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Terrence Yang
Economics and technology commentator focused on fiscal metrics, US–China dynamics, AI, and Bitcoin; featured guest on this episode to discuss federal net outlays, geopolitics, and digital scarcity.
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Nov 17, 2025
• 51min
Episode #507: Inside the Real Economics of America, China, and Digital Gold
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Terrence Yang, an economics and technology commentator, dives into the intricacies of the U.S. and China's economic landscapes. He discusses federal net outlays and the importance of sustainable growth, emphasizing the need for recurring revenue over one-time income. The conversation shifts to military power and its role in maintaining the dollar's reserve status. They also explore the AI race and concerns about trust in open-source models, drawing parallels between Bitcoin governance and AI maintainership. Finally, Terrence highlights Bitcoin's potential as digital gold and a future unit of account.
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