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The Economy Is Trapped In A Vicious Cycle Of More Debt & Bigger Deficits

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by Wealthion
Thursday, Oct 19, 2023 - 1:01

Today's guest expert, Lyn Alden details out why today's high debt balances & high interest costs are forcing high fiscal deficits... which will require more debt monetization It's a vicious cycle similar to the 1940s Buckminster Fuller, the famous architect and systems theorist, famously said: "You never change things by fighting the existing reality.

To change something, build a new model that makes the existing model obsolete." Lyn brings an engineering approach to finance and investing and spends a lot of time looking for better models we should consider adopting as both a society & as individual investors.

Could our markets be re-designed to become more efficient & fair? Are central banks the best way to set monetary policy? Is there a better form of money than the current fiat currencies we use? We'll dig in to all those topics and more today with Lyn.

Get Lyn's book at https://www.amazon.com/Broken-Money-F... Or follow her at https://www.lynalden.com/

 

For more free interviews like these with top Money & Markets experts, visit Wealthion's YouTube channel at https://www.youtube.com/wealthion

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