{"podcast":{"title":"The Breakdown","slug":"the-breakdown-440465","podcast_index_feed_id":440465,"rss_url":"https://feeds.megaphone.fm/NLWLLC2118417614","website_url":"https://the-breakdown.carrd.co/","image_url":"https://megaphone.imgix.net/podcasts/53cadc42-20da-11ee-a8f1-1bd22b61356c/image/7fbf1724d2a8e498cc7552087e943a5c.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Blockworks","episode_count":2084,"summary":"The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics. Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system. A Blockworks podcast. Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/","last_synced_at":"2026-07-02T04:19:55.776246+00:00","page_url":"https://stenobird.com/podcast/the-breakdown-440465"},"episode":{"title":"Fed Governor Miran on Why Inflation Fears Are Overstated | Forward Guidance","slug":"fed-governor-miran-on-why-inflation-fears-are-overstated-forward-guidance","published_at":"2026-04-02T13:08:00+00:00","page_url":"https://stenobird.com/podcast/the-breakdown-440465/fed-governor-miran-on-why-inflation-fears-are-overstated-forward-guidance","show_page_url":"https://stenobird.com/podcast/the-breakdown-440465","url":"https://traffic.megaphone.fm/BWG9956383921.mp3","audio_url":"https://traffic.megaphone.fm/BWG9956383921.mp3","summary":"While The Breakdown is between seasons, we’re bringing some of our favorite conversations from across Blockworks onto the feed. In this episode of Forward Guidance, Felix Jauvin sits down with Fed Governor Stephen Miran at DAS to discuss why he believes inflation fears are overstated, why the Fed may still be too restrictive, and how AI, deregulation, and stablecoins could all shape the future of monetary policy. FOLLOW GUEST › Federal Reserve – https://x.com/federalreserve FOLLOW THE SHOW › Felix – https://x.com/fejau_inc › Forward Guidance – https://x.com/ForwardGuidance › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks ›David https://x.com/dcanellis TIMECODES (00:00) Introduction (02:36) Why Miran Dissented (05:10) Nexo Ad (05:44) Looking Through Oil Shocks (07:32) AI And Deregulation Disinflate (11:04) The Case For Neutral (13:26) What Sets Neutral Rates (17:03) Nexo Ad and Blockworks IR Promo (18:47) Where “Running It Hot” Narrative Fails (26:01) Skinny Master Accounts (28:00) Stablecoins And Dollar Demand SPONSORS › NEXO Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown DISCLAIMER Nothing said on Forward Guidance or The Breakdown is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.","meta_description":"While The Breakdown is between seasons, we’re bringing some of our favorite conversations from across Blockworks onto the feed. In this episode of Forward…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2049,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-breakdown-440465/episodes/fed-governor-miran-on-why-inflation-fears-are-overstated-forward-guidance/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-breakdown-440465/fed-governor-miran-on-why-inflation-fears-are-overstated-forward-guidance.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}