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Emergency Episode: Why This Financial Crisis Is Worse Than 2008 | Balaji Srinivasan Pt 1

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Balaji has greatly impacted my thinking about what’s going on in the world and this 3 part controversial episode on what may be the worst financial crisis of our time is going to alter the way you think about the future of politics and society as we know it. These topics are uncomfortable, but are sure to spark a range of opinions and emotions and hopefully a lot of conversation about what you’ll decide to do from here.

So, what are we unpacking in this epic interview?

- Balaji's tweet, where he puts up $1M to raise awareness about the trillions of dollars being printed, with his bizarre bitcoin bet.
- The concerning state of the US economy and the need for alternative forms of money to hedge against a potential collapse.
- Historical cycles of empires that rise to power and eventually collapse, and being prepared for potentially catastrophic consequences.
- Balaji’s idea for the Network State that will blow your mind.

In this conversation, Balaji really sheds light on complex government systems in a way that’s palatable and digestible. Get ready for one of the most important moments in our lifetime.

Check out Balaji’s book, The Network State: How to Start A New Country: https://www.amazon.com/Network-State-How-Start-Country-ebook/dp/B09VPKZR3G

Balaji Quotes:

“I do believe an enormous amount of money is going to be printed just like Ray Dalio, just like a number of other people do, and in such a case, you want to have outside money, whether that is gold, whether that is a foreign fiat currency that you have faith in.”

“The safest asset in the world became the riskiest asset in the world”

“This is sort of obvious, but you don't become number one by accident.”

“People will selectively excavate aspects of history and use them as a weapon”

“Printing money is in a sense like official counterfeiting.”

“The U.S. exports its inflation in part because it is the consumer of all these products around the world, and the dollar is its major export, and what is a small or tolerable rise in prices in the U.S. is intolerable abroad”

Follow Balaji Srinivasan:
Website: https://balajis.com/
Twitter: https://twitter.com/balajis/

Get ready to unlock your true potential and enjoy an unparalleled listening experience with our Impact Theory subscription service at https://impacttheorynetwork.supercast.com/

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1:31:37
Publication year
2023
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