Yesterday I had
(aka The Peruvian Bull) on the podcast for an interesting conversation on the 30,000 foot view of the macro world. We talked about the Fed and the Treasury, precious metals, real estate, crypto, and everything in between. If you’re interested in the big picture for different assets in the world of currency debasement, you will enjoy this one. You can find him on Twitter and YouTube, as well as his Substack below.
Podcast Summary
What’s going on with the Fed, stealth QE, and the lack of demand for long duration bonds.
How crypto and stablecoins have impacted the Treasury market.
His view on precious metals, particularly gold and silver, and how gold front runs quantitative easing.
How the real estate being unaffordable feeds into the Generational Divide, and what the next several years hold for residential real estate.
Why large institutions shouldn’t be allowed to own single family homes.
How demographics and immigration impact the real estate market.
How the structure of the monetary system, liquidity, and debasement drive asset price inflation in the equity market.
His view on Bitcoin, and how it is different from other cryptos.
Book Recommendations: The Storm Before The Storm by Mike Duncan, The Mr. X Interviews by Luke Gromen & The Hidden Hand Of American Hegemony by David Spiro.
