The Wealth Effect is Backwards - Daily Live 1.11.23 | E298
In this episode, I update the bitcoin price and then read through 3 articles. One on the reverse wealth effect, one on oil and the last on the Fed and climate policy.
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In today's episode, I talk through the bitcoin price and then hit on a few interesting articles. The first is about the Federal Reserve trying to create a reverse wealth effect by crashing the stock market. The second is an update on the oil market. The final article is revisiting Powell in Sweden and tying it back into Sarah Bloom-Raskin's failed nomination to the Fed last year. Enjoy.
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