Read_506 - Pumping Iron [Arthur Hayes]

March 19, 2021 01:31:19
Read_506 - Pumping Iron [Arthur Hayes]
Bitcoin Audible
Read_506 - Pumping Iron [Arthur Hayes]

Mar 19 2021 | 01:31:19

/

Hosted By

Guy Swann

Show Notes

“40 years of this back and forth has resulted in almost $20 trillion in zero- or negative-yield government and corporate debt, the lowest interest rates in the last 5,000 years, and the most amount of global debt ever in human civilization." - Arthur Hayes

Our macro situation is teeter between Financial Armageddon on the one hand, if governments and central banks let interest rates rise, and possible war and revolution on the other, if they hyperinflate their currencies to absolve them of their debts. Is there anything that can protect us from this terrible situation? How on earth do you build a portfolio in such an environment?  

Today we read, Arthur Hayes's amazing piece from the BitMex blog, "Pumping Iron":
https://blog.bitmex.com/pumping-iron/

Don't forget to read/listen to his other great piece mentioned "Choose Your Fiction":
https://bitcoinaudible.com/?p=3907

A huge thank you to our amazing sponsors:
SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

March 30, 2022 01:28:32
Episode Cover

Guy's Take #52 - Follow up to Read 615 - The State vs Bitcoin

This episode is because the previous read by Steve Barbour deserved a Guy's Take. Before we change topics to privacy in the episode coming...

Listen

Episode

February 23, 2021 01:59:48
Episode Cover

Read_497 - Bitcoin is Venice [Allen Farrington]

"Does anybody really believe that, having fully understood the choice they face, any individual would choose to save in a self-referentially mispriced toxic loan...

Listen

Episode

July 06, 2024 00:44:27
Episode Cover

Read_832 - Protect Your Bitcoin From $5 Wrench Attacks

"Whatever your setup is for storing the majority of your bitcoin - be it hot or cold, online or offline, software or hardware -...

Listen