BREAKDOWN: The End of an Era? Why Bitcoin and MMT Won the Week

BREAKDOWN: The End of an Era? Why Bitcoin and MMT Won the Week

Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. On The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing. At the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side, Bitcoin on the other – that are attracting people for a different vision of the future. This week on The Breakdown: Monday | How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze Tuesday | An Unintended Consequence of Low Interest Rates? The Big Get Bigger Wednesday | The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes Thursday | Everything You Need to Know About Jerome Powell’s Jackson Hole Speech Friday | The Anxiety Index: 4 Fear Factors Shaping the Economy See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Japan's Megabanks Plan a Joint Yen Stablecoin | CoinDesk Daily

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Real estate mogul Grant Cardone made his Consensus mainstage debut to explain the unconventional investment strategy he's been building for the past 17 months: fusing Bitcoin directly into large-scale...

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SBF Asks Trump for a Presidential Pardon | CoinDesk Daily

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SBF asks for a presidential pardon. Sam Bankman-Fried formally filed a clemency application asking President Trump for a pardon while serving his 25-year sentence. Trump told The New York Times in Ja...

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Markets are ripping as Bitcoin miners pivot to AI infrastructure. We cover AWS rumors, Galaxy Digital's surge, Michael Saylor's latest multi-million Bitcoin buy, the Texas 4CP mining curtailment, and ...

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