“Energy is the base layer of money” - that’s how our guest Luke Gromen puts it in today’s episode.
Luke is an Author and Investor who gives us a completely new way to look at money, through the lens of energy costs.
The essential learning of today’s show is that you can’t understand money until you understand energy markets. Apart from that Luke explains why the price of oil is about to force a monetary system change, why the 60/40 portfolio is dead and much more.
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🎬 DEBRIEF | Ryan & David unpacking the episode:
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TIMESTAMPS
0:00 Intro
5:57 Luke’s Thesis
12:23 Energy lens
23:23 Arc of the Dollar
28:31 Why Oil?
31:31 Energy as a Denominator
38:12 Energy Price Changes
45:31 Energy Miracles
59:22 Monetary System Change
1:10:41 Capital Controls
1:18:12 Future of the US
1:24:56 How to Prepare
1:30:37 Closing & Disclaimers
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RESOURCES
Luke Gromen
https://x.com/LukeGromen
FTT, LLC
https://fftt-llc.com/
Luke Gromen Weekly Newsletter
https://fftt-treerings.com/
Visualizing the History of Energy Transitions
https://www.visualcapitalist.com/visualizing-the-history-of-energy-transitions/
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