Lyn Alden on Bitcoin, Inflation and the Potential Coming Energy Shock

<p><a href="https://twitter.com/LynAldenContact"><span style= "font-weight: 400;">Lyn Alden</span></a><span style= "font-weight: 400;">, investment researcher and strategist with a keen eye on both crypto and traditional markets, joins NLW on today’s “The Breakdown.” Listen for a conversation about the state of the market and projections for the future including:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Inflation: base effects and transitory in nature or here to stay?</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Foreign debt markets tapering off</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The Lightning Network and predictions for the success of El Salvador</span></li> </ul> <p><span style="font-weight: 400;">Inflation at a high number, 5%, leaves investors and market observers jumpy. On top of that, many have a hard time believing the U.S. Federal Reserve’s narrative for inflation as outlined in the recent FOMC meeting. How is this inflation different from previous spikes?</span></p> <p><span style="font-weight: 400;">The foreign sector has historically been a large buyer of Treasurys in structural trade deficits. In 2013, China stepped away from this practice and started investing in its own infrastructure and in other regions across the world. Even if other countries continue to invest in U.S. assets, it is increasingly in hard assets like stocks or real estate. Will the dollar weaken as the Fed is forced to be the primary buyer of U.S. Treasurys?</span></p> <p><span style="font-weight: 400;">El Salvador’s commitment to bitcoin as legal tender is one thing, but what will the reality of this new currency look like? Bitcoin’s Lightning Network provides easy access and transaction speeds, so long as enough of the general population has access to smartphones.</span></p> <p><span style="font-weight: 400;">Lastly, with the public’s attention captured by the current inflationa