# The Stagflation Scenario

URL: /show/this-week-in-bitcoin/12/
> The increasing probability of Stagflation might cut Bitcoin's post-halving bull run off at the knees; my thoughts on the Ethereum ETF and why I'm getting skeptical of the political "tone shift."

- Show: [This Week In Bitcoin](/show/this-week-in-bitcoin/)
- Episode: 12
- Date: 2024-05-31
- Hosts: chris
- Duration: 00:51:25
- Audio: https://op3.dev/e/serve.podhome.fm/episode/f01a19c0-6f9d-4aef-9515-08dc15242149/638526991436105750863d30ee-efd3-4321-ab68-0362acd6a875v1.mp3





### Episode Links

* [April pending home sales hit lowest level since start of pandemic](https://www.cnbc.com/2024/05/30/april-pending-home-sales-fall.html)
* [This morning’s revised data show the gov’t is basically “buying” GDP w/ debt, but getting only 50 cents on the dollar - worst deal ever…](https://x.com/RealEJAntoni/status/1796167845740490954)
* [United States M2 Money Supply is now positive YoY for the first time since November 2022.](https://x.com/CarlBMenger/status/1795797889433678014)
* [Germany’s industry in decline - a giant is falling \ stacker news ~econ](https://stacker.news/items/552124)
* [SEC approves rule change to allow creation of ether ETFs](https://www.cnbc.com/2024/05/23/sec-approves-rule-change-to-allow-creation-of-ether-etfs.html)
* [Ethereum ETF to Get 20% of Bitcoin ETF Flows](https://coinxposure.com/ethereum-etf-to-get-20-of-bitcoin-etf-flows.html)
* [As crypto cash floods Washington, Congress eyes gentler regulations - The Washington Post](https://www.washingtonpost.com/business/2024/05/25/crypto-lobbying-politics-washington/)
* [President Biden Announces Presidential Delegation to the Republic of El Salvador to Attend the Inauguration of His Excellency Nayib Bukele | The White House](https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/29/president-biden-announces-presidential-delegation-to-the-republic-of-el-salvador-to-attend-the-inauguration-of-his-excellency-nayib-bukele/)
* [Biden campaign ramps up crypto industry outreach in surprising tone ‘shift’ | The Block](https://www.theblock.co/post/297504/biden-campaign-shifts-crypto-stance-engages-crypto-industry-presidential-elections-2024)
* [faradayfedora’s Shakepay Link](https://shakepay.me/r/LAPWVE7)
  
**STUDY**

* 🧡 Bitcoiners tend to be intellectually curious and emotionally stable
* 🌎value personal growth, relationships, community over material possessions
* 📈Scored significantly higher in financial literacy than the general population
* [Saifedean Ammous on why Bitcoin is Finical Gunpowder](https://x.com/denverbitcoin/status/1794783675831455997)
  
**Music**

* [Tip Toe by Jack Holliday](https://podcastindex.org/podcast/6917119)