On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Mark Dow author of behavioural macro, a former policy economist, prior hedge fund manager and self prescribed fiat enthusiast. Mark walks through the process of QE & QT and explains how most overestimate the effect they have on liquidity. Does QE actually have any effect on a banks appetite for risk? Alfonso & Mark then discuss if the Fed will remain tighter than most think & what level of inflation will cause the Fed to reverse course. Could the bottom be in? To find out, you'll have to tune in! -- Follow Mark: https://twitter.com/mark_dow Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (00:00) Introduction  (00:44) Quantitative Tightening (08:13) Does QE Actually Effect Banks Appetite For Risk? (17:45) What Level Of Inflation Does The Fed Wan't To See? (22:11) The Fed Will Remain Tighter Than Most Think -- Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.