{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/69d4f193b76468caacc5068f/69d4f1b31d7024f1a701ba2b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"#161 - Lyn Alden - The Inevitable Collapse of The Financial System","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/69d4f193b76468caacc5068f/f89105e1ffa126f6b3598deb30749ff6.png?height=200","description":"<p>Why does everything feel more expensive even when the economy is supposedly \"growing\"? The truth is, the financial system isn't broken - it's functioning exactly as it was designed to</p> <p>In this episode, macroeconomist and author Lyn Alden joins the show to discuss the mechanical reality of the fiat ledger and the global debt trap. </p> <p>We explore how the system forces a silent extraction of wealth from the working class to subsidise sovereign debt, why we are re-entering a 1940s-style era of financial repression, and how corporations (like Coca-Cola) use debt to actively \"short\" the currency you are forced to save in.</p> <p>We also discuss the hidden math behind the cost-of-living crisis, why the system must \"grow or die,\" and how to protect your wealth.</p> <p>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -</p> <p>TIMESTAMPS: 00:00:00 – Slow Financial Collapse 00:02:00 – How Money Actually Works 00:07:30 – End of Gold System 00:12:30 – Why Life Feels Harder 00:18:20 – The Debt Trap 00:26:00 – Who Really Wins 00:34:00 – Why System Persists 00:41:00 – Crisis & Bailouts 00:48:30 – System \"Resembles Theft\" 00:59:20 – Default Explained 01:10:30 – Bitcoin & Alternatives</p> <p>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -</p> <p>CONTACT PETE › Website – <a href= \"http://petermccormack.com\">http://petermccormack.com</a> › Feedback – <a href= \"https://www.petermccormack.com/contact\">https://www.petermccormack.com/contact</a> › Email – <a href= \"mailto:me@petermccormack.com\">me@petermccormack.com</a> › Instagram – /mccormack555 › X/Twitter – <a href= \"https://x.com/petermccormack/\">https://x.com/petermccormack/</a></p> <p>CONNECT WITH LYN ALDEN › Website – <a href= \"https://www.lynalden.com/\">https://www.lynalden.com/</a> › Twitter – <a href= \"https://x.com/LynAldenContact\">https://x.com/LynAldenContact</a></p> <p>SPONSORS › IREN - <a href= \"https://www.iren.com/\">https://www.iren.com/</a> › Saily - <a href= \"https://saily.com/peter\">https://saily.com/peter</a> › Ledger - <a href= \"https://www.ledger.com/\">https://www.ledger.com/</a> › Monetary Metals - <a href= \"https://www.Monetary-Metals.com/McCormack\">https://www.Monetary-Metals.com/McCormack</a></p> <p>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -</p> <p>LISTEN / SUBSCRIBE › Apple Podcasts: <a href= \"https://apple.co/40ruY9K\">https://apple.co/40ruY9K</a> › Spotify: <a href= \"https://spoti.fi/3Wc94Vu\">https://spoti.fi/3Wc94Vu</a> › Fountain: <a href= \"https://bit.ly/FountainPM\">https://bit.ly/FountainPM</a> › YouTube: <a href= \"https://bit.ly/YouTube_PM\">https://bit.ly/YouTube_PM</a> › Rumble: <a href= \"https://bit.ly/RumblePM\">https://bit.ly/RumblePM</a></p> <p>FILMED BY CURTIS TAYLOR › <a href= \"https://www.curttaylor.co.uk/\">https://www.curttaylor.co.uk/</a> › <a href= \"https://x.com/curttayloruk/\">https://x.com/curttayloruk/</a></p> <p>EDITED BY CONOR MCCORMACK › <a href=\"https://x.com/ConorM04\">https://x.com/ConorM04</a></p> <p>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -</p>","author_name":"Peter McCormack"}