The Julia La Roche Show, Released on 6/3/25

Lawrence Lepard, author of “The Big Print,” warns that America is witnessing the endgame of a decades-long monetary experiment that has created massive wealth inequality and put the country on an inevitable path toward high inflation.

0:00 Welcome Lawrence Lepard
0:56 Macro framework & shifting from deflation to inflation
3:33 Fed’s two options: debt collapse or massive money printing
7:01 Why Lawrence wrote the book & the dire situation
11:14 Confronting Tim Geithner at Harvard Business School
13:40 The Fed as a banking cartel setting interest rates
16:39 How we got here: incremental monetary decay
19:39 The everything bubble in currency
25:16 The debt doom loop explained
27:32 Bond market warning signals
29:47 Defining sound money vs fiat currency
33:40 Constitutional money & the fall of fiat
37:15 The Fourth Turning & monetary reset coming
40:32 Young people getting screwed by the system
42:50 Investment allocation to sound money assets
44:54 Presidential fixes: competing currencies & eliminating the Fed
47:42 Who opposes sound money reform (Cantillionaires)
50:37 Bitcoin going to millions & why it’s not too late
53:44 The positive future with sound money

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. His latest book is The Big Print: What Happened To America And How Sound Money Will Fix It.

  bitcoin, bond market, investing, Lawrence Lepard, sound money