The Breakdown

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.

Business
Investing
701
Investors Are Betting on Inflation Declining. A...
This episode is sponsored by , and .   Bitcoin was up 15% over the weekend. Stocks have seen four days of green. The reason? Investors are anticipating that August’s inflation numbers (to be released on Tuesday) will show another monthly...
18 min
702
Gensler’s Latest Take on Crypto and Securities ...
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW digs in on the latest speech from SEC Chairman Gary Gensler. It appears reasonable, but does the crypto industry believe him?  - is a security-first...
17 min
703
So, Is the White House Banning Bitcoin Mining, ...
This episode is sponsored by , and .   On today’s episode, NLW examines the new report from the White House about crypto mining and its impact on climate change. He argues that the report is effectively a Rorschach test for people’s prior...
17 min
704
The Rise of CBDC Skepticism Among US Officials
This episode is sponsored by , and .   The discussion around a United States-issued central bank digital currency is heating up, but not in the way one might expect. Increasingly, U.S. regulators and elected officials are showing signs of...
17 min
705
38 Things We Learned About Crypto and the Econo...
This episode is sponsored by , and .   On today’s episode, NLW celebrates his 38th birthday with 38 lessons we’ve learned in the last year, from inflation to macro to geopolitics to crypto.  - is a security-first platform where you can...
26 min
706
Could the European Energy Crisis Become a Debt ...
This episode is sponsored by , and .   On today’s episode of “The Breakdown,” NLW looks at the latest in the European energy crisis, including: Gazprom keeping the Nord Stream pipeline closed Russian officials saying the reason for the...
18 min
707
Does AML Even Work?
This episode is sponsored by , and . Today on “Long Reads Sunday,” NLW reads and discusses David Z. Morris’ “.” - is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of...
17 min
708
‘Piles of Risk’: An Outlook for Autumn
This episode is sponsored by , and . NLW reviews the key events from August with an eye to how they will shape September and the fall, including: Sanctions The Merge Institutionalization Fundraising  Regulation, legislation and...
17 min
709
‘Soft Landing’ Is Out. ‘Growth Recession’ Is In.
This episode is sponsored by , and .   Today NLW looks at the shifting Fed narrative. We’ve moved from “soft landing” to “softish landing” to “growth recession” as the goal for monetary policy. With the jobs report coming in...
16 min
710
D.C. vs. Saylor
This episode is sponsored by , and .   On today’s episode, we look at the District of Columbia’s new lawsuit against Michael Saylor claiming that he has lived in D.C. for more than the requisite 183 days a year that would require him to pay...
17 min
711
Paraguay President Vetoes Crypto Bill
This episode is sponsored by , and .   On today’s episode, NLW does a global regulatory check-in, focused on: A veto for crypto mining regulation in Paraguay Brazil’s biggest bank exploring decentralized finance with the central bank El...
18 min
712
Europe’s Energy Crisis
This episode is sponsored by , and .   European energy markets have been roiled as the price of energy futures rockets to up to 30 times the five-year average. In the U.K., restrictions on the cost of energy have been lifted, increasing prices...
17 min
713
The ‘Higher-for-Longer’ Fed Reality Hits Markets
This episode is sponsored by , and .   The week ended badly. Equities were down big and over the weekend crypto followed, with bitcoin (BTC) dipping under $20,000 and ether (ETH) losing 14% following Federal Reserve Chair Jerome Powell’s...
16 min
714
Ethereum’s Censorship Trial by Fire
This episode is sponsored by , and . On this edition of “Long Reads Sunday,” NLW reads Nic Carter’s “.” - is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by...
17 min
715
Corporate Profits the Most Elevated Since 1950
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW looks at: A new stock settlement system The latest on the arrested Tornado Cash developer  The passing of hedge fund legend Julian Robertson  ...
16 min
716
Jackson Hole Closes the Door on the Fed’s Dovis...
This episode is sponsored by , and .   Each year, U.S. central bankers gather in Jackson Hole, Wyoming, to discuss big-picture changes in medium- and long-term monetary policy and the economy. This year, the markets have been watching extra...
15 min
717
Tether Chooses to ‘OFAC Around and Find Out’
This episode is sponsored by , and .   On today’s episode, NLW looks at the latest news on Tornado Cash sanctions. Specifically, he looks at Tether’s announcement this week that the stablecoin issuer would not blacklist addresses from...
19 min
718
Student Debt Relief Shows Why All Politics Is N...
This episode is sponsored by , and .   According to reports, U.S. President Joe Biden is about to finally take action on student debt relief, wiping away $10,000 in federal debt for those making less than $125,000 a year (or $250,000 as a...
20 min
719
Are Gary Gensler's Crypto Battles Crossing Into...
This episode is sponsored by , and .   Today on “The Breakdown,” NLW explores Securities and Exchange Commission Chair Gary Gensler’s latest op-ed on crypto regulation, in the Wall Street Journal. NLW also explores whether conservative...
17 min
720
The US Appears in No Rush on CBDCs
This episode is sponsored by , and .On today’s episode, NLW looks at the state of the U.S. discussion about a central bank digital currency. Based on statements from the Federal Reserve, members of Congress and others, does it look like the U.S. is...
20 min
721
Are Crypto Safe Harbors an Idea Whose Time Has ...
This episode is sponsored by , and . On this edition of “Long Reads Sunday,” NLW reads: “” by Michael Casey “” by SEC Commissioner Hester Peirce    - is a security-first platform where you can buy, exchange and borrow against...
17 min
722
Welcome to the ‘We Just Don’t Know’ Economy
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW looks at why markets went down on high European inflation data, and why market signals in general are pointing in multiple directions at once.  - is a...
16 min
723
A Food Crisis on the Horizon?
This episode is sponsored by , and .   Today on “The Breakdown,” NLW looks at something that could cause a new set of “big picture power shifts” – a growing global food crisis. He explores a set of causal factors including Russia’s...
18 min
724
After Fed Meeting Minutes, Is the ‘Peak Hawkish...
  This episode is sponsored by , and .   On today’s grab bag episode, NLW looks at: Last month’s Fed meeting minutes Professional musical chairs in crypto  A new proposed SEC/CFTC disclosure that some think shows mission creep Two...
19 min
725
The Macroeconomic Signals Have Rarely Been This...
This episode is sponsored by , and .   Homebuilder sentiment is going through its worst stretch since the 2007-2008 housing and financial crisis. New York manufacturing data also surprised with some of the weakest numbers in a decade. On the...
17 min