The Breakdown
Why Monetary Debasement Is Here to Stay, Feat. Dr. Vikram Mansharamani
Jun 19, 2020 · 1 hr 9 min
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Today on the Brief:

  • FTX lists two Compound tokens
  • Reddit partners with Ethereum Foundation on Layer 2 scaling
  • Black-In Freedom Festival reimagines Juneteenth

Our main topic: 

Dr. Vikram Mansharamani is a lecturer at Harvard and author of “Boombustology: Spotting Financial Bubbles Before They Burst” as well as the just released “Think for Yourself: Restoring Common Sense in an Age of Experts and Artificial Intelligence.” 

In this wide-ranging conversation, he and NLW discuss:

  • Why our relationship with experts and expertise is leading us astray
  • How COVID-19 shows the downside of both over-reliance on, and complete rejection of, experts 
  • How the economic crisis surrounding COVID-19 is bursting bubbles and moving us from a period defined by deflation to one defined by inflation
  • Why “monetary debasement is here to stay”
  • Why the U.S.-China relationship is the key backdrop for understanding the next 10 years of global economic reality 
  • Why inequality threatens the fabric of our economy and our society, and what might be done about it

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