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TFTC: A Bitcoin Podcast

#559: Death Throes of the European Cabal with Tom Luongo

TFTC: A Bitcoin Podcast

TFTC: A Bitcoin Podcast

Technology

4.8764 Ratings

🗓️ 22 November 2024

⏱️ 118 minutes

🧾️ Download transcript

Summary

Marty sits down with Tom Luongo to discuss the next steps after Trump's victory in the election.


Tom on Twitter: https://x.com/tfl1728

Tom's Blog: https://tomluongo.me/


0:00 - Intro


1:30 - Trapping Trump in a war as a last resort


9:30 - Bond markets


14:21 - Unchained & Coinkite


16:40 - Treasury Secretary choice


21:06 - Tom’s thesis is playing out


26:20 - What do the next steps look like?


32:31 - Better ways to fund the govt


47:25 - Zaprite & SOTE


48:58 - Trump appointments and foreign policy


58:16 - Gaetz


1:05:02 - Zeitgeist shift


1:20:34 - Authenticity of the new guard


1:29:09- Podcasts are superior


1:35:09 - There’s plenty of work left to do



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https://drinksote.com/tftc



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Transcript

Click on a timestamp to play from that location

0:00.0

Five asset classes not normally correlated are all going to go up together. Gold, Bitcoin, stocks,

0:06.7

bonds, and the dollar. It's going to be a massive safe haven trade as Europe collapses.

0:12.2

Tom Luongo, geopolitical analyst and markets expert, reveals what he thinks will happen as the euro

0:17.2

continues to weaken due to political uncertainty and energy dependence.

0:21.2

You know, threatening the world with nuclear war, that's kind of, you mean, once you go nuclear,

0:24.6

you've got nothing else you can threaten people with, right?

0:26.4

What you're watching now, I think, is the death throws of the people who really thought

0:29.6

that they had everything buttoned up.

0:31.3

And while Europe struggles, Tom shares his reasoning for an unpopular opinion on American

0:36.3

interest rates.

0:42.1

Powell's going to cut rates harder under Trump than he would have under Kamala Harris.

0:44.9

I know that sounds backwards, but it's true. Post-election analysis, geopolitical updates, and timely financial predictions.

0:49.7

This conversation will keep you fully in the loop at a time when you may need it most.

1:03.7

You've had a dynamic where money has become freer than free.

1:09.5

If you talk about a Fed just gone nuts, all the central banks going nuts.

1:11.6

So it's all acting like safe haven. I believe that in a world where central banks going nuts. So it's all acting like safe haven.

1:19.0

I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.

1:22.2

In the world of fiat currencies, Bitcoin is the victor.

1:25.1

I mean, that's part of the bull case for Bitcoin.

1:28.0

If you're not paying attention, you probably should be.

1:31.4

It's a brave new world.

1:33.2

Maybe.

...

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