Broken Money Why Our Financial System Is Failing US And How We Can Make It Better 2 06 24

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Princeton Economics

Princeton Economics

Күн бұрын

Пікірлер: 458
@trappart9209
@trappart9209 8 ай бұрын
For some reason my comment was deleted. I am gonna say it again. I think the speaker is brilliant and they added significant value and depth to my knowledge and understanding of this matter. I appreciate it endlessly and hope to see more lectures from Lyn
@bujin5455
@bujin5455 8 ай бұрын
YT likes to do that. Especially when it comes to Bitcoin related subjects.
@cwpv2477
@cwpv2477 8 ай бұрын
happens to me all the time, really spooky, try sayin ur opinion below a political video near impossible once u start quoting or linking sources.
@bujin5455
@bujin5455 8 ай бұрын
@@cwpv2477 The worse parts is the algorithm is adaptive. So the more times you make it mad, the more trigger happy it gets. I make perfectly innocuous messages that getting dropped all the time, simply because I have numbers in them. Like when I was explaining display density in post, and it wasn't having it. It also won't let me defend myself against certain users, no matter how sweet or gentle I am, I simply can't respond to particular users. They just get to make their statement, I can't rebut.
@cwpv2477
@cwpv2477 8 ай бұрын
exact same here man feel u, I always am polite@@bujin5455
@kylewatson5133
@kylewatson5133 6 ай бұрын
@@bujin5455 Israel, anti-gov, bitcoin all gets flagged.
@debbygradley25
@debbygradley25 Ай бұрын
At this moment, things appear to be odd. Inflation is reducing the value of the US dollar, but it is strengthening in comparison to other currencies and commodities like real estate and gold. People are switching to the dollar because they believe it is safer. I worry that the rising cost of living may cause the value of my retirement savings to decline.
@JenniferDavis7630
@JenniferDavis7630 Ай бұрын
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
@Angelinacortez495
@Angelinacortez495 Ай бұрын
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@donaldwayne7023
@donaldwayne7023 Ай бұрын
You seem to know the market better than we do, so that makes great sense. Who is the guide?
@Angelinacortez495
@Angelinacortez495 Ай бұрын
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
@EthanBrown_23
@EthanBrown_23 Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@richardhudson1243
@richardhudson1243 Ай бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@PaulBerlin-y3f
@PaulBerlin-y3f Ай бұрын
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@maiadazz
@maiadazz Ай бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@saraFinn-u6g
@saraFinn-u6g Ай бұрын
Could you possibly recommend a CFA you've consulted with?
@maiadazz
@maiadazz Ай бұрын
My CFA ’Sophia Maurine Lanting’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@michaelstrawberry
@michaelstrawberry Ай бұрын
I searched and located her on the web, I sent her an email, and scheduled a call; hopefully, she will reply because I want to start off the new year financially strong.
@kx5517
@kx5517 8 ай бұрын
Lyn Alden is a treasure. Much respect to the work and brilliance she's devoted towards her career.
@Mrx-011
@Mrx-011 Ай бұрын
is that a man ??
@patrickvaughan432
@patrickvaughan432 9 ай бұрын
Lyn Alden: excellent presentation as always. Princeton: maybe you could bother to use some of that $35 billion endowment to invest in functioning microphones?
@69pepe420
@69pepe420 8 ай бұрын
lmao
@KletoReese
@KletoReese 8 ай бұрын
Absolutely right!
@TheDeathMocker
@TheDeathMocker 8 ай бұрын
Here I thought it was the connection Due to me bieng Within The Netherlands.. 🇳🇱 . Born American- MO, studied with in The Netherlands-BA Buisness IT and Management. Speaking 4 languages, Now I'm jobless and Homeless... its sad haha😥 I really Thought the mic problem was a speaker problem.. -_- 😂
@Old-School-Liberal
@Old-School-Liberal 8 ай бұрын
Don’t forget better cameras 🎥
@atg197
@atg197 6 ай бұрын
The central banker lady didn't put her microphone close enough to her mouth and didn't speak into the mic consistently. It was not a problem with the quality or choice of microphone. Lyn's is closer to her mouth, which is why you can hear her consistently.
@kortyEdna825
@kortyEdna825 5 ай бұрын
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
@brucemichelle5689.
@brucemichelle5689. 5 ай бұрын
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@foden700
@foden700 5 ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 5 ай бұрын
How can I reach this person?
@foden700
@foden700 5 ай бұрын
‘’Aileen Gertrude Tippy’ maintains an online presence. Just make a simple search for her name online.
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 5 ай бұрын
I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
@DeepDiveNFT
@DeepDiveNFT 6 ай бұрын
She is one of the best Econ speakers of our time.
@mrcactus1769
@mrcactus1769 9 ай бұрын
Lyn is an economist, investment expert and engineer. No one better to explain bitcoin and the problems of fiat currency debasement!
@BTCNSDAP
@BTCNSDAP 9 ай бұрын
He really is the best
@morrisv1212
@morrisv1212 8 ай бұрын
@@BTCNSDAPI understand the misconception, but Lyn really is a biological woman…
@paolovita1720
@paolovita1720 8 ай бұрын
She's good at explaining the problems of fiat currencies, but not good at all at explaining the problems of BTC, among which the extreme volatility, the transaction costs, and the insane energy consumption.
@googlesmostwantedfrog147
@googlesmostwantedfrog147 8 ай бұрын
​@@BTCNSDAPI think Len Alden is the smartest man in Bitcoin!
@albertbas2837
@albertbas2837 7 ай бұрын
Is that a man or a woman ?😂
@Bridget-l7p
@Bridget-l7p Ай бұрын
Because of the US economy's importance to the global economy, its instability has far-reaching implications. In such circumstances, safe-haven assets such as those with high FA and cryptocurrencies provide security. Investors must prioritize asset protection, diversification, and balanced portfolios in order to weather market volatility.
@RobertBrown..
@RobertBrown.. Ай бұрын
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
@DavidLucas-so8rr
@DavidLucas-so8rr Ай бұрын
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@SarahTaylor_
@SarahTaylor_ Ай бұрын
That makes perfect sense; you seem to have a better understanding of the market than we do. The coach is who?
@DavidLucas-so8rr
@DavidLucas-so8rr Ай бұрын
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
@EthanBrown_23
@EthanBrown_23 Ай бұрын
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
@benjamindavidson22
@benjamindavidson22 5 ай бұрын
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
@JordanPortales
@JordanPortales 5 ай бұрын
Just get a financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but I'm comfortable in my financial environment.
@Johnlarry12
@Johnlarry12 5 ай бұрын
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
@carolpaige2
@carolpaige2 5 ай бұрын
Who is your advsor please? if you don't mind me asking
@Johnlarry12
@Johnlarry12 5 ай бұрын
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.
@carolpaige2
@carolpaige2 5 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@timedowntube
@timedowntube 7 ай бұрын
That the Princeton Center for the Decentralization of Power Through Blockchain Technology (DeCenter) exists at all shows that ther is real hope for humanity going forward
@mk1fourwinds62
@mk1fourwinds62 8 ай бұрын
Bummer about the sound. Love listening to Lyn. She brings clarity and pragmatism.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@TheTapeWhisperer
@TheTapeWhisperer 9 ай бұрын
been watching lyn for a long time, never disappoints. Great analysis and explanation
@soomld
@soomld 9 ай бұрын
Thank you Lyn for the talk and princeton for organizing the talk and sharing to youtube!
@NS-ht6gg
@NS-ht6gg 5 ай бұрын
Audio staff need to have a stern talk with these people concerning the nature of directional mics and what the live stream will pick up vs what's heard when you're actually in the room. Other than that, very grateful for this talk and the book is awesome :)
@jimjones3482
@jimjones3482 9 ай бұрын
I hope the students viewing this act on the knowledge Lyn bestowed upon them. It will change their lives.
@SurrenderPink
@SurrenderPink 8 ай бұрын
Huge Lyn Alden fan. It gives me great joy to celebrate her continued success. I never miss the chance to hear her views. However, the straight answer to the question asked at (43:22) re: tax reporting is yes, a U.S. citizen is required to provide a social security number in addition to other qualifying personal information per 'KYC' ( Know Your Client) rules. All transactions are subject to taxation and reported to the I.R.S.
@DeFi-Macrodosing
@DeFi-Macrodosing 9 ай бұрын
Lin Alden spreading the word of enlightenment.
@mikestaub
@mikestaub 9 ай бұрын
Lyn is a national treasure.
@DeFi-Macrodosing
@DeFi-Macrodosing 9 ай бұрын
*International.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@errans_luxx
@errans_luxx 9 ай бұрын
Lyn is so efficient. Less than half an hour to condense the history, function and impacts of evolving monetary technology.
@derek.seaborn
@derek.seaborn 9 ай бұрын
Just leaving a comment to show love for Lyn and her work!
@Nikzww187
@Nikzww187 9 ай бұрын
Lyn is quite literally the GOAT 🐐
@bearmarkettradeideas
@bearmarkettradeideas Ай бұрын
Why does the mic cut out with distortion every time a Central banker speaks? Including Powell’s.
@vincentchanbiz
@vincentchanbiz 9 ай бұрын
As an engineer like Lyn, she sure can talk about a topic in terms of system thinking and in a way that everyone can understand.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@scottnovitsky9253
@scottnovitsky9253 9 ай бұрын
Lyn for president 2024
@lesmadhavji3164
@lesmadhavji3164 8 ай бұрын
YOU BECOME PRESIDENT IF YOU KNOW YOU CAN SCREW OTHER COUNTRY, INFULENCE TO GEGALLY STEAL IN THE DAYLIGHT , AND NOTHING ANYBODY CAN DO, ITS BENIFITING SOME ONE BUT NOT YOU, WHO SAYS IT HAS TO BENIFIT YOU IN WHERE YOU ARE , YOU SOUND GOOD BUT IS NOT DOABLE, IF YOU DID YOUR WAY THEN YOU CANT BE IN POWER , SURVIVE BEST YOU CAN ,
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@WalkerAmerica
@WalkerAmerica Ай бұрын
Lyn is absolutely fantastic.
@NEEDcreations
@NEEDcreations 9 ай бұрын
here before 100k. keep stacking sats everyone! - NEED
@RiAirgead
@RiAirgead 9 ай бұрын
Princeton desperately needs to up their mic game. (ps. Lyn is the goat - obv.)
@gavincrouch
@gavincrouch 9 ай бұрын
They are directional mic's, you have to 'talk into' the mic. Lyn seems to have a better understanding of how it works - keep the mic close, talk toward it and not away from it.
@juanbarberis7192
@juanbarberis7192 9 ай бұрын
@@gavincrouch Probably, but this is Princeton - not a community college in the middle of nowhere. They should be prepared!
@gavincrouch
@gavincrouch 9 ай бұрын
@@juanbarberis7192 I'm not disagreeing, I was expanding upon the original post just stating the facts on what they have there. Yes, they need better equipment or at least a sound engineer to guide the speaker on proper use, apologies for not making it clearer.
@cecilechau7932
@cecilechau7932 9 ай бұрын
What does goat mean ?😅
@RiAirgead
@RiAirgead 9 ай бұрын
Greatest Of All Time @@cecilechau7932
@ELIOSANFELIU
@ELIOSANFELIU 8 ай бұрын
Lyn Alden is amazing¡¡¡
@vakeone
@vakeone 9 ай бұрын
I hope former Professor Krugman was in attendance. Could learn a thing or two.
@marc-andreducharme3648
@marc-andreducharme3648 8 ай бұрын
Not a fan of Krugman at all, but Alden is a dummy.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@EverybdyLies
@EverybdyLies 5 ай бұрын
@@KoDeMondo ? please explain
@jamesanthony5066
@jamesanthony5066 Ай бұрын
@@marc-andreducharme3648 agreed.
@KittyCatClub526
@KittyCatClub526 Ай бұрын
@@marc-andreducharme3648 How? What did she say that was inaccurate? Did you just not understand it?
@gpatkinson
@gpatkinson 9 ай бұрын
Lyn, thank you so much for giving such a wonderful talk at Princeton. You are the perfect ambassador for Bitcoin and for sound money generally.
@cwpv2477
@cwpv2477 8 ай бұрын
ty lyn and congrats
@rodneytaylor2054
@rodneytaylor2054 8 ай бұрын
Great lecture and excellent book by the way.
@SerSleepy
@SerSleepy 9 ай бұрын
Lyn is the 🐐🐐🐐
@pooh6546
@pooh6546 9 ай бұрын
Lyn is by far one of the best person out there in the financial/economics world. Good heart and level headed words. Thanks for everything Lyn❤. P.S- Princeton needs a better person to moderate questions and who are these people asking taxation and hacking questions? Do some research guys come on. Also get better mics
@ralfhildenbrand2698
@ralfhildenbrand2698 Ай бұрын
Lyn you are brilliant. Thank you!!
@trishhaines7151
@trishhaines7151 9 ай бұрын
Loved Lyn's clear, concise analysis and the thoughtful questions. Lyn should speak at every university, educating with integrity. Make those degrees worth something!
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@Robbinsoul_Cruzzo
@Robbinsoul_Cruzzo 9 ай бұрын
Mic situation ruined it 😢
@wayne_george
@wayne_george 8 ай бұрын
What was the mic issue?
@TheRealDerekS
@TheRealDerekS 9 ай бұрын
Lyn is on it. Beautiful presentation. Bitcoin is a Power Law.
@WalksOfWonder-BC
@WalksOfWonder-BC 9 ай бұрын
Excellent presentation! Lyn is always on point.
@jordanting705
@jordanting705 9 ай бұрын
Lyn, my fav teacher on macro. Wish she was my finance professor back then. I would have taken a very different career route.
@kraz007
@kraz007 9 ай бұрын
Kudos for inviting Lyn
@CMRHM
@CMRHM 9 ай бұрын
This is the best explanation regarding monetary system along with PlanB explanation for BTC scarcity character, bravo!
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@stevenberge4238
@stevenberge4238 9 ай бұрын
Also check out International Movement For Monetary Reform and Alliance For Just Money.
@derek.seaborn
@derek.seaborn 9 ай бұрын
Lyn is so elegant and polite.
@googlesmostwantedfrog147
@googlesmostwantedfrog147 8 ай бұрын
He certainly is
@JonnyBeoulve
@JonnyBeoulve 6 ай бұрын
Agreed.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@gusgalvanini
@gusgalvanini 8 ай бұрын
Lyn is awesome! #Bitcoin for the world
@danlemmon2739
@danlemmon2739 9 ай бұрын
The creation of the federal reserve bank is the elephant in the room.
@BTCNSDAP
@BTCNSDAP 9 ай бұрын
Really? I think Lyn’s gender is the bigger elephant in the room
@johnmaris1582
@johnmaris1582 9 ай бұрын
The key differences is autonomous separate institution from politic. Egypt or Argentina doesn't have that but advanced countries do.
@pinecone9045
@pinecone9045 9 ай бұрын
@@BTCNSDAP Gaslight is the new religion to stave off thinking.
@googlesmostwantedfrog147
@googlesmostwantedfrog147 8 ай бұрын
​@@BTCNSDAPLen Alden being one of the same Ethnic group that owns the Federal Reserve Bank is another kettle of fish
@marck6290
@marck6290 9 ай бұрын
It's mesmerizing to listen to Lyn. She's so clear and articulate and also a natural narrator, when she links explanations of concepts with stories from real examples - one gets captivated by the storytelling and rock solid logic
@degrelle1
@degrelle1 9 ай бұрын
Yes he is
@tuckerbugeater
@tuckerbugeater 9 ай бұрын
He is quite handsome
@superstar5123
@superstar5123 9 ай бұрын
he
@kreyvicalexander89
@kreyvicalexander89 9 ай бұрын
The irony of boasting about technological advancements in a mic that doesn't work.
@Hunting4Data
@Hunting4Data 8 ай бұрын
Broken money was a fantastic read. Im jelous of everyone who got to see her talk live.
@MisterViago
@MisterViago Ай бұрын
Lyn is a hero
@hobonickel840
@hobonickel840 Ай бұрын
Which bitcoin? The current dominating btc is highly controllable.. There have been many that have had btc but couldn't move it. Granted they were criminals but still the mechanism is there in blockchain ...you just simply control the exchange points
@canders8779
@canders8779 8 ай бұрын
I'm a bit confused. The moderator is Carolyn Wilkins, the former senior deputy governor of the Bank of Canada. About as much a central banker as they come.
@aaroncrandal
@aaroncrandal 9 ай бұрын
Uh, 58:42...... Why was the response censored?
@ce5983
@ce5983 8 ай бұрын
the last questions were all asked at once and Lyn responded to that question @1:04:07
@bujin5455
@bujin5455 8 ай бұрын
Because YT hates freedom, and they are extra draconian when it comes to BTC subjects.
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@Asmodai2011
@Asmodai2011 9 ай бұрын
Their aim is to guide everyone into digital monetary confinement. Within this framework, they possess the ability to generate unlimited money and siphon it off through their choosing of "dilution" or "inflation". These tactics would work the same as a stock split, but applied to the digitized currency throughout the entire system-a deceptive strategy reliant on mathematical manipulation.
@elalemiami2118
@elalemiami2118 9 ай бұрын
Lyn the goat.
@bitcoindaddy1
@bitcoindaddy1 9 ай бұрын
Love how the boomers are trying to figure out there cap gains while Lyn schooling them with hard money 😂🤡
@The3rdTower
@The3rdTower 9 ай бұрын
Regarding the question about an extreme situation where only one person hoarded all the Bitcoin. In this case all the others would be happy to have sold all their Bitcoin to him. Lyn is correct in saying that they would then simply choose another form of currency which will have a new network effect. Let the hoarder keep all the Bitcoin and let the others wonder for what purpose he keeps them. Let this be a warning to any would-be hoarder of Bitcoin. You want the playground all to yourself? Well then, you can play alone. In the early days, it was not uncommon for early adopters to give away their Bitcoins to increase the size of the network.
@jamespeterbrannan
@jamespeterbrannan 9 ай бұрын
What happened to the response at the 58.30 mark?
@MaximusMongoose
@MaximusMongoose 9 ай бұрын
I was thinking the same thing.
@alexandre5341
@alexandre5341 9 ай бұрын
The most important question was cut? Bitcoin is a fraud!
@thethan3
@thethan3 9 ай бұрын
That's an important question to be completely edited out without notice.
@thethan3
@thethan3 9 ай бұрын
@@rationalevidence9095 That's clearly not correct, and uses circular reasoning of apples to oranges. As such clearly not rational. To contradict you, divisibility of a fungible good known as money in no way changes the overall store of value, only the collective use of that money (in circulation) changes value to find equilibrium but may be skewed towards producers or consumers; depending on who is dominant; most of the time in concentrated oligopoly producers are dominant. Needless to say, a fraction of a whole is always a fraction of a whole, and divisibility does not change value. Concentration cycles or sieving cycles are dynamic cycles that occur regularly in any monetary system that impact the price spent on goods. Pre-fiat currency this was more inefficient because some industries are seasonal requiring significant investment upfront which removes the currency from use naturally slowing growth, but preventing boom/bust cycles except in certain extraordinary circumstances (i.e. acts of god). Under fiat, the inflation creates boom bust cycles whenever risk management cannot account for the risks (frauds); which over a great length of time is it can never account for the risks (because people don't have futuresight, and bad actors can defraud the system). BTC has an unknown quantity of leverage, from fiat money underpinning it, as do any systems that allow converting to or from dollars. This ability to easily exchange makes it simple to sieve without being able to print money in BTC, and through controlling the money in circulation the dominant player can effectively tax the value in a non measurable way for those holding the currency through non-visible or alerting boom/bust cycles of controlled holding/buyback flooding indirectly through financial instruments (i.e. accumulation, markup, distribution, markdown). Deflation like Inflation eventually forces producers to stop producing when the exchange no longer makes a profit. Additionally, BTC's proof of work is inherently based on distributed blockchain technology. 51% attacks on that technology allow those parties to alter the blockchain itself. To date no adequate solution for these dynamical problems has been examined rationally, and more than likely there isn't an adequate solution since value is subjective and cannot be measured as a unit, and concentration by a interested party is inevitable in dynamic systems, through subtle market manipulation, and economic calculation is required but becomes impossible under such systems over time (Mises). The people who use and rely on currency as a store of value have goods and needs that must be met, usually living expenses they don't typically have the option of not using money. Eventually liquidity from individuals will be concentrated creating circumstances for illiquid breakdowns endangering the monetary system with no tools to resolve. The people who use currency as a means towards rent-seeking behavior have no such needs or demands, and are more financially stable than individuals with more options so can take advantage of the swings at each end of a value swing, accumulating more which deflates or suppresses the associated assets. You see this quite often in the options, derivatives, and futures market related to silver and gold spot at the COMEX (where it looks like paper contracts in volumes exceed the amount of backed assets (registered) account for more than the registered amounts). As such, this is an important question, and it currently doesn't have a rational solution. Price level is not value.
@alexandre5341
@alexandre5341 9 ай бұрын
@@rationalevidence9095 That is not a explanation bc those who mined bitcoin with geforce at home and earned 50btc per block would have more financial power than JP Morgan bank
@anthonyriseley
@anthonyriseley 9 ай бұрын
Nice one Lyn!
@artpatron719
@artpatron719 9 ай бұрын
Excellence
@lamebrisee
@lamebrisee 9 ай бұрын
read lyn s book twice already and will certainly read a 3rd time . she rocks !
@TSOTruth
@TSOTruth 9 ай бұрын
Brilliant lady.
@dtb7872
@dtb7872 9 ай бұрын
Lynn understands how money works and how it should work better than these bankers.
@elfriederich
@elfriederich 9 ай бұрын
Fantastic. Thanks for sharing.
@nac341
@nac341 9 ай бұрын
Great talk and speaker, very informative
@Ngutech
@Ngutech 9 ай бұрын
Humanity will be much better off if we all agree to separate money from state.
@philipoakley5498
@philipoakley5498 8 ай бұрын
~50:00 - capital gains on bit coin value, being liquid, are quite possible (even though they stated that capital gains needed to be ‘realised’). Asset taxes are also possible, especially if the asset itself isn't portable (see UK, Abramovitch (Russian Oligarch), Chelsea football club and GarysEconomics)
@Blitcliffe
@Blitcliffe 9 ай бұрын
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
@Defisher
@Defisher 9 ай бұрын
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
@Damncars456
@Damncars456 9 ай бұрын
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@MakeamericaGreatagain-h7j
@MakeamericaGreatagain-h7j 9 ай бұрын
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
@Damncars456
@Damncars456 9 ай бұрын
NATALIE ANN BRINKMAN is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@Tsunaniis-j5l
@Tsunaniis-j5l 9 ай бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@mikerudinsky
@mikerudinsky 9 ай бұрын
I wish they kept the central banker in front of, and facing the microphone. She kept cutting in and out depending on where she was faced.
@galaxymetta5974
@galaxymetta5974 8 ай бұрын
An economy that survives on borrowing and printing money to support private and public consumption cannot be sustainable.
@markstewart6069
@markstewart6069 Ай бұрын
Princeton ??? Whaaa
@sieglines
@sieglines 9 ай бұрын
Great video!
@StuffBudDuz
@StuffBudDuz 9 ай бұрын
If you're using highly directional microphones, don't sit the participants next to each other, sit them opposite each other, so they're talking into the mic.
@_datapoint
@_datapoint 9 ай бұрын
Lyn is my hero.
@googlesmostwantedfrog147
@googlesmostwantedfrog147 8 ай бұрын
He has a Secret Identity as well
@kylehagan3007
@kylehagan3007 8 ай бұрын
I turn off anything I’m listening to when I see Lynn pop up KZbin
@redgatecrt
@redgatecrt 9 ай бұрын
Audio is terrible
@bartech101
@bartech101 9 ай бұрын
Every question had one common thing. Government is the problem. Let that sink in.
@xxxxMonkeyGirlxxxx
@xxxxMonkeyGirlxxxx 9 ай бұрын
More like politicians are the problem. They are the ones making the rules after all.
@erikanderson1402
@erikanderson1402 8 ай бұрын
Pretty dumb take… everybody who says this doesn’t hate government. They just want to have the government’s power… with no democratic accountability. See Tether.
@bartech101
@bartech101 8 ай бұрын
You know better if I hate government or not, sure. Dumb comparison on your part. How Tether have same power as the government to spy or tax you or do whatever they want? Tether have none, you can walk away and move your business to somewhere else. Try the same with US government, good luck. US gove want to track all your transactions no matter which crypto or exchange you use. They force KYC on everybody. Also democratic accountability is a joke@@erikanderson1402
@MemoryDealer
@MemoryDealer 8 ай бұрын
@@erikanderson1402 "everybody who says this doesn’t hate government. They just want to have the government’s power" ...have you ever heard of anarchism? Some people just want to live in peace.
@erikanderson1402
@erikanderson1402 8 ай бұрын
@@MemoryDealer yea and most people don’t understand what anarchism actually is… considering anarchism requires abolishing capitalism
@BTCNSDAP
@BTCNSDAP 9 ай бұрын
This dude knows his stuff!
@mueller7652
@mueller7652 9 ай бұрын
49:06 No offense but how could this gentleman used to be the chief finance and not knowing anything about Carl Menger's Subjective Theory of Value 😮
@KoDeMondo
@KoDeMondo 5 ай бұрын
Wake up people!!! If Princeton university promote BITCOIN I hope you understand what is the agenda!
@senturi9645
@senturi9645 Ай бұрын
The VOICE 😨
@peterrenda1352
@peterrenda1352 Ай бұрын
The goat
@RicardaWindsheimer
@RicardaWindsheimer 27 күн бұрын
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
@MemoryKasu
@MemoryKasu 27 күн бұрын
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
@Agatha.wayne0
@Agatha.wayne0 27 күн бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@mthreezo
@mthreezo 27 күн бұрын
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
@Agatha.wayne0
@Agatha.wayne0 27 күн бұрын
I've stuck with ‘Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@GersderaNioer
@GersderaNioer 27 күн бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
@Anitajonse
@Anitajonse 9 ай бұрын
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America
@melia588
@melia588 9 ай бұрын
Same here, with my current portfolio made from my investments with my personal financial advisor I totally agree with you
@reed229
@reed229 9 ай бұрын
Wow! Kind of in shock you mentioned expert,elizabeth ann graney. What a coincidence!!
@jacquelynbaker1140
@jacquelynbaker1140 9 ай бұрын
Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's
@neshabrown6750
@neshabrown6750 9 ай бұрын
Life is easier when the cash keeps popping in, thanks to Elizabeth Ann graney services. Glad she's getting the recognition she deserves
@WillSmith-or6uy
@WillSmith-or6uy 9 ай бұрын
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
@liamporter1137
@liamporter1137 9 ай бұрын
Central government will not allow crypto currency to be widely used in their country. Government needs to control the country and economy through local currency exchange rate, how's much to print etc.
@itssteve6018
@itssteve6018 9 ай бұрын
Nah. You're wrong. China attempted to ban Bitcoin. They failed. One of the most authoritarian countries on the planet failed. You're way out of touch.
@mikemcglauflin8985
@mikemcglauflin8985 7 ай бұрын
Money requires trust. Without trust it does not work.
@19battlehill
@19battlehill 8 ай бұрын
Celo token uses phones and people's phone numbers -- it has USD as stable coin. People in countries with inflation problems can use Celo to get USD and pay for things in USD.
@deedub87
@deedub87 9 ай бұрын
Jesus fuck, the question part is unlistenable. How can this place in 2024 not have their audio dialed in, to at least a reasonable level. First question I don't even know what it was.
@traviswes7082
@traviswes7082 9 ай бұрын
Three years ago, nobody could have foreseen the current state of the U.S. economy. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.
@lucasanderson8993
@lucasanderson8993 9 ай бұрын
These are the conditions in which life-changing money is made by those who remain calm, patients, and take controlled risks. Volatility goes both ways, the bigger the red candles, the bigger the green ones.
@chrisbluebird5037
@chrisbluebird5037 9 ай бұрын
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
@selenajack2036
@selenajack2036 9 ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@chrisbluebird5037
@chrisbluebird5037 9 ай бұрын
"Heather Lee Larioni" maintains an online presence. Just make a simple search for her name online.
@mesutserim1595
@mesutserim1595 9 ай бұрын
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing.
@JR-gj3fx
@JR-gj3fx 6 ай бұрын
Q & A audio went south.
@user-ln5hg8oi7f
@user-ln5hg8oi7f 9 ай бұрын
Great book this smart lady wrote 👌👍
@jorgesamanez4011
@jorgesamanez4011 9 ай бұрын
Lady? Why IT have this voice so manly?
@superstar5123
@superstar5123 9 ай бұрын
this is a man not a woman
@phillee8666
@phillee8666 7 ай бұрын
Why it is broken? Because it is too easy to print. As for today, the 10 year federal debt rate is 4.67%, 30 year 4.78%, ... It is easy to calculate how much interest payment will be after all the old debts being replaced by the new ones with those rates. The yearly interest only payment for the federal government with 34 trillions debts will be about 1.56 trillions/y. That is almost double the yearly military spending.
@DukeFan99
@DukeFan99 9 ай бұрын
Awesome presentation
@martinlutherkingjr.5582
@martinlutherkingjr.5582 9 ай бұрын
Lyn knows his stuff
@DeFi-Macrodosing
@DeFi-Macrodosing 9 ай бұрын
*her
@juana7035
@juana7035 9 ай бұрын
​@@DeFi-Macrodosinglooks and speaks like a he/him/his
@JonnyBeoulve
@JonnyBeoulve 6 ай бұрын
The questions were unbelievably bad by attendees. Shame that Lyn had to waste her time with them.
@ivn87gg666g
@ivn87gg666g Ай бұрын
Lol the the chief of egypt finance part tho
@__Wanderer
@__Wanderer 9 ай бұрын
What was wrong with the mic, interviewer needs to speak into mic lol.. xD Volume threshold was too low. BTC is a part of the future, surprises me some people can't see this yet. If you truly understand the "traditional" system you would be disgusted.
@ChrisMusty
@ChrisMusty 9 ай бұрын
d... en.... pr..... bu..... gi.... li.... pr..... Lyn 👌
@phillee8666
@phillee8666 7 ай бұрын
Chinese government debts is about 4.23 trillions USD. It is way lower comparing with the US in terms of percentage of GDP. Not to mention that Chinese government owns a lot of national assets including: state owned companies, railways, highways, and almost all of the land is owned by the Chinese government. If you calculate the net debt/asset, Chinese government is net assets instead of net debts. If you are the owner of a land, you would want to invest huge money to increase the value of the land. That is what Chinese government has been doing in the infrastructures in China such as high speed railways, bridges, highways, 5G communication systems, ports, even schools, hospitals, ... etc. Chinese government invested in those infrastructures to increase the value of the land Chinese government owns and these are all good investments in terms of booming the local economies.
@jllacrosse
@jllacrosse 9 ай бұрын
It just takes 1 person to screw up a great program! Hopefully they will read the comments & rapidly fix & set up an automated tracking & ALERT SYSTEM 🎉
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