3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC123: The Legacy Banking System in Shambles w/ Alf Peccatiello (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Debt Spirale and the Future of Finance

There's a lot of people writing and talking about the U.S. and many other countries being in a death spiral with respect to higher interest rates. Alf: What really matters in our traditional finance system is real returns and real interest rates. He says policymakers can fix problems artificially so that are very close to the core of the system.

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