Lyn Alden spoke about economic tendencies and inflation at the Bitcoin 2022 Conference in Miami. He also transferred gold comments. Lyn Alden Investment Strategy is an investment research company for retail and corporate investors. Here are Lyn Alden’s comments…
Lyn Alden shared his thoughts on the market
Lyn Alden Investment Strategy’s founder Lyn Alden said, “Our high national debt, super high inflation and a possible recession that could turn into a crisis.
Alden, the only time we see large amounts of national debt in the history of the United States in the 1940s II. He announced that he was during World War II. In terms of more interest rate hikes for the year, Alden argued that the Federal Reserve believes how high. “FED may continue to increase the rates until something breaks. I have been on the inflation side for several years. But I am still surprised by the inflation rate we have achieved. When you add a war that is not in this time or scale in this time or scale, it adds an inflationist strength to him.
Gold and BTC are preferred in inflation
Alden, regarding what to do to reduce inflation, “Inflationist pressures deep. Considering how high the level of debt, the FED does not think that the FED has tools to fight properly.
Alden discussed his inflationary appearance and what markets he preferred. In this inflationary environment, Alden said he was optimistic about Latin America, Gold and Bitcoin. “I love the commodity -oriented and valuable stock area. For example, in this latest market turbulence, health services shares are in good condition. We have seen energy pipelines work well because they are less devoted to energy prices. I love real and valuable assets,” he said.
