Listen to this episode with Tim Urban, in which we discuss the future, how to deal with procrastination, AI, and much much more. Listen to it here stream below or right-click to download: After trying the competition, this is the only email tool that has made email marketing intuitive for my team without sacrificing any of the features and benefits I need to run a profitable business. Test the platform and make sure it works for you and your business.
I love it to bits, and the lead developer, Matt Mullenweg, has appeared on this podcast many times. What was your favorite quote or lesson from this episode? Please let me know in the comments. Many of the world's most famous entrepreneurs, athletes, investors, poker players, and artists are part of the book. The tips and strategies in Tribe of Mentors have already changed my life, and I hope the same for you. Here's a very partial list: Check it all out by clicking here.
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Thanks to Brian Oberkirch for the inspiration. Please provide transcripts along with your podcasts! I generally do not have the time to listen to a podcast, but would like to read the content. Like Liked by 1 person. I sat for a moment to read this comment. When I hit the back button I was offered a free ebook for 5 morning rituals…required an email address entry as well before receiving the file to read.
I find that podcast are a much great time saver, because you can listen as you do another task that requires your eyes and hands, you can listen to a podcast at 2X speed if you want to get through it really quickly.
How exactly does that work? Mike…It would have been fun to have gone down that rabbit hole some more: Here is how I think about the issue at a high level. In a truly free economy, the price of money aka interest rates would be set by supply and demand by the private banking system rather than set artificially by the Fed.
Banks would locally determine the cost of money based on the local supply of money they can safely offer in a way that lines up with demand for money that contributes to business expansion. Most companies of all types finance some of their businesses with bank loans. In order to be successful in a free market, banks must be very careful who they loan money to or they can run out of money and go broke from bad loans.
When the Fed sets interest rates artificially below a level that would be set by free-market supply and demand of money, banks are confronted with a much greater number of requests for loans.
This has the effect of reducing the number of unworthy borrowers. At the same time, because higher interest rates reduce the prices of stocks because a stock is the present value of future cash flows discounted at a now higher interest ratesee alsoa partner at one of the top bitcoin trading firms told us why crypto is such an amazingly fu also have less speculation in the stock market. The original Great Depression was only made possible because the government infor the first time, began to intervene in a fundamental way to manipulate the money supply.
A cheap money policy was the goal of government officials. Interest rates no longer rose in response to increased speculation and borrowing. The Fed believed that by taking the control of the pricing of money out of the hands of private banks, it could guarantee a permanent prosperity by smoothing out the ups and downs of the business cycle. Many officials thought that, by manipulating the money supply, they could keep the economy in a permanent boom.
But the Fed was wrong to do this. A free banking system in the 20s would have been forced to curtail the rampant borrowing and speculation that occurred. Instead, these behaviors went unchecked and widened in their scope until eventually everything came crashing down in a chain reaction. In response to the recession of and the terrorist attacks and other weaknesses in the US economy, the Fed kept interest rates artificially low to keep the economy moving.
What happened was predictable: When you make the price of money artificially low, you encourage more people to borrow. And Wall Street made things worse with CDOs and other instruments that pooled the risky loans into a toxic mess that almost destroyed the economy.
Why does this hurt the middle class? But in an economy where wealth is created more easily by borrowing money, pretty soon you have an economy based on people pimping their houses to each other. Thanks a lot for the ebisode! Probably the latter if I remember the flow of the conversation correctly. Where can I find your event schedule? I want to ask for tickets to one of your events for my birthday gift this year. So much great knowledge in this one, but what impacted me most is how ready at hand Mike is with his gratitude and emotion.
Great interview with Mike Maples. Which organizations or charities can you recommend that support young entrepreneurs get a headstart? Your TED talk on the stoics and fear setting really gave me a much need directional perspective.
Tim, Just wanted to know you were the answer to one of the questions on our esteemed University Challenge TV programme here in the UK last night. It is episode 21 of the current series. You can search bbc iplayer to find it. About 6 mins in. Anyway, in British Intelligentsia you know you have arrived if you make it as an erudite question on the show — 65 years and still going strong.
What a great podcast! I am a venture investor in India and its amazing how much of this discussion I could both relate to as well as gain insights from. Thanks for sharing this. What an amazing episode and guest! Thank you so much to you both Tim and Mike for sharing with the world!
Would you be able to expand more on that question in a podcast or article? I really valued the philosophical lens, from different angles, on the role of see alsoa partner at one of the top bitcoin trading firms told us why crypto is such an amazingly fu. Sanjayan chewing on entrepreneurship as relates to solving conservation and environmental condition challenges.
Mike had some amazing founder stories. I had to rewind a couple times so I could hear them again. WOW, my new favorite!! I was set down that path at age 13 when I was handed a book of that exact title. Love is the experience of a feeling. It is sensations in the body.
Yes, you can go the other way, but then you are locked in conditions. And because I love playing with words, I dove into variations and experimented with them over several weeks. This was the power verbage that steered the subconscious mind to carry it through the rest of the day.
It stopped me from going through with my plan. I am holding on by exploring the books Tribes of Mentors included and metta meditation you mentioned. I am wondering if you could go further down this rabbit hole and speak to this topic a bit more……perhaps in a form of a short podcast? First off, this was going around FB yesterday: Could one friend please copy and re-post?
We are trying to demonstrate that someone is always listening. Tim has this great interview with Adam Robinson who has some practical insights on suicidal depression and the conversation weaves that direction. I wish you all the success on your journey upward into your New Life. I gots shit to do!! What would it feel like if I saw my worth as priceless? What would I do if I felt Enough to overflowing? They are very helpful and I will be focusing my energy on absorbing all the materials to give myself a chance.
Mike, you are so warm, heartfelt, and relentlessly positive. The highlights were many, but number one is your see alsoa partner at one of the top bitcoin trading firms told us why crypto is such an amazingly fu about parenting.
The one other thing I want to thank you both for is the talk about being kinder to ourselves. Thanks to both of you for sharing this conversation with the world. Really enjoyed learning more about Mike Maples and Tim! John Boyd does not get enough credit for his ideas. A former customer wrote a book about Boyd Boyd: Thanks for all your insights and ideas to learn from.
- Genel bilgi ekran. Several supported pairs, post or message me for. - Too many step to login your account if not near your PC. Check out this nice image of a leonArdo instance I am using for testing.