When the Fed Crossed the Rubicon

In the latest episode of “On the Margin,” Michael Ippolito, co-founder, Blockworks, sits down with Danielle DiMartino Booth to discuss the evolving role of the Federal Reserve.

article-image

Danielle DiMartino Booth; Source: Jonathan Zizzo

share

In the latest episode of Blockworks’ podcast “On the Margin,” Michael Ippolito, co-founder, Blockworks, sits down with Danielle DiMartino Booth who brings her deep historical knowledge of the Fed to a wide-ranging discussion of the economy.

Mike and Danielle also cover the evolving role of the Federal Reserve, how the Fed “missed its chance” to normalize markets, the worsening relationship between the US and China, and her opinions on inflation vs deflation.

Danielle is the founder of Money Strong, LLC, an economic consulting firm. She began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. She is the author of “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America.”

“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 Tyler Neville 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.

Tags

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

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

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

Nubank has scaled to 127M customers with a sub-$1 cost-to-serve, driving industry-leading profitability and a 31% ROE. Its model blends rapid monetization, strong operating leverage, and expanding verticals, from AI-driven lending to crypto, insurance, telco, and premium offerings like Ultravioleta. With 6.6M crypto users and new stablecoin payment pilots, Nu is becoming a major digital-asset gateway in LATAM. Despite rising NPLs and rate volatility, its efficiency and growth momentum support upside potential.

article-image

The need for a public, verifiable ledger system may have prompted the creation of an ancient mountain site

article-image

With markets still lagging, indices for BTC, crypto miners, and the Solana ecosystem are down

article-image

As DevConnect kicks off in Buenos Aires, Vitalik and friends call for a reset

article-image

GPUs are starting to go dark even as data-center spending doubles — is a bubble on the horizon?

article-image

Risk assets sold off as doubts loom over a December rate cut, with BTC tumbling briefly below $95K this morning

by Carlos /
article-image

Jeff Yass bets that prediction markets could stop wars, Paul Atkins’ announcement on “tokens,” and more