
 Blue Collar Bitcoin
 Blue Collar Bitcoin BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)
 Apr 9, 2023 
 Chapters 
 Transcript 
 Episode notes 
 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22 
 Introduction 
 00:00 • 3min 
 The Importance of Explaining Things Simplely 
 03:26 • 2min 
 How to Explain Complex Shit 
 05:04 • 4min 
 The Importance of Understanding Bitcoin 
 09:25 • 2min 
 The Global Economy: What in the Fuck Is Going On? 
 11:18 • 5min 
 The Fed's Band Aid Fix on Inflation 
 15:52 • 3min 
 The Fed's Changes in the Fiscal Year 
 18:39 • 3min 
 How Fiat Banking and Fractional Reserve Banking Work 
 21:10 • 5min 
 How to Run a Bitcoin Node 
 26:36 • 3min 
 The Fed's Bailout Facility for Regional Banks 
 29:35 • 2min 
 The Differences Between BTFP and the Discount Window Mechanism 
 31:28 • 4min 
 The Risk of Centralization in Banking 
 35:37 • 2min 
 The Effects of Rule Changes Midstream on Social Security 
 37:55 • 2min 
 The Effect of the 2008 Financial Crisis on Commercial Real Estate 
 39:46 • 6min 
 The Dark Side of Options Shorting 
 45:35 • 4min 
 The Fed's Control of Commercial Real Estate 
 49:47 • 5min 
 The Fed Can Control Commercial Real Estate 
 54:27 • 2min 
 The Fed's Ability to Fight Inflation 
 56:42 • 6min 
 How to Protect Yourself From a Recession 
 01:02:39 • 6min 
 The Volatility of the Credit Cycle 
 01:08:16 • 4min 
 Bitcoin: The Best Sponge for Global Liquidity 
 01:12:23 • 3min 
 Nick and the Bitcoin Layer 
 01:14:58 • 3min 
