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Why the Fed Is the Only Sugar Daddy Left, Feat. Luke Gromen

A take a look at how we went from the Bretton Woods system of gold-backed U.S. {dollars} to the Federal Reserve’s QE Infinity of as we speak.

QE infinity from the Fed. Company bailouts. Nudgin’ UBI. The unimaginable financial phenomena happening now didn’t occur out of the blue. They’re the byproducts of key occasions unfold throughout the 70-year historical past of the U.S. dollar-led international financial system. 

Luke Gromen is the founding father of Forest From The Timber, a macro/thematic analysis agency. On this episode, Luke supplies a TL;DR on these key occasions that bought us to the place we’re as we speak, together with: 

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The chief in blockchain information, CoinDesk is a media outlet that strives for the best journalistic requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Forex Group, which invests in cryptocurrencies and blockchain startups.

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