What $100 Oil Means for Bitcoin and the Rest of the World

Oil prices are surging. The Strait of Hormuz is effectively closed. The US is at war with Iran. And the Federal Reserve is trapped between a weakening job market and an inflation problem that's about to get worse.

In this episode, I break down what's actually happening, why this oil shock is fundamentally different from 2022, and what history tells us about what comes next for your money. We look at the 1970s stagflation playbook, why gold is already at all-time highs, why Bitcoin hasn't responded yet (and why that's normal), and the political forces that make monetary intervention almost inevitable.

If you hold Bitcoin or you've been thinking about it, this might be the most important macro setup happening right now.