The U.S Debt End Game (Part 1/2) | Lyn Alden & Luke Gromen

This podcast episode explores the concept of fiscal dominance and its impact on monetary policy. The speakers discuss factors such as gold's divergence from real rates, the role of the Treasury in managing fiscal dominance, and the challenges of predicting a fiscal crisis. They also examine the concerns raised by Janet Yellen about the sustainability of the US economy and the potential consequences of deglobalization and rising interest rates. The episode concludes with insights about the financialized nature of the US economy and the need for a productivity miracle to avoid negative outcomes.