Is Hyperinflation Coming? with Lyn Alden

“I expect the 2020s to be a pretty inflationary decade. Now hyperinflation has not been my base case in developed markets, but I don’t rule it out as a possibility.” — Lyn Alden Location: Remotely Date: Monday 25th October Company: lynalden.com Role: Macroeconomist Over the last 18 months, Bitcoin has had an astronomical rise, not just in price. It has gone from a niche asset driven by retail to being held on the balance sheet of some of the most forward-thinking corporations in the world. Not only that, El Salvador's groundbreaking legislation made Bitcoin legal tender.  During this time, the fiat currency experiment looks to be coming apart at the seams. Over the last 18 months, more than $5 trillion dollars have been created in the US alone. This increasing supply of money is driving prices higher. CPI in the US is now at 5.4%, and while the FED continues to claim inflation will be transitory, this looks highly doubtful. How high will inflation go, and is bitcoin truly a hedge? In this interview, I talk to macroeconomist and investment strategist Lyn Alden. We discuss the rising commodities markets, if we are likely to see wide-scale hyperinflation and the pros & cons of Bitcoin futures ETFs. This episode’s sponsors: Gemini - Buy Bitcoin instantly BlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts Bitcoin Casa - The leading provider of Bitcoin multisig key security. Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets. Ledger - State of the art Bitcoin hardware wallet Compass Mining - Bitcoin mining & hosting ----- WBD415 - Show Notes ----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.