Episode

TIP815: Lyn Alden on Why Fiscal Dominance Changes Everything

Podcast
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Published
May 18, 2026
Duration seconds
4107
Processing state
not_requested
Canonical source
https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC7983394193.mp3?updated=1779005594
Audio
https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC7983394193.mp3?updated=1779005594
JSON
/v1/public/podcasts/the-investor-s-podcast-we-study-billionaires-the-investor-s-podcast-network-793331/episodes/tip815-lyn-alden-on-why-fiscal-dominance-changes-everything
Markdown
/podcast/the-investor-s-podcast-we-study-billionaires-the-investor-s-podcast-network-793331/tip815-lyn-alden-on-why-fiscal-dominance-changes-everything.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/the-investor-s-podcast-we-study-billionaires-the-investor-s-podcast-network-793331/episodes/tip815-lyn-alden-on-why-fiscal-dominance-changes-everything/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/the-investor-s-podcast-we-study-billionaires-the-investor-s-podcast-network-793331/tip815-lyn-alden-on-why-fiscal-dominance-changes-everything.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

Stig Brodersen welcomes back renowned macroeconomist and bestselling author Lyn Alden. They explore fiscal dominance, gold, energy markets, and the shifting role of the U.S. dollar in a more fragmented global economy. Lyn also explains why higher interest rates may no longer slow inflation the way they once did, and what this changing macro regime means for investors. IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro(00:02:24) Why you can’t ignore macro in the era of fiscal dominance(00:13:00) How to think about treasuries and gold with respect to their dilution rates(00:18:08) Who benefits and who loses from a strong dollar domestically and internationally(00:24:31) Who are the winners and losers from higher oil prices across countries and sectors(00:32:02) Whether you are benefiting from fiscal deficits as an investor and consumer(00:34:25) Why price controls won’t solve the problem(00:52:24) Why the biggest companies essentially short the US dollar Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Track ⁠⁠⁠The Intrinsic Value Portfolio⁠⁠⁠. Lyn Alden’s book, Broken Money. Lyn Alden's free website. Our interview with Lyn Alden about Dollar Dominance Decline. Our interview with Lyn Alden about Investing during Fiscal Dominance. Our interview with Lyn Alden about Gold. Our interview with Lyn Alden about Currencies and Debt. Our interview with Lyn Alden about her book, Broken Money. Barry Eichengreen’s book, Money without Borders. Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠…