Places. Watch American History tv tonight and over the weekend on cspan3. Up next, Federal Reserve chair Jerome Powell talks about the u. S. Economy and his agencys response to the coronavirus pandemic at a Virtual Event hosted by princeton university. Okay. Hello, everybody. I now have the signal that the technology is working. Fortunately nobody would put that in my domain. I dont take any responsibility for that. Im professor of economics and Public Affairs here at princeton university. Thank you for joining us on this special reunion event with Federal Reserve chair jer powell. Sponsored by princetons griz wald center. Were happy to have many members of chairman powells classmates on the princeton class of 1975 on the zoom. Just one quick logistical note, if you have a question, youre welcome to submit it any time you want using the q a feature of zoom which youll find at the bottom of your zoom window. It tez q a. You may also upload questions that youd like to see answered and we
There is a piece in the journal of the American General Association Appoints out the more than half of the covid19 cases in chicago, nearly 70 percent of the death, involve black individuals. Although blacks make up only 30 percent of the population. Theres a story in the front page of the Washington Post today about contrasting the intensive care unit in Northern Virginia which is largely empty with the overwhelmed the hospital and largely black county on the other side of washington dc. So although recreations is or has a long history. It is not directly related to covid19, it is same to me that covid19 puts the next hard on some of the issues in this book. Host a fun today is to put this into historical context. And also reference to jews in the state of israel, theyve done done by the. The u. S. Recreations to japaneseamericans who in turn during world war ii. For that we will start with a philosopher has been the director in berlin, she is the author of learning from the germans.
The hardening of the peoples money in a time of hyper softening of money of infinite feel it and who steps into the rink into the big coin rink with all of the arguments that weve been making for the past 09 years about bitcoin here on the show well Paul Tudor Jones buys the queen with reminder of gold in 1970 s. Maclin best for Paul Tudor Jones is buying big coin as a hedge against inflation he sees coming from Central Bank Money printing telling clients every mind him of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredibly big news Paul Tudor Jones is a seminal figure in the Hedge Fund Industry in the money manage an industry going back to the early 1980 s. Even before and hes got about 40000000000. 00 hes got a position now a big coin in the low Single Digits we know that typically his style is to scale into a position so i expect him to be 5 or 10 percent of that plus he is the ultimate alpha dog in the
This is incredibly big news Paul Tudor Jones is a seminal figure in the Hedge Fund Industry in the money man and man industry going back to the early 1980 s. Even before and hes got about 40000000000. 00 hes got a position now and big coin in the low Single Digits we know that typically his style is to scale into a position so i expect him to be 5 or 10 percent of that plus he is the ultimate alpha dog in the big coin space which he does every one of those 10000. 00 head phones out there will follow to some degree so now bitcoin is officially on the map the same at the same time that Warren Buffett kind of exits stage left everything thats old and not working anymore like warren is off the stage and for Paul Tudor Jones the circle has come full circle because when i started my career on wall street the early 1980 s. Walter jones was kind of the. The king of wall street at the time the invented this idea of the lone gunslinging hedge fund moving markets up until then the Hedge Fund Indu
Could ever imagine has dropped and personally. Gobsmacked i dont know why but i am i shouldnt be but thats the way it is whats going on as they say max not only has the havening or the having just happened this is a very important event had only happened 2 other times previously and big point history now we have the having of the block reward were going to get into that in the 2nd half a dent held but here we have of course having so thats the hardening of money the hardening of the peoples money in a time of hyper softening of money and infinite fia it and who steps into the rink into the big coin rink with all of the arguments that weve been making for the past 09 years about bitcoin here on this show well Paul Tudor Jones buys big queen with reminder of gold in 1970 s. Macro investor Paul Tudor Jones is buying big coin as a hedge against the inflation of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredib