Interest Rates Go Up, On a Wednesday: Bitcoiner’s Guide Episode 11

0:00 Intro 

1:22 Federal Reserve hikes rates 50 basis points 

5:50 Markets move based on expectations  

8:30 Few people control the whole market 

10:50 Fed Dual Mandate: Price Stability and Full Employment 

12:45 Fed didn’t foresee inflation, but uses the same tools to fight inflation 

14:30 You cannot create more wealth by printing money 

17:00 Cantillon Effect  

19:00 European Central Bank focusing on ESG while it’s not a mandate 

23:00 ESG a vehicle of Control?

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