Market Disruptors, Released on 1/17/26

0:00 — Larry’s Introduction
4:32 — How debt removes every real policy option
9:48 — Why interest rates can’t stay high
15:21 — The bond market forces the Fed’s hand
20:44 — Why austerity is politically impossible
26:30 — Money printing as the path of least resistance
32:12 — Historical examples of how fiat systems end
38:55 — Where capital flows during monetary breakdowns
45:41 — Why inflation is a feature, not a mistake
52:18 — What this cycle means for investors going forward

Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on the board of Amarillo Gold Corp. and Rise Gold Corp. In his past career he occupied the position of Principal at The Cue Ball Group LLC, Partner at Summit Partners LP, Managing General Partner at Geocapital Partners LLC, Investment Associate at Continental Illinois Venture Corp., Financial Analyst at Smith Barney Harris Upham & Co., Inc. and Financial Analyst of Citigroup Global Markets, Inc. (Broker). Mr. Lepard received an undergraduate degree from Colgate University and an MBA from Harvard Business School. He is the author of The Big Print: What Happened To America And How Sound Money Will Fix It.

  federal reserve, inflation, larry lepard, money printing