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WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com I've stated many times on this program that perhaps the easiest macro trend to forecast is that our fiat currencies will continue to lose purchasing power. Today's guest explains why, and what we can do to protect our wealth from this scourge in his new book: The Big Print, What Happened To America and How Sound Money Will Fix It We're fortunate to be joined by investor, sound money advocate and - now - author, Lawrence Lepard. #soundmoney #fourthturning #inflation 0:00 - Guest Introduction and Book Overview 1:53 - Why Fiat Money Loses Value 5:09 - Catalysts for Accelerating Debasement 7:15 - Gold’s Rise: Speculation or Fundamentals? 10:57 - Sins of the Fed and Fiscal Policy 17:46 - Stein’s Law and Systemic Unsustainability 21:50 - Sovereign Debt Crisis Signs 28:39 - Transition to Solutions: Sound Money Defined 34:11 - Embrace Deflation 38:20 - Needed Policy Reforms 41:56 - Trump Admin Policies Critique 46:04 - Wealth Protection Advice 48:23 - Bitcoin Case and Ownership Options 1:01:20 - New Harbor start 1:06:51 - Financial Literacy Gap 1:09:26 - Balancing Short- and Long-Term 1:17:54 - Liberation Day Uncertainty 1:22:44 - Parting Advice _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2025 Thoughtful Money LLC. All rights reserved.