Fundamentals for markets have boiled down to QE or QT since 2009. Now there’s QT, a lot of QT, globally, to battle the worst inflation in decades.Support the show
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Fundamentals for markets have boiled down to QE or QT since 2009. Now there’s QT, a lot of QT, globally, to battle the worst inflation in decades.Support the show
Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
THE WOLF STREET REPORT
12 minutes
3 years ago
Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
That’s what’s different this time: Stuff is blowing up because of leverage, and the blow-ups cascade through the crypto space because everything is now interconnected. Those weren’t factors in prior “crypto winters.”Support the show
THE WOLF STREET REPORT
Fundamentals for markets have boiled down to QE or QT since 2009. Now there’s QT, a lot of QT, globally, to battle the worst inflation in decades.Support the show