#1267 Lyn Alden | Bitcoin Solves Broken Money
The Pomp Podcast
Anthony Pompliano
4.8 • 1.9K Ratings
🗓️ 31 October 2023
⏱️ 49 minutes
🧾️ Download transcript
Summary
Lyn Alden is the author of a brand new book called "Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better." This book is almost 500 pages, and it is a fantastic breakdown of the history of money, why the system is broken, and where we go from here. In this conversation, we talk about how the average individual is being impacted, saving vs investing, diversification, energy as the arbiter of truth, interest rates, US treasury, national debt, and more.
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Pomp writes a daily letter to over 250,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
Transcript
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| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp |
| 0:07.7 | podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, |
| 0:21.1 | and tell your friends and family about the podcast. My goal is to help millions learn from the |
| 0:26.5 | world's most interesting people. So let's get in to today's episode. Lynn Alden is a repeat |
| 0:32.2 | guest of this podcast and the author of a brand new book called Broken Money, Why Our Financial |
| 0:37.1 | System is failing us and how we can make it better. |
| 0:40.2 | Lynn wrote this book, which is almost 500 pages, |
| 0:43.3 | and it is a fantastic breakdown of the history of money, |
| 0:46.9 | why the system's broken and where we go from here. |
| 0:49.8 | In this conversation, we talk about a lot, |
| 0:52.7 | especially how the average individual is impacted |
| 0:55.5 | by this eroding situation, whether people should be buying and renting, saving versus investing, |
| 1:00.4 | how they can think about diversification, what's going on with energy as the arbiter of truth, |
| 1:05.2 | how high interest rates, declining interest in U.S. treasuries, and an exploding national debt |
| 1:10.0 | is going to impact our |
| 1:11.9 | children and the future of America. I always enjoy talking to Lynn and this conversation was no |
| 1:17.3 | different. She was in great form and dropped tons of knowledge, so I hope you enjoy this conversation. |
| 1:23.6 | Here is my latest episode with Lynn Alden. Anthony Pompleano runs Pomp Investments. |
| 1:30.2 | All views of him and the guests on his podcast are solely their opinions and do not reflect the opinions of Pomp investments. |
| 1:36.8 | You should not treat any opinion expressed by Pomp or his guest as a specific inducement to make a particular investment or follow a particular strategy, |
| 1:44.8 | but only as an expression of his personal opinion. This podcast is for informational purposes only. |
| 1:51.0 | Today's episode is brought to you by Trust and Will. I've gone through a number of different |
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