About this episode
Mel Mattison is an investor, author, and a former fintech executive. In this conversation we talk about the role of the Federal Reserve, why they historically have not been independent, who is to blame for current debasement, why gold and bitcoin are so important, and what Mel would do if he was Fed chair. =================== Markets are at all-time highs. Public equities are outperforming. And individual investors are driving it all. It’s officially the rise of the retail investor. On September 12th in NYC, I’m hosting the Independent Investor Summit — a one-day event built exclusively for self-directed investors. We’re bringing together some of the smartest public market investors I know for a full day of macro insights, market predictions, one-on-one fireside chats, and actionable investment ideas from each investor. This is going to be an absolute banger event. Join us if you like markets and think retail is two steps ahead of Wall Street.👉 TICKETS: https://www.independentinvestor.co/ (use promo code POMPYT25) =================== Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: http://pompdesk.com/🔊 =================== Listen to The Pomp Podcast on the audio platform of your choice: http://pomppodcast.com 📧 =================== Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. =================== Xapo Bank, the world’s first fully licensed Bitcoin-enabled bank, offers military-grade security with an unmatched blend of physical and digital security, as well as pioneering regulatory oversight, so your funds are always protected. Beyond secure storage, they enable you to grow and use your Bitcoin. Earn daily interest in Bitcoin, spend with zero FX fees using a global card, and make instant payments via the Lightning Network for unrivalled access and convenience. Visit https://www.xapobank.com/pomp to join. =================== BitcoinIRA: Buy, sell, and swap 75+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $500 in rewards. =================== 0:54 - Intro 2:18 - The role of the Federal Reserve and are they independent? 8:31 - Who is to blame for currency debasement? 11:21 - Historical rundown of central banks and financial system 16:38 - What changes would Mel make if he was Fed chair? 31:09 - What will happen with gold and bitcoin? 44:39 - What’s the argument to own stocks and real estate? 49:24 - MMT and AI impact on lower interest rates 55:51 - Is Mel buying anything other than gold or bitcoin?