The Breaking of the Global Economy with Nik Bhatia
SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-breaking-of-the-global-economy
Nik Bhatia is the founder of ‘The Bitcoin Layer’ & author of ‘Layered Money’. This interview delves into Nik's work in the Bitcoin industry and his background in trading interest rates. We discuss the impact of low-interest rates on the economy, the relationship between inflation and interest rates, and the impact of central bank actions on markets. The conversation expands to include global recessions, the Chinese economy, and the future of Bitcoin.
THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledger - https://www.ledger.com/
Unchained - https://unchained.com/
Orange Pill App - https://www.theorangepillapp.com/
SUPPORT THE SHOW:
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com
→ https://www.whatbitcoindid.com/sponsorship/
TIMESTAMPS:
00:00:00 Introduction
00:05:16 Interest rate key driver
00:15:11 Central bank vs markets
00:28:59 Recessions; Repo market
00:43:03 Bitcoin macro layer; BRICS
00:50:17 China; why Bitcoin matters
WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr
LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/
WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/
LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/
#Bitcoin #Finance #Economics
****
“You can imagine a world in which people actually have more power than institutions and governments...Bitcoin has the ultimate power in making the world a better place for people.”
— Nik Bhatia
Nik Bhatia is the founder of ‘The Bitcoin Layer’ & author of ‘Layered Money’. This interview delves into Nik's work in the Bitcoin industry and his background in trading interest rates. We discuss the impact of low-interest rates on the economy, the relationship between inflation and interest rates, and the impact of central bank actions on markets. The conversation expands to include global recessions, the Chinese economy, and the future of Bitcoin.
- - - -
The unprecedented period of low-interest rates that followed the 2008-09 financial crisis was deemed a golden opportunity for those leveraging debt. However, this environment hid many significant dangers. Chief among them was the encouragement of irrational investments. The problem comes, as we have seen, when this period of low interest ends. A reasonable cost of capital provides a check on such behaviour.
Interest rates are influenced by both the market and central banks, with central banks often lagging behind market movements. When the central bank raises rates, they are adjusting the target rates for various lending markets. There is therefore an interplay between central bank actions and market forces in determining interest rates. In addition, there is feedback as investors anticipate interest rate hikes and adjust their investments accordingly.
As we have seen, central banks have used interest rates to temper inflation. This is a crude tool and can risk tipping economies into recession. Purchasing Managers' Indexes (PMIs) can be used to analyse economic activity at the nation-state level; the PMIs in Europe are all in contractionary territory, indicating a deteriorating economy. The issue is, that in our globalised economy, such problems leak into other economies, such as China.
The underlying issue in such a situation is the significant risks associated with the traditional financial instruments of the fiat economy. Financial institutions' liabilities are approaching concerning levels. The problem is that such liabilities are essentially infinite. This is why Bitcoin’s value tends to rise when central banks implement easing measures, as many can see the eventual unwinding of the fiat system. The question is how close are we to this unwinding?
-
3:10:27
Mr Obnoxious
17 days agoUAPs, Simulation Theory & Human Consciousness | Matthew Pines x Mr Obnoxious Podcast
7.63K23 -
59:12
Flyover Conservatives
1 day agoUN Power Grab… Are They Using Google to Control Dissent and Push Propaganda? - Alex Newman; Economic Update - Dr. Kirk Elliott | FOC Show
58.8K5 -
1:13:55
Abigail Joy
6 hours agoYou're Not Bullish Enough! - Human 1.0 w/ Abigail Joy - September 30 2024 - LIVE STREAM
48.3K4 -
14:35
China Uncensored
7 hours agoI Wasn’t Expecting THIS Would Turn China Against Xi Jinping
51K16 -
55:21
LFA TV
21 hours agoNetanyahu Understands War | Trumpet Daily 9.30.24 9PM EST
48.4K21 -
1:13:17
We Like Shooting
19 hours agoDouble Tap 377 (Gun Podcast)
38.6K -
1:00:44
The StoneZONE with Roger Stone
7 hours agoWill Hurricane Helene Affect The Election In 35 DAYS? The StoneZONE w/ Roger Stone
42.3K32 -
3:12:23
Tundra Gaming Live
13 hours agoThe Worlds Worst Horror Streamer Has Heart Attack Playing Phasmophobia
33.2K -
56:22
Patriots With Grit
11 hours agoReclaiming The Republic One County At A Time | Natalie Scholl
26.6K1 -
1:59:52
VOPUSARADIO
15 hours agoThe Dan Smeriglio Show With Special Guest: Mandy Gunasekara, President Trump's EPA Chief of Staff
33.5K