End of the Long-Term Debt Cycle with Dylan LeClair - WBD487
Dylan LeClair is a Bitcoin and macro analyst working for Bitcoin Magazine. In this interview, we discuss the playing out of the long term debt cycle, the coming commodity wars, how Bitcoin is a lifeboat, and transitionary investments.
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We are living through unprecedented times, where the old ways of order are expected to crumble. And yet, life seems comfortably familiar. This can lure people into a false sense of confidence that the political, economic, and monetary norms will continue undiminished into the future.
The same sense gripped German citizens during the 1920s. \u2018When Money Dies\u2019 documents how \u201cFinancially, for nearly four years, the ultimate cataclysm was always just around the corner. It always arrived, and there was always an even worse one on its way \u2014 again, and again, and again.\u201d And we\u2019re seeing the beginnings of such cataclysms affecting the price of living.
Inflation, shortages of goods, energy price spikes, and currency failures could be mischaracterized as isolated singular events. But are they in fact, signals of a wider connected pattern of seismic shocks as the global economy adjusts to the impact of the long-term debt cycle?
If Bitcoin is a lifeboat, why isn\u2019t it reflected in the price? Bitcoin is still acting like a risk asset, but for how long?