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.

May 20, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 8:43 a.m. UTC

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

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

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

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.