M2 money supply

Alan Greenspan, who passed away at 100, expanded the Federal Reserve's power during his five terms as chair, shifting monetary policy from monetarism to data dependence and establishing emergency liquidity measures like the 'Greenspan put'. His tenure included notable events like the 1987 Black Monday crash and the 1996 'irrational exuberance' warning.

Kevin Warsh, as the new Fed Chair, prioritizes price stability and reduced forward guidance, highlighting the dollar's need for human intervention to avoid debasement. Bitcoin's hard-capped supply and predictable issuance contrast with the Fed's discretionary money supply adjustments, emphasizing Bitcoin's inherent predictability.