End Of Banks (Episode 124)
SUMMARY:
The financial system as we know it is coming to an end. Decentralized Finance will upend banking, credit, loans and commercial transactions. Economist Campbell Harvey joins Andy to discuss DeFi.
SHOW NOTES:
3:36: How Does The Yield Curve Predict Recessions?
13:38: Why Do Policymakers Want To Convince You That Inflation Is Transitory?
20:06: Why Is MMT Baloney?
22:56: How Does Inflation Impact Stocks?
29:16: What Is DeFi?
31:40: Why Are Banks Doomed?
35:57: How Will DeFi Impact The Fed?
41:58: How Has Technology Changed Education?