Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Joe sits down once again with Michael Howell, the Founder and CEO of CrossBorder Capital. Michael delivers a sweeping lecture on global liquidity bottoming, the world economy is already well into recession, why US QT is effectively 'dead', and how stealth QE paired with Chinese easing is having the net effect of supporting global liquidity, and therefore financial markets. New YouTube videos M/W/F — New Substack posts T/R/S The Bitcoin Layer is brought to you by River and Foundation Devices. Visit River.com and start buying today, or visit https://partner.river.com/TBL for $20 in free bitcoin when you purchase $1,000. Go to https://thebitcoinlayer.com/foundation to receive $10 off your purchase of a Passport by Foundation Devices, the most intuitive bitcoin wallet on the market today. Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco... Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Subscribe and turn on notifications for TBL on YouTube. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg 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 Block Height 799456 #TheBitcoinLayer #NikBhatia #JoeConsorti #Index #S&P #StockMarket #Collateral #Inverted #Yields #Bonds #Debt #Inflation #Statistic #BTFP #Rates #Interest #Expense #10year #TermPremium #Premium #Treasury #Global LiquidityIndex #GLI #PMI #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Blockchain #Mining #BitcoinMining #Macro The Bitcoin Layer and its guests do not provide investment advice.

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