DiscoverThe Bitcoin LayerGlobal Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates
Global Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates

Global Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates

Update: 2024-08-22
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In this episode, Nik brings us a global macro update to recap a most dramatic downward revision in labor statistics. He begins with the two most noteworthy items in economics: the downward revision of jobs added by almost one million, the rampant manipulation of labor statistics by the government, and the latest FOMC minutes which stated that the Fed was close to cutting rates in July. Nik breaks down the signals from the yield curve and discusses bitcoin's consolidation.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

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Global Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates

Global Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates

The Bitcoin Layer