Onramp Media Why the US Government Needs $1M Bitcoin with Larry Lepard
10 snips
Feb 14, 2025 In this engaging discussion, Larry Lepard, author of "The Big Print," shares his expertise on Bitcoin, macroeconomics, and global finance. He highlights the impact of inflation, the future of currency, and why Bitcoin could be a sound alternative to gold. The conversation also delves into counterparty risks in digital currencies and the significance of diversified investments, especially amid today's economic volatility. Eager listeners will discover how Bitcoin might revolutionize financial stability and governance in the face of rising economic challenges.
AI Snips
Chapters
Books
Transcript
Episode notes
Fed Policy and Middle Class
- The Fed's policy decisions always harm the middle class, either through recession or inflation.
- This is evident in the stark wealth distribution, with the top 1% owning a disproportionate share.
CPI and Economic Statistics
- Government-reported statistics, like unemployment and inflation, can be misleading.
- Triangulate data from multiple sources for a more accurate economic picture.
Inflation and Onshoring
- The current inflationary environment is driven by factors like onshoring manufacturing.
- This could be a precursor to a "Plaza Accord 2.0" to bring assets back to the U.S.