Jim Bianco on Why 0% Interest Rates and Money Printing Are Gone for Good - Ep. 881

In this episode of Unchained, Laura Shin interviews macro expert Jim Bianco about major shifts in the US economy, monetary policy, and crypto. Bianco discusses the misinterpretation of downward revisions to recent job growth data, arguing they don't necessarily signal a weakening economy but rather reflect survey issues and changes in immigration. He posits that we've entered a new economic regime with structurally higher interest rates and stickier inflation, suggesting that the era of zero rates and quantitative easing is over. Bianco also shares his vision for a real-time, low-cost payment system powered by stablecoins, while expressing skepticism about tokenized stocks and crypto treasury companies. The conversation also covers the speculation around Jerome Powell's potential replacement as Fed Chair and the possible market implications.