The Big Print: Why the Fed Can’t Escape | Larry Lepard

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🔥 Larry Lepard, veteran investor, author of The Big Print, and leading voice on sound money, joins Mark Moss to explain why the Federal Reserve is trapped. With debt surging and political pressure mounting, Larry breaks down why money printing isn’t a choice — it’s the only path left.

In this conversation, we explore how the bond market truly dictates Fed policy, why high interest rates are unsustainable, and how fiat systems historically end. Larry explains where capital moves next and what this moment means for protecting wealth in a system with no clean exit.

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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