Closing the Loop cover image

#26 - Lyn Alden: Bitcoin is the Technological Solution We Need

Closing the Loop

CHAPTER

The Biggest Achilles Heel to the Global Financial System

When a currency is so open to manipulation and supply increases, how much fidelity does it lose in terms of being able to signal those wants and needs throughout a market? I don't know if you want to tackle that one on this, but my, my long winter question is, just how long can this persist? How long can this degree of of centralized intervention and misapplication and therefore destruction of capital, persist as it is functioning to day? So i think the the biggest achilles heel to the system is when youhave a combination of high debt, but then also you have commodity shortages, an kind of railwold constraints,. tha, that cause inflationary pressures.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner