What hotter-than-expected inflation means for crypto

00:00 Scott Melker

CPI came in hot today, and the problem wasn't just gasoline. Of course, that means markets are under pressure because it means that the Fed may likely hike rates. I'm old enough to remember when last week, people were talking about the Fed cutting rates. Markets are all over the place, the readings, and the data are all over the place. We're going to unpack some of it right now on the Daily Wolf. Let's go.

00:33 Scott Melker

What is up everybody? Welcome to the Daily Wolf on Yahoo Finance. I am your host Scott Melker, also known as the Wolf of all streets. Now,

00:46 Scott Melker

I know that every single one of you watching every one of these shows, also watches my 9:00 a.m. show on YouTube, but today was extra special. I had the opportunity to interview Safe Dina Moose, the author of the Bitcoin Standard.

01:03 Scott Melker

That book was one of the reasons that I became a Bitcoiner. Highly recommend that you read both that and the Fiat Standard and also listen to the interview that I had with Safe A this morning.

01:14 Scott Melker

Now that I've done that commercial for my other content, let's dive into the actual news of the day and let's start with CPI, baby.

01:26 Scott Melker