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RJ Talyor is the Founder and CEO of Backstroke a AI for eCommerce generative content platform for email marketers. Instantly create on-brand, high-performing email subject lines, preview text, mobile push notifications, and SMS messages.Summary of PodcastPodcast introduction and guest backgroundGraham and Kevin introduce the Next 100 Days Podcast and welcome RJ Talyor from Indianapolis. RJ describes Indianapolis as offering the best of a big city with a small-city feel, with about a million people, great sports, culture, food, and good cost of living. He has traveled extensively but always enjoys returning home.Backstroke's AI email generation platformRJ introduces Backstroke.com, which generates performant email campaigns for e-commerce retailers selling clothes, pet food, furniture, and other products online and in-store. E-commerce brands typically expect 20-50% of revenue from email marketing while sending 3-5+ emails weekly, with customers spending 8-12 hours per campaign. Backstroke reduces this to approximately 15 minutes while personalising content so each customer receives a different message tailored to their interests and behaviour.Personalisation through data and engagement Backstroke personalises emails using multiple data layers: subscriber status, past engagement (opens, clicks, conversions), and appended third-party data revealing demographics like age, location, and gender. When additional data is unavailable, the platform uses progressive profiling—analysing engagement patterns to infer preferences. For example, if a customer consistently clicks on men's content over women's content, or prefers dark-coloured shirts over light ones, AI identifies these patterns to drive personalisation, which is more effective than manual analysis.Real-world personalisation: from negative to advocateGraham shares a personal story about Son of a Tailor, a Portuguese apparel brand, where his initial experience was poor—they sent him a shirt too short for his frame. However, the company responded exceptionally well, ultimately creating a monogrammed, high-quality shirt that transformed him into an advocate. RJ explains this is valuable data: AI can flag customers who experienced negative-to-positive journeys as potential super-fans or loyalty advocates, a pattern most marketers miss because they lack time to identify such nuanced customer experiences.AI pattern recognition beyond traditional metricsTraditional RFM (Recency, Frequency, Monetary) models reduce customers to transactional data, but AI can extract signal from unstructured data to identify complex patterns. For instance, AI can recognize when a customer buys different sizes (suggesting purchases for others) or when multiple preferences exist within one account—like RJ's Spotify feed where his children's music preferences mix with his own. AI discerns these overlapping patterns that aren't immediately obvious to humans, enabling more sophisticated segmentation.Team expertise and company historyRJ co-founded Backstroke with his wife Allison, who holds a PhD in deep data analysis and chemical reagents, bringing statistical rigour and predictive modelling expertise. RJ's background includes starting Pattern89 in 2016, an AI company predicting Instagram and Facebook clicks using computer vision and natural language processing, which he sold to Shutterstock. Many Pattern89 team members joined Backstroke, bringing 10 years of AI-based marketing experience, while the team continuously innovates with new foundational models from Anthropic and OpenAI.Implementation results and Surge featureBackstroke achieves an average 30% uplift in conversion rates for new clients. Implementation typically takes about a month for full transformation, but recognising customer demand for faster results, the company launched "Surge," enabling campaigns to launch in 48 hours. This rapid-deployment feature demonstrates predictive capabilities quickly, satisfying customers who want immediate proof before committing to full onboarding.Email variants and human approval at scaleWhile technically capable of generating 10,000+ unique email variants, Backstroke has found that customers require human review of every variant version. Current implementations range from 60-100 variants, with combinations of hero images, subject lines, and templates creating exponential possibilities. The company is building QA agents to enable scaling to millions of variants while maintaining human oversight, recognizing that creative teams ultimately bear responsibility for brand representation.Brand guidelines versus performance metricsA fundamental tension exists between brand teams (who enforce guidelines like "models must face forward" or "only use this colour") and performance marketers (who know "shirts perform better laid on a bed than on a human"). RJ explains this is often gut-feel decision-making based on outdated tests—teams cite tests from a year ago by employees who've since left, creating stale guidelines. AI enables rapid testing of creative variations to identify incremental opportunities, but requires organisational willingness to experiment beyond established brand rules.Customer selection philosophyRather than trying to convince resistant customers to embrace AI, RJ focuses on the "one in 10" truly innovative marketers willing to change. He learned from his previous business that most prospects claim interest but quickly reveal organizational barriers requiring approvals. His strategy is to identify customers genuinely committed to transformation and willing to pay, directing others to resources instead. This approach conserves energy for high-potential partnerships where AI can deliver real impact.Backstroke's core value propositionBackstroke solves the "what" problem: what content, subject line, preview, template, hero image, product display, and offer to send to each person. The platform knows that 46% of clicks occur in the first 400 pixels, so it optimizes that space differently for men versus women, loyal customers versus new ones, and geographic regions. This focused specialization on content optimization is Backstroke's primary value, distinct from solving "when" (send time) or "who" (segmentation) problems.Practical tips for email marketersFor marketers using standard LLMs without specialised platforms, RJ recommends uploading all previous email data and creative assets, then asking the machine to identify winning creative dimensions. This approach reveals patterns in subject lines, imagery, copy length, and offers without requiring subscriber-level analysis, enabling better-than-average results for those without access to specialised tools.Email frequency paradox and engagementKevin raises frustration with receiving excessive emails from companies he likes, asking if AI can enable sending less email while achieving better results. RJ explains that higher engagement with personalised content could theoretically reduce frequency, but email is fundamentally a frequency game—brands send multiple emails weekly to stay top-of-inbox when customers are ready to buy. However, deliverability depends on engagement (opens, clicks), so sending irrelevant content backfires. Backstroke solves the "what" problem, but send-time optimisation and segmentation (the "when" and "who") remain separate challenges.Market focus and customer examples Backstroke focuses exclusively on B2C e-commerce in North America due to language complexity and GDPR privacy requirements in Europe. The platform serves impulse-purchase categories (apparel, furniture, bedding) differently than considered purchases (mattresses, cars), with separate trained models for each. Notable customers include Third Love (women's intimates), Cozy Earth (bedding), Helix (mattresses), and Emile Henry (cookware), representing the apparel and home goods verticals where Backstroke has developed deep expertise.Future roadmap: predictive marketing agentsRJ's 18-month roadmap focuses on building predictive marketing agents that complete marketing tasks generatively while humans serve as brand stewards and strategists. This vision extends beyond email to SMS, apps, and landing pages, with personalisation as a core feature. Graham notes the challenge of making such systems intuitive enough for non-technical users, reflecting the broader industry shift toward AI-augmented rather than AI-replaced marketing roles.European expansion and compliance strategyWhile Backstroke is currently North America-focused, RJ is open to European partnerships but wants to be proactive about compliance. GDPR itself isn't a blocker, but European customers require security documentation and certifications that Backstroke hasn't yet obtained. The company recently achieved SOC 2 compliance (required by enterprise businesses) and plans to secure necessary privacy certifications before entering European markets, avoiding disqualification during sales cycles.Podcast analysis and key takeawaysIn the wrap-up, RJ praises the podcast for getting past fluff into real marketing challenges, appreciating the nitty-gritty discussion of how marketers actually work. Graham and Kevin reflect that the conversation revealed AI's potential to solve the "what" problem while highlighting remaining challenges in "when" and "who" decisions. They note that Kevin's observation about sending less email...
Today our Governing Council decided on monetary policy. Listen to President Christine Lagarde present today's decisions. The statement also covers: • how the economy is performing • how we expect prices to develop • the risks to the economic outlook • the dynamics behind financial and monetary conditions Published and recorded during our press conference on 11 June 2026. Our monetary policy statement at a glance, 11 June 2026 https://www.ecb.europa.eu/press/press_conference/visual-mps/2026/html/mopo_statement_explained_june.en.html Christine Lagarde, Boris Vujčić: Monetary policy statement, 11 June 2026 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2026/html/ecb.is260611~372040d313.en.html Monetary policy decisions, 11 June 2026 https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.mp260611~4d41bd5e83.en.html Combined monetary policy decisions and statement, 11 June 2026 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds260611~5b4603b5aa.en.pdf Macroeconomic projections, 11 June 2026 https://www.ecb.europa.eu/press/projections/html/index.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html
MSE host Bill Powers interviews gold-stock fund manager Larry Lepard of Equity Management Associates (ema2.com) about the sharp junior-miner selloff, which he attributes to a strong jobs report and renewed rate-hike fears, and why he still expects higher gold and silver prices amid unavoidable monetary debasement. Lepard compares today's environment to 1970s-style inflation waves, argues new Fed chair Kevin Warsh may be more dovish than expected, and says a future monetary reset could drive gold toward $10,000/oz+ and silver far higher, boosting silver equities. He outlines his preferred “sweet spot” of emerging, growing producers, discusses jurisdiction risks, portfolio management and profit-taking, and shares favorite stock picks. 00:00 Intro 00:17 Market Selloff 02:19 Inflation Waves and Fed Outlook 03:22 Monetary Reset and Metal Targets 04:26 Warsh Pivot and Rate Cuts 06:52 Fund Flows and Commodity Shift 09:26 Where Value Hides in Miners 14:18 Favorite Producers and Jurisdictions 17:27 Silver Price Upside and Taking Profits 20:44 Avino Silver 12-Bagger 21:47 Volatility and Taking Profits 23:08 When Mining Bets Fail 24:41 Refining the Investing Process 26:05 Tokenized Equities Debate 27:02 Monetary Debasement Thesis 29:36 Favorite Gold & Silver Stocks 33:27 How to Follow Larry Larry's contact info and Twitter handle: https://twitter.com/LawrenceLepard Larry's Newsletter Sign-up: http://eepurl.com/gOf1dT Larry's Quarterly Fund Letter: https://ema2.com/quarterly-reports/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
Every day, billions of transactions settle between strangers who have no idea which bank the other uses. That lack of friction is not automatic. Nine-tenths of the money in daily circulation has been created by commercial banks, but it stays trustworthy only because central banks stand behind it, and keep the system in balance.In this week's episode Tim Phillips talks to Stephen Cecchetti (Brandeis University, CEPR) about what happens when new forms of digital money test that architecture. Cecchetti is one of the authors of the eighth Barcelona Report in The Future of Banking series, part of the Banking Initiative at IESE Business School, just published by CEPR as a free download.Will retail central bank digital currencies, tokenised deposits, and stablecoins upset the delicate balance of system that has been running for decades? Stablecoins, for example, do not create money, but they claim the status of money without the institutional guarantee that makes money trustworthy. Three jurisdictions — the US, the EU, and the UK — are each resolving the same underlying contradiction in different ways. None has fully resolved it.The research behind this episode:Niepelt, Dirk, Stephen G. Cecchetti, Hélène Rey, and Xavier Vives. 2026. Digital Money: The Future of Banking 8. London: CEPR Press. Available as a free download from CEPR.To cite this episode:Phillips, Tim, and Stephen G. Cecchetti. 2026. “The digital money supply.” VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestStephen Cecchetti is the Rosen Family Chair in International Finance at Brandeis University, a Research Fellow of the Centre for Economic Policy Research (CEPR), and a Research Associate at the NBER. He was previously Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements, and Director of Research at the Federal Reserve Bank of New York. His research spanning monetary policy, financial stability, and banking regulation has shaped both academic and policy debate over three decades. He blogs at moneyandbanking.com.Research cited in this episodeWalter Bagehot's lender of last resort doctrine. In Lombard Street: A Description of the Money Market (1873), Bagehot argued that a central bank under stress should lend freely against good collateral at a penalty rate. The prescription remains the intellectual foundation for how central banks manage runs and systemic crises. Cecchetti invokes it to make the point that no private substitute for a central bank backstop has ever proved durable, and that the doctrine is now, one hundred and fifty years on, being tested by instruments its author could not have imagined.Monetary uniformity, mobility, and elasticity. The three institutional conditions underpinning general acceptance of money, developed in analysis by the Bank for International Settlements and discussed extensively in the report. Uniformity means a pound is a pound regardless of which bank holds it. Mobility means claims move between users and institutions at low cost and settle with finality. Elasticity means the supply of money can expand when it is under stress. Together they explain why we accept a deposit at face value without doing any analysis of the bank that issued it; and together they identify exactly where new forms of digital money create institutional gaps.Silicon Valley Bank failure, March 2023. SVB's collapse illustrates both the lender of last resort functioning and the limits of no-bailout commitments. Cecchetti notes that SVB's liabilities were still trading at par on the Thursday before its Friday failure because the Federal Reserve stood behind them. He also notes that Circle, the issuer of USDC, held $3.3 billion of its reserves at SVB and was effectively bailed out in the resolution. The episode is one of two occasions in the past twenty years where money market fund-like instruments have been backstopped by the Federal Reserve under stress.Genius Act (United States). Principle-based stablecoin regulation expected to come into effect in the US around 2027. Under its provisions, only stablecoins issued by bank-affiliated issuers will have access to the Federal Reserve; only those will therefore have the institutional backing needed to function as money. Stablecoins issued by non-bank entities will not.Markets in Crypto Assets Regulation (MiCA), European Union. The EU framework for crypto assets, which entered into force in 2024. For stablecoins, MiCA requires issuers to hold 30 to 60% of their reserves in bank deposits, with no provision for central bank backing. The stated rationale is to keep deposits within the banking system; Cecchetti notes this creates a different category of vulnerability and leaves the question of what happens under stress unresolved.Bank of England stablecoin proposal (United Kingdom). The Bank of England's approach differs from both US and EU frameworks by explicitly requiring large stablecoin issuers to hold significant reserve deposits at the Bank of England, making them in effect narrow banks with a direct central bank backstop. Cecchetti regards this as the most coherent of the three approaches in terms of institutional logic, though the same fundamental question applies: whether holding to that design under stress would be politically sustainable.Tether and the jurisdictional challenge. Tether, the largest stablecoin issuer, is registered in El Salvador having previously operated out of the British Virgin Islands. Its tokens are held by users in multiple countries, traded on exchanges in multiple jurisdictions, and backed by US Treasury securities. Cecchetti uses this to illustrate why local regulation, however well-designed, is necessary but not sufficient; effective oversight of instruments that are genuinely global requires international standards and coordination.Fractional reserve banking and the goldsmith model. The institutional structure described in the episode has roots in mid-seventeenth century England, when goldsmiths began issuing more paper receipts than they had gold in their vaults. The goldsmiths became bankers; the paper became money; the vulnerability to runs became a structural feature of private money creation that persists today. Cecchetti uses the history to make the point that while technology changes how we store and transmit information, the underlying architecture of trust in private money is as old as Newtonian physics.More VoxTalks Economics episodesMaking banking safe, Stephen Cecchetti and Kermit Schoenholtz. Our financial system is supposed to be more resilient than before the global financial crisis, but that didn't save Silicon Valley Bank, Signature Bank or First Republic. So what went wrong?Related reading on VoxEUNew coins on the block: Digital currencies and the financial system. The authors of the Barcelona Report warn that “Digital money will be reliable only where sound institutions and robust technology come together.”
Michael Howell, CEO of CrossBorder Capital, an investment advisory firm, and author of Capital Wars, returns to The Julia La Roche Show for an in-studio episode. In this episode, Howell reveals money is flowing out of financial markets into the real economy, marking the end of Wall Street's era and the beginning of Main Street's turn. He warns the market is in a "speculation phase" with low quality returns built on narrow foundations—only AI and semiconductors are racing while most securities stagnate—and the next phase will be "turbulence" as liquidity slows and the bearish flattening yield curve continues. Howell details how the system has monetized with the Treasury refinancing $600 billion per week in short-term bills, notes there is "unquestionably way too much debt," and makes the contrarian call that the Fed will raise rates in the next 12 months because the economy is too strong at 7-8% nominal GDP growth. He positions commodities and energy as the place to be, argues gold is a hedge against monetary inflation (not CPI), and suggests the gold-oil ratio could imply oil prices of $200 per barrel.Thank you to our sponsor Monetary Metals. https://monetary-metals.com/julia Links: Website: http://www.crossbordercapital.com/ Twitter/X https://x.com/crossbordercapSubstack: https://capitalwars.substack.com/ Book: https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/30303929020:00 Opening - Money leaving financial markets for real economy1:29 Speculation phase - Low quality returns on narrow foundations6:49 Liquidity rolling over - Rate of change critical7:38 Money flowing from financial sector to real economy13:23 Debt refinancing phenomenon - 4 out of 5 transactions15:25 Way too much debt, only monetization is the way out16:40 China monetizing like Japan did with Abenomics19:32 US monetization already happening - $600B weekly debt refinancing24:28 MOVE index suppressed through treasury buybacks30:12 Kevin Warsh expectations for new Fed chair32:01 Inflation no longer transitory - Now illusionary35:48 Monetary inflation hurdle 7-8% per year37:26 What to own - Diversified into commodities, energy, gold40:10 Gold-oil ratio could mean oil $200 per barrel40:50 Contrarian call - Fed must raise rates in 12 months43:15 Find him at Capital Wars Substack
Ronnie Stoeferle, partner at Incrementum AG and co-author of the In Gold We Trust report, joins Wealthion's Trey Reik to explain why gold's rally may be about much more than a normal bull market.Stoeferle argues that gold is signaling a deeper loss of trust in the dollar-based monetary system, as de-dollarization, inflation volatility, central bank buying, and rising geopolitical risk reshape the global financial order. He also explains why gold may be entering the public participation phase of its bull market — with institutional investors only beginning to wake up to the role gold can play in portfolios.In this conversation, Ronnie and Trey discuss whether the Pax Americana is coming to a close, why fiat currencies look different when measured in gold, whether this is a monetary revaluation rather than a normal gold cycle, and what the In Gold We Trust report reveals about the future of money.
Monetary historian Brendan Greeley explains why the dollar's power has nothing to do with the Fed, why crypto is just a bank in disguise, and why politicising the dollar might be the fastest way to end its reign as the world's reserve currency. Hosted on Acast. See acast.com/privacy for more information.
At the beginning of this year Bulgaria, considered as one of the poorest countries in the European Union, became the latest to officially join the eurozone. Bulgaria's legal tender since 1881 had been the lev, but since the mid-1990s it had been pegged to other European currencies, first to the German deutschmark and now to the euro. But it remains to be seen if the country's economic policy can take advantage of the opportunities that joining the single currency can afford, in terms of trade and economic development. Monetary unions are not a new concept, some like the Scandinavian monetary union date back to the 19th Century, involving Denmark, Sweden and Norway. It established a fixed exchange rate system based on the gold standard, whilst member countries still had their own currencies before it was gradually dissolved from the outbreak of World War One onwards. Today, the biggest monetary union is the eurozone, used by around 358 million people across 21 European Union countries. It has one monetary authority for all the members and a standardised currency and coinage. And now the Economic Community of West African States, known as ECOWAS is actively planning a monetary union with a common currency called the eco and pegged to the euro. The ambition is for greater economic sovereignty and regional economic integration. But with the US dollar as the world's dominant global reserve currency, even though it's not part of a global monetary union, is there an argument for one currency across all borders and if so, what should it be? So, on The Inquiry this week we're asking, ‘What's the future for monetary unions?'Contributors: Assoc Prof Ralitsa Simeonova-Ganeva, Sofia University St Kliment Ohridski, Bulgaria Prof Barry Eichengreen, University of California, Berkeley, USA Prof Mohamed Ben Omar Ndiaye, Cheikh Anta Diop University, Senegal Dr Judy Shelton, Senior Fellow, The Independent Institute, California, USAPresenter: Charmaine Cozier Producers: Daniel Rosney and Jill Collins Researcher: Evie Yabsley Editor: Tom Bigwood Technical producer: Toby James Production management: Phoebe Lomas and Liam Morrey(Photo: Euro and US dollar banknotes. Credit: BBC/Corbis Royalty Free)
15th lecture of Principles of Economics explores monetary expansion as the issuance of credit unbacked by savings, how it distorts interest rates and misallocates capital, why this generates the business cycle, Mises' money typology & how central banks are central planners of capital markets.Get all course notes and slides on https://saifedean.com/poecourse
Cyber and Operational Risk in the Quantum Era: Financial Stability amid Escalating Geopolitical ConflictThis panel took place at the 2026 International Monetary Fund and World Bank Group Spring Meetings.Financial stability is under fire as geopolitics and cyber risk collide. As global tensions intensify and technological capabilities accelerate, financial institutions face a rapidly evolving threat landscape where cyber operations, financial crime, and state-sponsored actors are increasingly intertwined. From ransomware campaigns and sanctions evasion to sophisticated cyber intrusions targeting critical infrastructure, adversaries are exploiting digital systems and global financial networks in new and complex ways.As these threats continue to evolve, the quantum horizon introduces an additional layer of strategic risk. This executive panel will examine how advances in quantum computing could reshape cyber and operational risk across the financial sector, while also considering the growing convergence between cyber-enabled crime, ransomware payments, sanctions evasion, and global illicit finance networks. Leaders from policy, finance, and technology will explore the implications of quantum-enabled decryption, the expanding links between cyber threats and illicit finance, and the operational vulnerabilities that could undermine confidence in critical financial infrastructure.The discussion focused on how institutions and regulators can strengthen resilience, enhance cross-border coordination, and prepare for a future in which emerging technologies, cyber conflict, ransomware, and financial crime increasingly intersect. The panel explored what these developments mean for international efforts to combat cyber-enabled financial crime and how global standards bodies, national authorities, and financial institutions can strengthen cooperation to protect the integrity and resilience of the international financial system.Opening Remarks:Cindy Termorshuizen, Deputy Minister of International Development, Government of CanadaPanelists:Giles Thomson, Director, Economic Crime and Sanctions, His Majesty's Treasury; Incoming President, FATFStefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges RiksbankMichele Mosca, Professor, Institute for Quantum Computing, University of WaterlooModerator:Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto CentreWatch the executive panel session here.Read the transcript here. Read their biographies here.
Stijn Schmitz welcomes back Simon Hunt to the show. Simon is a consultant on the global economy, China, and the copper industry. The discussion opens with the ongoing disruption in the Strait of Hormuz and its profound implications for global energy supplies. Hunt explains that Saudi Arabia is attempting to broker a new regional architecture involving China, Russia, Pakistan, and Turkey, partly in response to Iran's demonstrated military capabilities. He assesses only a fifty percent chance of success, warning that even if a ceasefire is reached, reopening the strait to normal traffic could take months, and oil stockpiles in Asia, Europe, and America may be exhausted by mid-July. This supply crunch, he argues, makes a global recession nearly certain by year-end, deepening significantly in the following year. The conversation shifts to China's strategic positioning. Hunt notes that China anticipated American geopolitical moves and has diversified its energy sources through pipelines from Russia and Kazakhstan, alongside massive domestic coal and renewable capacity. This allows China to withstand the Hormuz closure indefinitely, unlike Western nations. The discussion then turns to the evolving global monetary order, where Hunt describes a BRICS-led effort to create a multipolar system anchored in physical gold. He details China's construction of Shanghai Gold Exchange vaults in Saudi Arabia and Hong Kong, enabling trade settlement in non-G7 currencies convertible to gold. While he sees gold prices reaching double-digit thousands in five years, he cautions that America is unlikely to revalue its gold reserves and warns of potential government confiscation during crises. On commodities, Hunt challenges the prevailing supercycle narrative, calling it premature. He predicts that a deep recession will cause physical demand to collapse, outweighing current supply constraints. He specifically highlights copper, noting that NVIDIA's shift to photonics could eliminate copper from data centers by 2028, undermining a key demand thesis. Strategic stockpiling of critical minerals by governments will eventually follow, but processing capacity remains a bottleneck controlled by China. Timestamps: 00:00:00 – Introduction 00:01:00 – Middle East Conflict Origins 00:03:46 – New Gulf Security Architecture 00:06:05 – Oil Supply Disruption Impacts 00:08:06 – Straits of Hormuz Reopening 00:08:37 – China Trump Trade Dynamics 00:12:25 – Oil Prices Futures Disparity 00:14:14 – Fertilizer and Food Crisis 00:16:10 – BRICS Monetary System Shift 00:22:51 – Bond Yields and Instability 00:25:02 – Recession Outlook and Assets 00:30:40 – Commodity Supercycle Analysis 00:33:00 – Concluding Thoughts Guest Links: E-Mail: mailto:simon@shss.com Website: https://simon-hunt.com/ Report: https://www.theinstitutionalstrategist.com/products-and-services/frontline-china/ Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia. In 1961, he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organization, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe. He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company’s cost studies and end-use analyses. Simon appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level. He has spent 2-4 months every year in China since 1993, and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. Simon also spends many weeks each year traveling around Asia. The focus of the company’s services is on the global economy, including the changing geopolitical and financial structures, China’s economy and its copper sector, and then the global copper industry as each part is interconnected. Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook. Simon established this company in January 1996.
The fiat money system has survived the Great Inflation, the global financial crisis, and a pandemic. But can it survive digital currencies?Bitcoin and the blockchain solved a genuine problem in computer science: how to stop people spending the same money twice. Forty years of successful inflation control means central bank money is stable; that is the stability in stablecoins, attempting to solve the volatility problem. What's next? What if the unit of account itself were indexed to consumer prices? Digitalisation might finally make that approach viable at scale. Price stability, by design.Will we still need cash? Maybe not now, But if you never use it, it may not be there if the blackout comes.The research behind this episode:Stracca, Livio. 2025. Redefining the Monetary Standard in the Digital Age: Digital Innovations and the Future of Monetary Policy. Springer Nature.To cite this episode:Phillips, Tim, and Livio Stracca. 2026. "Redefining the monetary standard." VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestLivio Stracca is Deputy Director General for International and European Relations at the European Central Bank, where he has worked for more than two decades. His research spans monetary economics, international finance, and the implications of digitalisation for central banking, with extensive work on exchange rates, capital flows, and the architecture of the international monetary system. Research cited in this episodeThe double-spend problem. The fundamental challenge in any decentralised digital payment system: how to prevent a participant from spending the same unit of money twice when there is no trusted central authority to verify transactions. Bitcoin's 2008 white paper offered an innovative solution by making the transaction ledger public, cumulative, and computationally expensive to rewrite. The trade-off is that transparency sacrifices privacy; every transaction is visible to all participants in the network.The blockchain. A distributed ledger in which transactions are grouped into sequential blocks, each cryptographically linked to the one before. Reversing any transaction requires rewriting every subsequent block, which demands enormous computational effort. This design solves the double-spend problem in a decentralised network but makes the system slow and costly to operate at scale.The payment trilemma. A framework discussed in the episode and in Stracca's book: any digital payment system can optimise for at most two of three properties simultaneously (universal access, security against fraudulent transactions, and privacy). Cash is the only instrument that escapes the trilemma; digital systems must accept a trade-off among the three, and the choice is often made implicitly by the designer of the system rather than through democratic deliberation.Hayek, Friedrich A. 1976. Denationalisation of Money. London: Institute of Economic Affairs. The classic argument for currency competition: let currencies compete freely and the one providing the most stable prices will win. Economists, including Milton Friedman, largely rejected the proposal on the grounds that money exhibits strong network externalities; the more people use a currency, the more attractive it becomes to the next user, producing a natural tendency towards monopoly. A formal modern revisitation, finding similar conclusions, is Fernández-Villaverde, Jesús, and Daniel Sanches. 2019. "Can Currency Competition Work?" Journal of Political Economy 127 (3): 1017 to 1058.Irving Fisher's compensated dollar. A proposal published in Fisher, Irving. 1913. "A Compensated Dollar." Quarterly Journal of Economics 27 (2): 213–235 (the same year the Federal Reserve was created). Fisher argued for a dollar whose purchasing power was held constant by adjusting its gold content in line with prices. The mechanical details of his proposal are no longer relevant, but its animating idea (indexing the unit of account to a price level) has gained new plausibility in a digital context.The Unidad de Fomento. Chile's inflation-indexed unit of account, in operation since 1967 and updated daily against the consumer price index. It is used widely in long-term contracts, including mortgages, and functions as a security that can be traded. Stracca cites it as evidence that an indexed monetary standard is operationally feasible, and as a prototype for what a digital equivalent might look like at larger scale.The Great Moderation. The period of low and stable inflation in advanced economies running roughly from the mid-1980s until the inflation episode of 2021 to 2023. Economists attribute it to improved monetary policy frameworks, particularly central bank independence, inflation targeting, and (crucially, in Stracca's account) the introduction of interest on reserves, which gave central banks precise control over the short-term interest rate without draining liquidity. Stracca treats the Great Moderation as the benchmark against which any proposed reform of the monetary standard must be judged.Programmable money. A form of digital money in which payment is conditional on an independently verifiable event, potentially confirmed by a machine rather than a human intermediary. Example: a payment that executes automatically when a delivery is confirmed by a sensor. Decentralised ledgers make such conditional payments technically straightforward; traditional banking systems can approximate them but with far greater friction. Stracca notes significant enthusiasm for programmable money but also real scepticism about whether the benefits outweigh the complexity in practice.More VoxTalks Economics episodesStablecoins and Global Imbalances, Gilles Moëc explains why we can think of stablecoins as a radical macroeconomic experiment that has arrived at exactly the moment the US external position is showing signs of stress.Can blockchain decentralise money, contracts, and finance? Bruno Biais on blockchain's potential, its flaws, and its future.Do stablecoins threaten financial stability? Richard Portes thinks so.
Tony Arterburn of Wise Wolf Gold and David Knight walk through what's coming after the Iran war shockwave — and Arterburn's assessment is that most of the pain hasn't arrived yet. Turkey and India are already feeling it: Turkey selling central bank gold reserves, India trying to discourage citizens from buying gold while silver premiums inside the country have skyrocketed due to import backlogs. With global central banks facing an estimated $50 trillion printing requirement just to cover debt service, and the Fed's new chair brought in specifically to cut rates regardless of inflation, Arterburn argues the monetary system is being deliberately transitioned — not reformed. Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Tony Arterburn of Wise Wolf Gold and David Knight walk through what's coming after the Iran war shockwave — and Arterburn's assessment is that most of the pain hasn't arrived yet. Turkey and India are already feeling it: Turkey selling central bank gold reserves, India trying to discourage citizens from buying gold while silver premiums inside the country have skyrocketed due to import backlogs. With global central banks facing an estimated $50 trillion printing requirement just to cover debt service, and the Fed's new chair brought in specifically to cut rates regardless of inflation, Arterburn argues the monetary system is being deliberately transitioned — not reformed. Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.
From the internal debates revealed in the latest FOMC minutes to massive structural layoffs at tech giants like Meta, the cracks in the global financial architecture are widening. We unpack how tightening Western financial conditions intersect with escalating geopolitical tensions in the Middle East to reshape international trade and corporate resilience. Discover the strategic implications of these overlapping economic shocks and how global leaders are adjusting to a new era of high interest rates and fractured international markets.
Despite recent pressure on stocks, our CIO and Chief U.S. Equity Strategist Mike Wilson argues that earnings and AI's impact remain stronger than many investors appreciate.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing our bullish mid-year outlook and why stocks have been under pressure more recently. It's Tuesday, May 19th at 1:30 pm in New York. So, let's get after it. Every cycle has a moment when investors become so focused on the last risk that they miss the next opportunity. I think we're in one of those moments right now. The first half of this year has had a familiar feel to it. The market weakened under the surface well before the headlines got loud, investors discovered the new risks after prices had already moved, and sentiment got worse just as the forward setup was getting better. In other words, it's déjà vu all over again – but with some important twists. The biggest twist is where we are in the cycle. Last year, we were still coming out of the tail end of a rolling recession. Today, we're in a rolling recovery and that is still underappreciated. This matters, because it changes how we should interpret the correction earlier this year and a powerful rally. In the first quarter, many investors looked at the S&P 500's less-than-10 percent price decline and concluded the market was complacent. I think that really misses the point. Roughly half of the Russell 3000 saw drawdowns of 20 percent or more, and the S&P 500 forward Price Earnings multiple fell by 18 percent from its peak as forward earnings continued to rise. That is not complacency. That is a market doing what it does best – discounting risk before the narrative catches up. And those risks were not small. We had private credit concerns, and a major debate around AI disruption to labor markets as well as a new war that drove oil prices up by 100 percent. In many of the areas most directly exposed to these risks, the market delivered 40 percent-plus corrections. So the provocative question I would ask now is this: what if the biggest risk from here is not being too bullish, but being too cautious after the market has already done the work? We address these questions in our recently published mid-year outlook. Specifically, we raised our 12 month S&P 500 price target to 8,300 based solely on higher earnings forecasts. In fact, we assume some further valuation compression. We raised our S&P 500 EPS by approximately 5 percent as operating leverage from the rolling recovery, AI adoption, fiscal support and a capex cycle that continues to broaden. That earnings point is critical. In prior cycles when oil shocks ended the business cycle, earnings were already decelerating or contracting outright before the shock hit. Today, the opposite is happening. Earnings are accelerating from already strong levels. First-quarter median S&P 500 earnings surprise was 6 percent, the strongest in four years; and earnings revisions breadth has moved back up to 22 percent from just 5 percent at the start of reporting season. That is a very different backdrop than the traditional late-cycle oil shock playbook. AI is another area where I think the consensus has evolved. The labor market disruption narrative has moved faster than the actual implementation. The enterprise application layer is still early, and for now, AI looks more like a margin tailwind than a labor-market wrecking ball. Companies are running leaner, hiring less, and beginning to quantify real benefits rather than simply firing everyone. While true adoption of this technology is likely to be slower than anticipated, the apprehension to over-hire is real and that is driving higher profitability in an indirect way. Monetary policy and liquidity are still the main risks to this bull market rising unimpeded. With the Fed becoming less dovish and liquidity needs rising, interest rates are on the rise and the equity-rate correlation is negative again. The 4.5 percent level on the 10-year Treasury remains important for valuations. We don't need Fed cuts for the equity market to work. History suggests that when earnings growth is strong and the Fed is on hold, returns can still be very solid. The real risk is liquidity – whether the Fed and Treasury underestimates how much capital the private economy now needs to fund investment and recovery.Ultimately, the Fed and Treasury have tools to address these liquidity needs and they have been using them aggressively this year. However, these provisions can ebb and flow and we are currently in a window where it's going to ebb, leaving stocks vulnerable in the short term. If the correction persists, investors should use that as an opportunity to add exposure to the parts of the market that benefit from a rolling recovery, specifically Industrials, Financials, Consumer Discretionary Goods. The breadth of the earnings and capex cycle remains under-appreciated, not to mention the recovery from the rolling recession that ended with Liberation Day a year ago. The bottom line is simple. The correction earlier this year was more significant than most appreciate in terms of valuation and the earnings story is only getting better. The path won't be smooth, so use any corrections to position for the continued broadening in earnings that we believe will continue.Just remember, by the time the evidence feels obvious, the opportunity is usually gone. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out! And I wish my wife a happy birthday.
In this episode of In The Company of Mavericks, we tackle the most requested topic since the podcast launched: the fundamentals of money and investing, and how to introduce these vital concepts to children, grandchildren, and the next generation.Host Jeremy McKeown is joined by Andy Craig, founder of Plain English Finance and author of the bestselling book How to Own the World, alongside Josh Sandford, investment director at Dowgate Wealth, with two decades of experience guiding clients through market cycles.Whether you're a beginner investor, a parent wanting to teach your kids about money, or a seasoned investor revisiting first principles, this conversation delivers actionable insights on building long-term wealth, navigating volatility, and avoiding the most common investing mistakes.Episode Sponsor: Finance TalkingFinance Talking provides specialist financial training around capital markets, business finance, and communications, with virtual, in-person, and low-cost e-learning courses. Their clients include Rio Tinto, HSBC, Unilever, and Shell. Mention Jeremy when you get in touch.Visit Jeremy's Substack: HyperNormalTimes. What You'll Learn in This EpisodeWhy UK financial literacy lags behind international peers, and the £20 trillion opportunity costThe crucial difference between investing and trading (and why conflating them destroys wealth)How compound interest truly works, and why 60% of UK adults don't understand itThe main asset classes every investor should know: cash, bonds, equities, property, commodities, and precious metalsWhy asset allocation matters more than stock pickingThe "100 minus your age" rule (and why it should now be 120 minus your age)How to stay the course during market volatility and drawdownsThe truth about inflation, monetary debasement, and why nominal returns misleadGold, silver, and Bitcoin as inflation hedgesThe rise of passive investing and its structural risks for capital marketsWhether AI infrastructure spending signals a bubble or a cycleHow to think about buying property versus renting and investingWhy time is the young investor's greatest assetKey Takeaways1. Financial literacy is a silver bullet. Understanding how money and investing work dramatically increases your chances of building wealth over a lifetime.2. Investing is not trading. Investing harnesses real economic growth and human progress. Trading is largely a zero-sum game where 78–80% of retail participants lose money.3. Time is your greatest asset. Get rich slowly. £5,000 invested in a Junior ISA at birth, compounded at 10%, becomes £945,000 by retirement.4. Know the asset classes. Cash, bonds, equities, property, commodities, and precious metals each play a different role in a balanced portfolio.5. Asset allocation beats stock picking. Use the "120 minus your age" heuristic to balance defensive and aggressive holdings.6. Risk is not just volatility. The risk of doing nothing — sitting in cash and losing purchasing power to inflation — is often greater.7. Think in real terms, not nominal. Monetary debasement is the real story behind asset price inflation.8. Ignore the noise. The average equity investor underperforms the market by about 700 basis points because they react to news. Main Street is not Wall Street.9. Property: think in decades. Don't fall for FOMO. Compare rental yields, salary multiples, and opportunity costs before buying.10. Stay the course. Pound-cost average, diversify, and let compounding do the heavy lifting.About the GuestsAndy Craig is the founder of Plain English Finance and author of How to Own the World, one of the UK's most popular personal finance books. After a 25-year career in the City, Andy now dedicates his work to improving financial literacy across the UK. Find him at plainenglishfinance.Josh Sandford is investment director at Dowgate Wealth with over 20 years of experience managing discretionary portfolios for high-net-worth individuals and pension funds. Books Mentioned in This EpisodeHow to Own the World — Andy CraigThe Psychology of Money — Morgan HouselRich Dad Poor Dad — Robert KiyosakiThe Ascent of Money — Niall FergusonMoney: A Story of Humanity — David McWilliamsBroken Money — Lyn AldenThe Secret History of Gold — Dominic FrisbySimple but Not Easy — Richard OldfieldKeywords: financial literacy UK, how to start investing, investing for beginners, compound interest, asset allocation, ISA vs pension, passive investing risks, gold as inflation hedge, Bitcoin investing, teaching kids about money, Andy Craig How to Own the World, Plain English Finance, Galgate Wealth, Josh Sandford, Jeremy McEwen, In The Company of Mavericks podcast, UK personal finance, monetary debasement, real returns, S&P 500 ETF, generational wealth, stocks and shares ISA, get rich slowly, investing vs trading
Nicholas Anthony (Research Fellow at the Cato Institute's Center for Monetary and Financial Alternatives) joins Host Ron Steslow to examine how the stablecoin legislation moving through Congress is quietly remaking the financial system and expanding the surveillance state in the process. They dig into the Bank Secrecy Act and the third-party doctrine, the legal architecture that lets the government access Americans' financial records without a warrant. Next, they examine how AI is turning mass financial surveillance from aspiration into operational reality, and how political designations can be weaponized against ordinary Americans through their banks. Then they unpack the contradictions in the Trump administration's posture—anti-CBDC in name, enthusiastically pro-stablecoin in practice—and why programmable private money is functionally a central bank digital currency at arm's length. Finally, they discuss the prosecutions of open-source developers behind privacy tools like Tornado Cash and Samurai Wallet, and what's at stake if the precedent that code is protected speech gets tested in the Supreme Court. In Politicology+, they unpack a 2021 federal mandate that will require every new car sold in America to passively monitor its driver for "impairment" by next year. POLITICOLOGY+ Not yet a Politicology+ member? Don't miss all the extra episodes on the private, ad-free version of this podcast. Upgrade now at politicology.com/plus. CONTRIBUTE TO POLITICOLOGY politicology.com/donate SPONSORS & PROMO CODES https://bit.ly/44uAGZ8 Send your questions and ideas to podcast@politicology.com or leave a voicemail at (703) 239-3068 Follow this week's panel on X (formerly Twitter): https://x.com/RonSteslow https://x.com/EconWithNick Learn more about your ad choices. Visit megaphone.fm/adchoices
bto - beyond the obvious 2.0 - der neue Ökonomie-Podcast von Dr. Daniel Stelter
Die EZB treibt den digitalen Euro mit Hochdruck voran — als strategisches Prestigeprojekt, begründet mit Souveränität, Effizienz und dem Erhalt von Zentralbankgeld im digitalen Zeitalter. Aber was soll dieses Ding eigentlich lösen? Wozu brauchen Bürgerinnen und Bürger einen „digitalen Euro“, wenn sie bereits bargeldlos mit Karte, SEPA Instant oder Wero zahlen können? Dr. Volker Wieland, Professor für Monetäre Ökonomie und Direktor des Institute for Monetary and Financial Stability an der Goethe-Universität Frankfurt, einer der führenden deutschen Geldtheoretiker, bringt es in seiner Bundestags-Stellungnahme auf den Punkt: Das digitale Notenbankgeld sei „eine Lösung auf der Suche nach einem Problem“. Mit ihm diskutiert Daniel Stelter in dieser Episode, was genau geplant ist, wie die EZB es begründet, welche ernstzunehmenden Pro-Argumente es gibt und warum die Risiken für Bargeld, Datenschutz, Bankenstabilität und letztlich die Freiheit der Bürger gewichtiger sind als der mutmaßliche Nutzen.Hinweis – ABSTURZ – So retten wir Deutschland, das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceBeitrag Der digitale Euro – Chancen und Risiken einer digitalen Notenbankwährung von Prof. Dr. Volker Wieland u. a. in Wirtschaftsdienst - Zeitschrift für Wirtschaftspolitik: https://is.gd/uQ0GR5 Schriftliche Stellungnahme von Prof. Dr. Volker Wieland zur öffentlichen Anhörung im Finanzausschuss des DeutschenBundestages zu dem Thema „Digitaler Euro“ am 19. Februar 2025https://is.gd/ZwFYGJ Bericht Preparation phase of a digital euro — Closing report der EZB (29.10.2025): https://is.gd/zsXuFC OECD-Papier Central Bank Digital Currencies (CBDCs) and Democratic Values: https://is.gd/ljFf2w Bericht Central bank digital currencies: financial stability implications der Bank für Internationalen Zahlungsausgleich: https://is.gd/yTpJDtAusführung The role of the digital euro in digital payments and finance von Piero Cipollone, EZB-Direktor: https://is.gd/5ApvGK beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Bis zum 13. Mai 2026: Unabhängiger Journalismus und Meinungsfreiheit sind keine Selbstverständlichkeiten. Zum Tag der Pressefreiheit gibt es deshalb beim Handelsblatt ein besonderes Angebot: 12 Monate Zugang mit 50 % Rabatt. Alle Infos unter handelsblatt.com/pressefreiheitWerbepartner – Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.
Preview for Later: HEADLINE: Kevin Warsh's Vision for a Narrower Federal Reserve GUEST: Liz PeekSUMMARY: Peek discusses nominee Kevin Warsh's plan to return the Fed to a narrow mandate focused on monetary stability. Warsh aims to reduce social policy involvement and decrease the Fed's day-to-day market influence.1914 FEDERAL RESERVE BOARD
Marty sits down with Matthew Mežinskis to discuss Bitcoin's power law price dynamics, the accelerating "treadmill" of traditional markets, escalating geopolitical chaos including Russia's digital authoritarianism and America's shifting foreign policy, and the mathematical tension between Bitcoin's decelerating growth and Wall Street's attempt to subsume it into exponential fiat systems. Matthew on Twitter: https://x.com/1basemoney Porkopolis Economics: https://www.porkopolis.io/topmoney/ STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/yHGkvYxdqT Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Bitkey https://bitkey.world/ Bitcoin 2026 - Las Vegas http://bit.ly/3NA9xQh CrowdHealth https://www.joincrowdhealth.com/tftc Unchained https://unchained.com/tftc/ Salt of the Earth: https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/
IMF Director of Monetary & Capital Markets, Tobias Adrian, joins "Bloomberg Surveillance TV" to talk about the impact of the conflict in the Middle East on international markets, as well as the threat of private credit.See omnystudio.com/listener for privacy information.
Is Bitcoin's financial singularity already unfolding? In this episode of Truth Block, Hurley breaks down why inflation, sovereign stress, banking adoption, capital flight, and collapsing trust in legacy systems may all be converging into Bitcoin's biggest structural moment yet. From Iran and Michael Saylor to big banks, real estate, and monetary debasement, this is a macro Bitcoin thesis about where capital goes when the old system stops making sense.SPONSORS✅ Lednhttps://www.nmj1gs2i.com/9W598/9B9DM/?source_id=podcastSimply Bitcoin clients get 0.25% off their first loanNeed liquidity without selling your Bitcoin? Ledn has been the trusted Bitcoin-backed lending platform for 6+ years. Access your BTC's value while HODLing.
Monday April 13, 2026 The Role of Civil Monetary Penalties in the Reguilation of Nursing Homes
Increasing business profitability involves more than simply reducing expenses. A guest from Solventum joins this episode to discuss "monetary mechanics," a method that gets to the core of practice profitability. Whether your practice is experiencing setbacks in case starts, staffing or technology, monetary mechanics can help you identify and address the key drivers of profitability. LINKS Solventum Podcast Video cainwatters.com Submit a Question Facebook | YouTube | Instagram
Valuarchy is the novel system which solves the centuries long problems inherent with democracy. In this episode of the Once Bitten podcast, Daniel Prince interviews Brendan Guest, a Canadian Bitcoiner and author of "ValueArchy," about his journey into Bitcoin, his move back to his wife's family farm, homeschooling, and his alternative political system called ValueArchy. Key Topics: Bitcoin meetups and community building Self-custody of Bitcoin Distrust in institutions Home birth and homeschooling Homesteading and food sovereignty Critique of democracy and taxation ValueArchy: A proposed alternative political system Property rights and the role of government Connect with Brendan: X - @TipToeBTC NOSTR - npub14erlvhtvp444cknx4k79jyr0hn0npyvuzu9vpm589u84tsws8eqsq2msm2 https://valuarchy.com/ Check out my book ‘Choose Life' - https://bitcoinbook.shop/search?q=prince Pleb Service Announcements: Join 20 thousand Bitcoiners on @cluborange https://signup.cluborange.org/co/princey CONFERENCES: BITCOIN IRELAND - 22ND -25TH MAY 2026 - DUBLIN https://bitcoinireland.eu/ Use code BITTEN for - 10% BTC PRAGUE - 11th - 13th June 2026 http://btcprg.me/BITTEN - Use code BITTEN for - 10% BTC HEL - 25th - 26th September 2026. - Helsinki https://btchel.com/ Use code BITTEN for - 10% Shills and Mench's: BITBOX - SELF CUSTODY YOUR BITCOIN - www.bitbox.swiss/bitten Use Code BITTEN THE MEETUP BREAKDWON - BITCOIN EVENTS UK - https://www.themeetupbreakdown.com/ SWAN BITCOIN - www.swan.com/bitten PLEBEIAN MARKET - BUY AND SELL STUFF FOR SATS; https://plebeian.market/ @PlebeianMarket ZAPRITE - https://zaprite.com/bitten - Invoicing and accounting for Bitcoiners - Save $40 SATSBACK - Shop online and earn back sats! https://satsback.com/register/5AxjyPRZV8PNJGlM ALL FURTHER LINKS HERE - FOR DISCOUNTS AND OFFERS - https://vida.page/princey - https://linktr.ee/princey21m
Marc Sumerlin, Managing Partner at Evenflow Macro and former Deputy Director of the White House National Economic Council under President George W. Bush, joins Daleep Singh for a conversation about economic transformation on this episode of PGIM's The Outthinking Investor. Daleep and Marc talk about macro shocks stemming from the Iran war, how U.S. budget deficits will influence policy rates and the economy, and the relationship between monetary and fiscal authorities in a new age of economic competition. The discussion also covers: The impact of tariffs and AI on the labor market Monetary policy challenges when navigating an energy shock The future of the U.S.-China trade relationship
Five years after the Supreme Court's AMG Capital Management decision limited the FTC's ability to seek monetary remedies under Section 13(b) of the Federal Trade Commission Act, the agency continues to look for ways to obtain money in consumer protection and privacy cases through other authorities and theories. At the same time, it is grappling with how to define and measure consumer injuries and benefits in an increasingly data driven economy, including through its February 26 workshop on "Consumer Injuries and Benefits in the Data Driven Economy." Hosts Lexi Michaud and Anora Wang talk with Laura Riposo VanDruff from Kelley Drye and Warren LLP and Mike LeGower from NERA about how the FTC is pursuing monetary relief after AMG, whether and how it might articulate clearer guidance for quantifying harm, and what companies should expect when facing privacy and data investigations by the FTC. With special guest: Laura Riposo VanDruff, Partner, Kelley Drye and Warren LLP and Mike LeGower, Director, Nera Economic Consulting Related Links: FTC's "Measuring Consumer Injuries and Benefits" Workshop: Key Takeaways by Kelley Drye and Warren LLP Hosted by: Lexi Michaud, Fried Frank and Anora Wang, Arnold & Porter
Despite a significant selloff following the outbreak of conflict in the Middle East, global emerging market equities have demonstrated a surprising degree of resilience. What explains this contained drawdown, and how should investors differentiate across regions even as volatility persists?(00:00) - Introduction (01:11) - Current resilience of emerging markets (01:59) - Earnings revisions and relative performance (03:18) - Market sensitivity and the nature of the drawdown (04:23) - Energy costs and financial conditions (06:16) - Monetary policy impact and US dollar outlook (07:00) - AI as a growth driver in emerging markets (07:30) - Outlook for EM equities (09:14) - Closing remarks and legal information In this episode of Julius Baer's Moving Markets: The View Beyond, Ayako Lehmann is joined by Nenad Dinic, Emerging Market Strategist at Julius Baer, to examine the recent performance of emerging market equities in the wake of geopolitical shocks. They discuss why the fundamental story for the asset class remains robust, the importance of distinguishing between net energy importers and exporters, and how factors such as a weakening US dollar and the AI-driven CapEx cycle are shaping the outlook. The conversation also addresses the implications of regional dispersion, the role of earnings revisions, and why patient investors may find compelling opportunities amid ongoing uncertainty.
In this anniversary edition of the Money Makers Investment Trusts Podcast which has now been running for six years, Jonathan Davis, editor of the Investment Trusts Handbook (winner of the AIC Best Broadcast Journalist Award 2024 and 2025) is joined first by Jasmine Yeo, manager of the Ruffer Investment Company (RICA), and then by Charlie Morris, founder of Bytetree Research. These discussions were recorded on Thu 02 Apr 2026. Jonathan is now writing market and other comments on Substack (jdinvestor.substack.com), and for those of you who follow Money Makers on social media, two new channels are now available - TikTok (@moneymakers_its) and Bluesky (@money-makers.co). Do give us a follow! Section Timestamps: 0:00:37 - Introduction 0:01:22 - This week's guests 0:02:08 - Performance of the markets 0:02:47 - Jasmine Yeo 0:03:12 - Summing up the last year 0:06:40 - The shape of the portfolio 0:11:42 - Higher inflation 0:13:43 - The allocation to bonds 0:18:38 - Monetary policy uncertainty 0:20:39 - Weighting towards UK equities 0:23:39 - Japan 0:25:34 - China 0:27:22 - The position on AI 0:30:04 - Buybacks 0:31:22 - Managing the trust 0:34:49 - Bitcoin and gold 0:39:12 - Reflecting on the first quarter this year 0:41:10 - A short break 0:41:55 - Charlie Morris 0:44:41 - Gold 0:47:08 - The relationship between oil and gold 0:48:51 - The role of commodities from here 0:50:42 - Changes to portfolios 0:53:30 - Investment trusts and the discounts 0:55:58 - No second guesses 1:00:55 - Close If you enjoy the weekly podcast, why not also try the Money Makers Circle? This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, links to third party research, market/portfolio reviews and regular comments from the editor. A subscription costs £12 a month or £120 for one year. This week, as well as the usual features, the Circle features a profile of Patria Private Equity (PPET). Future profiles include J.P.Morgan Claverhouse (JCH) and Cordiant Digital Infrastructure (CORD). Our new expanded weekly subscriber email includes a comprehensive summary of all the latest news plus the week's biggest share price, NAV and discount movements. Subscribe and you will never miss any important developments from the sector. For more information please visit https://money-makers.co/circle. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free for the foreseeable future. We are very grateful for your continued support and the enthusiastic response to our nearly 330 podcasts since we launched in 2020. You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin - www.bgprofessional.co.uk
Bob uses clips from his ZeroHedge debate with Randall Wray, as well as a moment from a forthcoming Human Action podcast, to provide deeper analysis than he had time to cover in the moments.Mentioned in the Episode and Other Links of Interest:The ZeroHedge debate between Murphy and Randall Wray.Bob's (quick) critique of the sectoral balance argument.Bob's Human Action episode on Cantillon effects.Help support the Bob Murphy Show.
The Federal Reserve, established in 1913, has evolved far beyond its original mandate, becoming one of the most debated institutions in the United States. Some critics blame it for economic instability and want it abolished, while some supporters advocate expanding its powers. Over time, the Fed has taken on more responsibilities like achieving specific macroeconomic goals, providing fiscal support to the federal government, and regulating thousands of banks and other financial institutions. This expansion has led to greater government involvement in individuals' economic lives. As the Federal Reserve is on the cusp of a new leadership regime, the opportunity for reform is greater than ever. Cato Institute scholars Jai Kedia, Research Fellow, and Norbert Michel, Vice President and Director of the Center for Monetary and Financial Alternatives, were joined for a timely conversation on their Reforming the Fed series. The discussion was moderated by Eleanor Mueller, Economy Policy Reporter at Semafor, and explored proposals to reshape the Federal Reserve, the challenges facing U.S. monetary policy, and what meaningful reform could look like in practice. Hosted on Acast. See acast.com/privacy for more information.
In a Copenhagen podcast, Michael interviews Gregers Knudsen, co-founder of Monotree, about creating a platform that unifies frontline communication, onboarding/learning, checklists, and events on top of workforce management systems to replace fragmented tools like Facebook, WhatsApp, and overpowered enterprise software.Gregers traces his path from hospitality into tech (via Planday), where he saw multi-site operators struggling with too many disconnected systems, unused spend, and GDPR risks.He and two senior tech partners began building Monetary in 2018, launched in 2019 with a 1,500-employee customer, stayed self-funded for control, long-term product quality, and customer service, and have grown to nearly 300 customers and about 85,000 users across 18 countries, with UK as a key growth market.They discuss engagement drivers, manager enablement, using video content, culture as an amplifier, and cautious, practical AI use focused on removing boring work rather than automating human relationships.Connect with Gregers:https://www.linkedin.com/in/gregers-knudsen-9a0a23148/https://monotree.com/A big thank you to our episode sponsor Monotree.They help hospitality operators strengthen operations and scale company culture by creating a "Branded Front Door" for your workforce.Head to their website to sign up.Connect with the podcastJoin the Hospitality Mavericks newsletterTune in via your favourite podcast platform - here More episodes for you to check out here This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy
Most people think the financial system is about markets. But according to today's guest, there's a much bigger game happening behind the scenes. In this episode of Investing Uncensored, Andre Stewart sits down with David Morgan, one of the world's most respected precious metals analysts and publisher of The Morgan Report, to unpack how global monetary policy, debt, and centralized financial power shape the future of wealth.With over 40 years of experience studying monetary systems, David explains why the biggest risks to wealth today may not be market volatility—but the structure of the financial system itself. From CBDCs to precious metals to economic control, this conversation explores the hidden mechanics of money most people never see. If you want to understand the real forces driving markets and freedom, this episode reveals the game behind the game.In this episode:• Why freedom is often the first casualty of a manipulated monetary system• The truth about CBDCs and digital financial control• What elites fear about independent money systems• Why the “Great Reset” may already be happening• How economic narratives are shaped and controlled• What investors should know before the next financial shockDavid Morgan is the author of The Silver Manifesto, publisher of The Morgan Report, and creator of the upcoming documentary Silver Sunrise, which explores how centralized monetary systems impact personal liberty.
"The overall arcing is the government policies are a precursor to change." Frank Holmes breaks down his bold $7,000 gold forecast using a strategic price matrix.
This episode continues the podcast webinar originally hosted inside Amy Sylvis' investor club. In Part 2, Amy speaks with macroeconomic strategist Bruce Fraser of Elkhorn Capital Partners about interest rates, inflation, and the possibility of a future monetary reset. They also discuss how these macroeconomic forces influence investment strategy, including why Bruce focuses on workforce housing and how population trends and affordability shape real estate markets.This episode is Part 2 of the webinar series, so be sure to listen to Part 1 for the full macroeconomicWatch/Listen to Part 1:Youtube: https://www.youtube.com/watch?v=gmKzKx9qCPI&t=13sSpotify:https://open.spotify.com/episode/2Vf4x1WTH9mcsLA6Fwxf4q?si=6mVBzPnuRt-oGM0TlWezOQApple: https://podcasts.apple.com/us/podcast/volatility-insurance-how-to-shield-your-wealth-from/id1730874629?i=1000754460566Connect with Bruce Fraserhttps://www.linkedin.com/in/bruce-fraser-304120/https://elkhornpartners.com/Connect with Amy Sylvis:https://www.linkedin.com/in/amysylvis/Contact Us:https://www.sylviscapital.comhttps://www.sylviscapital.com/webinarinfo@sylviscapital.com00:00 Part Two Setup02:24 Will Warsh Save Us?04:09 Rates Debt and Fed Reset08:47 Position Accordingly 15:47 Where to Invest and Why18:57 Inflation Hedge Done Right19:50 Webinar Invitation Break20:49 Incentives Over Cost Cutting29:48 Wrap Up And Resources31:04 Monetary Reset Reading
In this episode of The Bruce Collins Show, Bruce sits down with financial author and analyst John Rubino to examine a question that is quietly moving from the fringe into mainstream economic discussion: Is the collapse of the U.S. financial system inevitable? Rubino, known for his work on debt cycles, monetary policy, and systemic risk, breaks down the structural pressures building inside the American economy—from exploding national debt to fragile banking systems and the long-term consequences of decades of money creation.The conversation explores whether the current economic model can continue indefinitely, or if the United States is approaching a turning point similar to past historical monetary resets.Topics Covered• The unsustainable growth of U.S. national debt and deficit spending• How central bank policies have reshaped the global financial system• Why interest rates and inflation are becoming increasingly difficult to control• The fragility of modern banking and the risk of cascading failures• Historical examples of monetary systems that eventually collapsed• The potential role of gold, hard assets, and alternative financial systems• How geopolitical shifts could accelerate economic instability• What a “reset” of the financial system might look likeRubino also discusses the psychological and political barriers that prevent meaningful reform before a crisis occurs, and why many analysts believe the current trajectory could eventually force dramatic economic restructuring.About John RubinoJohn Rubino is a financial writer, analyst, and the author of several books on debt, monetary policy, and economic cycles. His work has focused on the risks created by excessive leverage and the long-term consequences of central bank intervention in global markets.About The Bruce Collins ShowThe Bruce Collins Show features in-depth conversations with researchers, economists, historians, and investigators exploring the forces shaping our world—from economics and geopolitics to history and emerging technologies.Watch / ListenWatch the full episode to hear the complete discussion and judge for yourself whether the economic pressures facing the United States point toward reform… or something much larger.
REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE 'LAST CHANCE TO SAVE' DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceHistory repeats. And we've seen time and time again over the ages how monetary systems collapse.Monetary analyst John Rubino thinks we're now entering the "death spiral" phase of the world's major fiat currencies, due to immense amount of debt obligations nations are now burdened with.What come next?Watch this video to find out.#money #fiatmoney #currencycollapse _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.
What happens when the global financial system begins to strain under the weight of debt, inflation, and geopolitical shifts?In this special episode of the Secrets to Abundant Living Podcast, Amy Sylvis shares a powerful investor-club webinar with macroeconomic strategist Bruce Fraser of Elkhorn Capital Partners. In Part 1 of this two-part series, Bruce breaks down the macroeconomic forces shaping 2026, including rising national debt, central bank behavior, and the long-term implications for inflation and monetary policy.Amy and Bruce also explore how global policy decisions, gold reserves, and shifting financial dynamics may impact investors and the future of wealth preservation. If you want to better understand the economic forces influencing real estate and investing today, this conversation provides an essential foundation. Tune in next week for Part 2 as the discussion continues.Connect with Bruce Fraserhttps://www.linkedin.com/in/bruce-fraser-304120/https://elkhornpartners.com/Connect with Amy Sylvis:https://www.linkedin.com/in/amysylvis/Contact Us:https://www.sylviscapital.comhttps://www.sylviscapital.com/webinarinfo@sylviscapital.com00:00 Intro03:56 Why Macro Matters06:51 Debt Spiral Explained08:10 Sanctions Shift Reserves11:18 QE and Money Printing11:59 Midroll Training Invite12:58 Debt Ceiling Reality19:52 Monetary Reset Talk21:40 Gold Revaluation Idea23:29 Interest and Refinancing Wall25:50 Part One Wrap Up
Today Jason welcomes Lyn Alden. Lyn provides tens of thousands of investors per month with research, information, and tools to help them build wealth and reach financial freedom. Some of her content is aimed at new investors, while the most of her topical articles are aimed at more experienced investors. Her research services cater to institutional investors and sophisticated retail investors. Visit LynAlden.com to view some of her core articles, in various sections: Building Wealth (Beginner) Investing Basics (Beginner) Investing Strategy (Intermediate) Global Macro Topics (Experienced) Key Takeaways: 0:56 Welcome Lyn Alden 1:44 A shift towards structural inflation 4:41 Charts: A Century of US Debt as a % of GDP and A Century of US Monetary and Fiscal Policy 9:00 War spending or real spending building the country and people 11:58 Investing during the covid era 14:24 Actions steps for investors to thrive in this environment 19:12 The issue with buy backs 21:29 Money safety in the banks and creating entities for asset protection 24:55 The linear and cyclical housing markets 25:49 Chart: Number of mortgages by interest rate 27:55 A soft economy and sensitive sectors like tech 29:05 Overfunded companies and the burden of reality and the classic bad investment cycle 32:15 Shadow inflation, undercharging and the realignment of the markets 35:53 Prepare for another round of inflation Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Join our FREE MASTERCLASS every second Wednesday of the month. JasonHartman.com/Wednesday
Any donation is greatly appreciated! 47e6GvjL4in5Zy5vVHMb9PQtGXQAcFvWSCQn2fuwDYZoZRk3oFjefr51WBNDGG9EjF1YDavg7pwGDFSAVWC5K42CBcLLv5U OR DONATE HERE: https://www.monerotalk.live/donate TODAY'S SHOW: In this episode of Monero Talk, host Douglas Tuman interviews Ray Youssef, who recounts his dramatic arrest at a crypto conference and discusses the U.S. government's case against him following his work building the peer-to-peer Bitcoin marketplace Paxful. Youssef argues that regulators targeted him for helping grow the global P2P crypto economy, describing secret indictments, compliance struggles, and what he views as an effort to criminalize decentralized financial tools. The conversation explores the broader implications for cryptocurrency innovation, financial freedom, and privacy—especially within the Monero community—while also veering into Youssef's personal philosophy, faith, and his belief that building alternative financial systems is key to resisting centralized control. TIMESTAMPS: (00:01:22) - Recounting the shocking moment Ray was taken by agents right after his speech at the Monerotopia conference in Mexico. (00:03:40) - Ray describes his deportation to the U.S. and details the "absurd" charges against him. (00:17:10) - Ray's belief of why he is being targeted: his work helping unbanked populations use peer-to-peer crypto. (00:30:00) - Ray's thoughts on spirituality and monotheistic faith (specifically Islam). (00:44:15) - Ray discusses his belief in the importance of the "FMM" (Financial, Monetary, Media) pillars, the power of prayer and his current mission. (01:02:00) - Ray shares details about his various projects, including a video game, a fashion line, and his deep dive into water science. (01:11:00) - Closing remarks and Ray's message for the audience. GUEST LINKS: https://x.com/ray_noOnes Purchase Cafe & tip the farmers w/ XMR! https://gratuitas.org/ SPONSORS: Cakewallet.com, the first open-source Monero wallet for iOS. You can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet (https://monero.com/) StealthEX, an instant exchange. Go to (https://stealthex.io) to instantly exchange between Monero and 450 plus assets, w/o having to create an account or register & with no limits. WEBSITE: https://www.monerotopia.com CONTACT: monerotalk@protonmail.com ODYSEE: https://odysee.com/@MoneroTalk:8 TWITTER: https://twitter.com/monerotalk FACEBOOK: https://www.facebook.com/MoneroTalk HOST: https://twitter.com/douglastuman INSTAGRAM: https://www.instagram.com/monerotalk TELEGRAM: https://t.me/monerotopia MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social MASTODON: @Monerotalk@mastodon.social MONERO.TOWN: https://monero.town/u/monerotalkAny donation is greatly appreciated!Any donation is greatly appreciated!
One of the most common dilemmas facing entrepreneurs today is what comes first: making the money or mastering the mindset to keep it? Much like the age-old "chicken or the egg" riddle, these two pillars of business are deeply interconnected, feeding into one another to create a thriving ecosystem, and Jenni and I are breaking it all down for you in this one. Today we look at where you should start in terms of a self-audit, how the three essential skills of money help you identify exactly where you should be pouring your energy based on the current stage of your business, and so much more. Whether you are a brand-new creator building from scratch, a seasoned pro looking to scale without burnout, or a leader trying to determine why your high revenue isn't translating into profit, this episode will light the way for what to do next! Want my Business Profitability Playbook? Come follow me on IG and DM me PROFIT and I'll send it over! And don't forget, if you want to be the first to know when Jenni reopens the doors to her monthly meditation membership, The InnerStellar Collective? If you're craving more intuition, mindfulness, and intentional space in your life, join the waitlist here. You'll be the first to hear what's coming next - go to www.bbdcoaching.com/innerstellarcollective. ✨ If you haven't yet signed up for my free weekly newsletter for online experts, The Digital CEO Weekly, you can sign up now and get it delivered straight to your inbox every Monday morning at www.jameswedmore.com/newsletter. Hey there, Digital CEO! If you're loving this episode and you know this is your year to finally build, launch, or scale your digital business the right way — then I've got something for you. Business By Design, my signature program that gives you everything you need to design a leveraged, profitable digital product business, only opens once a year… If you want to be the FIRST notified when doors are open, you can get on the waitlist for BBD 2026 right now. That way, you'll be the first to know when we open enrollment again (and trust me, you do not want to miss it!). Head to www.businessbydesign.net/ and join the waitlist today! Snap a screenshot of the episode playing on your device, post it to your Instagram Stories and tag us, @jameswedmore and @jenniwedmore. We'd love to hear what resonated with you the most from this episode and especially what you want covered in future ones! In this episode you'll hear: Jenni's inspiring story of launching her dream membership that was 15 years in the making Why I have zero interest in hearing you're "bad at sales" if you aren't willing to put in the 15-minute daily reps The profit margin to aim for early on in business, and the specific reason I tell people to avoid in-person hires until they hit $500k Why your business will never actually give you financial freedom, and the one thing you must do with your cashflow to actually get it My personal philosophy on why money left sitting in a business account is a liability that will always find a way to get spent A scary realization that if you have to talk to every lead for an hour to sell a digital course, your business isn't actually scalable How to use recurring and renewable revenue models to stop feeling like you're only one bad launch away from your business going under Why "getting rich fast" is the literal death of financial freedom, and how to master the habits that actually build a portfolio What can help stop you from freaking out over every algorithm change that comes at us For full show notes and links, visit: www.mindyourbusinesspodcast.com/blog/803
REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conferenceDollar Milkshake Theory developer Brent Johnson has released another report on stablecoins, emphasizing their tremendous potential to upend the global monetary system.He's shouting loudly about this because he sees most of Wall Street vastly unprepared for what's about to happen.It's largely treating stablecoins as a niche amusement, instead of the Omega-level disruptor Brent thinks it will prove to be.In fact, he thinks stablecoins will impact the global monetary order on the same level as the Bretton Woods accord, or when the dollar moved off the gold standard.To learn why, and what the implications will likely be, watch this video.#stablecoin #stablecoins #dollar _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.
Israeli Prime Minister Benjamin Netanyahu met with U.S. President Donald Trump behind closed doors on Wednesday in Washington. Five people were killed in crime-related incidents in the Arab community overnight Wednesday going into Thursday, and Arab-Israelis continue to grapple with rising crime.Israeli prosecutors filed an indictment against a civilian and an IDF reservist for using classified information for placing bets about military actions on the betting website, Polymarket.Hasod Story: IDN10 for 10% off - https://www.hasodstore.com/shopsmall/p/israeldailynewssupportIsrael Daily News website: https://israeldailynews.orgYOUTUBE: https://youtube.com/@israeldailynews?si=UFQjC_iuL13V7tyQIsrael Daily News Patreon: https://www.patreon.com/shannafuldSupport our Wartime News Coverage: https://www.gofundme.com/f/independent-journalist-covering-israels-warLinks to all things IDN: https://linktr.ee/israeldailynews
The American empire—with its global military footprint and permanent war economy—cannot be financed through honest taxation without provoking revolt.Original article: https://mises.org/mises-wire/monetary-decay-and-imperial-survival
La BCE abaisse ses taux directeurs de 0,25 point, espérant relancer une économie européenne fragilisée par les tensions commerciales mondiales.Traduction:The ECB cuts key interest rates by 0.25 points, aiming to revive Europe's economy amid global trade tensions. Hosted on Acast. See acast.com/privacy for more information.
Natalie Brunell and former Federal Reserve insider Danielle DiMartino Booth break down the escalating battle between Trump and Fed Chair Jerome Powell, the explosion in gold prices, and why Bitcoin is still trading like a "risk-on" asset instead of digital gold. We discuss: Why the Fed–White House showdown could change monetary policy Will Powell be a "shadow Fed Chair" beside Kevin Warsh? Was gold's rally a bubble or the start of a new era Why Danielle calls Bitcoin the ultimate gauge of risk appetite The labor-market crisis facing young Americans Returning to a gold standard? Danielle is CEO and Chief Strategy is QI Research: https://quillintelligence.com ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Sign up today to earn a $200 intro Bitcoin bonus. The Gemini Credit Card is issued by WebBank. See website for rates & fees. Learn more at https://www.gemini.com/natalie ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie ---- Earn passive Bitcoin income with industry-leading uptime, renewable energy, ideal climate, expert support, and one month of free hosting when you join Abundant Mines at https://www.abundantmines.com/natalie ---- Natalie's Bitcoin Product Partners: For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Play Bitcoin trivia and win up to 1 million sats! Download and use promo code COINSTORIES10 for 5,000 free sats: https://www.speed.app/coinstories Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie Natalie's Upcoming Events: Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/event/bitcoin-2026?promoCodeTask=apply&promoCodeInput= Strategy World 2026 in Las Vegas on February 23-26th - Use code HODL for discounted tickets: https://www.strategysoftware.com/world26 Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
Marty sits down with Matthew Mežinskis to discuss their quarterly monetary base update, analyzing Bitcoin's power law trajectory against gold and silver's record-breaking rallies, why Bitcoin remains historically undervalued relative to precious metals, and geopolitical considerations around freedom and autocracy. Matthew on X: https://x.com/1basemoney Porkopolis: https://www.porkopolis.io/topmoney/ STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/VJ2dABShBz Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Bitkey https://bit.ly/4pOv2L4 Promo Code: TFTC99 Unchained https://unchained.com/tftc/ SLNT https://slnt.com/tftc Lygos: http://bit.ly/3ZtQLwp Salt of the Earth: https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/
My guest today is Russell Napier, an independent financial market strategist, financial historian, author of The Solid Ground investment report, and founder of the charitable venture The Library of Mistakes. In today's episode, Russell explains why investors are asking the wrong questions at a critical turning point in financial history. He how financial repression, shifting monetary regimes, and political priorities are reshaping capital markets. To close, he explains the dangers of yield chasing, why technology won't defeat inflation, and why gold may be signaling what comes next. (0:00) Starts (3:14) Regime change & parallels to post-World War II Europe (8:06) The search for yield is dangerous (17:38) The disconnect between GDP growth and equity returns (23:14) The impact of inflation & deflation on equity valuations (25:56) Technology doesn't defeat inflation (30:20) Monetary system changes, gold prices, and American exceptionalism (37:50) Extrapolation is the opiate of the people (48:26) Book recommendations ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices