Why a Strong Dollar Is Bad for the US and Bad for the World, Feat. Lyn Alden

Despite the specter of inflation from money printing, the dollar has gained strength. Here’s why that’s a problem - for everyone.

By Nathaniel Whittemore

May 20, 2020 at 7:00 p.m. UTC

Updated Dec 11, 2022 at 7:27 p.m. UTC

Breakdown 5.20-3 — tankist276/Shutterstock.com

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Nathaniel Whittemore

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

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Despite the specter of inflation from money printing, the dollar has gained strength. Here’s why that’s a problem - for everyone.

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This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

The dollar has a unique role in the world due to its reserve currency status. For many years that status has created incredible opportunities for the U.S. Increasingly, however, some are wondering if the global standard has outlived its usefulness - not only for the world but for the U.S., too.

In this illuminating conversation, one of FinTwit’s brightest minds, Lyn Alden, shares her perspective on:

Why we’re at the end of a strong dollar cycle
Why the Federal Reserve is terrified of the global dollar shortage
The difference in creditor vs. debtor nations
The concept of the Triffin dilemma
Why Japan has been able to print money without seeing rampant inflation
Why we have inflationary and deflationary forces competing to influence the U.S. economy
Why debt is going to matter more than ever
What alternatives to the USD system might look like

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Nathaniel Whittemore

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Nathaniel Whittemore