You Can’t Taper a Ponzi: Max Keiser, Stacy Herbert & Lawrence Lepard on Debt and Bitcoin’s Rise

In this Special Episode during the Bitcoin Golf Championship 2025, Max Keiser and Stacy Herbert sit with Lawrence Lepard and dive headfirst into the unraveling of the global fiat system.

They explore the looming sovereign debt crisis, the collapse of the Japanese bond market, and how the decades-long Ponzi built on zero-interest rates and global carry trades is reaching its inevitable end.
From “you can’t taper a Ponzi” to the rise of Bitcoin as sound money, this session is both a warning and a rally cry. If you want to understand why the next phase of financial history belongs to Bitcoin, this is the conversation to hear.

Episode Highlights:
- The collapse of the Japanese yen and bond market
- How inflation flipped the 40-year deflation narrative
- Why central banks are trapped in endless money printing
- The role of Bitcoin as a mathematical escape hatch
- Yield Curve Control (YCC) and its failure in Japan
- Global collusion in money debasement by central banks
- The Gold vs. Bitcoin debate in preserving wealth
- Cultural transformation through the Bitcoin community
- Upcoming Bitcoin-centered events and fitness meetups

Chapters
00:00 Intro: The Bitcoin Conference Vibes in Las Vegas
02:30 “The Big Print is Coming” – What Happens When Fiat Collapses
05:15 Fiat is a Global Ponzi Scheme
09:00 The Fall of the Japanese Yen and Global Spillover
13:45 Why Bitcoin Crushes Bonds and Gold
18:10 Gold vs. Bitcoin: Can Both Survive?
22:30 Bitcoin as Cultural & Moral Reset
27:15 Bitcoin Fit Games and the Body-Mind-Money Connection
32:00 Upcoming Bitcoin Events & Sovereign Community Building
36:45 Closing Thoughts: Fiat is Failing—Opt Out Now
26:47 Better Money Invitational 2025
27:47 Bitcoin Fit Games 2025
29:41 Max & Stacy Invitational 2025

Connect with us:
Website: https://www.bitcoinsports.network/
Twitter/X: https://x.com/BSN_Events
Lawrence: https://x.com/LawrenceLepard
Max: https://x.com/maxkeiser
Stacy: https://x.com/stacyherbert

Exciting Events on the Horizon:
Better Money Invitationals 2025: https://www.jhgtc.com/

Bitcoin Fit Games 2025: https://x.com/BitcoinFitGames
Mayakita: https://mayakita.com/
X: https://x.com/BTCisla

Max & Stacy Invitational 2025: https://maxandstacyinvitational.com/
Max and Stacy Invitational 2026: https://x.com/MaxAndStacyGolf