Max and Stacy note that the Treasury market is now so large that the only way to keep it under control is for the Fed to intervene. They also look at Reuters reporting that the latest nearly $1 billion fine on JP Morgan (for manipulating precious metals prices) is unlikely to deter the bank’s ‘recidivism’ as the previous $36 billion also failed to stop them. In the second half, Max chats to Parker Lewis of Unchained Capital about the importance of price discovery and ‘running out of bitcoin.’
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