Lyn Alden, founder and CEO of Lyn Alden Investment Strategy, has issued a stark warning about the slow collapse of the global financial system, highlighting rising inequality and unsustainable sovereign debt levels. Alden points out that currency debasement is a structural issue affecting the cost of living worldwide, with inflation disproportionately impacting those unable to short the currency. This systemic inequality is exacerbated by the financial system's design, which favors wealthier individuals. Alden explains that the current monetary system, which evolved from a gold-backed system to fiat money, is a relatively recent experiment fraught with instability and systemic risk. The transition to digital ledger systems has fundamentally changed value storage and transfer, increasing reliance on intermediaries and highlighting the fragility of modern financial systems. She emphasizes that understanding the mechanics of money creation and the historical context of currency systems is crucial for grasping the broader economic picture.