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TFTC: A Bitcoin Podcast

#647: How Globalization Destroyed American Manufacturing with Infra

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 4 August 2025

⏱️ 106 minutes

🧾️ Download transcript

Summary

Marty sits down with Infra to discuss how decades of globalization and financialization have hollowed out American manufacturing, created massive wealth inequality, and led to a "silent depression" marked by declining real wages, rising deaths of despair, and social dysfunction that can only be addressed through economic nationalism, dollar devaluation, and a shift toward productive rather than financial assets like Bitcoin.

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Transcript

Click on a timestamp to play from that location

0:00.0

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

0:10.0

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

0:16.0

So it's all acting like safe haven.

0:18.0

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

0:24.4

Bitcoin wins.

0:25.3

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

0:29.2

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

0:31.8

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

0:36.4

Robert, thank you for joining me, sir.

0:39.9

Yeah, good to be here.

0:41.9

We got introduced by a mutual friend, Roberto, formerly known as, and still known as,

0:48.5

popularly as Peruvian Bull.

0:50.2

He reached out in Trotovacvite.

0:52.1

Email said, had to talk to you. we've been going back and forth a little bit

0:57.0

through email this week and just really excited to touch on some of the topics that you're

1:02.6

focused on and passionate about globalization silent depression tripping dilemma and as we were

1:09.2

discussing right before we hit record, let's start with globalization.

1:12.5

Because obviously, I think this year, particularly we're seeing political reactions to globalization

1:19.5

in the form of tariffs and economic policy here in the United States making big shifts.

1:25.8

And so let's let's start with globalization. How did it get to this

1:31.2

point? And where do you see it going in the future? Yeah. So really started in the 80s, at least kind of

1:39.3

from what I can gather from bounce of trade, current account data, started in the 80s, and basically, you know,

...

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