Ep. 1942 Investing Tips from a Financial Wiz: How to Survive the Inevitable Demise of Fiat Money

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 31 July 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

I got to know the brilliant financial mind Larry Lepard during the 2008 Ron Paul presidential campaigns, when at great personal expense he took out full-page ads for Dr. Paul in USA Today and the New York Times. Discussed today: the inevitable inflation and collapse of fiat that is coming, why not to invest in bonds, the relative merits of gold, silver, and Bitcoin. PlanB's "stock to flow ratio" and Bitcoin, Michael Saylor/Microstrategy's Bitcoin-holding "corporate treasury" strategy. When a Bitcoin ETF is coming. How Harry Browne's "permanent portfolio" approach might be adjusted in view of the looming problems with cash and bonds and the emergence of Bitcoin. Guest host Stephan Kinsella fills in for me.

Transcript

Click on a timestamp to play from that location

0:00.0	The Tom Woods Show, episode 1942.
0:03.5	Prepare to set fire to the index card of allowable opinion.
0:08.0	Your daily dose of liberty education starts here.
0:11.5	The Tom Woods Show.
0:14.5	Well, hello, everyone.
0:16.0	This is Stefan Kinsella, guest hosting for Tom.
0:19.0	Again, today, Tom is still hospitalized.
0:21.5	So, if you've been meaning to get around to supporting the show,
0:24.0	right now it's probably when it's most urgently needed.
0:27.0	So, go to supportinglisteners.com.
0:30.0	Today, our guest is Lawrence LaParde.
0:33.0	He's the managing partner and co-founder of Equity Management Associates LLC.
0:38.0	He has an MBA from Harvard Business School and a BA in Economics from Colgate University.
0:44.0	And we'd like to talk to him today.
0:46.0	Welcome to the show, Larry.
0:48.0	Thank you very much, Stefan.
0:49.0	It's an honor to be with you guys.
0:51.0	I'm sorry, Tom, I'm feeling well.
0:52.0	I'm sure he'll hear this.
0:53.0	I hope he mends up quickly.
0:55.0	I think he's going to be just fine and back in fine form soon.
0:58.0	And everyone will get Tom back and it'll be great.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tom Woods, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tom Woods and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.