In this episode, Christian and Ansel give updates on the Federal Reserve, ECB, and PBOC. Europe is the most exciting because last week they updated their policy, admitting they are fighting deflation, economic contraction, and a strong euro, despite the 1.85 trillion euro stimulus this year alone. It seems the more they do, the worse their situation gets.
The Fed meets Wednesday, December 16th, for their final meeting of the year, in which they are expected to keep everything the same. Next, we cover the PBOC’s recent troubles with defaults throughout their economy, and the increasing amount of stimulus they are providing.
Lastly, what would a bitcoin podcast be without a discussion about MicroStrategy and MassMutual. Bitcoiners have been expecting this type of adoption for years, so it is exciting but expected.