The Global Financial System is Broken with Lyn Alden

WTFinance

Interview recorded - 12th of February, 2024
On this episode of the WTFinance I had the pleasure of speaking with Lyn Alden. Lyn is one of the foremost macro strategists, Founder of Lyn Alden Investment Strategy & author of the book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better”.
Buy the book here - https://www.amazon.co.uk/Broken-Money-Financial-System-Failing-ebook/dp/B0CGNVNXK2/
During this conversation we spoke about what Lyn is currently seeing in the macro environment, the push and pull of fiscal & monetary policies, why stocks are at all-time highs, whether we could be moving into a crack-up boom scenario and more!
0:00 - Introduction
1:20 - What is Lyn seeing in Macro?
4:55 - Push and Pull of Fiscal & Monetary policy
8:00 - What prevented liquidity crunch last year?
10:35 - What others tools do they have for liquidity?
12:26 - Future liquidity scenarios?
15:40 - Reducing interest rates while continuing QT?
17:16 - Why is the stock market at all time highs?
19:09 - What assets to perform?
21:45 - Crack up boom?
22:48 - Can US continue deficits?
25:05 - Could the US move to austerity?
28:10 - Deflation vs higher inflation
29:50 - Why is our financial system failing us?
33:50 - CBDC a risk?
37:10 - What impact does higher energy costs have on blockchains?
39:29 - Outlook for Crypto & Bitcoin in 2024?
42:40 - One message to takeaway from our conversation?
Lyn runs an investment research service for both retail and institutional investors at LynAlden.com. Her focus is on fundamental investing with a global macro overlay, with an emphasis on equities, currencies, commodities, and digital assets.
Lyn has also worked for over a decade in the aviation industry in a range of roles, starting as an electronics engineer and moving into project and facility management, and engineering finance. Eventually she became the head engineer and head of technical procurement for the facility, before retiring in my 30s.
Lyn has a bachelor's in electronics engineering and a master's in engineering management, with a focus on engineering economics and financial modelling.
Lyn Alden -
Website - https://www.lynalden.com/
LinkedIn - https://www.linkedin.com/in/lynalden/
Twitter - https://twitter.com/lynaldencontact?lang=en
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas