In this episode, Stig Brodersen and Preston Pysh talk with Lyn Alden about her new book, Broken Money. In this first part episode of two, you’ll quickly hear why Stig and Preston think Broken Money is one of the best books they read in 2023.&nbsp;IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro03:50 - Why the current monetary system is broken08:02 - What commodity money is and why it’s relevant to understand today28:33 - Why the fractional banking reserve system is like a game of musical chairs47:36 - How important the strength of the US military is for backing the US dollar51:17 - How debasement of currencies can fund wars1:01:31 - The role fiat currencies have played in wars1:06:02 - How do wealthy countries push inflation and volatility to emerging countries?Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul><li>Lyn Alden’s book, Broken Money – <a href="https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6?&linkCode=ll1&tag=tipnetwork-20&linkId=287acfeda4d0674f9521f600265a47f2&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Read reviews here</a>&nbsp;</li><li>Listen to our interview with Lyn Alden about <a href="https://link.chtbl.com/WSB533" rel="noopener noreferrer" target="_blank">How the Fed Went Broke</a>, or watch the <a href="https://www.theinvestorspodcast.com/episodes/how-the-fed-went-broke-w-lyn-alden/" rel="noopener noreferrer" target="_blank">video</a>.</li><li>Tune into our interview with Lyn Alden about&nbsp;<a href="https://link.chtbl.com/WSB491" rel="noopener noreferrer" target="_blank">Macro and the energy market</a>,&nbsp;or watch the&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/macro-and-the-energy-market-w-lyn-alden/" rel="noopener noreferrer" target="_blank">video</a>.</li><li>Listen to our interview with Lyn Alden about&nbsp;<a href="https://link.chtbl.com/WSB462" rel="noopener noreferrer" target="_blank">Money</a>&nbsp;or watch the&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/what-is-money-w-lyn-alden/" rel="noopener noreferrer" target="_blank">video</a>.</li><li>Tune into our interview with Lyn Alden about&nbsp;<a href="https://link.chtbl.com/WSB426" rel="noopener noreferrer" target="_blank">Gold and Commodities</a>,&nbsp;or watch the <a href="https://www.theinvestorspodcast.com/episodes/gold-and-commodities-w-lyn-alden/" rel="noopener noreferrer" target="_blank">video</a>.</li><li>Lyn Alden's <a href="https://www.lynalden.com/" rel="noopener noreferrer" target="_blank">free website</a></li><li>Lyn Alden's premium&nbsp;<a href="https://www.lynalden.com/premium/" rel="noopener noreferrer" target="_blank">newsletter</a></li><li>Listen to our interview with Alex Gladstein about <a href="https://link.chtbl.com/BTC071" rel="noopener noreferrer" target="_blank">issues with fiat currencies</a>, or watch the <a href="https://www.theinvestorspodcast.com/bitcoin-fundamentals/how-fiat-blinds-bitcoins-importance-alex-gladstein/" rel="noopener noreferrer" target="_blank">video</a>.</li></ul>NEW TO THE SHOW?<ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank">We Study Billionaires Starter Packs</a>.</li><li>Browse through all our episodes (complete with transcripts)&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires/" rel="noopener noreferrer" target="_blank">here</a>.</li><li>Try our tool for picking stock winners and managing our portfolios:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank">TIP Finance Tool</a>.</li><li>Enjoy exclusive perks from our&nbsp;<a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer" target="_blank">favorite Apps and Services</a>.</li><li>Stay up-to-date on financial markets and investing strategies through our daily newsletter,<a href="https://www.theinvestorspodcast.com/newsletters/" rel="noopener noreferrer" target="_blank">&nbsp;We Study Markets.</a></li><li>Learn how to better start, manage, and grow your business with the&nbsp;<a href="https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/" rel="noopener noreferrer" target="_blank">best business podcasts</a>.</li></ul>P.S The Investor’s Podcast Network is excited to launch a&nbsp;<a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">subreddit</a>&nbsp;devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit&nbsp;<a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">r/TheInvestorsPodcast</a>&nbsp;today!SPONSORS<ul><li>Invest in Bitcoin with confidence on&nbsp;<a href="https://river.com/" rel="noopener noreferrer" target="_blank">River</a>. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.</li><li>Reach the world’s largest audience with&nbsp;<a href="https://linkedin.com/results" rel="noopener noreferrer" target="_blank">Linkedin</a>, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!</li><li>Invest in some of the top private, pre-IPO companies in the world with&nbsp;<a href="https://fundrise.com/tip" rel="noopener noreferrer" target="_blank">Fundrise</a>.</li><li>Learn how&nbsp;<a href="https://principal.com/benefits" rel="noopener noreferrer" target="_blank">Principal Financial&nbsp;</a>can help you find the right benefits and retirement plan for your team today.</li><li>Experience real language learning for real conversations with&nbsp;<a href="https://babbel.com/wsb" rel="noopener noreferrer" target="_blank">Babbel</a>. Get 55% off your Babbel subscription today.</li><li>Beat FOMO and move faster than the market with&nbsp;<a href="https://alpha-sense.com/fs" rel="noopener noreferrer" target="_blank">AlphaSense</a>.</li><li>Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download&nbsp;<a href="https://netsuite.com/study" rel="noopener noreferrer" target="_blank">NetSuite</a>’s popular KPI Checklist, designed to give you consistently excellent performance for free.</li><li>Choose&nbsp;<a href="https://buyatoyota.com/" rel="noopener noreferrer" target="_blank">Toyota</a>&nbsp;for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.</li><li>Send, spend, and receive money around the world easily with&nbsp;<a href="https://wise.com/tip" rel="noopener noreferrer" target="_blank">Wise</a>.</li><li>Be confident that you’ll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a&nbsp;<a href="https://td.com/doyousmallbusiness" rel="noopener noreferrer" target="_blank">TD Small Business Specialist</a>&nbsp;today.</li><li>Invest in the same paintings available to billionaires, at a more accessible price point with&nbsp;<a href="https://masterworks.com/billionaires" rel="noopener noreferrer" target="_blank">Masterworks</a>.</li><li>Start, run, and grow your business without the struggle. Be in control of every sales channel with&nbsp;<a href="https://shopify.com/wsb" rel="noopener noreferrer" target="_blank">Shopify</a>. Sign up for a $1 per month trial period today.</li><li>Return to the all-access world of the rich and powerful. Don’t miss new episodes of&nbsp;<a href="https://www.sho.com/billions" rel="noopener noreferrer" target="_blank">Billions</a>&nbsp;streaming now on Paramount Plus with Showtime plan.</li><li>Support our free podcast by supporting our&nbsp;<a href="https://theinvestorspodcast.com/sponsors" rel="noopener noreferrer" target="_blank">sponsors</a>.</li></ul>HELP US OUT!Help us reach new listeners by leaving us a&nbsp;<a href="https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit" rel="noopener noreferrer" target="_blank">rating and review</a>&nbsp;on&nbsp;<a href="https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489" rel="noopener noreferrer" target="_blank">Apple Podcasts</a>! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

TIP574: Broken Money 1/2 w/ Lyn Alden

We Study Billionaires - The Investor’s Podcast Network

AI Chapters

AI Insights

Reviews