Episode Details
Back to EpisodesLawrence Lepard: Next Fed Pivot Will Be The Last
Description
Lawrence Lepard founded Equity Management Associates in 2006. EMA is an equity investment management firm investing in growing private and public companies around the world. The competitive CrossFit Masters Athlete and former pilot earned his MBA from Harvard and BA in economics from Colgate.
Follow Lawrence on Twitter https://twitter.com/LawrenceLepard
IN THIS EPISODE:
0:00 Swan Bitcoin promo
1:18 Growing up in Michigan
2:00 Dad was a shopkeeper; first love was engineering, path led to economics
4:58 Investing in the internet in 1993 and 1994, seeing the dot-com bubble
6:38 Comparing Bitcoin to early internet skepticism "passing fad"
8:54 Roots traced to the Mayflower
11:23 Going off the gold standard was an earthquake in the wrong direction
14:19 "Bitcoin is a spear that is pointed right at the heart of the fiat system."
14:38 Discovering Bitcoin
18:19 Going down the BTC rabbit hole; self-sovereignty
20:46 "Any measure you want to use (Bitcoin) is growing."
21:30 "Plan B did a very big disservice to the Bitcoin community."
25:02 iTrustCapital promo
25:48 Bitcoin 2023 and Bitcoin Amsterdam promo
26:54 Fold app promo
27:29 "The Fed is losing it ... they completely blew it." Hyperinflation is coming.
34:49 Bond market is going to break the Fed
40:12 "We're going into an amazingly large shitstorm in the next 12 months."
41:30 What happens when the money printer kicks in?
47:27 Birth of a crisis ... labor started with 2008 housing bubble and recession
50:06 Double-digit inflation "The money is bad. The money is broken."
51:33 Ayn Rand "Whenever destroyers appear ... they start by destroying money"
52:56 Mainstream doesn't understand problem
54:56 Bitcoin cuts through "red" and "blue"
57:06 What does the Fed do if the next pivot isn't the last?
59:59 Dove into CrossFit in his 50's after reading Younger Next Year by Chris Crowley
1:02:56 Carnivore diet
1:03:52 Sound money, sound body, sound mind
1:04:39 Former pilot; father was also a pilot
1:05:40 Bitcoin will flip gold
1:07:48 Be strong and optimistic
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