Lawrence Lepard: Next Fed Pivot Will Be The Last

Coin Stories

00:00

The Stock Market's Down This Year, You Know?

We're going into an amazing, you know, amazingly large shitstorm in the next 12 months. I think if you're holding a version of sound money or stocks that are tied to sound money, you're gonna be very well served for having done that. It's the most asymmetric trade I've seen in 45 years of doing this. And it doesn't feel very good right now because of the recency bias of the last year or so,. But we're about to see something completely different in about a year when Bitcoin's at 100,000 golds at 3,000.

Play episode from 39:20

chevron_right

Transcript

chevron_right

Transcript

Episode notes

Lawrence Lepard founded Equity Management Associates in 2006. EMA is an equity investment management firm investing in growing private and public companies around the world. The competitive CrossFit Masters Athlete and former pilot earned his MBA from Harvard and BA in economics from Colgate.

Follow Lawrence on Twitter https://twitter.com/LawrenceLepard

IN THIS EPISODE:

0:00 Swan Bitcoin promo

1:18 Growing up in Michigan

2:00 Dad was a shopkeeper; first love was engineering, path led to economics

4:58 Investing in the internet in 1993 and 1994, seeing the dot-com bubble

6:38 Comparing Bitcoin to early internet skepticism "passing fad"

8:54 Roots traced to the Mayflower

11:23 Going off the gold standard was an earthquake in the wrong direction

14:19 "Bitcoin is a spear that is pointed right at the heart of the fiat system."

14:38 Discovering Bitcoin

18:19 Going down the BTC rabbit hole; self-sovereignty

20:46 "Any measure you want to use (Bitcoin) is growing."

21:30 "Plan B did a very big disservice to the Bitcoin community."

25:02 iTrustCapital promo

25:48 Bitcoin 2023 and Bitcoin Amsterdam promo

26:54 Fold app promo

27:29 "The Fed is losing it ... they completely blew it." Hyperinflation is coming.

34:49 Bond market is going to break the Fed

40:12 "We're going into an amazingly large shitstorm in the next 12 months."

41:30 What happens when the money printer kicks in?

47:27 Birth of a crisis ... labor started with 2008 housing bubble and recession

50:06 Double-digit inflation "The money is bad. The money is broken."

51:33 Ayn Rand "Whenever destroyers appear ... they start by destroying money"

52:56 Mainstream doesn't understand problem

54:56 Bitcoin cuts through "red" and "blue"

57:06 What does the Fed do if the next pivot isn't the last?

59:59 Dove into CrossFit in his 50's after reading Younger Next Year by Chris Crowley

1:02:56 Carnivore diet

1:03:52 Sound money, sound body, sound mind

1:04:39 Former pilot; father was also a pilot

1:05:40 Bitcoin will flip gold

1:07:48 Be strong and optimistic

✔️ Coin Stories is powered by @Swan Bitcoin the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases. Swan serves clients of any size, from $10 to $10M+. Visit https://www.swanbitcoin.com/nataliebrunell for $10 in Bitcoin when you sign up. If you are planning to buy more than $100,000 of Bitcoin over the next year, the Swan Private team can help. Swan Bitcoin is hosting this year's inaugural Pacific Bitcoin event designed to deliver two days of Bitcoin-only programming featuring top experts and celebrity Bitcoin fans. This unique event November 10-11 in Los Angeles will give you the ability to meaningfully engage the Bitcoin community & industry insiders. Visit https://www.PacificBitcoin.com/ for tickets. Use code HODL for 30% off your pass.

✔️ BITCOIN 2023 by @Bitcoin Magazine will be the biggest Bitcoin event in history May 18-20 in Miami Beach. Speakers include Michael Saylor, Lyn Alden and Michelle Phan, plus a Day 3 music festival. Nearly 30,000 people attended Bitcoin 2022; more than 1,100 companies and 250 media outlets were represented. NATALIE BRUNELL IS A CONFIRMED SPEAKER at BITCOIN AMSTERDAM October 12-14, 2022. Get an early bird pass at a steep discount at https://b.tc/conference use code HODL for 10% off your pass to BITCOIN 2023 or AMSTERDAM.

✔️ With iTrustCapital you can invest in crypto without worrying about taxes or fees. iTrustCapital allows clients to invest in crypto through an individual retirement account. IRAs are tax-sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is it's totally free to open an account, and there are no hidden fees, monthly subscriptions or membership fees. If you open and fund an account you will get a $100 funding bonus. To learn more and open a free account go to https://itrust.capital/nataliebrunell.

✔️ Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with Fold's Bitcoin cash back debit card, and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats!

OTHER RESOURCES

- Natalie's website https://talkingbitcoin.com/

- Lawrence Lepard at EMA https://www.ema2.com/team

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS

Strike ID https://strike.me/coinstoriesnat/

Cash App $CoinStories

BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

FOLLOW NATALIE ON SOCIAL MEDIA

Twitter https://twitter.com/natbrunell

Instagram https://www.instagram.com/nataliebrunell