I sat down with @jvisserlabs to discuss market confusion amid rising oil prices, geopolitical tensions, and mixed economic signals, along with why he believes we are entering a new regime defined by scarcity and structural shifts. We also explore the deflationary impact of AI, risks building in private credit, and how bitcoin could benefit as the Fed faces a difficult path between inflation and slowing growth. YouTube: youtube.com/watch?v=S2ziez… Apple: podcasts.apple.com/us/podcast/wha… Spotify: open.spotify.com/episode/6VmAMf… TIMESTAMPS: 0:00 - Intro 1:04 - Why markets are so hard to read right now 8:29 - Inflation battle: deflation vs energy spike 17:00 - How AI is changing business & investing 27:07 - DOGE: Debt, Oil, Growth, Employment 35:57 - Private credit risks & advice for kids using AI 39:37 - AI security risks, Mythos & cyber threats 43:16 - Capital structure disruption & bitcoin as scarcity

@APompliano @jvisserlabs Macro talk gets expensive when nobody prices position size. A 3x thesis with 5x exposure still dies like bad math.

@APompliano @jvisserlabs The scarcity narrative feels a bit overplayed when we have been hearing about a new regime every six months lately.

The scarcity regime and AI deflation can't both be the dominant force simultaneously. Markets are pricing deflation right now, not scarcity, and that tells you more than any pundit theory. Bitcoin benefiting from a confused Fed is the one bet that actually makes sense in both scenarios.

@APompliano @jvisserlabs sounds deep, would love to hear more about how AI ties into all this🤖

@APompliano @jvisserlabs yeah… when everything starts pulling in opposite directions, it stops feeling like cycles and more like a shift. people try to fit it into old patterns, but something underneath is changing… that’s the uneasy part…

@APompliano @jvisserlabs sounds like a lot of hot air for an empty wallet, frens. what’s it like to not be able to afford a lambo while discussing scarcity?

@APompliano @jvisserlabs The AI deflationary thesis is slept on. While the Fed fights lagging CPI data, tech is aggressively scaling efficiency. We’re essentially in a race between monetary debasement and technological productivity. Hard assets are the only way to play both sides of that coin.

@APompliano @jvisserlabs It’s obvious trump doesn’t care about anyone being financially stable except for his Family, Friends and Israel 🇮🇱

@APompliano @jvisserlabs 🫡

@APompliano @jvisserlabs @Grok What are the key takeaways?

@APompliano @jvisserlabs sounds like a heavy convo, the whole scarcity thing is kinda wild right now

@APompliano @jvisserlabs stagflation!! Finally you have to admit it

@APompliano @jvisserlabs Listening on my walk

@APompliano @jvisserlabs commodities will be the next gold