TIP574: Broken Money 1/2 w/ Lyn Alden

<p>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;</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>03:50 - Why the current monetary system is broken</p><p>08:02 - What commodity money is and why it’s relevant to understand today</p><p>28:33 - Why the fractional banking reserve system is like a game of musical chairs</p><p>47:36 - How important the strength of the US military is for backing the US dollar</p><p>51:17 - How debasement of currencies can fund wars</p><p>1:01:31 - The role fiat currencies have played in wars</p><p>1:06:02 - How do wealthy countries push inflation and volatility to emerging countries?</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>Lyn Alden’s book, Broken Money – <a href="https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6?&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=287acfeda4d0674f9521f600265a47f2&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Read reviews here</strong></a><strong>&nbsp;</strong></li><li>Listen to our interview with Lyn Alden about <a href="https://link.chtbl.com/WSB533" rel="noopener noreferrer" target="_blank"><strong>How the Fed Went Broke</strong></a>, or watch the <a href="https://www.theinvestorspodcast.com/episodes/how-the-fed-went-broke-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Tune into our interview with Lyn Alden about&nbsp;<a href="https://link.chtbl.com/WSB491" rel="noopener noreferrer" target="_blank"><strong>Macro and the energy market</strong></a>,&nbsp;or watch the&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/macro-and-the-energy-