This Bankless podcast episode interviews Jim Bianco about the potential impacts of Donald Trump's economic policies. The discussion covers Trump's approach to the national debt, his shift in focus from the stock market to the 10-year Treasury yield, and the implications of a proposed "Crypto Strategic Reserve." Bianco analyzes the potential for a recession in 2025, suggesting that while economic indicators might point towards one, a truly recessionary event requires a major shock to the system. He argues that Trump's policies aim to move the US economy away from government-fueled growth towards a more organically driven model, potentially leading to short-term pain but long-term benefits. A key takeaway is Bianco's skepticism regarding the long-term viability of a government-controlled crypto reserve, highlighting the potential for it to stifle innovation within the crypto space.
