LYN ALDEN (PART 1) | FISCAL DOMINANCE AND DEFICITS having CONSEQUENCES and ECONOMIC IMPLICATIONS!
WATCH PART 1 WITH LYN ALDEN HERE!
This interview with LYN ALDEN was recorded on 9/19/2024.
In this exclusive interview, Lyn delves into the pressing issue of the U.S. fiscal deficit and its long-term implications. She explores the challenges of reducing the deficit, the future of Social Security, and the impact of asset prices on government policy. Lyn also discusses the global shift away from Treasuries and the potential consequences for the U.S. financial system. Don't miss this insightful discussion on the critical economic issues facing the country today.
Lyn provides more 100,000 investors per month with research, information, and tools to help them build wealth and reach financial freedom through her research and blogs. Her background lies in the intersection of engineering and finance. Lyn is an independent macro economist and analyst, board member, director, partner in a venture capital firm, and a published author. She has been featured in many publications, including The Wall Street Journal, Time, MarketWatch, Morningstar, Yahoo finance and so many others. Her most recent BOOK, which can be found on Amazon among other places (link provided below), is called: BROKEN MONEY- how our financial system is failing us and how we can make it better?
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In part 1 of this interview, Lyn does a deep dive on the following:
- What is causing the structurally high fiscal deficits in the U.S. economy, and why is the probability of meaningfully reducing them anytime soon so low?
- What happens with Social Security after 2035 when it runs out of money?
- Since tax receipts correlate so highly with asset prices, does this correlation force governmental policy to be asset price protective or even accommodative?
- What policies are needed to meaningfully fix the deficit?
- She explains- “nothing stops this train.”
- Countries are moving away from Treasuries for their reserves and towards gold. What is this telling us about the future of the global financial system and the changes we should expect here in the U.S.?
- The fed just cut rates by 50 bps and they are doing this all while at the same time real estate, stocks and food prices are at or near all-time highs? Will this unleash a new round of high inflation?
- Plus more!
FOLLOW LYN ALDEN:
Twitter/X: https://x.com/@LynAldenContact
Website: https://LynAlden.com
Broken Money Book: https://shorturl.at/jdkjR
Great show! Really good questions on the taxation bit.