Lyn Alden, macro analyst rejoins me on the show to talk about her new book, Broken Money. We discuss Lyn’s thoughts on:

• Ledger money and who controls it
• Different theories of money
• Speed of transaction vs. settlement
• Warfare funding under fiat
• Base money and Broad money
• GFC and the response to it
• Fiat standard incentives
• What kind of debt makes sense under a Bitcoin standard

Links:

• X: @LynAldenContact 
• Site: LynAlden.com
• Book: Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better 

Sponsors:

• Swan.com (code LIVERA)
• CoinKite.com (code LIVERA)
• Mempool.space

Stephan Livera links:

• Follow me on X @stephanlivera
• Subscribe to the podcast