#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

Jun 02, 2023•4 hr 26 min

--:--

Listen in podcast apps:

Listen to this episode in Metacast mobile app

Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Marty sits down with Balaji Srinivasan for the longest episode of TFTC yet, going in depth on the nature of the incoming fiat crisis.

Balaji on Twitter: https://twitter.com/balajis

6:13 - How does the debt ceiling contribute to the fiat crisis?
9:48 - Reality check
21:38 - History is running in reverse
25:09 - The unipolar moment is over
38:05 - America is 3 tribes
44:42 - Democracy has 4 definitions
55:33 - India adopting pragmatic democracy
59:08 - China won’t go away
1:07:03 - USSA
1:36:11 - How America gets its strength back
1:43:16 - Dollar nationalists, social media politics
1:53:20 - It’s not one nation, it’s two parties with verbal footsoldiers
2:07:15 - The Gray tribe
2:35:47 - Blue losing media control
2:39:46 - Recap, Blue’s remaining power
2:45:48 - The tribal filter on the banking situation
3:01:36 - The declining US empire
3:13:13 - Blue America’s infrastructure highlights
3:16:40 - Exiting through Bitcoin
3:20:18 - We’ve lost our moon shoes
3:22:24 - The writing’s on the wall and states have incentive to exit early
3:42:53 - People robbed by cantillon cities are likely to get mad
3:48:13 - Fed now is a CBDC no matter what they say
4:05:15 - Civil unrest precursors
4:08:24 - Hiding insolvency
4:11:13 - History mirroring
4:17:04 - Reflecting on a long show, doling white pills