What Bitcoin Did

The True Cost of the Dollar Empire w/ Lyn Alden

84 snips
May 16, 2025
Lyn Alden, a macro analyst and author of 'Broken Money,' dives into the intricate world of the U.S. dollar and its implications for global economics. She explores the structural issues behind the U.S. trade deficit and how foreign ownership of American assets creates systemic risks. Discussion covers the role of Bitcoin as a potential neutral reserve asset, forecasts a bullish $150k outlook, and the complexities of tariffs in the current economic landscape. Alden's insights reveal the fragile balance of today's financial systems.
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INSIGHT

Trade Deficit and Dollar Status

  • The U.S. trade deficit is a core issue tied to its status as the global reserve currency.
  • This deficit fuels systemic political tension and economic imbalances that have accumulated over decades.
INSIGHT

Dollar Overvaluation Causes Deficits

  • The dollar’s global reserve role causes it to be overvalued, boosting U.S. import power but hurting manufacturing.
  • Trillions of dollars are spilled globally through persistent trade deficits to meet world demand for reserve currency units.
INSIGHT

Regional Impact of Trade Deficit

  • The U.S. trade deficit's effects hit unevenly across regions and industries.
  • Financial hubs benefit while manufacturing-heavy areas like the Rust Belt have experienced decades of economic decline.
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