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Michael Nicolletos

πŸ‘€ Speaker
474 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So I pay you $100, you pay someone else $100, they pay someone else $100.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So the faster this thing starts moving, this creates GDP growth.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So imagine now with a constant money supply, I'm not saying that this changes, and if people who want to learn about velocity of money, if they go on the internet, they're going to see many papers that velocity of money had been going down for many, many years.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

Now velocity is going to start going through the roof.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

And now imagine velocity going up with the same amount.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

If velocity of money doubles with the same money supply, GDP growth is going to skyrocket.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So this is ahead of us.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So in terms of GDP and debt, if GDP growth is 6%, 7%, do you really care about the debt?

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

I'm asking an open-ended question.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

I don't expect that.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So here you have a mechanism.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

There are two things here.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

First of all, in terms of cybersecurity.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So the EIRH is important primarily for cybersecurity.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

And I mean cybersecurity, you want always to have the latest model in order to be ahead in terms of someone hacking you.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So if you're a US and China, you want to have the top model.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

And I mean the top model so you can be ahead

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

of any cyber security threat.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

This is not only a devil of code.

The Loonie Hour
A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

So these things are very important.