Hello Reader, Bitcoin, Sanctions, and the Case for Neutral Money One of the more common attacks on Bitcoin is that it must be bad because bad actors use it. Lately, that argument has resurfaced around nation-states like Iran and Russia finding ways to operate outside the U.S. dollar system. For a busy dentist, it would be easy to hear that and think, “That is all I need to know. Bitcoin is not for me, and certainly not for my practice.” That would be the wrong conclusion. In the early 1990s,...
27 days ago • 1 min read
Hello Reader, James Lavish’s latest article gives important perspective on the financial waters all of us are swimming in, whether we realize it or not. Most people assume rising prices are just a fact of life, but over long periods of time, technology should make many things cheaper, not more expensive. The problem is that when value is measured in dollars, exponential debasement hides that reality and pushes people into taking greater risk just to preserve purchasing power. Lavish explains...
about 1 month ago • 12 min read
Hello Reader, Many of you have already heard me talk about the financial “baptism by fire” Jean and I went through in 2008, when the monetary system suddenly stopped feeling abstract and became very personal. That experience is a big part of why articles like this one from Jordi Visser still grab my attention today. In this week’s Article of the Week, Jordi lays out a compelling framework for understanding the economic pressures building beneath the surface—debt, oil, slowing growth, and...
about 2 months ago • 8 min read
Hello Reader, There is, in my opinion, a nauseating amount of attention paid to Bitcoin’s price. And honestly, it’s hard to get away from it. Whether it’s pundits explaining the latest dump, perma-bulls calling for million-dollar Bitcoin, theories about Jane Street manipulation, chatter about ETFs and treasury companies “pumping our bags,” or endless arguments about the four-year cycle, the noise is constant. And it is noise. Inside and outside the Bitcoin world, many have lost sight of...
about 2 months ago • 1 min read
Hello Reader, Many of you read Sunday’s Article of the Week on the growing risks inside the private credit market. If that piece gave you a sense that something beneath the surface isn’t quite right… this week’s Video of the Week will take that feeling and sharpen it into clarity. In this conversation, Tom Bilyeu walks through the structural parallels between today’s private credit system and the mechanics that led to the 2008 financial crisis; connecting dots in a way that’s both sobering...
2 months ago • 2 min read
Hello Reader, Many of you have already heard about the “baptism by fire” Jean and I experienced in 2008 after borrowing a cool $1 million to build out our brand-new dental suite. I won’t bore you again with the details other than to say this week’s Article of the Week has my hair standing on end and a serious sense of déjà vu. Thinking through the parallels between today and what was unfolding in 2007 is enough to elevate my heart rate a bit. The good news is that this article also outlines...
2 months ago • 16 min read
Hello Reader, Most dentists spend their careers wearing a dozen hats: clinician, CEO, CFO, HR director, marketer. But the one hat we were never trained for may be the most important of all: investor. Despite all that complexity, most of us share the same goal: run an excellence focused, patient centered, profitable practice and preserve the purchasing power of the profits we earn . This week’s Informationist newsletter from James Lavish does an excellent job explaining how financial markets...
2 months ago • 18 min read
Hello Reader, Most people focus on the size of the U.S. debt. But as James Lavish explains in this week’s Informationist, the more important number isn’t the debt itself; it’s the speed at which it’s growing. He calls it the “Dubious 6% Club,” and it refers to something historically reserved for wars and financial crises: deficits above 6% of GDP. The difference today? There is no declared crisis. Below is his clear, data-driven breakdown of what that means, why the math matters, and how it...
2 months ago • 12 min read
Hello Reader, Most people focus on the size of the U.S. debt. But as James Lavish explains in this week’s Informationist, the more important number isn’t the debt itself; it’s the speed at which it’s growing. He calls it the “Dubious 6% Club,” and it refers to something historically reserved for wars and financial crises: deficits above 6% of GDP. The difference today? There is no declared crisis. Below is his clear, data-driven breakdown of what that means, why the math matters, and how it...
3 months ago • 12 min read
