Debt, Deficit, Spending & Tax with Dominic Frisby
Debt, Deficit, Spending & Tax with Dominic Frisby
What Bitcoin Did with Peter McCormack

“In a libertarian society where the government doesn’t do anything the responsibility falls on citizens to do stuff, at the moment, that responsibility is the state’s; so, with freedom comes responsibility.”
— Dominic Frisby

Dominic Frisby is a British author, comedian, voice actor and musical curator. He also produces one of the top 20 financial substacks. In this interview, we discuss a range of issues highlighting how dire our current economic situation is, and if sound money and libertarianism are the solutions, the responsibilities this imposes on us as free citizens.

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The global economy is in serious trouble. Our guests know it. Regular listeners know it. Yet many are ignorant of the dangerous predicament we’re in. This is despite significant evidence of the coming crisis being available to anyone wishing to look. Portents of things to come abound: rising deficits, unsustainable debt, high inflation and crumbling public services. And there is no political incentive to resolve the situation.

This does not mean that governments aren’t preparing. For starters, there are tremors in the bedrock of the global reserve currency system. China is discreetly hoarding gold. Russia is seeking to utilize digital currencies. The number of countries adding their name to a new BRICS’ based reserve system is growing. The multi-polar world is being built.

Then there are the less explicit but equally concerning plans in the traditionally democratic west. If, as expected, the global economy significantly weakens, the public response could destabilise society. There is always more than one path out of any situation, but authoritarian policies are more appealing to those seeking to maintain control.

Implementation of schemes designed to control society will require mendacious actions. CBDCs will be sold as benign technology advancements enabling more efficient payment mechanisms between the state and the individual. The risks are clear. Fundamentally, our freedoms will depend on the monetary basis we adopt. These are crucial times. It’s up to us to continue to raise the alarm.

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This episode’s sponsors:
Gemini - Buy Bitcoin instantly
Ledn - Financial services for Bitcoin hodlers
Bitcasino - The Future of Gaming is here
Fidelity - Careers in crypto
Ledger - State of the art Bitcoin hardware wallet
Wasabi Wallet - Privacy by default
BCB Group - Global digital financial Services


WBD598 - Show Notes


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5,757 sats
30 Dec
I truly enjoyed this episode. Thank you Dominic Frisby for Kisses on a Postcard, I would have never discovered this being an American had I not heard you here. Musicals are not my thing or so I thought. I gave it a listen and couldn’t stop. What a masterpiece..I found myself in tears one moment and elated with happiness the next, a true roller coaster of raw human emotion. Would love to boost that as well on fountain but it’s not setup yet, thank you Dominic for your piece of art.
600 sats
30 Dec
500 sats
2 Jan
100 sats
29 Dec
I have given a few sats because this has been my favorite podcast since I have become interested in bitcoin. I'm sad to have to say it is no longer the case. I just do not enjoy the shows nearly as much as I used to. It's not any swing left criticism. In fact I welcome embracing what could be called progressive speakers and ideas. It just seems that the shows are frankly less interesting lately. Maybe it's the bear market, maybe it's a holiday lull. I dont know.
100 sats
28 Dec
100 sats
2 Jan
My mum was a Shoreditch girl, evacuated to Leicestershire, separated from her sisters and never got over that time. She met her first black man there too! Tears rolling down my face, all sorts of emotions. Thank you. And we think life is tough.