TIP533: How the Fed went Broke w/ Lyn Alden

<p>Stig brings back one of our most popular and thoughtful guests, investment expert Lyn Alden. Together, they discuss how the Fed went broke and what the implication is for us as investors.&nbsp;</p><p><br></p><p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>01:28 - What is on the balance sheet of the FED.</p><p>07:32 - Why the Fed should be profitable.</p><p>11:36 - Should central bankers be elected?&nbsp;</p><p>21:09 - Why Lyn is bullish on India and Brazil.</p><p>36:39 - Whether the commercial bank system will allow a central bank digital currency.&nbsp;</p><p>41:20 - How to build a monetary system for Argentina.</p><p>49:12 - How to build a portfolio optimizing for both sleeping well at night and independence.&nbsp;</p><p>54:00 - How do we know that what we know about financial markets is true.</p><p>58:40 - Why you’re too concentrated if you’re super excited about your portfolio.</p><p>1:01:50 - How to spend money to optimize for happiness.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Listen to our interview with Lyn Alden about <a href="https://link.chtbl.com/WSB491" rel="noopener noreferrer" target="_blank"><strong>Macro and the energy market</strong></a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/macro-and-the-energy-market-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Listen to our interview with Lyn Alden about <a href="https://link.chtbl.com/WSB462" rel="noopener noreferrer" target="_blank"><strong>Money</strong></a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/what-is-money-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Listen to our interview with Lyn Alden about <a href="https://link.chtbl.com/WSB426" rel="noopener noreferrer" target="_blank"><strong>Gold and Commodities</strong></a><str