The Treasury and Federal Reserve are now inexorably intertwined rather than independent; this pattern exists across Western democracies in Europe as well, representing a fundamental shift from historical monetary-fiscal separation.
factualpending
Speaker
Chamath PalihapitiyaEvidence Quote
“Now, the Treasury and the Fed are inexorably intertwined... in Western democracies in in Europe, it's the same situation”
Source
Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94— The Knowledge Project PodcastCreated: 8/10/2026, 10:59:53 PM
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