Peter McCormack, Released on 3/31/26

The stock market is hitting all-time highs, yet the cost of living is crushing the middle class. You aren’t imagining it, and it isn’t an accident. The global financial system isn’t broken – it is functioning exactly as it was designed to, by extracting purchasing power from the working class to subsidise sovereign debt. In this episode, I sit down with macroeconomist and author Lyn Alden to discuss the silent financial collapse happening right in front of us. We break down the mechanical reality of the fiat ledger, why the fractional reserve system must “grow or die”

00:00 – Slow Financial Collapse
02:00 – How Money Actually Works
07:30 – End of Gold System
12:30 – Why Life Feels Harder
18:20 – The Debt Trap
26:00 – Who Really Wins
34:00 – Why System Persists
41:00 – Crisis & Bailouts
48:30 – System “Resembles Theft”
59:20 – Default Explained
01:10:30 – Bitcoin & Alternatives

Lyn Alden is the founder of Lyn Alden Investment Strategy. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. She worked as an electrical engineer at an aviation facility, and over the course of a decade worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Since then, Lyn has been a full-time investor and independent analyst. Her latest book is Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better.

  bitcoin, financial collapse, gold, lyn alden