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TFTC: A Bitcoin Podcast

#750: Stimmy Checks Are Coming Back with Joe Consorti

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8804 Ratings

🗓️ 27 May 2026

⏱️ 68 minutes

🧾️ Download transcript

Summary

Marty sits down with Joe Consorti to discuss the K-shaped economy and why money printing has severed markets from reality, the Fed's trap between soaring interest expense and oil-driven inflation, the looming return of stimulus checks, Bitcoin's rise as neutral geopolitical settlement money in the Hormuz crisis, and the cultural decay downstream from fiat currency.

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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

0:23.5

currency, 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.

0:31.9

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

0:36.3

Joe Consorti, welcome to the show, sir. Already bent. Thank you for having me on. How have you been? I've been good. My wife and I, I'm checking my whiteboard because she writes in on there. My wife and I are expecting a baby in eight weeks. So very excited about that. First time dad, you're going to be a girl dad.

0:59.6

And yeah, so that's sort of top of mind right now. But beyond that, I'm doing very well.

1:04.1

As it should be, congrats. Thank you. I'm sure you've heard it. It's the old, the old head dad joke for expecting fathers, get as much sleep as you can. Oh, you're going to miss it.

1:09.9

Yeah. Yeah. No, but I going to miss it. Funny. Yeah.

1:11.6

No, but I think we were, I mean, we were just talking about it before I hit record.

1:15.6

I was saying I've been watching your, your YouTube channel.

1:18.6

I think the coverage that you've been, that you have out there, particularly on the economy and as it pertains to Bitcoin, is very important

1:29.4

because, like I said, I think people are missing the forest for the trees and forgetting

1:35.6

about Bitcoin's fundamental value products. There's a lot of people that are bearish right now,

1:38.9

it's 76,000. But I think your coverage of the state of the economy, particularly the K-shaped economy

1:46.0

that is developing as AI takes off in the haves and the have-nots seem to have a wider distance

1:53.7

between them is an important reminder of why Bitcoin exists in the first place.

1:58.0

Absolutely.

1:59.0

You know, the K-shaped economy is, it's more pronounced now than I think ever before,

...

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