On the Margin: The Fed’s Tools Aren’t Made For Fiscal Dominance | Lyn Alden

Supply Shock

In this episode, Lyn Alden joins the show to discuss the economic tensions from fiscal dominance, the major factors driving liquidity, and what to expect under the Trump presidency. We also delve into the dollar wrecking ball, the outlook for Bitcoin, and much more. Enjoy!

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Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!

https://blockworks.co/event/digital-asset-summit-2025-new-york

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Timestamps:

(00:00) Introduction

(00:31) Global Macro Outlook

(02:31) Liquidity Conditions

(08:44) Shifting Treasury Issuance

(12:04) Ads (Ledger, Mantra)

(13:11) Tensions Under Fiscal Dominance

(18:32) Trump Fiscal Outlook

(22:44) Cutting Rates To Zero

(27:38) Energy Outlook

(32:04) Ads (Ledger, Mantra)

(33:36) Interview Continues

(35:45) Trump Vs Reagan Approach

(37:41) Dollar Wrecking Ball

(42:45) Currency Negotiations

(45:39) Bitcoin Big Picture

(50:00) Gold Outlook

(52:18) Bitcoin Outlook

(54:31) Learn More About Lyn’s Work

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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.