CoinDesk Podcast Network - BREAKDOWN: Can $700B in Quantitative Easing Calm the Markets? CoinDesk’s Michael Casey and Noelle Acheson Discuss

Over the weekend, the Fed decided it couldn’t wait for Wednesday’s planned meeting to act, cutting interest rates to nearly 0%. It also announced $700 billion of direct capital injection through the purchase of Treasury securities and mortgage-backed debt. 

The question is whether this action can actually calm markets? So far, it’s not looking great. Within minutes, emergency circuit breakers were triggered again. Markets are down more than 9% on the day. 

In this episode, @NLW chats with CoinDesk’s Chief Content Officer Michael Casey and director of research Noelle Acheson about:

  • Why the market isn’t impressed with Fed action
  • Why no Fed response will be enough on its own to solve the health crisis and the resulting economic dislocation
  • Why we’re going to see more conversations in the coming weeks about UBI, MMT and other direct citizen stimulus



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Lex Fridman Podcast - #80 – Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money

Vitalik Buterin is co-creator of Ethereum and ether, which is a cryptocurrency that is currently the second-largest digital currency after bitcoin. Ethereum has a lot of interesting technical ideas that are defining the future of blockchain technology, and Vitalik is one of the most brilliant people innovating this space today.

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EPISODE LINKS:
Vitalik blog: https://vitalik.ca
Ethereum whitepaper: http://bit.ly/3cVDTpj
Casper FFG (paper): http://bit.ly/2U6j7dJ
Quadratic funding (paper): http://bit.ly/3aUZ8Wd
Bitcoin whitepaper: https://bitcoin.org/bitcoin.pdf
Mastering Ethereum (book): https://amzn.to/2xEjWmE

This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts, follow on Spotify, or support it on Patreon.

Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time.

OUTLINE:
00:00 – Introduction
04:43 – Satoshi Nakamoto
08:40 – Anonymity
11:31 – Open source project leadership
13:04 – What is money?
30:02 – Blockchain and cryptocurrency basics
46:51 – Ethereum
59:23 – Proof of work
1:02:12 – Ethereum 2.0
1:13:09 – Beautiful ideas in Ethereum
1:16:59 – Future of cryptocurrency
1:22:06 – Cryptocurrency resources and people to follow
1:24:28 – Role of governments
1:27:27 – Meeting Putin
1:29:41 – Large number of cryptocurrencies
1:32:49 – Mortality

SCOTUScast - McKinney v. Arizona – Post-Decision SCOTUScast

On Tuesday, in a 5-4 decision in McKinney v. Arizona, the Supreme Court of the United States issued a landmark death penalty and criminal procedure opinion about the division between direct and collateral review and the jury requirements that the Court had previously explicated in the Apprendi line of cases, including Ring v. Arizona and Hurst v. Florida. At issue was an Arizona Supreme Court opinion that conducted an appellate reweighing of aggravation and mitigation after a remand from the En Banc Ninth Circuit for a supposed error in treatment of certain mitigation on direct appeal.
Writing for the majority, Justice Kavanaugh clarified or confirmed several important criminal and death penalty procedure issues. First, the majority affirmed the ongoing validity of Clemons v. Mississippi and the availability of appellate reweighing of aggravation and mitigation. Second, the Court confirmed that a jury need only find the existence of an aggravating factor, and need not conduct the weighing of aggravation and mitigation or impose the particular sentence in a death penalty case. Third, the Court affirmed that a state court conclusion as to the collateral nature of a state appellate proceeding was not subject to dispute by the Court.
To discuss the case, we are joined by Oramel H. (O.H.) Skinner, Solicitor General for Arizona.
As always, the Federalist Society takes no particular legal or public policy positions. All opinions expressed are those of the speakers.

The Intelligence from The Economist - Flight risk: airlines and covid-19

Travel restrictions that are proliferating worldwide may represent an existential threat to many airlines. How long the pandemic lasts will determine how much the aviation industry is reshaped by it. We ask why the Philippines’ politics is so much more socially conservative than its populace. And the self-defence measures being developed for delivery drones. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

Start the Week - Cultural icons from Shakespeare to Superman

Shakespeare has always been central to the American experience, argues the leading scholar James Shapiro. He tells Tom Sutcliffe how Shakespeare has been invoked – and at times weaponised – at pivotal moments in the history of America, from Revolutionary times to today’s divisionary politics.

The film critic Mark Kermode celebrates another global phenomenon: cinematic superheroes. The genre stretches back more than eight decades and taps deeply into timeless themes and storytelling traditions. Kermode also shows how spy-heroes such as Bond have shaped our political identity.

For the poet Don Paterson, the classic television series The Twilight Zone was the starting point for his latest collection. Elements of horror, science fiction and fantasy provide a backdrop to his exploration of the mid-life crisis.

The political theorist Teresa Bejan returns to the world of Shakespeare to explore what appears to be the most modern of dilemmas: Twitter spats and put-downs. Seventeenth-century thinkers understood there were competing conceptions of civility. They thought that outlawing heated political disagreement could lead to silencing dissent.

Producer: Katy Hickman