BREAKDOWN: Monetary Policy is Finished and Macro Debates Are Boring, Feat. Raoul Pal
A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money.
ABOUT
A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Raoul Pal is CEO and co-founder of Real Vision, a platform fundamentally disrupting macroeconomics and financial media.
In this wide-ranging conversation, he and NLW discuss:
- Hot takes on the most recent Jerome Powell/Federal Reserve press conference
- Why central banks can’t do anything more until they merge with treasury departments
- Why stablecoins are disrupting how we think about global reserve assets
- Why traditional financial media missed an entire generation of investors
- Why all macro debates are boring
HOST
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

EPISODES
The Blockspace Pod: Quantum: The Next Battleground For Bitcoin
Is Bitcoin quantum ready or is it just more FUD? We dive into the technical and social battles between developers and...
Feb 7, 2026
The Blockspace Pod: Bitcoin Craters, French Gov't Challenge MARA Acquisition, Cipher's Note Sees $13B But Interest
Bitcoin nukes to $65k as the industry faces a historic selloff. We cover a massive 13% difficulty drop, France’s push...
Feb 6, 2026
Patrick Witt says 'let's not let perfect be the enemy of good' in stablecoin standoff
Feb 3, 2026

The Mining Pod
Feb 10, 2025

CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023

Markets Outlook
Tune in as CoinDesk runs down action in the crypto market and some of the most important recent industry development.
Dec 19, 2023

Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023
