This post is to provide the associated images and commentary for the audio podcast. Fed Watch is the macro podcast for bitcoiners. Each episode we discuss current events in macro from across the globe, with an emphasis on central banks and currencies. In this episode, CK and I cover developments
In this episode, I breakdown and respond to Jeff Snider's opposition to a bitcoin-based system as a replacement for our current credit-based Eurodollar system.
Highlights and reaction to central bank press conferences from Jerome Powell and Christine Lagarde.
Bitcoin cycles and current market price with Tone Vays
Demand destruction, supply chains getting better, and inventory glut in the US.
I cover a lot of ground in this episode, including basic economics of complex systems, the central planning fallacy, US oil production, the peak oil fallacy, and contrast a pessimistic macro outlook and an optimistic outlook.