Lyn Alden - What Happens When Major Currencies (like the US Dollar) Start to Fail? 💵📉⬇️
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lyn Alden, Founder of Lyn Alden Investment Strategy, who says the price of money in the U.S. is controlled by 12 people. Alden discusses the opaque process of setting monetary policy in the U.S. and its global impact. She weighs in on BRICS developments and the latest de-dollarization trends. Alden also explores the idea of the Bitcoin and Gold standards.
00:00 - Intro
01:04 - The 12 people who decide ‘the price of money’
07:15 - Fed outlook
09:33 - Economy
12:40 - BRICS and de-dollarization update
18:33 - Price of Gold
21:21 - Stablecoins and adoption of Bitcoin
23:44 - Bitcoin Standard, Gold Standard
31:11 - Money as a ledger
35:59 - Are we as far along as Satoshi Nakamoto thought we would be?
Original Video by Kitco NEWS: https://www.youtube.com/watch?v=onVnr5WG-Tw
Lyn Alden's book "Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better" is awesome btw.
If you are interested in Sound Money and solutions to our chaotic Fiat system, it's a worthy read.
https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6
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