Thanks! But wow, that sounds like overconfident doom-peddling. The US didn’t “control the price of oil” very well at all during the 1970’s energy crisis. Western nations did better during the...
Thanks! But wow, that sounds like overconfident doom-peddling.
The US didn’t “control the price of oil” very well at all during the 1970’s energy crisis. Western nations did better during the Ukraine war.
Well, that’s one forecast I suppose. I absolutely do not have any qualifications to speak on this. That said, I wouldn’t underestimate the wealthy’s ability and willingness to change the rules to...
Well, that’s one forecast I suppose.
I absolutely do not have any qualifications to speak on this. That said, I wouldn’t underestimate the wealthy’s ability and willingness to change the rules to keep as many wheels on the bus as possible.
I know we’re pretty well set up for another 2008 housing crisis repeat performance, but I remember people talking about the collapse of the US economy because of it back then. Then the government bailed the banks out and in many ways what occurred in comparison was a blip and the can was kicked down the road.
It seems plausible that there are unknown tools that might mitigate drastic upheaval? I hope.
I’ll watch this later today, but I’ve never heard of this guy before. He doesn’t have a Wikipedia entry. I’ve wondered how much credence to give the Bankless podcast since a fairly anti-blockchain...
I’ll watch this later today, but I’ve never heard of this guy before. He doesn’t have a Wikipedia entry.
I’ve wondered how much credence to give the Bankless podcast since a fairly anti-blockchain discussion a few months back. A quick look at Google and his site- he’s a former Wallstreet guy turned analyst. The media linked on his site seems like it might be a bit clickbait-y, though that might be just a matter of my taste vs what a media person thinks is needed to garner views.
TLDR - possible investment shock jock, going in skeptically. More later.
Not a huge fan of Bankless personally. I think of a lot of their takes on the topic of blockchains are wildly incorrect, particularly with anything outside of Ethereum. But Luke Gromen has been...
Not a huge fan of Bankless personally. I think of a lot of their takes on the topic of blockchains are wildly incorrect, particularly with anything outside of Ethereum. But Luke Gromen has been spot on with his macroeconomic analysis the past few years.
Luke Gromen discussing energy as a currency base layer.
Could you summarize the video?
(Energy is a pretty volatile component of inflation, so I don’t see why it would be desirable. But I’m mildly curious.)
AI generated summary here:
https://www.summarize.tech/www.youtube.com/watch?v=mCEVp4OlMd4
Thanks! But wow, that sounds like overconfident doom-peddling.
The US didn’t “control the price of oil” very well at all during the 1970’s energy crisis. Western nations did better during the Ukraine war.
Well, that’s one forecast I suppose.
I absolutely do not have any qualifications to speak on this. That said, I wouldn’t underestimate the wealthy’s ability and willingness to change the rules to keep as many wheels on the bus as possible.
I know we’re pretty well set up for another 2008 housing crisis repeat performance, but I remember people talking about the collapse of the US economy because of it back then. Then the government bailed the banks out and in many ways what occurred in comparison was a blip and the can was kicked down the road.
It seems plausible that there are unknown tools that might mitigate drastic upheaval? I hope.
I’ll watch this later today, but I’ve never heard of this guy before. He doesn’t have a Wikipedia entry.
I’ve wondered how much credence to give the Bankless podcast since a fairly anti-blockchain discussion a few months back. A quick look at Google and his site- he’s a former Wallstreet guy turned analyst. The media linked on his site seems like it might be a bit clickbait-y, though that might be just a matter of my taste vs what a media person thinks is needed to garner views.
TLDR - possible investment shock jock, going in skeptically. More later.
Not a huge fan of Bankless personally. I think of a lot of their takes on the topic of blockchains are wildly incorrect, particularly with anything outside of Ethereum. But Luke Gromen has been spot on with his macroeconomic analysis the past few years.