Waiting for a Recession with John Mauldin (WiM349)

John Mauldin joins me to discuss the challenge of inflation for The Fed, the occasional "need" for an economic crisis, the consequences of central planning, and the future of Bitcoin. John Mauldin is a financial expert, best-selling author, online commentator, and publisher. // GUEST // Twitter: https://twitter.com/JohnFMauldin YouTube: https://www.mauldineconomics.com/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/Gold Investment Letter: https://www.goldinvestmentletter.com/ iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Wasabi Wallet: https://wasabiwallet.io/ Casa (use discount code BREEDLOVE): https://keys.casa/ Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ // OUTLINE // 00:00 - Coming up 00:32 - Intro 02:05 - Helping Lightning Startups with In Wolf's Clothing 02:52 - Introducing John Mauldin 04:57 - The John Mauldin Newsletter 05:50 - Inflation: A Challenge for The Fed 09:00 - Waiting for a Recession 10:03 - The Real Reason for Inflation 11:56 - Debt is a Drag on GDP Growth 13:45 - The Need for a Crisis 17:01 - Maximize Your Profits with Gold Investment Letter 17:57 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 18:54 - John's Answer to "What is Money?" 20:54 - Stealing Purchasing Power 22:41 - Consequences of Central Planning 24:22 - Purpose of Central Banking 26:57 - Effectiveness of Central Banking 29:02 - Legal Counterfeiting of Money 32:12 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 33:03 - Hold Bitcoin in the Most Secure Custody Model with Casa 33:52 - A World Without Central Banks 35:48 - Gold is Central Bank Insurance 37:28 - John's View on Bitcoin 39:31 - Expanding Economy and the Prospect of Bitcoin 41:12 - Bitcoin Needs More Time 42:40 - Moving to Puerto Rico 44:11 - Where to Find John on the Internet// PODCAST // Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/// SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22Instagram: https://www.instagram.com/breedlove_22 TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22