It’s easy to oversimplify the conflict in Ukraine and America’s response to it: Russians are bad. Sanctions are good.
But would your perspective be different if you had traveled extensively in that part of the world? Or if you knew exactly how those sanctions might impact your ability to access the commodities you need?
My globetrotting friend Joel Bowman is a libertarian writer, thinker and cryptocurrency enthusiast. He is also a repeat offender here on The Wiggin Sessions.
Joel is a regular contributor to Bonner Private Research, recently penning two thought-provoking editorials on the conflict in Ukraine, inflation and weaponized money, ‘Death in the Afternoon’ and ‘Stairway to Hell.’
On this episode of The Wiggin Sessions, Joel joins me to describe his experience traveling in Moldova and Ukraine in 2018, sharing his informed take on the media’s mass propaganda around the Russian invasion.
Joel discusses the real reason for the inflation of commodities in the US, explaining why we can’t blame it all on Putin and how sanctions on Russia will impact the American economy moving forward.
Listen in to understand how Argentines have adapted to an inflation rate of 50% and hear Joel’s concern that central bankers might leverage negative sentiment toward Putin to ban crypto.
Key Takeaways
Joel’s travels through the separatist region of Transnistria on the western border of Ukraine
Joel’s take on the mass propaganda around the Russian invasion of Ukraine and the media’s oversimplified, black-and-white view of the conflict
How being de-platformed has become a tool of 21st century warfare
How sanctions imposed by Western corporations affect people in Belarus and Russia who have nothing to do with Putin or Lukashenko
The real reason for the inflation of commodities (and why we can’t blame it all on Putin)
How government sanctions on Russia will impact the US economy
How the people of Argentina have adapted to an inflation rate of 50% and the rising black market for alternatives to pesos in Argentina
What makes a global currency war a real possibility and why investors are looking at Bitcoin as a safe alternative to fiat money
Joel’s fear that central bankers might leverage the negative sentiment toward Putin to ban crypto
Why it’s usually a good bet to invest in things that China bans
Why Joel foresees short-term pain for crypto but is bullish on blockchain in the long term
How the energy required for Bitcoin produces a fraction of the carbon footprint of Pornhub
Connect with Joel Bowman
Joel on Twitter
Joel at Bonner Private Research
‘Death in the Afternoon’
‘Stairway to Hell’
Morris, Alive by Joel Bowman
Connect with Addison Wiggin
Consilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources
5-Minute Forecast
Joel Bowman on The Wiggin Sessions EP035
Dan Denning, Anya Leonard & Joel Bowman on The Wiggin Sessions EP013
Classical Wisdom
Demetri Kofinas
‘Here Comes $7 Gas’
Brian Maher in The Daily Reckoning
Byron King
‘How to Ruin Your Economy, Like Argentina’
Adam Sharp
Jim Rickards
HIVE Blockchain Technologies
Mark Moss on The Wiggin Sessions EP030
