1min snip

Bankless cover image

128 - Scariest Macro Setup In 20+ Years | Luke Gromen

Bankless

NOTE

Energy is the True Discount Rate of Economic Activity

Every asset, with the exception of gold and bit coin, there is implied a growing supply of cheap and affordable energy. The marginal barrel of oil keeps getting more ensive to find. If we didn't have all the debt we had, and particularythy sovereign debt we had,. this would be economically problematic but not catastrophic.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode