Wealth Preservation During a Fourth Turning | Russell Napier

Hidden Forces

Demetri Kofinas

Government, Business

4.8 • 1.6K Ratings

🗓️ 8 May 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 415 is the third episode in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with some of the smartest and most plugged-in people they know to help them navigate the once-in-a-century economic, political, and geopolitical reordering that is currently underway.

In this episode Kofinas and Williams speak with economic historian, author of “The Solid Ground Newsletter” and Keeper of the Library of Mistakes, Russell Napier about the end of the economic, monetary, and global trading & security order that has been the largest single driver of global growth over the last thirty years.

The consequences of the changes discussed for economic and national security, social cohesion, investment, and wealth preservation are nothing short of tectonic. Points of discussion include:

The Trump administration’s economic and trade strategy
Efforts to isolate China
The creation of new monetary systems
The search for new safe assets
The realignment of global power
The escalating risk of war with China

There is also a long and detailed discussion about how investors can position themselves for:

The accelerating repatriation of capital flows
The onset of capital controls
A prolonged period of financial repression in which wealth preservation will take precedence over making money and chasing outsized financial returns.

If you want early access to this conversation, subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe.

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Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 04/25/2025

Transcript

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0:00.0	What's up, everybody?
0:02.0	My name is Demetri Kaffinus, and you're listening to Hidden Forces, a podcast that inspires investors,
0:09.0	entrepreneurs and everyday citizens, the challenge consensus narratives, and learn how to think critically about the systems of power shaping our world.
0:18.0	What you're about to hear is the third episode in a podcast series hosted by me and my co-host,
0:24.1	Grant Williams, titled The Hundred Year Pivot.
0:27.2	In it, we speak with some of the smartest and most plugged-in people we know to help
0:31.6	position ourselves, our organizations, our families, and our portfolios for the once-in-a-century
0:37.4	economic, political,
0:38.9	and geopolitical reordering that we believe is currently underway. In today's conversation,
0:45.0	Grant and I speak with economic historian, author of the Solid Ground Newsletter, and keeper of
0:50.4	the Library of Mistakes, Russell Napier, about the end of the economic, monetary, and global
0:56.0	trading and security order that has been the biggest driver of global growth for the last 30 years.
1:02.0	The consequences of the changes we discuss for economic and national security, social cohesion,
1:07.3	investment, and wealth preservation are nothing short of tectonic. Among other things, we discussed
1:13.2	the Trump administration's economic and trade strategy, efforts to isolate China, the creation
1:18.6	of new monetary systems and the search for new safe assets, the realignment of global power,
1:24.5	the escalating risk of war with China, and how investors can seek to anticipate
1:28.7	and position themselves for the accelerating repatriation of capital flows, the onset of capital
1:34.1	controls, and a prolonged, potentially multi-decade period of financial repression where wealth
1:39.3	preservation will take precedence over making money and chasing outsized financial returns.
1:45.6	If you want early access to this conversation,
1:48.5	go to hiddenforces.io slash subscribe
	...

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