report video

Please log in or create an account and become a temulandian in order to submit a report.

Fiat is the Ultimate Ponzi – Lawrence Lepard

2530 Views
156
Dennis Porter
5720 subscribers

Larry came back on the show to talk about why fiat Fiat money is a government-issued currency that is not backed by a physical commodity but rather by the government that issued it. Fiat money is a government-issued currency that is not backed by a physical commodity but rather by the government that issued it.Learn more is a Ponzi. We talked about his recent quote “You can’t taper a Ponzi”. Larry explains why the current system is broken and he shares his views on where he sees us headed. We chatted about:

– Negative Rates
– UBI
– Leaving gold standard
– Inflation
Hyperinflation temuland term hyperinflation Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy.Learn more
– Deflation

0:00 What is a Ponzi?
8:40 Austrian vs Keynesian
10:00 Why Gold isn’t the Monetary Standard.
18:00 What is the “everything bubble”?
31:00 Can we go back to Sound money?
35:00 Will we go back to negative rates?
40:30 Bitcoin is the ultimate fix.
1:03:20 Larry’s advice!

Guest: Lawrence Lepard
Twitter

Host: Dennis Porter
Twitter
Articles
Website

Producer: Jacob Pope
Twitter

Be sure to join the “Smart People Shit” telegram for a more in-depth discussion on what’s going on in the world of BitcoinBitcoin1$ 19,332.240.18%-6.01%-15.89%details and receive exciting content that is exclusive to the followers in the Telegram.

Telegram

SHOW SPONSOR
Special thanks to the team over at Bitcoiner Jobs. If you are tired of going to work and want to find more meaning in your profession, head over to bitcoinerjobs.co and apply today!

BITCOIN 2022 PROMO
Make sure to snag your ticket for Bitcoin 2022 before the next price increase. You can use code “SMART” for 10% off your ticket.

Go to b.tc/conference/registration to buy your ticket now!

As a side note, this podcast is not financial advice. Any opinions expressed by the Host and the Guest are strictly for educational and entertainment purposes only and should be viewed as such. This is the first of many episodes and we’re aware we have a lot of room to grow. Feedback is appreciated and we will do our best to evolve with our listeners.

Thank you for your support!

bitboypompwhat bitcoin didsatireswan bitcoinbitcoinwhat is moneybitcoin magazinemark mossbtcethereumcryptocryptocurrencyshibudogeon chainpolitics