I've been thinking about stagflation lately myself Concerning the USA. Mainly because 9 times out of 10, stagflation leads to hyperinflation........Another interesting thought I've had lately is in relative terms percentage wise BTC from here to say the max most will think it hits, 1million per Bitcoin. That still is only a 25x gain from here. Of course for institutions and Big Businesses those gains are massive. However in the reality of start ups and Micro Caps, that's the average 6months-1years gain not the potential for it's life expectancy. As a builder myself I would expect at least 100x on my money for any company I start. Anyways thanks for another great Episode! Love the conversation!
I enjoyed this episode a lot. Wondering if guys have considered having the camera/video viewing just the person that’s speaking. If you’ve ever watched JRE you’ll know what filming style I’m talking about.
Thanks guys. Good to hear bearish thoughts too although I am very bullish. Always good to realize 20K is still possible. This helps making it easier nit to sell when it happens. Of course I will not trying to be smart by selling to buy back cheaper. HODL is the way for pleb like me 😎
Good episode. I agree with Joe, but Jeff makes some good points. I think Joe is expecting a Fed pivot because of the reasons Jeff thinks the worse is ahead of us. I just expect volatility.
I quit listening after 50 minutes. I really don’t know how you could go that long discussing these topics without bringing up the US balance of payments problem and how financialized the US economy is. Tax receipts being a direct reflection of that value. If those plunge so do tax receipts which means the Fed has to buy even more treasuries. Social Security Medicare and defense are over 100% of tax receipts currently and tax receipts are at all-time highs. Rates can never be raised to any significant degree because there is far too much debt on the US balance sheet and historically the only way out without hard default is to devalue the currency by creating more so those holding bonds will get crushed and inflation will remain above those bond rates for years. just like after World War II you will see yield curve control and prolonged periods of financial repression. Given the fiscal balance sheet the Fed cannot tolerate deflation so any sign of it will drive even larger amounts of money/debt into the system. This is an enormous Elephant in the discussion room and hardly a mention of it so after 50 minutes I just quit listening.
These conversations are invaluable. Thank you guys… try and make these more regularly!
So glad you enjoyed it!
Great round table!! Learned a lot!
Glad it was helpful, Gevian!
This round table should be the halftime show during the final 4
Thank you for watching, Caleb!
Awesome - thanks
So happy you enjoyed it, David!
I've been thinking about stagflation lately myself Concerning the USA. Mainly because 9 times out of 10, stagflation leads to hyperinflation........Another interesting thought I've had lately is in relative terms percentage wise BTC from here to say the max most will think it hits, 1million per Bitcoin. That still is only a 25x gain from here. Of course for institutions and Big Businesses those gains are massive. However in the reality of start ups and Micro Caps, that's the average 6months-1years gain not the potential for it's life expectancy. As a builder myself I would expect at least 100x on my money for any company I start. Anyways thanks for another great Episode! Love the conversation!
Glad you enjoyed the discussion!
This should be a weekly. Great insights
So happy you think so!
I enjoyed this episode a lot. Wondering if guys have considered having the camera/video viewing just the person that’s speaking. If you’ve ever watched JRE you’ll know what filming style I’m talking about.
Lol I love how Joe gets more and more tired of Jay's non-points and interruptions 😂
Thanks guys. Good to hear bearish thoughts too although I am very bullish. Always good to realize 20K is still possible. This helps making it easier nit to sell when it happens. Of course I will not trying to be smart by selling to buy back cheaper. HODL is the way for pleb like me 😎
Thanks for watching!
Good episode. I agree with Joe, but Jeff makes some good points.
I think Joe is expecting a Fed pivot because of the reasons Jeff thinks the worse is ahead of us.
I just expect volatility.
Thanks for watching!
Joe knows
thermonuclear energy is coming which will mean unlimited energy, the cost of mining bitcoin or other cryptos wont be an issue.
Bitcoin.
Thanks for tuning in!
Really don't like the way the guy in the white sweater constantly interrupts the guy in the blue sweater. Please let him have his say
I quit listening after 50 minutes. I really don’t know how you could go that long discussing these topics without bringing up the US balance of payments problem and how financialized the US economy is. Tax receipts being a direct reflection of that value. If those plunge so do tax receipts which means the Fed has to buy even more treasuries. Social Security Medicare and defense are over 100% of tax receipts currently and tax receipts are at all-time highs. Rates can never be raised to any significant degree because there is far too much debt on the US balance sheet and historically the only way out without hard default is to devalue the currency by creating more so those holding bonds will get crushed and inflation will remain above those bond rates for years. just like after World War II you will see yield curve control and prolonged periods of financial repression. Given the fiscal balance sheet the Fed cannot tolerate deflation so any sign of it will drive even larger amounts of money/debt into the system.
This is an enormous Elephant in the discussion room and hardly a mention of it so after 50 minutes I just quit listening.
If you can’t keep your mind open you will be a shit investor. Seems like a lot of these guys have a closed mind