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Onramp Media
Scarce Assets E003: Macro Masterclass with Lyn Alden
Feb 6, 2024
Lyn Alden, a Macro Masterclass instructor, discusses broken money, monetary velocity, government debt, interest rates, portfolio construction, scarcity, diversification, and the future of Bitcoin with hosts Andy Edstrom and Jesse Myers on the Scarce Assets podcast.
01:06:12
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Quick takeaways
- The podcast emphasizes the importance of diversifying portfolios to include scarce assets like gold, energy stocks, and Bitcoin to navigate potential inflationary or stagflationary environments.
- The podcast discusses the potential scarcity of longer maturities in US government bonds in an election year, highlighting the need to diversify portfolios beyond the traditional 60/40 allocation and consider assets like energy stocks and Bitcoin for hedging against inflation.
Deep dives
Scarcity and the Evolution of Money
The podcast episode explores the concept of scarcity and its impact on economics and markets, focusing on the scarce asset of Bitcoin. The speaker introduces Lynn Alden, a professional innovator, entrepreneur, investor, and macro analyst. Lynn discusses her book, 'Broken Money,' which delves into the history of money creation and its implications for inflation and the monetary system. She provides examples, such as the use of tobacco as currency in early colonies, highlighting the challenges and consequences of such systems. Additionally, Lynn talks about the role of technological advancements, such as analog encryption and the telegraph, in shaping the movement and control of money. Lastly, she discusses the importance of diversifying portfolios to include scarce assets like gold, energy stocks, and Bitcoin to navigate potential inflationary or stagflationary environments.
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Discover
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