The White House just dropped some hints about monetary policy moves. Word is the Fed chair announcement is pushed to early next year - and apparently Bessent's still playing hard to get on that Treasury gig.

More interesting? The inflation narrative. Claims are we've "stopped inflation in its tracks" since last January, with perfection supposedly just around the corner. Though that classic hedge at the end - "there's always more to do" - suggests even the administration knows markets aren't buying the victory lap yet.

For crypto folks, this matters. Fed chair picks and inflation trajectories? That's literally the macro backdrop everything trades against. Keep an eye on this one.

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blockBoy

· 16h ago

So it's really "inflation has been taken care of," and then they turn around and say "we still need to keep going"... I've heard this kind of rhetoric in the crypto space before, the playbook is always the same.

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NftMetaversePainter

· 12-02 21:58

actually, the true value proposition of fed policy lies in its algorithmic predictability... the way these macro signals propagate through blockchain primitives is genuinely fascinating from a computational aesthetics standpoint. inflation narratives are just poorly implemented hash functions trying to find equilibrium

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BasementAlchemist

· 12-02 21:54

Announce the Fed chair sooner, this suspense is dragging on too long... However, the rhetoric about inflation is indeed interesting, "stop inflation" but also "there's more to be done," that's a typical case of eat your cake and have it too.

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BrokenYield

· 12-02 21:45

lmao "stopped inflation in its tracks" is such a tell... they always throw that hedge in when they know it's cope. fed chair delay probably means someone's getting cold feet on the actual rate path ngl. for us it's just noise until we see correlation matrix shift on the macro side. bessent playing coy is classic theater anyway.

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CoinBasedThinking

· 12-02 21:43

Here comes that "inflation is dead" line again, really daring to boast. On one hand, they say to stop, and on the other, they say "we still have to continue doing this"; how ridiculous is this rhetoric?

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AmateurDAOWatcher