4min chapter

Swan Signal Live - A Bitcoin Show cover image

Preston Pysh & James Davolos | Bitcoin, Inflation, and Hard Assets | Swan Signal E97

Swan Signal Live - A Bitcoin Show

CHAPTER

What if the Last 30 Years Were an Anomaly?

The past is an analog for the future, and that's what's going to happen again. So you had a extremely high and consistently declining interest rates. The West has really been importing disinflation in the form of cheap materials and cheap labor. And I see no likelihood in Washington curtailing deficit spending. We might be entering a new era where fiscal dominates monetary.

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Speaker 2
But the the distance that we have from from what it takes to make civilization work is, i think, a one reason why we're able to circle jerk as intensely as we can around who
Speaker 1
who is living in injustice. Which type of gay person is the one that's got the most oppression? Syo, well, aben, the problem that you ave is that only in a world that's this convenient would you be able to lap with so many different games that you're playing. I heard this quote the other day, which is so perfect. And it said, the demand for racism outstrips the supply. Ha ha, ha, ha h at the moment. At
Speaker 2
fascinating idea, yes.
Speaker 1
And what you think about is that the ibramax kendys of the world, and the anti racism trainers of the world, and the people who take their social status from it, not even the people that make money, you know, just the people that are able to tweat about it, the people who rely on racism to give them their sense of self and position and power in the world, raceism to continue. So what do they do? They continue to expand the definition of raceism to encompass more and more and more things i justd i just spent some good time with a native american teacher,
Speaker 2
manche and is a descendant of quana parker, who was e the last chief the comanches. And and i like inexperiences with him, like, i got to learn so much about, like, a land literally taken from people. And and i connect. I just, i, i love learning more about that, even though it is actually really vise, like to learn aboutlike the fact that we're really on, like we really are privy or or accomplice in some way to this, like these people live with this, and they keep there. They're still here. They keep living. And quana was actually a really interesting bridge between worlds, ah, between his world and the world that that he liked was coaching his people, hayman, this is coming. We have to do something about this. And hes, he's like, you can take our land, but you can't take our medicine. You can't take our way of life. I, i definitely connect to that story. I connect the mean, i had this coffee book when i was young of martin luther king. And i remember in high school just learning about the civil rights and just going like, like, just what the hell this is? And it just defined me the this struggle, this like the the that that people and that people a, that people were treated that way. And then it just kept getting more in tense, the layers of it. Just the realization of how pervasive this activity of of owning people, putting them to work, the differing levels of of who gets treated in what way, different classifications of people, different. I still feel very strongly that we live in like a caste system. There are different sort of casts, how. So just it just feels like i'm in the stage that i'm in. We all have. I think, i believe in the opportunities for upward mobility. And i believe in, this might sound like a shitty fuckand bearded white thing to say, but this, there's a kind of value in accepting where i am as like, this is my this is my level. This is where i aat in life, casten cause then i can like, i can feed my family, i can, i can do these things. I can feel the richness of it and not continually strie iin thus thas
Speaker 1
ye t, that's an interesting way to look at it. Hat. That's an inna citadel that you can retreat to as well, right? Or a cope. I've got to come to terms with it, right? But the reason that it's so satisfying and so reassuring and comforting to get to is that it stops the drive. It stops at least a little bit of the drive for more. I'm looking for excuse to feel satisfied. Yet precisely again, the ancient greek word for work used to be, not at leisure. That it shouldn't be the case that you feel like your primary source of value to the world, as a father of like lots of children, and a husband and a creator and all this stuff, primary source of value to the world is whether or not you can double your income over the next five years. That's not supposed to be the way that we'resupposed to value each other. But in a world which is bereft of community and connection and sense of belonging to the wider mythos of the theer nation that you're in, what have you got? O? I've got my bank account. I've got my social mediam followers. I've got my watch time on youtube,
Speaker 2
an endless possibility.
Speaker 1
Yes. And i've got my ability to accuse other people in my group of not being as oppressed as me. Yes.

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