A Coming Reckoning: Why The Fed Can't Outspend Deflation, feat. Jeff Booth
The Breakdown14 Maj 2020

A Coming Reckoning: Why The Fed Can't Outspend Deflation, feat. Jeff Booth

Two powerful and diametrically opposed forces are shaping the economy. On the one hand is inflationary economic policy, which keeps the price of assets like real estate and stocks rising ever higher, but at the expense of savings as the value of currency depreciates. On the other is technology-wrought deflation. As technology increases its capacity exponentially, it causes everything it touches to be less expensive. Jeff Booth is the author of “The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future.” In this conversation, he and NLW discuss: How today’s system came to be designed Why policy makers are terrified of deflation Why inflationary policy punishes savers and forces them into riskier markets How policy that prioritizes asset holders over savers has significantly exacerbated inequality Why each dollar of debt is producing less real economic growth than ever before Why proposed “solutions” like MMT and UBI paper over the root causes of the problem

Avsnitt(2059)

Clavicular x Polymarket, the CLARITY Act, and What MegaETH Tells Us About Retail | The Breakdown

Clavicular x Polymarket, the CLARITY Act, and What MegaETH Tells Us About Retail | The Breakdown

David runs through three Monday morning stories: the viral Clavicular clip with Polymarket’s CMO, the CLARITY Act’s compromise on stablecoin yield, and MegaETH’s adoption numbers a week into its point...

4 Maj 25min

MegaETH, the DeFi United Bailout, Meta’s USDC Push, and Blockworks Reaches $192M Valuation | The Breakdown

MegaETH, the DeFi United Bailout, Meta’s USDC Push, and Blockworks Reaches $192M Valuation | The Breakdown

DeFi just raised $302 million to cover losses from the Kelp DAO hack. David calls it what it is: a bailout. David runs through four stories from the week — MegaETH, DeFi United, Meta’s stablecoin pay...

30 Apr 36min

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How Crypto Is Fighting Back Against North Korea | The Breakdown

North Korea has had IT workers embedded in DeFi protocols since DeFi Summer — and they’re pretty good devs. Nick Bax, blockchain investigator and SEAL 911 incident responder, joins us to break down h...

28 Apr 37min

Mythos Leaks, Crypto in the Strait of Hormuz, and DoorDash Stablecoins | The Breakdown

Mythos Leaks, Crypto in the Strait of Hormuz, and DoorDash Stablecoins | The Breakdown

Someone guessed Anthropic’s Mythos URL, gained unauthorized access to the most hyped AI model in history, and used it to build websites. David covers three stories from the week: the Mythos breach,...

23 Apr 26min

Can AI Actually Trade Crypto? | The Breakdown

Can AI Actually Trade Crypto? | The Breakdown

Crypto might be the world’s best test bed for AI trading — and Virtuals Protocol is running the experiment live. Weekee Tiew, co-founder of Virtuals Protocol, joins us to explain Degen Claw, their AI...

21 Apr 31min

Crypto Fed Chair, Polymarket Bots, and the Faketoshi Movie

Crypto Fed Chair, Polymarket Bots, and the Faketoshi Movie

Trump's Fed pick has 30-plus crypto investments — and that's just what he could disclose. David walks through Warsh's filing, a Polymarket bot built on the theory that nothing ever happens, and Hollyw...

16 Apr 28min

Kevin O’Leary on AI, Data Centers, and Why He Sold 27 Crypto Positions | The Breakdown

Kevin O’Leary on AI, Data Centers, and Why He Sold 27 Crypto Positions | The Breakdown

AI is reprogramming the social fabric — and nobody can agree whether that’s a good thing. Kevin O’Leary, investor and entrepreneur, joins us to share his framework for navigating the AI era across in...

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The Three Layers of AI Agent Commerce with Jordan Liu | The Breakdown

The Three Layers of AI Agent Commerce with Jordan Liu | The Breakdown

x402 just got a lot bigger. The Linux Foundation is now backing it — and maybe Amazon, Google, Stripe, Mastercard, and American Express along with them. In this episode, David sits down with Jordan L...

9 Apr 38min

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