Why Your Money is Worthless and What This Expert is Doing About it
In this riveting discussion, we delve into the complexities of the global financial landscape and the potential pitfalls of traditional monetary systems with Lyn Alden, Founder of Lyn Alden Investment Strategy. We explore the implications of structural inflation, the rise of new monetary technologies like Bitcoin and stablecoins, and the potential future scenarios for developed and emerging economies.
Topics Discussed
• Discussion on the structural inflation in countries like Egypt and Argentina, and the impact on their currencies
• Examination of the role of Bitcoin, stablecoins, and other new technologies in creating a global marketplace for money
• Exploration of the potential for money to move across jurisdictions, bypassing traditional banking systems
• Insight into the financial firewalls and the increasing porosity due to technologies like Bitcoin
• Analysis of the potential problems major currencies like the dollar, euro, and yen might face due to increasing public debt
• Discussion on the bubbles and cycles associated with monetary technologies
• Consideration of the potential risks and benefits of Bitcoin, including the concentration of wealth and the potential for it to act as a hedge against currency devaluation
• Examination of the potential future scenarios for developed and emerging economies in the face of a potential debt and monetary crisis
• Discussion on the potential impact of a fiscal reckoning on the asset bubble and consumer spending in developed economies
• Insight into potential strategies for managing the risks associated with a potential fiscal reckoning, including investment in bonds, equities, and Bitcoin
This episode offers a deep dive into the intricacies of the global financial landscape, providing valuable insights for anyone interested in understanding the potential future scenarios for our monetary systems. It's a must-listen for anyone seeking to navigate the complexities of the financial world and understand why traditional money might be losing its value.
This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.
*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.