Birthdays, Sketch Comedy, Inflation, Bitcoin, and Nathan Being Right

I'd Rather Be Right with Luc & Nate

English - May 19, 2021 02:39 - 1 hour - 63.2 MB - ★★★★★ - 1 rating
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Previous Episode: The One That Went Off The Rails: Crypto, Vaccine IP Protection, Liz Cheney, and then Insanity

Next Episode: Bitcoin: WTF happened yesterday? And more thoughts on Bitcoin.

First, we get into Nathan’s birthday party and his review of Elon Musk on Saturday Night Live. This of course leads to a discussion of sketch and improv comedy.

Then we talk about Covid vaccines.

Then it’s onto Bitcoin, CPI, and the current state of inflation. This is a deep dive into the Consumer Price Index (CPI), how it works, and how inflation happens including a discussion on Modern Monetary Theory (MMT). All of this of course is wrapped in the context of Bitcoin as an inflation hedge which leads to a discussion of how a Bitcoin world might improve these issues.

This leads to a discussion on systemic economic issues including the Russian cyberattacks and specifically the attack on the oil pipeline. Then we get into how these various issues impact issues like price gouging and how they might be addressed. We discuss the need for a carbon tax.

Then, in the end, Luc admits that Nathan was right. (Note: this was written by Nathan and he very much wanted this on the record.)

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