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

April 15, 2019 00:35:44
Episode Cover

CryptoQuikRead_234 - How is Fiat Money Possible [Part 1 - Hans Hermann Hoppe]

"Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title...

Listen

Episode

March 13, 2024 00:59:23
Episode Cover

Read_807 - A Measure of Sacrifice, Part 2

"Of all measurement instruments, the clock is the most valuable because so many of the things we sacrifice to create are not fungible. The...

Listen

Episode

July 11, 2018 00:25:54
Episode Cover

CryptoQuikRead_109 - The Bitcoin Risk Spectrum [Nik Bhatia]

"Bitcoin staked to Lightning is the most unique income producing asset in all of monetary history: income with zero counterparty risk. The historical implications...

Listen