We Study Billionaires - The Investor’s Podcast Network

TIP760: Dollar Dominance Decline w/ Lyn Alden

218 snips
Oct 12, 2025
In this engaging conversation, Lyn Alden—macro researcher and author of 'Broken Money'—dives into the evolving dominance of the U.S. dollar. She discusses the shift towards a multipolar currency landscape and the implications of persistent fiscal deficits on U.S. currency vulnerability. Alden explores the effectiveness of dollar sanctions and how they may backfire, while also addressing central bank independence under fiscal dominance. For investors, she suggests a focus on high-quality equities in an era of currency fluctuations.
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INSIGHT

Dollar Moving Toward Multipolarity

  • The dollar has likely passed its peak dominance and the world is shifting toward a multipolar currency system.
  • Multiple national currencies and neutral assets like gold will share global ledgers over time.
INSIGHT

Dollar's Strength Is A Double-Edged Sword

  • The US benefits from structural global demand for dollars but that creates persistent trade deficits and hollowing of industry.
  • If global demand for dollars wanes, the US faces a painful transition unless it prepares ahead.
ANECDOTE

Broken Money Reached Policymakers

  • Broken Money reached unexpected desks, including politicians and foreign central bankers.
  • Lyn Alden saw her book in diverse offices as an emblem of influence.
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