#218 James Lavish: The Debt Is Unsustainable, All Roads Lead to Inflation, And Why I'm Bullish On Bitcoin
James Lavish, reformed hedge-fund manager and co-managing partner of the Bitcoin Opportunity Fund and author of The Informationist newsletter, joined Episode 218 of the Julia La Roche Show as Bitcoin crossed the historic $100,000 milestone. Lavish provides a comprehensive analysis of the current macro environment, explores why "all roads lead to inflation," breaks down MicroStrategy's Bitcoin strategy, and shares his outlook on institutional adoption of cryptocurrencies. He also discusses the widening wealth gap in America and examines the challenges facing the Department of Government Efficiency's ambitious spending cut goals. Links: Twitter/X: https://x.com/jameslavish The Informationist: https://jameslavish.substack.com/ The Bitcoin Opportunity Fund: https://www.bitcoinopportunity.fund/ Timestamps: 00:00 Introduction and welcome James Lavish 00:45 Post-election market overview 02:34 Fed policy and bond market reaction 04:56 Labor market and unemployment analysis 06:40 Discussion of economic soft spots 09:27 Wealth inequality and Cantillon effect 12:16 Federal Reserve's policy options 15:05 Understanding unemployment metrics 18:41 Debt and deficit discussion 24:19 Department of Government Efficiency analysis 29:34 Bitcoin breaking $100K milestone 33:24 Bitcoin ETF impact and institutional adoption 38:36 Bitcoin catalysts and outlook 44:18 MicroStrategy's Bitcoin strategy explained 51:13 Corporate Bitcoin adoption outlook 55:18 Closing thoughts and investment approach