Lyn Alden, a renowned investment strategist, argues that the U.S. has entered a period of “fiscal dominance,” where government deficits are driving monetary policy — a change that could be bullish for Bitcoin (CRYPTO: BTC).
In an appearance on the ‘Less Noise More Signal’ podcast, Alden outlined her views on the current economic environment, the role of Bitcoin, and the challenges facing traditional financial systems.
She argues this shift from the previous era of monetary dominance began around 2016-2017 and is primarily driven by demographic changes as the large baby boomer generation enters retirement.
Its implications for monetary policy are profound since raising interest rates can paradoxically worsen inflation by increasing the government’s debt burden, Alden notes.
“When …
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