Why the Fed Is the Only Sugar Daddy Left, Feat. Luke Gromen
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 today.
QE infinity from the Fed. Corporate bailouts. Nudgin’ UBI. The incredible economic phenomena going on now didn’t happen out of the blue. They are the byproducts of key events spread across the 70-year history of the U.S. dollar-led global monetary system.
Luke Gromen is the founder of Forest From The Trees, a macro/thematic research firm. In this episode, Luke provides a TL;DR on those key events that got us to where we are today, including:
Disclosure Read More
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.