The Failure of Government Economic Policy with Dan Tubb
SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-failure-of-government-economic-policy
Dan Tubb is a podcaster and former venture capitalist. In this interview, we discuss the problems with fixing the sovereign debt problem in the context of broken media, broken politics and broken international institutions. We talk about the general ignorance of the problems facing society, and how this compounds the difficulty of resolving the situation.
THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Gemini - https://www.gemini.com/
Wasabi - https://www.wasabiwallet.io/
Ledn - https://www.ledn.io/
Ledger - https://www.ledger.com/
Fortris - https://fortris.com/
SUPPORT THE SHOW:
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com
→ https://www.whatbitcoindid.com/sponsorship/
TIMESTAMPS:
00:00:00 Update since last show
00:06:59 Previous show tl;dr - no solutions to debt
00:21:01 Growth out of debt through AI?
00:32:12 Impact of the boomer generation
00:46:16 Political coercion
01:00:38 Supranational policy; political cycles
01:18:11 Ukraine War; decline of the petrodollar
01:32:02 How do we fix democracy?
01:45:21 Importance of localism; civil service malaise
WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr
LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/
WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/
LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/
#Bitcoin #Finance #Economics
****
“For every £1 the government collects in taxes, it spends £1.30. And the debt element of that is going up all the time, and you’re not getting anything for that. And effectively we’re in a spiral, a debt spiral.”
— Dan Tubb
Dan Tubb is a podcaster and former venture capitalist. In this interview, we discuss the problems with fixing the sovereign debt problem in the context of broken media, broken politics and broken international institutions. We talk about the general ignorance of the problems facing society, and how this compounds the difficulty of resolving the situation.
- - - -
The last show with Dan Tubb was extremely popular. Dan set out in clear terms why the current economic system is at a crossroads: continuation of the accumulation of debt without rebalancing fiscal commitments is unsustainable; equally, there are no easy solutions. But when debt payments become one of the main government expenditures it’s well past the time to act.
In this follow-up show we discuss the causes, ramifications and potential mitigations with Dan. How did the boomer generation unintentionally fuel the current economic problems, and why are they reluctant to change tack? Why is government becoming increasingly dogmatic and coercive in their policy application? Can AI provide a source of growth for the economy that averts the debt spiral? Should we expect the government to resolve all these issues?
These aren’t theoretical concerns; there is evidence abounds that society's relationship with the state is shifting: Macron’s difficulties in reigning in state spending in France; the growth in power of the Dutch farmers; Brexit. For too long those in government have taken the electorate for granted, whilst feathering their own nests. However, the issue is whether this break between the people and power will only exacerbate problems.
The solution surely has to be in more direct engagement between decision-makers and citizens. States rights in the US have long served as a beacon of governance for other parts of the world: bottom up democracy that provides for competition and innovation. It’s not that we need less government, it's that we need more representative and localised government. Further, if we want a functioning democracy, we need to entice the best back into government.
-
1:23:14
What Bitcoin Did
15 days agoThe AI Threat to Freedom with Natalie Smolenski
1901 -
58:07
The Why Files
23 hours agoProject 8200 Exposed | CIA Psychics Find Alien Bases Underground
14.1K39 -
24:04
Stephen Gardner
1 hour ago🔴BREAKING: CNN Jake Tapper gets HORRIBLE NEWS | Trump SECRET PLAN outted!
6.68K17 -
1:35:18
Kim Iversen
3 hours agoAssange Is On US Soil, Is He Finally A Free Man? Kenyans Violently Protest After Being Declared “Major Non-NATO Ally”
11.4K39 -
1:16:27
Glenn Greenwald
5 hours agoMyths and Lies About Julian Assange Endure After Plea Deal Reached Securing His Freedom | SYSTEM UPDATE #289
47K123 -
2:26:55
Laura Loomer
3 hours agoEP54: Islamic Jihadists Threaten to Shut Down First Presidential Debate!
12.1K23 -
58:16
Edge of Wonder
8 hours agoHow a Philadelphia Experiment Whistleblower Mysteriously Vanished Forever
26.4K2 -
2:10
One Bite Pizza Reviews
1 day agoBarstool Pizza Review - The Slice Spot (West Chicago, IL)
38.9K32 -
2:03:40
Revenge of the Cis
8 hours agoEpisode 1343: Fatty Positivity
55.4K30 -
15:51
VIVA TV
10 hours agoJake Paul Is About To Get Bare Knuckled | Barstool Boxing | Large
60.7K15