In this episode, James and Felix discuss the latest Federal Reserve interest rate decision, the impact of quantitative easing & tightening, and the consequences of trillion-dollar annual deficits. We also delve into the repo market, why the Fed is disconnected from inflation, the role of hard assets like Bitcoin and gold, and much more. Enjoy!

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MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Learn more: https://www.mantrachain.io/—Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii—Timestamps:(00:00) Introduction(02:11) Unpacking The Fed Decision & Dual Mandate(12:53) Quantitative Easing & Tightening(18:24) 2019 Repo Spike & Dollar Shortage(24:39) Trillion-Dollar Annual Deficits(36:22) Advertisements(37:36) Why The Fed is Disconnected from Inflation(44:47) Is Bitcoin the Solution?(48:46) Gold & Bitcoin As Stores of Value(53:13) Permissionless Ad(53:54) Bitcoin Use Case For Global Sovereigns(58:58) Where to Follow James' Work

—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.