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The "What is Money?" Show

Worldwide Debt Spiral with James Lavish (WiM294)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 1 April 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

James Lavish joins me to discuss the current financial situation of the U.S., the effects of the debt spiral, how the fiat system is showing its vulnerabilities, the LDI crisis of the UK, and how Bitcoin can provide the ultimate solution.

Transcript

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0:00.0

It's actually infuriating.

0:01.2

Yeah.

0:02.0

Right?

0:03.0

But why are they doing this?

0:04.0

Okay.

0:05.0

Honestly, they're doing it to protect the dollar, right?

0:08.0

So because of what we just talked about, they need that inflation to stay down enough

0:14.0

that it doesn't look like it's inflating like it's hyperinflating.

0:17.0

Yeah.

0:18.0

At least the perception of inflation, right?

0:20.0

Perception. Yeah. But they need it to be high enough to inflate away the old debt.

0:24.4

And that's where we're at right now.

0:26.2

So that's kind of the game that they're playing.

0:28.3

And they all know it.

0:29.3

Yeah. This is not any, you know, you and I read these things on Twitter, the, you know,

0:35.5

the Fed and the treasure, they're idiots.

0:37.1

They're not idiots. They know what's

0:38.3

going on. Right. It's just they have to assume we're all idiots. It's like a controlled

0:43.0

demolition or something. Yeah. Yeah. It's like we're just, well, it's kind of like we're just, we know

0:50.8

we have this incurable disease, this incurable debt disease.

0:55.9

And we're going to draw it out for as long as we can.

0:59.4

Right.

...

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