BREAKDOWN: What Biden's Tax Hike Has to Do With Money Printing and Inflation
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 April 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
Some say this amounts to a way to profit off assets inflated by monetary policy.
This episode is sponsored by Nexo.io.
Today on the Brief:
- Coinbase Pro to list USDT
- A new Bitcoin Mayor in Tennessee
- ETH and BTC ETF updates
Our main discussion looks at President Biden’s proposed increase of the capital gains tax rate. NLW breaks down everything bitcoiners are saying about it, with a particular focus on what it has to do with monetary policy.
-
Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.
-
Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)
-
Image credit: Doug Mills-Pool/Getty Images
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash |
| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. |
| 0:49.4 | I think the global competition for entrepreneurial talent is going to do nothing but increase. |
| 0:54.4 | I don't know that Biden's capital gains tax would fundamentally change that, but it could. |
| 0:59.0 | And in the future, politicians are going to have to think a lot more about themselves as |
| 1:03.1 | competing with other jurisdictions. |
| 1:06.5 | Welcome back to The Breakdown with me, NLW. |
| 1:10.6 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:17.4 | The breakdown is sponsored by nexus.io and produced and distributed by CoinDess. |
| 1:24.1 | What's going on, guys? It is Friday, April 23rd, and today we are talking about what Biden's |
| 1:30.6 | tax plan has to do with money printing and inflation. First up, however, let's do the brief. |
| 1:37.3 | First on the brief today, Coinbase is listing Tether on their pro service. We've talked a lot |
| 1:43.9 | about FUD categories this year, and up until a couple months ago, Tether on their pro service. We've talked a lot about FUD categories this year, and up until a |
| 1:46.4 | couple months ago, Tether was way up there. Since the settlement with the New York Attorney General, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.