Raoul Pal joins for me a mind-blowing exploration of global financial history, the emergence of the exponential age, Bitcoin, the metaverse, and a look into the future of humanity.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTRaoul's twitter: https://twitter.com/RaoulGMIRaoul's company: https://www.realvision.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 “The Sun Never Sets on the British Empire”00:06:22 The Weimar Hyperinflation00:08:56 World War II and The Baby Boomers00:13:29 Pax Americana and Rules-Based Global Order00:17:00 The Largest Demand Shock Ever Seen00:22:22 Economic Disparity Driving Political Polarization00:25:28 Reagan, Thatcher, and Unintended Consequences00:30:32 Financialization of the 1980s00:34:46 Introduction of the WTO00:39:45 NYDIG00:40:53 The Dark Side of the “Exorbitant Privilege”00:42:47 Central Bank Policy Tools and “Managing” the Business Cycle00:44:34 The 1997 Asian Financial Crisis00:49:35 The 2001 Dotcom Crisis00:50:51 Collapse in Labor Force Participation and Monetary Velocity00:53:46 The 2008 Great Financial Crisis and QE Infinity00:59:30 The Making of the Everything Bubble01:04:20 The Rise of Digital, Populism, and Wealth Confiscation01:09:54 The Fourth Turning and “The Pandemic”01:15:47 Universal Underwriting by The Central Bank01:19:14 The Unstoppable Truth of Demographics01:25:39 Bitcoin and the Unreality of Currency Debasement01:32:07 Lack of Segregation in Financial Instrument Property Rights01:38:14 Possible Political Responses to the Impending Financial Crisis01:41:25 Misaligned Incentives, Population Control, and The Exponential Age01:44:54 Emergence of the Metaverse and Networked States01:50:20 “The Game Is Not What You Want It To Be, The Game Is What It Is”01:56:16 A World Running on Deflationary and Programmable Money01:59:59 Digital Identity, “Capitalist UBI,” and Free Energy?02:06:36 Where Does the Value Accrue in the Exponential Age?02:13:27 The Possibility of Radical Life Extension02:15:17 Change the Money, Change the WorldSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22