We Study Billionaires - The Investor’s Podcast Network

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

Mar 29, 2023

Alfonso Peccatiello, aka Macro Alf, is a macroeconomic expert who unpacks the tumultuous state of the global banking system. He discusses the implications of immediate withdrawals on bank reserves and explores rising inflation and bond yield puzzles. The conversation turns to the increasing shift towards Bitcoin and gold by non-NATO countries, highlighting vulnerabilities in the U.S. dollar's dominance. Peccatiello also assesses the risks in real estate and the potential for a recession, advocating for informed investment strategies amidst current economic turmoil.

55:43

Episode guests

Alfonso Peccatiello

Highlights

AI Chapters

Episode notes

The Coming Financial Crisis

03:11

The Treasury is what whole system is built on/principal collateral

00:55

Global reserve chnages slowly

00:42

Institutions went for RE because fixed income was not yielding. Biggest problem

00:55

Intro

6min

Navigating Banking Regulations and Risks

13min

Investing in Bitcoin and Beyond

9min

Global Banking Dynamics and Currency Shifts

13min

Banking Stress and Its Implications on Credit Markets

5min

Navigating Economic Risks in Real Estate and Bitcoin's Role

14min

Preston Pysh interviews Alfonso Peccatiello, better known as Macro Alf, to talk about how the banking system works, what might come next with the spreading global impairment, and what it might mean for Bitcoin and other asset classes.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:25 - Global perspectives and insights.

05:28 - The impact of immediate withdrawals on banks' cash reserves.

11:49 - Twitter debates: QE returns or not?

11:49 - Dispelling Bitcoiners' mistrust in the banking system.

28:43 - Piecing together the European inflation & bond yield puzzle.

34:52 - Predicting the 10YR-2YR inversion's future.

34:52 - Shadow banking and insurance companies under the microscope.

42:58 - Real estate and REITs in times of high debt and interest rates.

42:58 - Examining inflation stickiness in today's economy.

50:32 - Unexplored insights: What's being overlooked?

55:33 - Debating the debt spiral scenario.

55:33 - From problem talk to finding solutions.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Macro Alf's Website and Content.
Macro Alf's Twitter.
Related episode: Listen to TIP495: The Changing Composition of Money w/ Alfonso Peccatiello, or watch the video.
Related episode: Listen to MI232: Understanding Quantitative Easing w/ Alfonso Peccatiello, or watch the video.

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