Lyn Alden: "The Myth of Frictionless Finance"
The Great Simplification with Nate Hagens
Release Date: 03/13/2024
The Great Simplification with Nate Hagens
This week’s Frankly is the second in a three-part series on the role oil plays in modern civilization, prompted by the recent flow disruptions and geopolitical conflict surrounding the Strait of Hormuz. This installment explores how modern society has been built on the assumption of cheap and abundant energy, and what happens when that assumption breaks down. Nate describes the ways our built systems, including food production, water treatment, manufacturing, and global trade, are calibrated to cheap energy inputs, and how processes that look economically efficient are often deeply...
info_outlineThe Great Simplification with Nate Hagens
This week’s Frankly is the first in a three-part series on the role oil plays in modern civilization, prompted by the recent flow disruptions and geopolitical conflict surrounding the Strait of Hormuz. This initial installment covers some foundational concepts of The Great Simplification platform, including what oil actually is, what it does for us, and why most of us never see any of it. Nate begins by describing how oil formed from the compression of ancient marine phytoplankton over millions of years, framing it as a solar battery that took geological time to charge and that humans are...
info_outlineThe Great Simplification with Nate Hagens
Between global crises and personal problems, modern life is overflowing with things to worry about, including many issues that feel too big to even address. Yet, our ability to influence these problems and how much we worry about them are not equal to each other – and in fact, getting lost in thoughts of anxiety can reduce our ability to act. Given the direct line between individual inner states and civilizational dysfunction, what global change might be possible if we train ourselves to observe thought, rather than be unconsciously consumed and paralyzed by it? In this episode, Nate is...
info_outlineThe Great Simplification with Nate Hagens
This week's Frankly is another in a recurring series, Uncomfortable Questions in Unsettled Times, where Nate poses questions about our shared future. Today he focuses on the unfolding crisis in the Persian Gulf, unpacking hidden implications that aren’t covered by the headlines. Nate opens by examining how behind-the-scenes geopolitical decisions at the highest level create a widespread ripple effect – influencing everything from oil production to water desalination to fertilizer and food systems. He considers the risk of continued geopolitical conflict as global alliances shift, as well...
info_outlineThe Great Simplification with Nate Hagens
As the war in Iran creates chaos in every domain of life, the already-fragile energy systems of many countries find themselves on the brink of crisis after spending decades investing in natural gas infrastructure, largely supplied by Middle Eastern countries. With projected natural gas prices now spiking across the world, a growing number of nations are re-prioritizing energy security over energy convenience – calling into question the types of electricity generation needed for their citizens as they look to the coming decades. Could this lead to calls for a nuclear power revival in the...
info_outlineThe Great Simplification with Nate Hagens
In this episode, Nate offers a personal reflection on the unfolding geopolitical tensions surrounding the Strait of Hormuz, beginning with an examination of how disruptions to fossil fuel flows propagate through the global economy, but with a time lag. He points out how many of the world’s countries rely heavily on imported fossil fuels, as well as the potential impact on California’s already high gas prices. Nate also contrasts the relative insulation of those in the United States with the far greater exposure of those living in Asia, Europe, and Africa, outlining how second- and...
info_outlineThe Great Simplification with Nate Hagens
The conversation around artificial intelligence has been captured by two competing narratives – techno-abundance or civilizational collapse – both of which sidestep the question of who this technology is actually being built for. But if we consider that we are setting the initial conditions for everything that follows, we might realize that we are in a pivotal moment for AI development which demands a deeper cultural conversation about the type of future we actually want. What would it look like to design AI for the benefit of the 99%, and what are the necessary steps to make that...
info_outlineThe Great Simplification with Nate Hagens
This week’s Frankly marks a turning point in the work of The Great Simplification. Having spent twenty years articulating the more-than-human predicament, Nate shifts from diagnosis to direction as current events – including conflict in the Strait of Hormuz – accelerate the timeline. Today Nate shares a first-pass framework for action and response that’s organized around what to do now, which could be applied to various places and at multiple scales. The framework begins with a personal foundation of inner work: stabilizing the nervous system, recapturing a sense of agency, doing...
info_outlineThe Great Simplification with Nate Hagens
The number of couples struggling to become pregnant due to unexplained infertility is growing at an alarming rate across the globe. Alongside this concerning rise is the growing awareness of how endocrine disrupting chemicals (EDCs) – particularly those found in plastics and personal care products – are negatively affecting our hormonal health and overall well-being. If we removed or reduced EDCs from the environments of couples struggling to conceive – dramatically reducing their exposure – is it possible their fertility would be improved? In this episode, Nate is joined by Dr....
info_outlineThe Great Simplification with Nate Hagens
This week's Frankly marks the second installment of Nate's recurring series, Uncomfortable Questions in Unsettled Times, where he poses questions about our shared future. While the first edition posed broad questions about civilizational trajectory, today's episode is prompted by the Iran situation and what happens when geopolitics stops feeling distant and starts arriving as supply chain disruptions, rising prices, fear, and renewed stories about enemies and allies. Nate walks through five questions that move from the practical to the interior. He begins with the gap between what is essential...
info_outlineOn this episode, Nate is joined by investment strategist Lyn Alden to discuss how energy and technology have shaped our monetary system and current financial trends. While more people are becoming aware of energy’s foundational role in our global systems, it is still widely overlooked, especially among those working in finance. In contrast, Lyn’s biophysically rooted analysis of macroeconomic patterns expose the cyclical dysfunction of the world’s economy. How has increasing energy availability and productivity offset the inflationary nature of fiat currencies - and what happens if this trend were to slow or reverse? What assumptions and biases have led most analysts to mis-read long term trends, leaving us with vulnerable economies? Is it possible to rejigger our systems and innovate more biophysically aligned tools to enable a smoother transition into a future with a lower energy throughput?
About Lyn Alden:
Lyn Alden is an independent analyst and founder of Lyn Alden Investment Strategy with a background in engineering management. Her work provides institutional-level research in plain English, so that both institutional investors and retail investors can benefit from it. Lyn also serves as an independent director on the board of Swan.com and as a general partner at the venture capital firm Ego Death Capital. She is the author of the 2023 best-selling book Broken Money about the past, present, and future of money through the lens of technology. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics, systems engineering, and financial modeling. She worked for over a decade as an electrical engineer at the Federal Aviation Administration’s William J. Hughes Technical Center.
For Show Notes and More visit: thegreatsimplification.com/113-lyn-alden
To watch this video episode on Youtube → https://youtu.be/JTbZaSL1pHI