In this episode, we speak with Ben Kizemchuk, an investment professional from Canada, about the framework he uses to make sense of today’s increasingly unpredictable economic landscape.

Over the past 15 years, traditional economic assumptions have been upended: massive money printing without corresponding inflation, prolonged negative interest rates, soaring national debt with little immediate consequence, and the rise of $100,000 Bitcoin. Ben argues that this is just the beginning; he believes we’re witnessing a deeper structural shift in how the economy works.

To navigate this transition, he offers a memorable framework he calls the “4 Fs”: fiscal dominance, financial repression, fiat currency, and passive investment flows. Together, these concepts describe an emerging system where governments dominate economic activity, money takes on new meaning, and financial markets function like automated utilities.

Far from random, Ben sees this transformation as a bridge to a future of abundance, made possible by exponential gains in productivity. This episode offers a thought-provoking take on the strange new world of modern economics.

RECORDED JULY 2025; ORIGINALLY PUBLISHED JULY 2025