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BCB078_CROESUS (Jesse Myers): The First 1% of Bitcoin Adoption

Blue Collar Bitcoin

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Is the Fed Going to Do What Volcker Did?

Since sometime in the 1800s, 50 out of 51 times debt to GDP has gotten above 100%. And one exception is Japan and they are circling the drain right now. So we're in that zone and yet we're hiking rates aggressively. It can't last. How long will it take for them to realize that we're running the risk of full-on depression if we keep this up? I don't know. To an extent that it's silly to guess because it's not rooted in logic. It's rooted in the beliefs of a few shaman at the Fed. Or when they watched the credit markets completely seize up would be my guess. But again, guessing when that's going to

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