Nothing Can Stop This Train: Our Financial Predicament From a Systems Perspective with Lyn Alden

In this episode of The Great Simplification, Nate Hagens interviews Lyn Alden, an investor and author, about the monetary situation in the United States and the world. They discuss fiscal dominance, where government spending heavily influences the economy, and how it compares to historical economic downturns. Alden explains that the U.S. is in a state of fiscal dominance due to high debt levels and demographic shifts, making it difficult for monetary policy to control inflation. They explore the role of energy in financial systems, the potential impact of AI on the economy and energy demand, and the significance of cryptocurrencies like Bitcoin and stablecoins as alternative ledgers. Alden suggests that while physical constraints like energy limitations might seem to halt fiscal deficits, they often lead to currency devaluation. The conversation touches on the potential for currency reform and the importance of understanding these economic dynamics to prepare for future challenges.