You’re in a Financial Crisis (and You Don’t Even Know It) | Lawrence Lepard | BFM140
Lawrence Lepard is a professional investment manager who has been a long time advocate for a return to sound money, and therefore also Bitcoin. Lawrence recently published his first book: THE BIG PRINT: What Happened to America and How Sound Money Will Fix It.
› Follow Lawrence: https://x.com/LawrenceLepard
› Buy “The Big Print”: https://www.amazon.com/Big-Print-Happened-America-Sound-ebook/dp/B0DS9W8FFS
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🕑 TIMESTAMPS
00:00 - The Moral Implications of Inflation
04:44 - Understanding Debt-Based Money Systems
08:37 - The Flaws of Keynesian Economics
12:32 - The Historical Context of Sound Money
16:38 - The Fiat System and Its Injustices
22:26 - Measuring True Inflation Rates
25:52 - The Fiat Monetary System: A Subtle Con
28:35 - Signs of Economic Softness and Recession
31:50 - The Impact of Zero Interest Rate Policy
35:21 - Speculative Attacks on Fiat Currency
36:26 - The Fourth Turning and Monetary Reset
49:47 - Understanding the Divide: Bitcoin vs. Gold
52:53 - The Nature of Money: Ledger vs. Physical Assets
56:13 - The Role of Bitcoin in Modern Finance
59:43 - Political Implications of Bitcoin Adoption
01:14:46 - The Future of Bitcoin and Financial Systems
01:18:59 - Educating the Next Generation on Bitcoin
01:22:59 - Historical Lessons and Monetary Policy
01:27:54 - The Role of Bitcoin in Global Finance
01:31:44 - Call to Action for Sound Money
ℹ️ EPISODE SUMMARY
Bram Kanstein and Lawrence Lepard discusses the moral implications of inflation, the flaws of debt-based monetary systems, and the historical context of sound money. He emphasizes the need for a return to sound money standards and critiques the current fiat system. The discussion also touches on the legitimacy of fiat money, true inflation rates, signs of economic recession, and the future of monetary systems, including the role of Bitcoin and gold. In this conversation, Lawrence Lepard and Bram Kanstein delve into the nature of money, comparing Bitcoin and gold, and discussing the implications of fiat currency. They explore the risks of manipulation in financial markets, the role of government regulation, and the importance of educating the next generation about sound money. The discussion also touches on the future of Bitcoin in the global financial system and offers life advice for millennials, emphasizing health, wealth, and the importance of saving in Bitcoin terms.