Topic: Stablecoin

1 chapters across the catalog

Pascal's Wager
Episode 18 • • 51:06 - 53:53

18: Pascal's Wager

Scott Bessent and the Plan to End the Fed

Treasury Secretary Scott Bessent is described as a key figure in a plan to weaken the Federal Reserve and transition to an alternative settlement system, possibly involving stablecoins. The hosts discuss Representative Thomas Massie’s "End the Fed" bill and argue that the current banking system imposes a hidden tax on Americans through inflation. They urge listeners to watch Bessent’s moves to bring monetary control back to the government.