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!

—

Follow Lyn Alden: https://x.com/LynAldenContact

Follow Felix: https://x.com/fejau_inc

Follow On The Margin: https://twitter.com/OnTheMarginPod

Follow Blockworks: https://twitter.com/Blockworks_

—

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

—

Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.

MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Key Features:

Built using Cosmos SDK, IBC compatible, with CosmWasm supported

Secured via a sovereign PoS validator set

Scalable up to 10k TPS

Built-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAs

Improved User Experience to onboard non-native users and institutions to Web3

Learn more: https://www.mantrachain.io/

—

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

—

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.

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

Powered by Wave AI