You've had a dynamic where money has become freer than free.

If you talk about a Fed just gone nuts, all the central banks going nuts.

So it's all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to devalue their

currency, Bitcoin wins.

In the world of fiat currencies, Bitcoin is the victor.

I mean, that's part of the bold case for Bitcoin.

If you're not paying attention, you probably should be.

Michael Howell, thank you for joining me again. Big day.

Yeah, big day today. Big day out in Jackson Hole.

Everybody's waiting with a baited breath to see what Jerome Powell is going to say.

I was watching. I couldn't sleep this morning. I woke up at 3.30 a.m.

And just decided to get up and start working and have been watching CNBC.

And it's been funny watching their commentary, a lot of back and forth.

I think considering that this meeting's happening today, we'll post this on Monday.

And so I guess the pressure is on to sort of predict what Jerome Powell is going to do.

How would you describe his current predicament and what he may or may not do later today?

Well, I think it's clearly a difficult situation.

You know, they always say as an old Irish joke that, well, they say to travelers,

how do you get from here to Dublin?

And the answer is, well, if I was going to Dublin, I wouldn't be starting from here.

And I think that, you know, that's pretty much what I would describe the Fed situation is.

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