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Hidden Forces

@HiddenForcesPod

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Get the edge with Hidden Forces, where podcast host @Kofinas teaches you how to think critically about the systems of power that structure our world.

New York, USA
Joined January 2017
Don't wanna be here? Send us removal request.
@HiddenForcesPod
Hidden Forces
2 years
We're going to see massive inflationary pressures in the food space because Europe screwed up its natural gas policy. Natural gas is a direct and critical input into fertilizer, which is going to lead to increased grain prices. @DoombergT
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@HiddenForcesPod
Hidden Forces
2 years
What are the implications of Pelosi's visit to Taiwan? Find out what is really going on from experts @DAlperovitch & @ElbridgeColby hosted by @kofinas TONIGHT on Twitter Spaces at 7:30 PM EST
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@HiddenForcesPod
Hidden Forces
2 years
The purpose of the WIV database was to catalog viruses found in nature and use them to predict the next pandemic. Now that a pandemic has actually happened, why aren't these same scientists willing to share that database with the world? @Ayjchan
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@HiddenForcesPod
Hidden Forces
5 years
It’s a misperception that $TSLA shorts are “in it for the money.” There are easier ways to make money. $TSLAQ shorts believe that lying to investors, faking product demos, and intimidating critics is not OK, even if it has helped move the market for EV’s forward in the process.
@sama
Sam Altman
5 years
It's gross seeing so many root against Tesla. Be the person on the side of the climate and innovation, not the person hoping to make money on puts. Also, betting against Elon is historically a mistake...and the best product usually wins.
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@HiddenForcesPod
Hidden Forces
5 years
This week, @CoveringDelta speaks w/ @TeslaCharts about an emergent network of outraged professionals who have come together to bring down the "biggest single bubble in this whole bubble market” and pull off the crowdsourced short sale of the century. $TSLAQ
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@HiddenForcesPod
Hidden Forces
2 years
When the US raises interest rates, it affects the whole world. The US domestic economy needs tight money & the rest of the world needs dollar funding. I don't think this gets resolved w/o pain & when pain happens, the dollar goes higher. @SantiagoAuFund
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Hidden Forces
2 years
We are extraordinarily pro nuclear energy. Nuclear energy is safe. The nuclear waste problem is solved. People who tell you differently are either ignorant or not being authentic. @DoombergT
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@HiddenForcesPod
Hidden Forces
2 years
With long-anticipated inflation on the rise, the Federal Reserve is faced with an impossible dilemma: stem the inflation and risk a collapse in asset values or keep the party going and risk inflation running out of control. @GrantsPub joins @kofinas tomorrow to discuss his take.
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@HiddenForcesPod
Hidden Forces
2 years
Why does it seem like we see the world so differently these days? And why can't we seem to agree on almost anything? We discuss the forces that have lead us to this moment and the strain of paranoia spreading like a virus through the body politic in this week's episode.
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@HiddenForcesPod
Hidden Forces
2 years
At some point, markets will shift from a relative value mindset to one of absolute value. It is very difficult to predict when this regime shift will happen. If you understand it quickly enough, you have time to get back on-side. @elerianm
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@HiddenForcesPod
Hidden Forces
5 years
“I’m very concerned that our society is much more interested in information than wonder. In noise, rather than silence. What can we do, to encourage people to have more quiet in their lives, more silence? Real revelation comes through silence.” - Fred Rogers ❤️❤️❤️
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@HiddenForcesPod
Hidden Forces
6 years
On this week's episode, @CoveringDelta speaks with @Billbrowder , once the largest foreign investor in Russia, about the murder of his lawyer Sergei Magnitsky at the hands of the Russian government and what it's like to be a public enemy of Vladimir Putin.
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@HiddenForcesPod
Hidden Forces
2 years
This week, @kofinas speaks w/ Jim Grant, editor of @GrantsPub about the history of inflation, what we know about its causes, and what its persistence could mean for interest rates, asset values, and the valuation of your portfolio.
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@HiddenForcesPod
Hidden Forces
6 years
Listen to @FryRsquared recount the incredible story of @Kasparov63 ’s historic loss to IBM’ Deep Blue and what it says about our relationship to technology. The full episode is available at
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@HiddenForcesPod
Hidden Forces
2 years
"I've always believed that Putin is a gambler...He's gambled everything on this conflict with Ukraine and in particular, he has gambled Russia." @DAlperovitch
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@HiddenForcesPod
Hidden Forces
3 years
The real-time history of the COVID-19 pandemic is still being written. But our conversation this week w/ @ScottGottliebMD provides key details into what went right, what went wrong, and how to ensure that we are better prepared the next time this happens.
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@HiddenForcesPod
Hidden Forces
2 years
This week @kofinas speaks w/ @DoombergT to discuss a wide range of topics including the unfolding energy crisis, the impending food crisis, lockdowns in Shanghai, investment opportunities in uranium, and the future of the global monetary system.
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@HiddenForcesPod
Hidden Forces
2 years
To understand how history might unfold, you must understand the importance of energy. This week, @kofinas is joined by @HelenHet20 to discuss the political economy and history of energy, the politics of national identity, and the causes of inflation.
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@HiddenForcesPod
Hidden Forces
2 years
One of the ways that the social media mobs work to cancel ideas is to attack the person. And if you're anonymous, the only thing that's left for people to attack are the ideas. And we're happy to defend the ideas we've written about. @DoombergT
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Hidden Forces
2 years
The path function in the energy transition really matters. If we get it wrong, people could starve; they could freeze. Energy is life. When you change the energy inputs into society and humanity, there's going to be unexpected outcomes. @DoombergT
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Hidden Forces
2 years
Energy is life. Therefore, energy policy ultimately reduces down to who lives, at what quality of life do they live, and who dies. The choices we make in energy, in a very raw and real way, ultimately reduce down to those consequences. @DoombergT
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Hidden Forces
2 years
"The one group of people that we know visited caves and mine shafts in southern China, who sampled bats, and who went straight back to Wuhan, were scientists...that’s what they’ve been doing for the last 10-15 years." @mattwridley
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Hidden Forces
5 years
Today's international monetary system is the result of four hundred years of consolidation in banking networks, clearing houses, and exchanges. The destruction brought about by WWII laid the foundation for a new, gold-backed system of fixed exchange rates that arguably...
@RaoulGMI
Raoul Pal
5 years
Something I have been talking about. It won’t be Libra, but it will be similar (and yes, it’s good for bitcoin and gold). I talked at length on the @HiddenForcesPod podcast about my views on this,
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@HiddenForcesPod
Hidden Forces
6 years
Excited to share this week's episode with @VitalikButerin and @VladZamfir on the @ethereum roadmap and solutions to the scalability problem, including Casper, Plasma, and #sharding . #ethereum #cryptonews #cryptocurrency #decentralized #dApps #scalability
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Hidden Forces
2 years
Wuhan is a surprising place for this virus to turn up. How did a bat virus from southern China make it to Wuhan? What was the route by which it went there and nowhere else? Because it didn't pop up in any other cities along the way... @mattwridley
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@HiddenForcesPod
Hidden Forces
2 years
The corruption of our institutions in the West shouldn't be ignored or minimized. Just look at the Federal Reserve's insider trading scandal. Imagine being almost certainly a centimillionaire and imagine that not being enough. @DoombergT
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@HiddenForcesPod
Hidden Forces
6 years
Montana Skeptic breaks his silence for the first time in this exclusive, on-camera interview about @Tesla , the recent SEC fraud charges leveled against @elonmusk , the DOJ criminal probe, and the perils of apotheosis. $TSLAQ $TSLA
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@HiddenForcesPod
Hidden Forces
5 years
In this timely episode, @CoveringDelta speaks w/ @eddiemac3356 about the latest legal and financial woes plaguing $TSLA including recent allegations against its CEO Elon Musk. The two are joined midway through by a surprise guest with a lot to say. $TSLAQ
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@HiddenForcesPod
Hidden Forces
3 years
"This story is crazy, but it’s emblematic of a much larger decay in the most basic principles of capitalism. It’s a system that now prioritizes raising money over turning profits. It rewards storytellers over businesspeople, price over value." — @kofinas
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Hidden Forces
6 years
In a world of abundant information, "learning how to learn" becomes of paramount importance. Venture capitalist @wolfejosh shares his process for dealing with information anxiety on this week's episode of Hidden Forces.
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Hidden Forces
3 years
“I do think we're at a very dangerous point in American life, where if everyone does what is reasonable and rational according to their incentives, we are completely and totally fucked.” @AndrewYang
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Hidden Forces
3 years
Russell Napier joins us on the 24 yr anniversary of the Asian Financial Crisis to discuss its legacy, its causes, its lessons, & the consequences of the forces it unleashed upon the world that we are still grappling with today. cc: @ERICresearch @kofinas
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Hidden Forces
4 years
If you buy a share of Alibaba today, you're buying ownership in a Cayman Island entity that has no claim to the assets in China. If things go poorly, you, the American shareholder of $BABA don't own a thing. People need to understand that. - @Jkylebass
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Hidden Forces
5 years
This week's episode is a hard-core exploration by @CoveringDelta of the technological, political, and economic arguments in favor of bitcoin's inevitable rise as the next global currency standard with prominent bitcoin maximalist @pierre_rochard #bitcoin
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Hidden Forces
3 years
Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
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Hidden Forces
2 years
At a certain point, I got tired of waiting for the collapse. I got tired of waiting for the bubble to revert back to some steady state equilibrium that more properly reflects reality. I question now why I ever had those models in my head. @kofinas
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Hidden Forces
2 years
Are we headed into a recession, more inflation, or both? This week @EPBResearch uses secular and cyclical trends to assess where we are and where we are going with enormous implications for your portfolio.
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@HiddenForcesPod
Hidden Forces
6 years
The more forward-looking and innovative the idea, the less likely people are to believe in it. If an idea is truly disruptive, you don't need to worry about anyone stealing it. @wolfejosh
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Hidden Forces
2 years
In next week's episode, a little green chicken with its own Bloomberg terminal joins @kofinas for a conversation about the power of independent voices in media & how to make it in the ‘gig economy for brains.’ cc: @DoombergT
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Hidden Forces
3 years
Is it ever ok to not “trust the science"? In this week's episode, we look at what happens when you have an illness that the medical establishment says doesn’t exist and the lengths that some people will go to cure it.
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Hidden Forces
3 years
“So many intimate moments that were previously sacred have become monetizable.” - @kofinas Is this another symptom of our narcissistic society or just the natural evolution of consumer capitalism?
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Hidden Forces
3 years
The danger with living more of our lives online is that we dissociate from the world that nurtures us and upon which our very lives depend, sleepwalking our way into tragedy by thinking that “someone else will solve the problem.” @kofinas
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@HiddenForcesPod
Hidden Forces
2 years
“We're looking at four to five million barrels of Russian crude being taken offline at the same time. It is the single largest disruption in energy since we had modern energy starting in 1946.” @peterzeihan
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Hidden Forces
5 years
This week, @CoveringDelta speaks w/ @EpsilonTheory about the power of narrative and how it is used to guide and shape our behavior as investors. Topics include the great financial crisis, identitarian narratives, three-body problems, and crypto ideology.
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Hidden Forces
2 years
The energy transition has become so politicized and politicized by people that have no relevant training in the industries that matter. We inevitably get the worst of all possibilities, reducing energy policy to the lowest common denominator. @DoombergT
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@HiddenForcesPod
Hidden Forces
2 years
The EcoHealth Alliance's "Predict" program has the mission to "hunt viruses" in order to protect lives and advance our scientific knowledge about all of the viruses in existence. This work continues to be very highly funded. @Ayjchan #OriginOfCovid
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Hidden Forces
2 years
You will never do anything in this world without courage. But how does one become courageous? This is the topic of this week’s @hiddenforcespod . Tune in Monday!
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Hidden Forces
2 years
If you find yourself persuaded by the thesis that long-term, structural supply forces will be bullish for commodities over the next 5-10 years but aren’t sure how to get into the trade or transition your portfolio, this episode is for you. 🔥🔥🔥 @TgMacro
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@HiddenForcesPod
Hidden Forces
3 years
In this episode, @kofinas speaks w/ @S_Mikhailovich about his experience living in the Soviet Union, how that experience informs his investment philosophy and why he sees gold as the ultimate OTM put option on the failure of extreme monetary policy.
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@HiddenForcesPod
Hidden Forces
5 years
Would @GerberKawasaki be willing to come on Hidden Forces to debate a $TSLA bear?
@GerberKawasaki
Ross Gerber
5 years
I’m happy to discuss Tesla balance sheet. Financials. Everything. Mono e mono on @CNBC any day of the week Jim. Enough talk. Let’s do this. @jimcramer vs @GerberKawasaki live on #CNBC Don’t be scared Jim. Calling you out. @elonmusk $tsla
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Hidden Forces
6 years
We've just released @ethereumJoseph 's long-awaited mixtape, featuring conversations on layer 1 & 2 scaling solutions, SEC regulations, artificial intelligence, and the hottest upcoming DApps that will run atop @ethereum
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@HiddenForcesPod
Hidden Forces
5 years
In this week's episode of Hidden Forces, @crescatkevin and @TaviCosta speak with @CoveringDelta about their "macro trade of the century" and how @Crescat_Capital is positioning itself and its investors to capitalize on the bear market to come.
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@HiddenForcesPod
Hidden Forces
3 years
"One of the problems that we have today is that these social media platforms—which are effectively the public squares of the age—are adversarial environments. They are not open town halls for discussion, and that's a big problem." - @kofinas
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@HiddenForcesPod
Hidden Forces
6 years
What is most remarkable about this story is that at 10:30pm on September 27th, there are till people that are long this stock. $TSLA $TSLAQ
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@HiddenForcesPod
Hidden Forces
2 years
You've lost over 6% of purchasing power in the last year that you will never get back. That's the feature of this paper money regime that people don't talk about. It's like a ratchet, only it doesn't ratchet backwards. @GrantsPub
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@HiddenForcesPod
Hidden Forces
3 years
In this week’s episode with investor and macro-financial strategist @aitkenadvisors we discuss the impact of ESG mandates on the energy market, monetary & fiscal policy, the post-COVID economy, Chinese DCEP, opportunities for value investing, & much more.
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@HiddenForcesPod
Hidden Forces
6 years
VIDEO: Howard Marks on why most people buy at the peak of a market cycle.
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Hidden Forces
2 years
The price elasticity of demand for energy is the price elasticity of demand for life and who can afford to pay it is the ultimate expression of income inequality. @DoombergT
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Hidden Forces
3 years
Many engineers aren't aware that they're building technologies that essentially brainwash us. Instead they’re thinking, “The large internet company I work for wants to program the content so that users click more. Seems completely reasonable.” @kaifulee
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@HiddenForcesPod
Hidden Forces
2 years
Central Asia is a fascinating, strategically important, but often poorly understood region. @kofinas asked Kazakhstan-based journalist and author of "Dark Shadows" @joannalillis to help explain its importance to us on the podcast this week.
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@HiddenForcesPod
Hidden Forces
6 years
Gordon Johnson has been called the biggest bear on Tesla by Bloomberg and CNBC. Learn why he has the lowest price target on the street for the electric car maker and why he believes Tesla could soon be headed for Chapter 11. $TSLA
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@HiddenForcesPod
Hidden Forces
2 years
It surprises me that there aren't more scientists calling for this virus database to be released. We continue to fund these efforts with no measure in place to make sure that when a pandemic actually happens, this information is made available. @Ayjchan
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@HiddenForcesPod
Hidden Forces
2 years
There comes a time when markets get so high that they run out of buyers, the narratives become self-evidently nonsensical, and no amount of hype can sustain them. So there’s always an end to all of these booms. - Jim Grant
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@HiddenForcesPod
Hidden Forces
3 years
Tesla was founded in 2003 by Martin Eberhard & Marc Tarpenning with Musk joining a year later. We dive into the electric car company's origins, along with all of its successes & failures along the way to becoming the most valuable automaker in the world.
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Hidden Forces
5 years
Hedera CEO @ManceHarmon met with @davidmarcus of Facebook in February 2018, and shared their vision for @hashgraph including the technology roadmap, the importance of a governing council, etc. Clearly, Zuckerberg panicked. Can you blame him? #HelloFuture
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@HiddenForcesPod
Hidden Forces
3 years
Musk’s approach to many manufacturing issues was, and still appears to be, keeping the assembly line moving while line problems are being fixed. That may be one reason why the quality of Teslas is so variable — why buying one can feel like a crapshoot.
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Hidden Forces
2 years
There's always a need to structure reality. I think the difference today is that the structure is created by social media algorithms whose nihilistic logic is impervious to reality. @kofinas
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@HiddenForcesPod
Hidden Forces
3 years
A new episode of Hidden Forces drops tomorrow with fmr. CEO & Chairman of Google Eric Schmidt. We explore the technical dimensions of artificial intelligence, its national security implications, as well as the philosophical challenges it poses for humanity. 🔥🔥🔥
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@HiddenForcesPod
Hidden Forces
3 years
This week marks the 200th episode of Hidden Forces by @kofinas 🎉 Words cannot express the appreciation we feel for your listenership & support over all these years.🙏🏻 Which have been your favorite conversations on the podcast? Any guests you want to hear from in the future?
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Hidden Forces
3 years
Only 28% of Americans are happy with the U.S. Congress. Yet 92% of Congressional members get re-elected. So the game is not to win a general election, the game is to avoid getting primaried. @AndrewYang
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@HiddenForcesPod
Hidden Forces
3 years
Post-scarcity describes a world where everything is free and jobs become optional. I certainly don't think we will get there in 20 years but we can take a couple of solid steps. When that happens, money definitely becomes less important. @kaifulee
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@HiddenForcesPod
Hidden Forces
2 years
This week, @kofinas sits down with one of the anonymous creators of @DoombergT to discuss the power of independent voices in an era of declining trust in media, how to grow a brand, and the need for a human centric energy transition.
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@HiddenForcesPod
Hidden Forces
2 years
Social media is a very recent phenomenon. And I hope it's a phenomenon that's in the process of burning itself out, because I think we'll be better off without it. @EasterbrookG
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Hidden Forces
6 years
Imagine a world where technology is no longer a tool but rather the host organism in which humanity resides. We explore this and other fascinating perspectives on Monday's episode with @timoreilly . Subscribe at
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Hidden Forces
2 years
"To be rich is to be energy-rich, and to be poor is to be energy-poor. So if you have richer people asking poorer people to reduce their energy consumption, that's a pretty politically tricky thing to do." @HelenHet20
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Hidden Forces
5 years
"The point I think that I would make is that all of America is a taker society, because we have not paid for these wars. That $5tn that we’ve spent on Afghanistan, Iraq, Syria, Libya, etc. has been borrowed. Nobody is paying for it." — @joshua_landis
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Hidden Forces
2 years
After the Great Financial Crisis, the Fed, who never confessed to error, gained a great deal more power. There is no other company on earth that is that bulletproof. One that could fail and fail upwards, only to gain more prestige, more power. @GrantsPub
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@HiddenForcesPod
Hidden Forces
2 years
Vance Spencer shares his vision for the future of the #metaverse in this week's episode. He argues that the staying power of the metaverse will ultimately be an on-chain digital economy that employs hopefully everyone. @pythianism
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@HiddenForcesPod
Hidden Forces
5 years
1/ I began Hidden Forces two years ago with the goal of bringing an interdisciplinary perspective to the worlds of science, technology, and investing. I have declined sponsorship opportunities in favor of listener support. Help me keep the show ad-free.
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@HiddenForcesPod
Hidden Forces
5 years
Journalist @robbysoave , who has been at the center of the biggest news story in America, joins @coveringdelta to discuss the BIGGER story of how a group of Catholic school students from Kentucky became cannon fodder for a morality play gone wrong.
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@HiddenForcesPod
Hidden Forces
3 years
What’s the difference between knowledge and opinion? Reality and perception? Next week's episode on "mental immunity" will teach you how to protect your mind from the spread of misinformation, bad ideologies, and the epidemics of nonsense that are sweeping our world.
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Hidden Forces
2 years
The real opportunity in media is in the synthesis. That's where existing institutions are failing us. We need a new approach to synthesizing information that helps us make sense of the world because right now people seem increasingly scattered. @Kofinas
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@HiddenForcesPod
Hidden Forces
2 years
The reason people don't sell their legacy tech longs is because they're addicted to the performance that they have given out. You tell me, has the world changed since you invested in these tech stocks or has it not? @tgmacro 🔥🔥🔥
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@HiddenForcesPod
Hidden Forces
4 years
Back by popular demand, @profplum99 makes an appearance after markets close on Friday to give us his take on the recent coronavirus melt-down and what our reaction to this pandemic says about what's broken in our society and how we might fix it.
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@kofinas
Demetri Kofinas
4 years
I asked @profplum99 to come back on @HiddenForcesPod for a timely conversation about the recent market melt-down, the unprecedented lock-down of Western societies and what this pandemic tells us about the resiliency of liberal democracy.
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Hidden Forces
3 years
“This entire business model of trafficking people's attention and trading clicks for ad dollars is toxic; it shouldn't exist. It's one of those things that's clearly horrible for everyone except for the very few people who can profit from it.” - @kofinas
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@HiddenForcesPod
Hidden Forces
3 years
The best quantum computer to date has over 200 qubits. A 4000 qubit quantum computer would have the capacity to break into ALL #Bitcoin wallets. When might that happen? According to @kaifulee , possibly within the next 20 years.
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@HiddenForcesPod
Hidden Forces
5 years
This is a question we openly pondered ourselves in a recent episode w/ @RaoulGMI on "The Future of Global Money." It is the biggest trade of our generation. Getting it right may be the single most important decision that you will ever make in your lifetime.
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Hidden Forces
2 years
We want there to be someone in charge. We want to believe that what's happening is the unfolding of some master plan. We don't want to think that events are just happening based on distributed decision-making that no one can anticipate. @EasterbrookG
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Hidden Forces
5 years
Will @andrewcuomo use this story in @VanityFair about the disaster that is the Buffalo plant to take responsibility for New York State’s $750 million blunder?
@kofinas
Demetri Kofinas
5 years
The INSANE story of how ⁦ @elonmusk ⁩ gambled Tesla’s future, his reputation, and the trust of his investors (not to mention putting himself in legal jeopardy) in order to bailout SolarCity by ⁦ @bethanymac12 ⁩ cc: $TSLAQ $SCTY
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Hidden Forces
3 years
It's almost like race, gender, & other minority markers are used as loopholes by politicians to divert the public's attention away from the deeper, more universal, and arguably more consequential forces. Specifically, those of money & power. @kofinas
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Hidden Forces
3 years
The US invented cellular technology and along with European equipment makers, dominated the telecom equipment space until the early 2000s. But Huawei, a Chinese company, is now the biggest player in the industry. How did that happen? We tell that story in next week's episode.
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Hidden Forces
2 years
The manner in which we take ourselves off fossil fuels and replace them with more sustainable approaches is important. And if you get the path function wrong, then the ultimate utopia of some hypothetical end state may never be realized. @DoombergT
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@HiddenForcesPod
Hidden Forces
3 years
Inflation has been traditionally defined as "too much money chasing too few goods." But what do you call it when “too much money is chasing too few good ideas?" This is what our upcoming Hidden Forces episode is all about. Tune in Monday to find out!
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Hidden Forces
2 years
In the Overtime, @kofinas , @esaagar , & @makosloff discuss the consequences of a multi-decade breakdown in belief systems driven by institutional failure and mounting public distrust in authority.
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@HiddenForcesPod
Hidden Forces
2 years
100 years ago, on the eve of World War I, 4-5% of the world economy was based on trade. In 2019, that number had increased by more than 5x to 26%. This week, we take a look at what made these gains possible and what happens if they start moving the other way.
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@HiddenForcesPod
Hidden Forces
2 years
The only thing that's really going to get us lower prices on a sustainable basis will be faster growth from US shale. — @Rory_Johnston
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@HiddenForcesPod
Hidden Forces
3 years
Want to learn about the nature, motivations, operations, & objectives of the Chinese Communist Party? Join @kofinas & @joshrogin for an eye-opening conversation that you won’t want to miss on the most important challenge of the 21st century. Learn more:
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@HiddenForcesPod
Hidden Forces
5 years
Want to understand what motivates the community known as $TSLAQ? Listen to @CoveringDelta 's episode w/ @TeslaCharts and @eddiemac3356 , as they discuss "the realization" and why there is more to the story of $TSLA than the public has been led to believe...
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