Bitcoin And Macroeconomics, IMF Warns Of Collapse

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In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I sat down for our first ever live stream as part of the new Bitcoin Magazine live show. Going forward, we will be recording live at approximately 2:00 p.m. Eastern Time every Tuesday. Come join us and as we get a hang of it, we might be able to answer live questions from the chat.

This week, we went on a whirlwind tour of macro economics. First, we listened and respond to three clips of Federal Reserve Chairman Jerome Powell’s testimony in front of Congress where he retired the term “transitory.” Next, we did a quick reading from an IMF blog post on the debt crisis in low-income countries. Third, we discussed the central bank of China, the PBoC, cutting its reserve requirement ratio (RRR) by 50 basis points (bps) and the default of Evergrande. Lastly, we riffed on bitcoin and covered several of our ongoing theses about macro and geopolitics, why we are bullish on the U.S. and bearish on Europe. It was a huge live show, I think you all will really enjoy this one.

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