Overview of the podcast episode

In this podcast episode, the host interviews Lynn Alden, author of the book 'Broken Money', and discusses the topics of money, inflation, and historical analogs. Alden emphasizes the importance of understanding money as a system and technology, looking at its history, and considering the technological lens in monetary analysis. They explore the concept of money as a ledger, the transmission and settlement speeds, and the driving force of technology in shaping global monetary systems. Alden also discusses the inevitability of major shifts in monetary systems and the need for building something better to bring about change. They delve into historical parallels such as the 1940s and its impact on investment and discuss the macroeconomic implications of modern financial markets. Alden also highlights the significance of energy in relation to inflation, geopolitical dynamics, and the vulnerability of the energy system. Finally, they touch upon the importance of considering scarcity and monetary premiums in investment strategies, and the need to reassess the stability of the current system.