Podcast: Growth vs. Inflation, Firefighters Pension Buys Bitcoin, FTX Raises $420M

Get your macro fix with Blockworks’ own Mike Ippolito and co-host, Mark Yusko.

article-image
share

In the weekly roundup episode of Blockworks’ podcast “On the Margin,” Mike and Mark cover two concepts very deeply: 1) why structural growth is falling and 2) how that impacts inflation.

They spend a lot of time covering Mark’s “Killer D’s” Framework: Demographics, Debt, and Deflation, as well as taking a deep look at falling estimates for GDP growth, and the limits on how much trust can be put into central bankers predictions.

Later, they pick apart some charts (courtesy of Jurrien Trimmer of Fidelity) analyzing the performance of inflation, commodities, and the S&P during periods of economic expansion. They discuss the history of these trends before taking a look at some major stories from this week, including:

  • The launch of the Bitcoin ETF
  • FTX raising $420,690,000 from 69 investors
  • A Houston firefighter’s pension buying Bitcoin and Ether
  • and more!

Watch the full episode below! 👇

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week he is joined by co-host Mark Yusko where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch episodes on YouTube.

Are you a UK or EU reader that cant get enough investor-focused content on digital assets?Join us in London on November 15th and 16th for the Digital Asset Summit (DAS) London. Use code ARTICLE for £75 off your ticket. Buy it now.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

USDai is a synthetic dollar fully backed by tokenized three‑month T-bills custodied by M^0. When holders stake USDai in an ERC-4626 vault, they mint sUSDai, which finances short-term, amortizing loans secured by NVIDIA-class GPUs and servers.

article-image

The House on Thursday passed the CLARITY Act, a landmark cryptocurrency market structure bill

article-image

Interchain Labs will focus on sovereign L1s and institutional demand, abandoning plans for smart contracts on the Cosmos Hub

article-image

Also, only three tokens have outperformed bitcoin so far this year: XMR, HYPE and SKY

article-image

The fund group has submitted proposals in recent months for other funds that would hold litecoin, solana, XRP, HBAR, Sui and others

article-image

Momentum’s back — BTC leads, risk assets follow

article-image

Ondo Finance’s acquisition of blockchain development company Strangelove follows its buy of Oasis Pro