Lyn Alden: "The Myth of Frictionless Finance" | The Great Simplification скачать в хорошем качестве

Lyn Alden: "The Myth of Frictionless Finance" | The Great Simplification

(Conversation recorded on February 21st, 2024) Show Summary: On this episode, Nate is joined by investment strategist Lyn Alden to discuss how energy and technology have shaped our monetary system and current financial trends. While more people are becoming aware of energy’s foundational role in our global systems, it is still widely overlooked, especially among those working in finance. In contrast, Lyn’s biophysically rooted analysis of macroeconomic patterns expose the cyclical dysfunction of the world’s economy. How has increasing energy availability and productivity offset the inflationary nature of fiat currencies - and what happens if this trend were to slow or reverse? What assumptions and biases have led most analysts to mis-read long term trends, leaving us with vulnerable economies? Is it possible to rejigger our systems and innovate more biophysically aligned tools to enable a smoother transition into a future with a lower energy throughput? About Lyn Alden: Lyn Alden is an independent analyst and founder of Lyn Alden Investment Strategy with a background in engineering management. Her work provides institutional-level research in plain English, so that both institutional investors and retail investors can benefit from it. Lyn also serves as an independent director on the board of Swan.com and as a general partner at the venture capital firm Ego Death Capital. She is the author of the 2023 best-selling book Broken Money about the past, present, and future of money through the lens of technology. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics, systems engineering, and financial modeling. She worked for over a decade as an electrical engineer at the Federal Aviation Administration’s William J. Hughes Technical Center. For Show Notes and More: https://www.thegreatsimplification.co... 0:00 - Intro 1:58 - Lyn's Background 4:42 - Mainstream Financial Perspective 8:25 - Systems Blindness 12:07 - Lyn's New Book 19:25 - Jevons Paradox 21:31 - How Broken is Our Money System? 29:56 - How Are Money and Energy Linked? 34:30 - NVIDIA's Valuation 38:31 - How Big of a Problem is Debt? 44:20 - The Future of Modern Currencies 50:08 - Fiscal Dominance 58:30 - The Next Decades of the Global Economy 1:00:39 - How Can We Navigate What's Coming? 1:06:57 - How Would You Run the Federal Reserve? 1:10:34 - What are the Future Paths for Bitcoin? 1:16:43 - Central Bank Digital Currencies 1:21:40 - Crypto Wealth Inequality 1:29:02 - Lyn's Routine 1:31:05 - Personal Advice 1:35:50 - What Do You Care Most About? 1:37:16 - What Would You Do with a Magic Wand? 1:38:49 - Closing Thoughts