Raoul Pal joins for me a mind-blowing exploration of global financial history, the emergence of the exponential age, Bitcoin, the metaverse, and a look into the future of humanity.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
GUEST
Raoul's twitter: https://twitter.com/RaoulGMI
Raoul's company: https://www.realvision.com/
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 “The Sun Never Sets on the British Empire”
00:06:22 The Weimar Hyperinflation
00:08:56 World War II and The Baby Boomers
00:13:29 Pax Americana and Rules-Based Global Order
00:17:00 The Largest Demand Shock Ever Seen
00:22:22 Economic Disparity Driving Political Polarization
00:25:28 Reagan, Thatcher, and Unintended Consequences
00:30:32 Financialization of the 1980s
00:34:46 Introduction of the WTO
00:39:45 NYDIG
00:40:53 The Dark Side of the “Exorbitant Privilege”
00:42:47 Central Bank Policy Tools and “Managing” the Business Cycle
00:44:34 The 1997 Asian Financial Crisis
00:49:35 The 2001 Dotcom Crisis
00:50:51 Collapse in Labor Force Participation and Monetary Velocity
00:53:46 The 2008 Great Financial Crisis and QE Infinity
00:59:30 The Making of the Everything Bubble
01:04:20 The Rise of Digital, Populism, and Wealth Confiscation
01:09:54 The Fourth Turning and “The Pandemic”
01:15:47 Universal Underwriting by The Central Bank
01:19:14 The Unstoppable Truth of Demographics
01:25:39 Bitcoin and the Unreality of Currency Debasement
01:32:07 Lack of Segregation in Financial Instrument Property Rights
01:38:14 Possible Political Responses to the Impending Financial Crisis
01:41:25 Misaligned Incentives, Population Control, and The Exponential Age
01:44:54 Emergence of the Metaverse and Networked States
01:50:20 “The Game Is Not What You Want It To Be, The Game Is What It Is”
01:56:16 A World Running on Deflationary and Programmable Money
01:59:59 Digital Identity, “Capitalist UBI,” and Free Energy?
02:06:36 Where Does the Value Accrue in the Exponential Age?
02:13:27 The Possibility of Radical Life Extension
02:15:17 Change the Money, Change the World
SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
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All My Current Work: https://linktr.ee/breedlove22
WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
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Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true
RECOMMENDED BUSINESSES
Worldclass Bitcoin Financial Services: https://nydig.com/
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