TrueAnon Episode 487: Money Never Sleeps
30 snips
Sep 4, 2025 
Joe Weisenthal, co-host of Bloomberg's Odd Lots podcast, dives into the politicization of the Fed and its impact on the economy. He candidly discusses the absurdities of American financial trends, from AI's potential for stagflation to the geopolitical tensions affecting central banking. The conversation also touches on New York's job market challenges and the slow adoption of blockchain technology. With humor and insight, he reflects on how these elements intertwine to shape today’s economic landscape.
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Jackson Hole's End-Of-Era Surrealism
- Jackson Hole feels surreal because it operates on a political era that may be ending.
- Joe Weisenthal argues the conference's insulated technocratic culture clashes with rising political attacks on Fed independence.
Credibility Depends On Politics
- Central bank 'credibility' is crucial but fragile when politics shifts.
- Weisenthal warns politicization can undermine the Fed's perceived tool effectiveness.
2008 Made The Fed Politicized
- The 2008 crisis exposed the Fed's extraordinary backstop powers to the public.
- That exposure invites more political pressure and calls for accountability, Weisenthal says.
