Podcasts: Read_610 - The Invisible Cost of War - Part 2 [Alex Gladstein] 🔗 2 years ago

"In sum, the U.S. government has shown that — through the GFC, repo spike crisis in 2019 and pandemic crisis in 2020 — it is willing to do anything to keep interest rates down: start an experimental QE program to buy long-dated treasuries and subprime mortgages; nationalize the repo markets; and even nationalize the corporate debt markets." - Alex Gladstein

Today we conclude Alex Gladstein's incredible new article on the invisible costs of war, and how our monetary policy disconnects the unbelievable cost of war & its fallout, from the minds of the citizens. Only in the age of infinite money printing, can we sustain infinite war. This is not an accident. Listen to the epic conclusion in today's episode.

Link to the article: https://bitcoinmagazine.com/culture/how-the-fed-hides-costs-of-war

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