{"podcast":{"title":"Macroscopic Podcast","slug":"macroscopic-podcast-7281576","podcast_index_feed_id":7281576,"rss_url":"https://feeds.megaphone.fm/macroscopic","website_url":"https://www.goldrepublic.com/","image_url":"https://megaphone.imgix.net/podcasts/c7a09386-e22d-11ee-8c00-5369fe75fdff/image/e933b62dab230adf8d1e631373664815.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"GoldRepublic","episode_count":80,"summary":"Podcast covering macroeconomics, geopolitics, history and financial markets with a focus on the emergence of new monetary era driven by sound money like gold, silver and Bitcoin hosted by Alexej Jordanov. This podcast is brought by GoldRepublic, a leading physical precious metals dealers in Europe with more than USD 1,5 billion under custody for more than 100.000 trusting clients.","last_synced_at":"2026-09-24T16:21:54.656574+00:00","page_url":"https://stenobird.com/podcast/macroscopic-podcast-7281576"},"episode":{"title":"Luke Gromen: This Is How Hyperinflation Begins","slug":"luke-gromen-this-is-how-hyperinflation-begins","published_at":"2026-09-24T15:00:00+00:00","page_url":"https://stenobird.com/podcast/macroscopic-podcast-7281576/luke-gromen-this-is-how-hyperinflation-begins","show_page_url":"https://stenobird.com/podcast/macroscopic-podcast-7281576","url":"https://traffic.megaphone.fm/NXCHBV4948694878.mp3","audio_url":"https://traffic.megaphone.fm/NXCHBV4948694878.mp3","summary":"Macro strategist Luke Gromen joins Alexej Jordanov to explain why both Fed rate hikes and rate cuts are now inflationary, why the US bond market, not the stock market, is the real bubble, and why he believes gold is headed to five figures. In this conversation, Luke breaks down the fiscal dominance trap facing the Fed, why $40 trillion in US debt makes rate hikes self-defeating, and why 53 out of 53 nations that hit 130% debt-to-GDP in the last 220 years have inflated away their debt with the US now joining that list. He unpacks his \"bond singularity\" thesis on how AI is accelerating a bond market crisis faster than any AI productivity boom can offset it, why industrial supply chains are already showing early signs of a hyperinflationary mindset (\"I'd rather own copper than cash\"), and why the dollar debasement trade in gold, silver, and Bitcoin is back on. 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other…","meta_description":"Macro strategist Luke Gromen joins Alexej Jordanov to explain why both Fed rate hikes and rate cuts are now inflationary, why the US bond market, not the…","key_points":[],"chapters":[],"topics":[],"duration_seconds":5126,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/macroscopic-podcast-7281576/episodes/luke-gromen-this-is-how-hyperinflation-begins/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/macroscopic-podcast-7281576/luke-gromen-this-is-how-hyperinflation-begins.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}