Waiting for a Recession with John Mauldin (WiM349)

John Mauldin joins me to discuss the challenge of inflation for The Fed, the occasional "need" for an economic crisis, the consequences of central planning, and the future of Bitcoin. <br /><br />John Mauldin is a financial expert, best-selling author, online commentator, and publisher. <br /><br />// GUEST // <br />Twitter: https://twitter.com/JohnFMauldin <br />YouTube: https://www.mauldineconomics.com/<br /><br />// SPONSORS // <br />In Wolf's Clothing: https://wolfnyc.com/<br />Gold Investment Letter: https://www.goldinvestmentletter.com/ <br />iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ <br />Wasabi Wallet: https://wasabiwallet.io/ <br />Casa (use discount code BREEDLOVE): https://keys.casa/ <br />Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ <br />Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com <br />Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ <br /><br />// OUTLINE // <br />00:00 - Coming up <br />00:32 - Intro <br />02:05 - Helping Lightning Startups with In Wolf's Clothing <br />02:52 - Introducing John Mauldin <br />04:57 - The John Mauldin Newsletter <br />05:50 - Inflation: A Challenge for The Fed <br />09:00 - Waiting for a Recession <br />10:03 - The Real Reason for Inflation <br />11:56 - Debt is a Drag on GDP Growth <br />13:45 - The Need for a Crisis <br />17:01 - Maximize Your Profits with Gold Investment Letter <br />17:57 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet <br />18:54 - John's Answer to "What is Money?" <br />20:54 - Stealing Purchasing Power <br />22:41 - Consequences of Central Planning <br />24:22 - Purpose of Central Banking <br />26:57 - Effectiveness of Central Banking <br />29:02 - Legal Counterfeiting of Money <br />32:12 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet <br />33:03 - Hold Bitcoin in the Most Secure Custody Model with Casa <br />33:52 - A World Without Central Banks <br />35:48 - Gold is Central Bank Insurance <br />37:28 - John's View on Bitcoin <br />39:31 - Expanding Economy and the Prospect of Bitcoin <br />41:12 - Bitcoin Needs More Time <br />42:40 - Moving to Puerto Rico <br />44:11 - Where to Find John on the Internet<br /><br />// PODCAST // <br />Podcast Website: https://whatismoneypodcast.com/ <br />Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400<br />Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? <br />RSS Feed: https://feeds.simplecast.com/MLdpYXYI<br /><br />// SUPPORT THIS CHANNEL // <br />Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 <br />Sats via Strike: https://strike.me/breedlove22 <br />Sats via Tippin.me: https://tippin.me/@Breedlove22 <br />Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove<br /><br />// WRITTEN WORK // <br />Medium: