Podcasts: WiM009 - The Saylor Series | Episode 9 | Economics, Inflation, Interest Rates, and Natural Competition π 3 years ago
- Category: Podcasts | The "What is Money?" Show
- Author(s): Robert Breedlove
- Published: 18th January 2021 01:46
Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.
00:00:00β - Episode Trailer
00:01:06β - Swan Bitcoin
00:03:22β - Robertβs Intro
Economics
00:06:46β Science of Infectious Disease, Sterilization, & Antibiotics
00:08:33β Economics with Dirty Money
Defective Money is Toxic
00:09:33β Meditations on Toxicity as a threat to life
00:11:33β Inflation Myths & Misconceptions
00:12:33β Jedi Mind Tricks in Economics ββNo Inflation Hereβ
00:13:33β Early Retirement in your Consumer Basket
00:15:06β Questioning Basic Premises of Economics
00:15:23β βWe canβt tell people what to think, but we can tell them what to think aboutβ
00:15:33β 30 year Bond calc β Mistake
Inflation & Interest Rates
00:17:09β Inflation Coefficients & Drivers
00:18:49β Scarcity in Real Estate & Goods
00:19:59β Agreement on bleeding George Washington to death
00:20:33β Energy content in products, services, & assets
00:23:33β Cherry Picking the Inflation Bucket for CPI
00:25:02β Obscene Asset Inflation
00:26:33β Scarce= High Energy Value
00:27:07β Inflation is Theft, but most donβt realize this
00:28:26β Inflation is Freezing to Death
00:31:00β Real Yields vs. Asset Inflation Rates
00:31:52β Storing Value in Equity & Debt
00:34:47β Why do Stocks always go up?
00:37:27β Big Tech vs. the entire Equity market
00:38:14β Darwinian Competition
00:40:04β Humility & Stoicism
00:41:54β Challenges of Competing & Commercializing Acquisitions
00:43:52β The Law of Decimation & Murphyβs Law
00:45:14β Underestimating the cost of maintenance on assets
00:45:47β Dangers of Youthful Ambition & Empire Building
00:47:33β 10% tithe as a continuing theme
00:49:11β Words donβt matter β Actions matter
00:49:31β Paradox of Marcus Aurelius & Imperial Virtue
00:52:03β Marcus Aurelius & the Crypto Keys to Empire
00:53:53β There is always time to snatch defeat from the jaws of victory
Natural Competition
00:54:50β Darwinian Vitality & Antifragilty
00:55:29β Terrifying Natural Beauty
00:56:11β Everything is at its finest when tomorrow is uncertain.
00:56:23β Ants at War on a Sunny Day
00:57:52β Lions & Antelope on Television
00:59:18β Dynamic Equilibrium & Ecosystem Health
01:00:53β Paradox of the Engineer vs. Zookeeper
01:01:30β Easter Island Ecosystem Collapse
01:02:10β Free Market is Economic Expression of Darwinian Equilibrium
01:03:33β - Robert's Outro
01:42:27β - End
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