Ep. 12 - Banking Crisis: Where We Stand Now with Brad [Redacted]

The Liberty Portal Podcast is produced by ⁠Sheehan Works⁠ and presented by ⁠LibertyPortal.com⁠: your gateway to a free society.This show examines current events through a libertarian lens, offering you an alternative to the pre-approved, tightly scripted narratives of the legacy media. We distill the complexity of important issues, and arm you with new perspectives to better advocate for a free and prosperous world.ON THIS EPISODEThe team is joined by long time friend, fellow libertarian, and finance professional Brad [redacted] to discuss the ongoing banking crisis, what happened and why, what could be coming next, how all of this affects regular folks, and how we can get ourselves in the best shape possible to weather a looming economic crisis. We also dive into the recent shooting in Nashville, and the terrible legislation proposed to ban TikTok.SPONSORSThis episode is brought to you by our friends at Zesty Beverages. They’re on a mission to unf*uck the standard American diet by crafting beverages with fewer calories and more nutrients from real food.Their lineup of delicious drinks now features Electric Peak Yerba Mate, a line of post-biotic sodas, keto-friendly, ready-to-drink margaritas and hard teas. Wondering what a post biotic soda is? Head over to ⁠zestybev.com⁠ to learn more and find a retailer near you. CHAPTERS0:00 - Introductions + Banter2:25 - Banking crisis: where do we stand?7:30 - How this affects everyday people17:10 - Is deflation possible?23:45 - Parallels between East Palestine and SVB collapse?26:55 - Fractional Reserve Banking and Moral Hazard31:30 - How does the rise of BRICS impact dollar supremacy and the economy?36:20 - Strength of the dollar vs. international currencies38:30 - Is a central bank digital currency (CBDC) a part of this equation?45:55 - Is the sentiment towards ESG shifting?46:35 - Nashville shooting and republican hypocrisy56:50 - The RESTRICT Act: A steaming pile of rights violating garbageREFERENCES / SOURCES+ BOOK: Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System - By Barry Eichengreen - ⁠https://amzn.to/3McAmqv⁠