Lyn Alden's Guide to Survive The U.S. Dollar Collapse
HTML-код
- Опубликовано: 29 июн 2024
- ✨ DEBRIEF | Ryan & David unpacking the episode:
www.bankless.com/debrief-the-...
------
Bankless listener, if you want to survive this decade as an investor, as a market participant or even just as a citizen, you have to tune in to this episode with author and investor, Lyn Alden.
We’re entering a new era. “Nothing Stops this Train” as Lyn would say. We’ve entered the Era of Fiscal Dominance.
- What era is this?
- Who will be the winners and losers?
- What about capital controls?
- How can you prepare?
- How will Crypto perform?
We get into all this and much more in what is a must-listen Fiscal Dominance Masterclass.
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
k.xyz/bankless-pod-q2
🔗CELO | CEL2 COMING SOON
bankless.cc/Celo
⚖️ARBITRUM | SCALING ETHEREUM
bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
bankless.cc/Mantle
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
bankless.cc/Casa
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
bankless.cc/toku
🌐 CARTESI | APPLY FOR A GRANT
bankless.cc/CartesiGovernance
------
TIMESTAMPS
0:00 Intro
5:25 Nothing Stops This Train
15:15 Fiscal Dominance vs Monetary Dominance
34:23 A World of Fiscal Dominance
46:39 Federal Reserve Role
50:34 Fiscal Dominance Indicators
1:08:06 Winners & Losers
1:18:29 Living in a Fiscal Dominance Era
1:24:16 Capital Controls
1:33:06 Federal Reserve Signals
1:36:14 How to Prepare
1:40:19 How Will Crypto Perform?
1:42:52 Closing & Disclaimers
------
RESOURCES
Lyn Alden
/ lynaldencontact
Lyn Alden Newsletter
www.lynalden.com/
------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures 
Развлечения
Want early access, bonus episodes and a fully ad-free experience? Sign up to become a Bankless Citizen: bankless.cc/GoAdFree
if I sign up can I date ryan ?
35:13 You don't know, eh? Welcome to 'Mystery Babylonian', accounting.
Lyn is smart
@@Jean-Luc-sh2pgI'll take David❤😂😉😉
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
that’s some interesting numbers, mind revealing this person guding you ? he/she must be a seasoned advisor
Vivian Jean Wilhelm is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment.
thanks for putting this out, curiously inputted ''Vivian Jean Wilhelm'' on the web, spotted her consulting page at once and was able to schedule a call session, she seems impeccable!
Who is this economy actually booming for? food prices have doubled, gas prices have doubled, home prices have doubled, and my wages have stayed the same. ow can I actually stay on top of things, I see every RUclips video saying BUY BUY! But when and how do I sell for profit at the right time?
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Amber Kay Wright” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
A weak dollar can signal an economic downturn, The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Amber Dawn Brummit is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Always a pleasure to listen to Lyn ❤
Yes it's a 🎉 every time. I've noticed as well that anyone interviewing her feels the same, and is thrilled if they are able to get what she's saying and relay it. I've never seen her be condescending or patronizing which unfortunately is too common these days.
Yes, she's a brilliant young man👍
Lyn’s book “Broken Money” is a 10/10 must read. Buy a few copies for gifts too. Truly a life changing book. Lyn is a treasure.
Lyn alden doesn't disappoint👍. its so obvious that things are not improving. I'm looking at high-yield dividend stocks. Selling 200k worth of equities is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)
Don't get any such ideas. If I were you, I would bother less and buy gold and bitcoin. There are more institutional investors in long bonds than individuals and they are all relinquishing their long term holdings.
I agree, while higher interest rates increase bond yields, they also hurt long-term bondholders who can't wait for their bonds to mature. IMO You are better off for next 5 years by buying the dip now.
Avoid institutions holding your money in a bad bond bear market. Seek alternatives for passive income. Consider commodities, but consult a financial planner first, like I do
I am new to alternate investing, bonds were sold off, now this pump and dump scheme by the fed. What other alternatives have you tried that bring you passive income?
I consult with a renowned NY advisor and fixed income strategist with an unorthodox approach.
When I was in high school during the 1970s, our class took a field trip to a local bank. The banker explained how gold was indirectly proportional to currency. He showed us a chart showing how the price of silver spicked and later how gold spiked. What he didnt mention was why the duration of the spikes in silver and gold prices were just spikes. Later I learned that the president ordered a comfiscation of all gold. The depression effects lasted between 15 to 20 years and I asked myself why siver and gold prices didnt last as long as the depression. Then I heard stories from my grandfather who told me that nobody had money and people were so hungry that they were eating the bark off of trees. Then it occurred to me that the demand for food was greater in that it was much longer lasting than the spikes in gold and silver. I realized that the wealthy had manipulated the government and stock market to punge the economy into a depression. There is no telling how many people they starved people to death during that period. Shortly after that, the wealthy people started dieing off. The study of the subject left me with one conclusion. Plenty of food and land to grow it on was what got many families through that period of history. You can bet that food will be more important than anything you can do to prepare for a depression. If you cant buy land, help a small farmer because he cant grow food for you if he cant afford fuel for his tractor. Many during that era worked for farmers for food.
You need to understand your not just using the American dollar you using the American world wide banking system. That what you want to move you money around. Dude, Russia, China, and India their banking systems is like "Fred Flintstones.". Sorry but he global south is very primitive when it comes to their banking. Offshore tax shelters and bank accounts that only in nations like the British or America really have stuff like that.
Thank you for providing a comment that is not advising us to go with a great advisor guaranteed to make us lots of money. I think they're all working off the same script w i t h just changing the name Etc. Metal May hold up for a while but I think you're right about food being primary and supporting your local farmer if you don't have a green thumb yourself.
@@kathleenbrock2746 Sorry, Kathleen but China is not a threat to replace the US dollar. Xi Jinping just replaced the number 2 general in the CCP military. There too much turmoil within China for them to make a move on the US dollar.
Another goal they accomplished during the depression was to break families up, with having to go far away to work and the wife/children having to take in boarders, etc.
@@HellBot-gi5siPutin's going to make it easy for them
Lyn is so God damn smart, every sentence packed full of meaning. Really really really love listening to her analysis
That's a her ?
Him
@@creativemaster007does it matter whether it’s a he/she?!?
Lyn Alden always a great pragmatist and grasps Money like no other!
Does Lyn have an Adam’s apple or is it just me
@@VibraFinance You sound about twelve, so I doubt you have one. One day, though, aye?
Just an observation any 12+50 y old can make
@@bobjinessr7957 just an abomination. I agree Bob.
Please listen carefully. Bitcoin! Not Crypto. Great interview. Thank You!
Lyn is the greatest. Always a pleasure listening to her views. Great guest!!!! ❤
That's a female ??
Him*
You mean him?
Thank you for sharing AMS89H💗 I really appreciate it
I am counting on AMS89H. It will be on the TOP 5
AMS89H will atleast beat LINK
Coinbase, OKX and Binance will list AMS89H very soon. We do not have much time left
this is only crypto project that I see has real use
very promising
Lyn is a G, Bankless is righteous. Well done guys.
Hi Lyn I have to say you really are quite incredible. Wow what an amazing person you are. Love listening to you and finally found someone that I can trust.
Lyn is the best 👌
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like gold, digital currencies such as Bitcoin, Ethereum, and XRP, thanks to Flora Elkin for her guidance in these fields her proficiency is outstanding
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It is really refreshing to see a comment about Flora Elkin.I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Flora Elkin's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Fourprime to $15 this bull run for sure 🔥🔥
its some kind of bullshit coin right?
Scammer alert
Subprime loans you mean 😂
Hand down for Lyn! U knowledge on fiscal and monetary policy are extraordinary👏🙏🏻
Went to buy a half oz gold bar yesterday at local bank in Singapore. An Indian Banker next counter to me scooped up a massive 4 kilos of gold. Omg
🤯 WOW
Loved this, thank you! Your videos educate me more than any other channel!
Thank you! I watch anything where I see Lyn. It didn’t disappoint ❤❤
Fourprime has great potentials 🔥
Thanks for having Lyn on - great, A+ 👍
Can someone explain to me what is the value of crypto in the event of a complete communication systems break down. Why people assume a finical break down with out a communication break down with it.
None. It's a convenient money laundering scheme for the criminally minded.
Buy gold. Real gold, not the ETF.
If you don't hold it, you don't own it.
It's that really a rational concern? We'd all have much bigger problems to deal with
That's where your ammo guns and gold comes into play
Amazing teaching and so resonates with our current reality. Way too many variables, to make predictions. Watching closely... Ty!
🗽 Lyn Alden is always an intellectual enrichment. 🙏❤
.
Lyn always puts things into perspective I enjoy listening to him
Fiscal dominance is the Hotel California
Such a lovely place..
Fiscal:
Tax
Government Spending
Monetary:
Interest rates
The supply of money
Gpt4, summarize this entire episode...
Supply of money in the US comes from banks and fiscal spending. Central Bank enables those institutions, but they don't spend or lend the money into the economy
Read book: Broken Money and educate yourself using that book as a lense to see through
It’s not rocket science. If you stick around, read and research macro, follow news, Google things up - plenty of research published online by several think tanks and institutions. Wild how much one can learn just by paying attention and with so much stuff online, tbh.
Great discussion. Very informative. While this could be said for any electronics based financial system my concern with bitcoin would be what happens when we enter a kinetic or cyber based conflict with adversaries? Adversaries would hit power generation systems first.
On another note: Let’s say the economy tanks badly. Half or more of people in the world are going to find it very difficult to care for and feed their families. Many will do things (they never thought they were capable of doing) in order to survive. How would a person that holds actual precious metals expect to make purchases? By word of mouth they will likely have uninvited guests after their first purchase.
Presale excitement building up! Revux's project is making waves for all the right reasons.
Lyn is very smart, An economics 101 lesson.
Revux potential, echoing in the corridors of crypto curiosity! The intrigue and discussions surrounding Revux contribute to the echoing potential that resonates in the corridors of curiosity within the crypto space.
David's yawning in the opening clip hahah
Diving into Revux's whitepaper - the innovation and technology behind this project are mind-blowing!
Thank you ❤
I listen to the entire show
Already envisioning the benefits of Revux's streamlined investment journey. Great new project.
Good day, good episode
Revux commitment to transparency is refreshing in the crypto space.
A lot of this was pretty basic, repetitive and not very informative or interesting, but perhaps it's just because I've heard so much of Ms. Alden in the past. If you're unfamiliar with her take on fiscal dominance, then perhaps it will be of interest to you.
Exciting times for Revux - partnerships with major industry players are unlocking new possibilities. This presale rocks...
Thank you for your knowledge.
Thank you Bankless for your insightful interviews I sold all my Solana and ETH for BTC after a interview with a Solana marketing team member on your show. It’s been a great decision so far
Yes she said it’s all connected, one is protecting each other.
He
Thank You!
Building on eth is worst than relying on usd
@24:00 There was indeed lots of fiscal stimulus in response to the GFC (including stimulus checks in 2008). We have been living with fiscal dominance since then and it has only gone into overdrive since the pandemic.
Protect this woman at all cost
What women?
@@17daysago The apathetic masses still can't see it
?
Man*
Man *
Going to be fun when Mike Saylor is President and Lynn is running the economy.🏆
And Saif is the foreign affairs guy
Revux community-driven approach is what crypto needs.
Im prepared
Revux's presale is gaining momentum - early supporters, let's seize this opportunity together!
BTC can disregard techincals when in a bull, did that in 2020 when it crossed previous ATH... stayed there a few weeks and continued pumping like crazy to 60k. Also, there is one constant... when around 90 on monthly RSI, the end is near. And don't expect crazy price targets of 500k... expect around 100k at most and be happy if there's more after that. If you believe big boys and CEO's of big invesment firms saying targets like 1M this cycle.. you deserve to be their exit liquidity..It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3B'tc to a decent 21B'tc in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
As a beginner, it's essential for you to have a mentor to keep you accountable..
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
Kerrie Farrell program is widely available online..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate..
Presale fever is real with Revux - the coolest project in town
Good stuff. Howard Marks has a similar framework.
So powel increases intrestrates so big banks can eat up little banks but physical spending then then bails out those big banks who are "to big to fail" is that a fair assessment?
Lyn undumbs me. Janet Yellen, Jerome Powell, Christine Lagarde needs Lyn to undumb them. Lyn is the Queen of connecting the dots in fiscal policy. As the train hurtles to its doom - we need Lyn more and more to guide us through the coming shit storm.
Thank you for guesting this kick ass legend.
It’s a man
@@digitizenow8674 and I'm a dumbnut. If I can connect 2 of her dots - I'm blessed.
Revux believers, guiding the crypto journey with confidence! The confidence and trust placed in Revux potential position its supporters as guides, navigating the crypto journey with a sense of assurance.
Nice job all.
@Bankless what is your camera setup?
Lyn , I appreciate your point of view but can you put out short 10 minute versions...there is so much to research i just don't have the time to listen to the length of this video...I am sure there are others who would be happy about this...thanks
From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
....
Please educate me, i'm willing to make consultations to improve my situation,
Celia dullpher. understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
She's recognized as 'Mrs dullpher. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher
Somebody needs to get Lyn in a position of power where she could actually direct some of the necessary changes ASAP
Lynn Alden: I would feel so much more comfortable with you as President ❤
Thank you guys for advice . Always good to hear 3 men talk about inflation and interest rates . Good advice
Revux leadership team is stacked with industry experts.
The founder of TradeonBarter is enjoying your content.
Revux market entry timing couldn't be better.
So which dominance are we in?
The speed of Revux transactions is a game-changer.
Imagine if Lyn was a listened to advisor to the white house...
I would argue there is something in control of this “fiscal dominance”.
China with what used to be our production and with it our capability to produce (increased productivity) our way out of inflation, and where real valuation resided here, not overseas.
I can always work to make up for any downturn in my portfolio and reduce my spending to minimize inflation (ie save). The fiscal limitations are imposed upon me due to limited opportunities to move up no matter how capable I am.
On the macro, this translates to a future of protectionism from what will ultimately be foreign currency devaluations. And hopefully combined with deregulation to return to a truer free market out from this top down mandated economy.
Cash for cars was also an attempt to clean up the air from vapor pollution by older cars
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Dollar collapse? Maybe. But with swell robotics everywhere, Ai jobloss is the only thing I worry about anymore. Anyone else feel the same? Should we cease Ai?
My guess is that China is using a totally different approach than in the West. That the Chinese government has long-term plans that require a redundancy in the economy to absorb up and down swings in the long run. And then things like banking and monetary polities becomes basically irrelevant! And even for the Chinese tech industry, profit is then just a secondary effect.
What is that thing
I don't know why people think that the USG would not pull the electric plug on bitcoin's blockchain. Whey would the USG want a competitive currency it couldn't control? I'm amazed people don't see the obvious.
I have never heard anyone talk about the Forgotten Depression. The economy crashed by 30%, they slashed government spending and within two more years, the economy boomed again. Cut government spending and watch our economy boom.
Most of our spending is NOT infrastructure or things that will facilitate the economy, it is all payments to lazy people.
I love lyn😮
The inside jargon queen.
I don’t do forced advertising. Ads I can not stop. Enjoy your income. By
It's not required to buy and hodl crypto to use the utility in the extremely remote chance you might benefit from it, but the retail speculators are mostly losing money on it. Sucker's bet.
XRP, the better bitcoin. More decentralized. Be your own bank.
Ripple stable coin. Liquidity. It's not bitcoin gang.
Fourprime is gonna be massive
i ♥ lynn
are you trans too?
Are Bitcoin and stable coins the same thing? Im not well versed on crypto
Michael Saylor, Saidean Amouss
Bitcoin for your bills, and Monero to buy stuff like food and entertainment privately.
Seems like mechanisms the current administration have proposed could help - ie, taxing the wealthy (who are paying disproportionately low taxes) and lowering drug prices. Wouldn't those be counter measures?
Mip at 1 hr 41 min
Unsurprisingly gold and silver are very strong. I can't tell if the US Dollar is worth anything at the moment so that would normative be investing in food #guerilla_gardening land #amish
Isn't the crypto boom just a product of lower interest rates causing excess capital speculation?
yes
Imagine being able to purchace your Home in your 20's ... Now your lucky to do that in your 40's ... what a Disservice our Government has done to its own people . We need to go back to those days .
Finally got around to finishing and as usual Lyn taught me so much . Great questions for her too . Many thanks from Australia 🌏🦘
Him
@@digitizenow8674 No it's her . I'm sure .
@@vivienslennett7197 haha nope. It’s a man🤷♂️
I'm favoured, $50K every week! I can now give back to the locals in my communitv and also support God's work and the church.God bless America
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some professional advice.
Thanks to Mrs Deborah Davis.
She's a licensed broker here in the states
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.
Bitcoin is scarce. Crypto is not.
You start talking about the crypto Ponzi, that's when I tune out. I listened to 1 minute. FO!!!
The ads are annoying at the beginning
Try mixing it up guys
Why can't creators auto delete comments with certain keywords? That'd be an easy fix