Sam Bankman-Fried & Effective Altruism

Special guest Patrick Riley of Reaper Financial joined me to talk about how Reaper addresses inflation in digital assets, the future of money, building on the XRPL and other super cool, futuristic topics. Connect with Patrick & Reaper Financial: Reaper.Financial Ark.Institute Twitter handles: @RealReaperCEO @TheReaperCoin @ARKofTheReaper *** Want a more in depth understanding of what’s happening in the world? Join my community on locals twostepsahead.locals.com

Attorney & Investor Jimmy Vallee joined me on the show to dig into the future of money & asset backed currencies. We also went over: - the latest news around his XRP Buyback Proposal, - If digital assets are securities - If the US has an independent central bank anymore Many people in the XRP community have strong opinions about the XRP Buyback topic, and most misunderstand the true intentions of the project. If you hold any XRP, you don't want to miss this. A few related posts & videos: The XRP Buyback Proposal Tweet Thread: https://twitter.com/mollyelmore22/status/1557774076260847619?s=20&t=d7NSOtvsb8KHFOU62PZxIQ XRP Buyback intro video: https://youtu.be/IrtHYFYoHC0 Triffin Dilemma: https://youtu.be/Z5DtI-SLKNU Asset backed currencies: https://twitter.com/mollyelmore22/status/1591070050328268800?s=20&t=syNA1EvK0NrV-OgG-LVGAg Follow Jimmy on Twitter: https://twitter.com/ValhilCapital

Former military intelligence insider Fred Smith joined me to dissect how propaganda is used to shape perceptions, and how to break down what is truth (and what is "editorializing")We also covered SpaceForce, galactic currencies and how to rise above the noise.

While it sounds like a great idea to introduce sound money into an economy, the reality is adoption is difficult. When you have two options available, people will use the "bad" money option for transactions, and save the "good" money for a rainy day. This is known as Gresham's Law, and is important to understand as we transition to new forms of currency around the world. Interested in more about this topic? 👉 https://twitter.com/mollyelmore22/status/1597591261871239169?s=20&t=LD_vUSv_P1OjOI9mCMtjLQ Want a more in depth understanding of what’s happening in the world? Join our group on locals: twostepsahead.locals.com

Elon Musk announced plans to create an everything app using Twitter as the foundation. The new app would include payments. Will be use $XLM on the platform? The connections between Musk & Stellar founder Jed McCaleb run deep.

Why was SBF into Effective Altruism? Was he really a generous philanthropist or is there more to the story?Join my community on localstwostepsahead.locals.com

The Fed has only one product - the US Dollar - and will use its resources to protect it. Was FTX a threat to the dollar? Did the leveraged loans, and even money laundering, create problems for The Fed?

Phil Gibson joins Molly for a spirited debate about the Fed, the Eurodollar market, The Great Reset and how all the pieces of the puzzle fit together.How to find Phil's content on geopolitics and monetary policies:Blog: https://qpol.substack.com/Twitter: https://twitter.com/MrPseu

As countries around the world move away from the US dollar for trade, the BRICS nations announced plans to issue a new reserve currency, and referred to it as a basket currency. What does that mean? How does a basket currency work?Join my community on locals:twostepsahead.locals.com

As the US debt grows (now over $31 Trillion) the question comes up, will it ever be repaid? Not likely.Separately, the chatter around a retail CBDC in the US has increased, as indicated by Project Hamilton and recent press by the Treasury. Why would Americans accept a retail CBDC?If it were part of a currency revaluation, it might be a very attractive offer. Join me on my locals community:twostepsahead.locals.com