BREAKDOWN: Why the U.S.' $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws

BREAKDOWN: Why the U.S.' $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws

CoinDesk’s Chief Content Officer Michael Casey and Head of Research Noelle Acheson join for a lively debate about the new $2 trillion stimulus package and era of “unlimited” QE, including: Whether (and on what time scale) fiscal and monetary stimulus might lead to inflation Whether the Fed buying corporate bonds amounts to a nationalization of the bond markets Why the appearance of a ‘digital dollar’ in an earlier stimulus proposal was a huge surprise How a digital dollar in the form proposed would upset the balance of power between the Fed, commercial banks, and citizens Why trust in governments and financial institutions is likely to achieve new lows in the wake of COVID-19 Why people are reevaluating the meaning and purpose of money See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(3944)

BREAKDOWN: As Economic Indicators Get Worse, the US Revs Up the Next Multi-Trillion Stimulus

BREAKDOWN: As Economic Indicators Get Worse, the US Revs Up the Next Multi-Trillion Stimulus

The Breakdown Weekly Recap covers growing US-China tensions, worsening job numbers and the next casual $1T-$3T in stimulus. This episode is sponsored by Bitstamp and Crypto.com. This week on the Break...

25 Jul 202014min

BREAKDOWN: Could the European Recovery Plan Actually Break Europe Apart?

BREAKDOWN: Could the European Recovery Plan Actually Break Europe Apart?

The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path. This episode is sponsored by Bitstamp and Crypto.com. Today on the Brief: Which...

24 Jul 202032min

BREAKDOWN: Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

BREAKDOWN: Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

More than 50% of COVID-19 related business closures in the US are now permanent. Can tech platforms provide a new avenue for small biz entrepreneurship? This episode is sponsored by Bitstamp and Crypt...

23 Jul 202051min

BREAKDOWN: A Simple Explanation of DeFi and Yield Farming Using Actual Human Words

BREAKDOWN: A Simple Explanation of DeFi and Yield Farming Using Actual Human Words

A primer on yield farming, liquidity mining, automated market making and all the other terms shaping the brave new world of decentralized finance. This episode is sponsored by Bitstamp and Crypto.com....

22 Jul 202027min

BREAKDOWN: What's Behind the Fed's New Push to Promote Inflation?

BREAKDOWN: What's Behind the Fed's New Push to Promote Inflation?

Why the Fed’s strategy on inflation is changing and why the definition used by America’s central bank may be hurting regular people.  This episode is sponsored by Bitstamp and Crypto.com. Today on the...

21 Jul 202016min

BREAKDOWN: What Is GPT-3 and Should We Be Terrified?

BREAKDOWN: What Is GPT-3 and Should We Be Terrified?

The internet is alive with demos of what the latest artificial intelligence language model can do. Should we be nervous? This episode is sponsored by Bitstamp and Crypto.com. Today on the Brief: Mast...

20 Jul 202021min

BREAKDOWN: Are Stablecoins Eurodollars 2.0? Long Reads Sunday

BREAKDOWN: Are Stablecoins Eurodollars 2.0? Long Reads Sunday

Long Reads Sunday features two essays previously published on CoinDesk that show the trajectory of stablecoins in the global economy in 2020. This episode is sponsored by Bitstamp and Crypto.com. On t...

19 Jul 202014min

RESEARCH: The Origins of the World's Oldest Bitcoin Metric, Explained

RESEARCH: The Origins of the World's Oldest Bitcoin Metric, Explained

Bitcoin days destroyed (BDD) was first introduced as a concept back in 2011. At the time, it had only been two years since the creation of the world’s first cryptocurrency, bitcoin. Individuals were a...

19 Jul 202029min

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