Blockworks Macro, Released on 10/5/23
On todays episode of Forward Guidance, Lyn Alden Founder of Lyn Alden Investment Strategy & Author of Broken Money joins the show for a discussion on the recent bond market meltdown before diving deep into why our current monetary order is broken, the pro’s vs con’s of hard money and how Bitcoin could be a solution to the current monetary disorder.To hear all this & more, you’ll have to tune in!
00:00 Introduction
00:32 The Bond Market Meltdown
11:18 Buying Bonds Here Is Not A Great Trade
14:30 Are We Heading For A U.S Recession?
17:12 Commercial Real Estate Is Under Pressure, Energy Remains Strong
21:51 Risk vs Reward In Equities
24:38 Broken Money: What Is Money?
31:45 Why Is Money Broken?
36:43 The “Golden Age” Of Money
43:00 Does “Sound Money” Lead To Prosperity?
46:49 The 21st Century Has Marked The Golden Age Of Energy
51:23 The Lack Of Transparency In Fiat Money
54:54 Hard Money Puts A Check On Government Spending
01:02:22 Countries Will Demand A Harder Currency Over Time: U.S Dollars, Gold & Bitcoin
01:06:32 Re-Thinking The Current Monetary System
01:16:26 Bitcoin Is In The Early Phase Of Adoption
01:21:53 Bitcoin & The Layers Of Money
01:35:34 The Bridge From Fiat To Bitcoin
01:41:02 Stablecoins
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.