Mike Brock on fiscal policy
From The Nature of Words, Actions, and Ethics with Mike Brock (WiM468) · · WiM Media
“I think we're moving into a period of fiscal dominance which I think is going to make it harder for the government to control inflation if it doesn't cut spending and or raise taxes... I think most of this inflation that we created for ourselves was a result of incredibly irresponsible fiscal actions by Western governments.”
On , Mike Brock, Chief Executive Officer of TBD at Square, spoke about fiscal policy during The Nature of Words, Actions, and Ethics with Mike Brock (WiM468) on WiM Media.
About Mike Brock
Mike Brock, the former CEO of TBD at Block, has become a full-time political writer and commentator on his Substack, "Notes from the Circus," and through frequent appearances on other podcasts and live streams. In late 2025, he has been a vocal critic of the Trump administration, describing its actions as lawless and accusing figures like Donald Trump and JD Vance of undermining democratic institutions. He has characterized the political right as a coalition that includes what he calls fascists and has called Republican members of Congress who do not oppose the administration "cowards." Brock has also commented on specific events, such as the shooting of two National Guardsmen near the White House, which he described as a potential rallying cry for political repression. In his professional capacity, Brock has continued to advocate for Bitcoin as an "open protocol for money" and a tool for pricing political risk. At Block's Investor Day in December 2025, he discussed the company's strategy for entering the Bitcoin mining hardware market, arguing that the current market is dangerously centralized and that Block's expertise in hardware design gives it a competitive advantage. He has also expressed skepticism about the idea that Bitcoin will replace state currencies, stating that he believes some elasticity in money supplies is important for advanced economies. Brock has described himself as a liberal and a proponent of democracy, and has stated that he left his role in the crypto industry because staying would have meant surrendering his values.