Today on the Brief:

• Debt will exceed U.S. GDP for the first time since 1946
• SPACs in action!
• Decentralized exchange volume flippens centralized exchanges 

Our main conversation is with Luke Gromen, founder of the Forest for the Trees consulting firm. 

In this conversation, we discuss: 

• Chairman Powell’s speech and whether this is a true policy departure
• The evolving relationship between the Federal Reserve and Treasury Department
• What it would mean to get China to start “footing the bill” 
• The gold narrative
• Why stock price gains are unlikely to keep U.S. citizens satisfied with the economy for long

Find our guest online:Website: fftt-llc.comTwitter: @LukeGromen