In this week's episode, Mark and I covered two topics: Biden's execurive order on crypto, and inflation data. We kicked things off with the Biden's executive order. We covered what it actually is, what it isn't, and which agencies the order referred to.
After that, we took a deep dive into February's inflation print. We also took a look at the rising cost of oil and how that impacts economies. Mark gave us a bit of a history lesson in terms by comparing today's oil shock with the one from the 1970s.
We also took a look at what the Fed is likely to do when faced with two opposing forces: financing conflict and facing down a possible recession and searing hot inflation.
For our thoughts on that last issue, you'll have to tune into the episode.
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