarily focus on interest rate policies, not monetary policies.
- Their signaling aims to influence sentiment and create a perception of helpful intervention.
Interest Rate Fallacy
- Interest rates are often misinterpreted, with lower rates being associated with stimulus despite not benefiting banks' lending.
- Historically, lower rates correlate with deflationary periods, contrary to common belief.