16 Feb 2026
1h 38m

Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin

Podcast cover

Bankless

The conversation centers on the current chaotic economic and geopolitical landscape, framed as a "fourth turning" characterized by the end of a long-term debt cycle, demographic shifts, and institutional distrust. Lyn Alden discusses the erosion of Fed independence, drawing parallels to the 1940s, and analyzes the potential impact of new leadership and policies. The conversation explores the implications of a shift towards a multipolar world, with China seeking greater currency influence, and the role of gold and Bitcoin as neutral reserve assets. Alden also shares her investment strategy, emphasizing a blend of high-quality equities, hard assets, and cash equivalents, while remaining cautious about the AI sector's value capture.

Outlines

Part 1: Macroeconomic Context and Debt Cycles

Part 2: Monetary Policy and Fed Independence

Part 3: Global Reserve Assets and Gold

Part 4: Bitcoin and Digital Assets

Part 5: Investment Strategy and Portfolio Allocation

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