Lyn Alden is a macroeconomist and investment strategist. In this interview, we discuss the role of the Fed and central banks, fractional reserve vs free banking, how bitcoin could change these dynamics and if we should actually end the Federal Reserve System.

“We actually now have ways to do fast settlement…payments and settlements that can’t be reversed, it’s starts to show that maybe you actually don’t even need a central bank.”
— Lyn Alden

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TIMESTAMPS:
00:00:00 Central/fractional/free banking
00:12:54 Boom then bust
00:24:39 Revolution or redistribution?
00:31:13 Deflation doom; Debt loop
00:43:59 Bitcoin free banking

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