Bits + Bips: How AI and Energy Prices Will Force the Fed’s Hand

The podcast explores the collision of crypto and macroeconomics, focusing on the Federal Reserve's independence and the potential inflationary and deflationary impacts of AI. The discussion covers the political pressures on the Fed, with Trump's administration potentially influencing monetary policy for midterm gains. The panelists debate whether AI will primarily drive disinflation or create inflationary pressures through increased demand for resources like RAM and GPUs. They also examine the energy bottleneck created by AI's growth, proposing nuclear energy and liquid natural gas as possible solutions. Additionally, the conversation touches on the challenges faced by community banks and the implications of stablecoins as instruments of national power, particularly in light of events in Venezuela.