Unpacking The Fed’s Smoke And Mirrors In Jackson Hole

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In this episode of Bitcoin Magazine’s “Fed Watch” podcast, we responded to Federal Reserve Chairman Powell’s comments at Jackson Hole on August 27, 2021. We listened to several important sound bites and discussed it along the way. Powell was expected to announce a Fed taper, where it begins to shrink its monthly purchase of securities in quantitative easing.

We have often said that Powell is somewhat of a straight shooter relative to other central bank leaders of the past and present. We also are hesitant to ever agree with a Federal Reserve chairman, but in this case, we find many points to agree on.

Bitcoin is beginning to naturally fit into every discussion on central banks and the international financial system. We touch on bitcoin throughout this episode.