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Animal Spirits: Did Bitcoin Kill Gold?

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Today’s Animal Spirits is presented by Masterworks:

Go to Masterworks.io to learn more about investing in the art market.

We discuss:

  • Michael’s trip to the casino
  • Ethan Allen and Ethereum
  • Will companies ever fight back against becoming a meme stock?
  • More people are investing in start-ups
  • Why is bitcoin rising in the face of more regulation?
  • What is wrong with gold?
  • A terrible time to be a saver
  • Will the labor market shortage stick around for a long time?
  • Why don’t we start by canceling student loan interest?
  • Why doesn’t the government provide daycare?
  • The stock market was right about the pandemic
  • Why is Zillow down 50% in a booming housing market?
  • Nic Cage is back and more

Listen here:

Stories mentioned:

  • Bloomberg’s Eric Balchunas on Bitcoin ETFs, ARK invest & more
  • Furniture retailer Ethan Allen changes ticker
  • AMC says it will accept bitcoin
  • Even your allergist is now investing in start-ups
  • A world awash in capital
  • This is a terrible time for savers
  • The jobs numbers
  • Simple explanations for complex topics

Books mentioned:

  • Project Hail Mary by Andy Weir
  • Recursion by Blake Crouch

Charts mentioned:

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