Pivot Fed cuts interest rates (and banks lobby for deregulation), Facebook’s Libra fades… Dorsey’s next move and moments of happiness
Mar 6, 2020
The hosts dive into the Federal Reserve's interest rate cuts and the banking sector's push for deregulation amidst the pandemic's economic impact. They dissect the struggles of Facebook's Libra cryptocurrency and its redesigns, reflecting on broader challenges faced by the crypto market. An intriguing listener mail segment reveals insights into data privacy issues with online therapy apps. The conversation ventures into predictions about Jack Dorsey’s future with Twitter, sparking lively disagreements, all while sprinkling in personal moments of happiness.
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Presidential Qualities
- Presidential elections should not be about debates or fundraising, but about building coalitions and handling crises.
- Joe Biden's potential cabinet demonstrates the strength of his coalition and ability to lead in times of crisis.
Media Influence
- Kara Swisher's mother, influenced by Fox News, believes Joe Biden is addled.
- This highlights the media's role in shaping public perception, especially among older viewers.
COVID-19 and Economy
- The COVID-19 pandemic and its economic impact are major political issues.
- The Fed's emergency rate cut and banks' lobbying for deregulation highlight the economic instability.