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US GDP Numbers and Japan’s New Money Bazooka - FedWatch 129

Hosts: Ansel Lindner and Christian Keroles Fed Watch is a macro podcast with a clear contrarian thesis of a deflationary breakdown of the financial system leading to bitcoin adoption. We question narratives and schools of thought, and try to form new understanding. Each episode we use current events to question mainstream and bitcoin narratives across the globe, with an emphasis on central banks and currencies. (Find links below or, along with charts, at _bitcoinandmarkets.com/fed129_) In this episode, CK has returned from his trip to India and joins us for a big day of new economic data from the US. On deck for this episode is a quick discussion about the US debt ceiling and then we get into the main topic in my opinion, US GDP numbers for Q4 2022 and the whole year. US real GDP in Q4 rose at an annual rate of 2.9%. That is a pretty significant number for people expecting recession any day now. For the year of 2022, real GDP increased by 2.1% These numbers are in-line with my predictions of returning to a post-GFC (Great Financial Crisis) normal of low growth and low inflation. The last topic of today’s episode is all about Japan’s new monetary bazooka, an amendment to “Principle Terms and Conditions for Funds-Supplying Operations against Pooled-Capital.” That’s just a long label for a program where the Bank of Japan (BOJ) lends money to banks to buy government bonds so the central bank doesn’t have to buy them directly. They’ve made it possible to give these loans at negative interest rates, and extended the term to up to 10 years. That means, they could pay banks to buy JGBs. Thanks for joining us. If you are reading this, hit the like and subscribe button! Constant updates on bitcoin and macro: _https://t.me/bitcoinandmarkets_ Free weekly Bitcoin Fundamentals Report: _https://bitcoinandmarkets.com_ Find More and Follow Ansel Lindner: _https://twitter.com/AnselLindner_ Christian Keroles: _https://twitter.com/ck_snarks_ Watch this Episode: YouTube _https://www.youtube.com/c/BitcoinMagazine_ || Rumble _https://rumble.com/c/BitcoinMagazine_ Slide deck _https://docs.google.com/presentation/d/1MXyQLIpFQC2YNy8p8BTzUnoEqLs1_Dv6PCYc3JzC4X8/edit?usp=sharing_ US debt ceiling _https://archive.ph/ipQoF_ Q4 real GDP report _https://www.bea.gov/sites/default/files/2023-01/gdp4q22_adv_fax.pdf_ Article on Japan’s new bazooka _https://archive.ph/Mvw1p_ If you enjoy this content please LIKE, SUBSCRIBE, REVIEW on iTunes, and SHARE! Written by Ansel Lindner THIS EPISODE’S SPONSORS: Moon Mortgage _River _ Bitcoin 2023 Miami Bitcoin Magazine Bitcoin Magazine Pro

56 min