From what I've read, she seems level-headed and thorough, and she's got both data and logic to back up her assertions. WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at and market anal. Published June 2021. Lyn Alden joins the Macro Monday show with Dave Weisberger and Mike McGlone. This show, the first in a series of three shows, delves into the history of money: the concept of money as a ledger, its different forms throughout history, as well as the properties that make a commodity suitable for use as. Source:. She is best known for her investment researchs. ) This 136 page PDF book covers my specific approach. Bitcoin ( BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action. This site provides equity research and investment strategies to give you the insight and data you need for managing your money through all market conditions. Lyn Alden's new book, Broken Money, offers a groundbreaking and unique perspective on the evolution of monetary technology. -Lyn Alden, February 28th 2021 premium report. Lyn Alden on X: "I've seen a lot of people critique proof-of-stake but I've not seen many people point out that stablecoin custodians can basically decide the outcome of a hard fork. In the wake of the FTX/Alameda collapse, which came after prior collapses of Luna, Celsius, Voyager, and Three Arrows Capital, many crypto industry analysts have pointed towards DeFi (“Decentralized Finance”) as a potential solution. Before. We talk about the ramifications in terms of continuing high inflation, the bankruptcy of government agencies. I have several percentage points of my portfolio in gold stocks, with a focus on large producers, diversified streaming/royalty companies, and ETFs that give me access to a basket of stocks. She is famous for her signature ballads, "Could I Be Your Girl" and "Insensitive", which is her biggest hit to date, [2] as well as other ballads, such as "Cherry Popsicle" and "I Would Die For You". Early Life. On one hand, there are real scientific innovations- new developments that allow us to tap into denser energy sources and increase productivity to improve most peoples’ quality of life. One of the leading figures in the cryptocurrency industry, Lyn Alden, founded Lyn Alden Investment Strategy and is a member of the Swan Bitcoin board of directors. After that, in 2010, she received her Bachelor of Science in Electrical and Electronic Engineering from Penn. Skip to main content (888) 486-3939 [email protected] Toggle navigation. She also states that she and her mother. Lyn Alden is an investment researcher, content creator, and Founder of Lyn Alden Investment Strategy, a highly-regarded equity research and investment strategy firm. Think Apple, American Express, UPS, and Home Depot. “Nassim I've not bashed you or said anything negative about you. Other than this, she is also a renowned social worker. Search & Listen to all the podcasts interviews of anyone on. Lyn Alden is an independent investment and macroeconomic analyst that provides research for retail and institutional investors at lynalden. 0 coins. (Part 2/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lyn Alden, Founder of Lyn Alden Investment Strategy, who says that the price of money in the U. 95. Lyn Alden: Revisiting Inflation/Deflation Signals November 24th, 2021 Erik: Joining me now is Lyn Alden, founder of Lyn Alden Investment Strategy. At the current time, I view Bitcoin as an asymmetric bet for a small part of a diversified portfolio, based on a) Bitcoin’s demonstrated network effect and security, b) where we are in Bitcoin’s programmed halving cycle, and c) the unusual macro backdrop that favors Bitcoin as a potential hedge. 19 Reviews. Bitcoin could be, perhaps should be, a global-game-changer. Lyn Alden @LynAldenContact. (born October 14, 1997) is an American football wide receiver for the New Orleans Saints of the National Football League (NFL). Insider Login; Who We Are . Nicole Drinkwater was born on April 05, 1991. I hate clutter, and don’t like using a lot of apps or having a lot of memberships or accounts. Lyn has a Bachelor’s degree in electrical engineering and a Master’s in engineering management. In the conversation, they discussed the curre. Lyn is an investment strategist at Lyn Alden Investment Strategy. 00:00:00 01:01:33. [2] After ending her pornography career, she began using her full. Lyn Alden is an American engineer, private investor, and author best known as the CEO and founder of Alden Investment Strategy back in December 2016. TV Shows. This interview is the second of three shows where we discuss Lyn’s amazing new book: Broken Money. She celebrates her birthday on every 4th day of November each year. Following her participation in the pageant, Halima received national attention and was signed to IMG Models. Opening accounts with institutions is a permissioned activity. The argument suggests that because the Bitcoin network is continually reliant on new people buying in, that eventually it will collapse in price as new buyers are. As an avid reader of all things finance, I have to say upfront that Lyn’s book is so good, I plan to read it again within the next couple of months. Lyn Alden Schwartzer is an investor, engineer, and writer. They’re less commonly found in tech stocks and some other industries. We would like to show you a description here but the site won’t allow us. This has led him to achieve the position of one of the richest persons in the world. But with her growing popularity and hard work, she will definitely have her own Wikipedia page one day. There have also been some really interesting bonds issued. Learn more about your ad choices. from the University of Illinois at Champaign-Urbana and completed her clinical residency at the University of Washington School of Medicine. Macroeconomist Lyn Alden has articulated her stance on preserving the anonymity of Satoshi Nakamoto, the creator of Bitcoin, in a series of posts. The housing market has slammed shut. The What Bitcoin Did Podcast is a tri-weekly Bitcoin podcast where host Peter McCormack interviews experts in the world of Bitcoin development, privacy, investment and adoption. She earned a bachelor’s degree in electrical and electronics engineering. Lyn Alden is a full-time investor and independent financial analyst. It’s nothing more than a post-pandemic transitory. Home;. Recently, highly respected equity research analyst and investment strategist Lyn Alden talked to Emmy-winning journalist Natalie Brunell about Bitcoin. On this episode of The Your Life! Your Terms! Show we catch up with Lyn to get her thoughts on finan. Broken Money is a sweeping and lucid account of the evolution of the modern financial system that reminds us that money is fundamentally a. Lyn Alden is an American engineer, private investor, and author best known as the CEO and founder of Alden Investment Strategy back in December 2016. . Educational Qualification. While S&P 500 declines were moderate, bond prices fell rapidly along with stocks, and. On this episode of The Your Life! Your Terms! Show we catch up with Lyn to get her thoughts on finan. stocks, or mid-cap stocks, for example. Lyn Alden a man or a transgender person is quite a controversial topic. Lyn Alden came to the world of finance via an engineering background and now runs a highly-regarded equity research and investment strategy firm. Lyn Alden has a background in engineering and engineering management,. The strength or weakness of the U. She received her Ph. pdf. She also works at ego death capital as an advisor and Is a board director of Swan. Lyn Alden Biography and Wiki. Listen to all 40 interviews on OwlTail. The supply of goods and services was disrupted, but so was demand for many of those things, with people isolating at home. Add photos, demo reels. Lyn got a student loan worth $50,000. Lyn Alden Wikipedia, transgender, guy, gender, net worth, Twitter, husband, biography. See your mutual connections. That might not seem like a lot, but if you have $250,000 invested in it, that comes out to $875/year in management fees. Lyn Alden's new book, Broken Money, offers a groundbreaking and unique perspective on the evolution of monetary technology. On the other hand, she isnt dating anyone at the current time. Download StockDelver. The second number in orange is the amount of new bank loans as a percentage of GDP. This makes many houses too expensive for new buyers, and/or eats heavily into their other monthly spending. By. Lyn Alden News. She received her PhD from the University of Illinois-Urbana under the research supervision of Donald Peterson, and completed her clinical psychology internship at the University of Washington School of Medicine under the supervision of Joseph Becker. 2) For slow growth companies, so you can maximize your returns from a combination of dividends. Join the new premium research service for timely deep-dive analysis of high-conviction investment opportunities. Founder of Lyn Alden Investment Strategy. Link in. With a background blending engineering and finance, Lyn uses a dispassionate long-term quantitative and qualitative approach to filter through the noise and find value in stocks and markets around the world. View mutual connections with Lyn Sign in Welcome back Email or phone. What are the main reasons why you are bullish on Bitcoin? “The first reason is, that, Bitcoin has. The oil and gas sector has been one of the most disliked and out-of-favor sectors among investors for a while now. 6%. 6 million. For example, if you invest $1,000 into something and it pays you back $80 each year, it’s an 8% rate of return. Soon, they were in a relationship, which continued till. It focuses on fundamental investments, with a focus on. She is the founder of Lyn Alden Investment Strategy. com , she completed her bachelor’s degree in electrical engineering and master’s degree in engineering management with a major in engineering economics and financial modeling. Her perspective is that of an engineer evaluating a new tool that has come on the market. Bitcoin: Addressing the Ponzi Scheme Characterization. If you are viewing the article Lyn Alden Wikipedia, Transgender, Guy, Gender, Net Worth, Twitter, Husband, Biography at in. . This article draws mostly from chapter 8 of my new book, Broken Money. Lyn Alden is probably one of the wisest, most knowledgeable people you can get advise from. If you are a pure Boglehead then you will probably appreciate the retirement portfolio she tracks in her newsletter. 9:06 PM · Oct 12, 2022. In addition, many Wall Street funds are limited to a single niche, like U. Lyn Alden Atlantic City, New Jersey, United States. Help contribute to IMDb. Registered users will find the download link in your research roundup email. In contrast, buying shares of a dividend stock once. It’s also available in a special hardcover edition with a cloth cover and dust jacket on The Saif House. At the current time, I view Bitcoin as an asymmetric bet for a small part of a diversified portfolio, based on a) Bitcoin’s demonstrated network effect and security, b) where we are in Bitcoin’s programmed halving cycle, and c) the unusual macro backdrop that favors Bitcoin as a potential hedge. Narrated by: Guy Swann. They lived in shelters, motels, and even a car for a time. Federal Reserve is now operating at a financial loss, and is months away from having negative tangible equity for the first time in modern history. The final section focuses on the macroeconomic picture, and provides an update on the US economic cycle. She lives in New Jersey, in a modest home, and owns cars. Dawn Lyn Nervik was born in Los Angeles, California, to Carolyn Stellar and Rik Nervik. With a nominal GDP of over $20 trillion, for each 5% of foreign exchange reserves as a % of GDP they want to have, the United States would need to print and spend over $1 trillion. WBD361: The Truth About Bitcoin's Energy with Harry Sudock. Lyn has prepared a slide deck to accompany today's interview. Analyst, ElliottWaveTrader. Lyna Perez Age and Birthday. First up, Lyn Alden. Agent info. She has a Bachelor’s Degree in Electrical Engineering from Pennsylvania State University and a Master’s Degree in Engineering Management from Rowan University. Zach Weissmueller | 11. Alden Global Capital is a hedge fund based in Manhattan, New York City. Digital Alchemy: A Post-Mortem of the Crypto Crash. Published December 2022. And the title of Lyn's slide deck, which I strongly encourage you to download is Fiscal Dominance. By. Their short-term interest rate is the furthest below CPI since 1951: Just yesterday, the Fed increased their rate by 0. Lyn provides market research to thousands of individual investors and professionals, with a focus on fundamental investing with a global. Starting in 2017, in order to preserve capital, I dialed my equity allocation down to 60% (40% domestic, 20% foreign) and increased allocations to short-term bonds and cash to 40%. Analyst, ElliottWaveTrader. In fact, it says it all. Registered users will find the download link in your research roundup email. Lyn Alden is an American engineer, private investor, and author best known as the CEO and founder of Alden Investment Strategy back in December 2016. In this show, we explore the concept of hard money, the ascendancy of paper money and the transition from gold-backed currency to fiat currency. WBD343: The Truth About Inflation with Lyn Alden. The first number in blue is the fiscal deficit as a percentage of GDP. It’s often criticized for using too much energy, or not making efficient use of its energy, or in extreme cases, being an outright climate/energy disaster. Lily Tomlin is an actress and comedy legend known for roles on television shows such as 'Laugh-In' and 'Grace and Frankie,' and films such as 'Nashville' and 'Nine to Five. As for the tranny stuff, I'll give Lyn credit for not ever bringing it up or asking anyone to worship him/her because it's LGBTQ+ month or whatever. Message the Analyst. The annual rate of return of an investment is equal to the amount of money it earns in a year divided by the original investment. When Lyn comes on Bankless, you know it’s because Macro is confusing, and we need help navigating these chaotic waters. ”. The investor’s personal life gained attention after she was published in several prestigious magazines. Lynn Alden is clinical psychologist and a Professor of Psychology at the University of British Columbia. Lyn writes about investing in a deep and comprehensive fashion. Lyn Alden does a fine job of placing Bitcoin in larger contexts: technological, historical, economic, political. WBD378: Nassim Taleb’s Bitcoin Black Paper with Lyn Alden. Lyn Alden. 7 Mar 2021 · 8 min read. Visit megaphone. WBD343: The Truth About. Lynn Alden Schwartzer was born in the United States. Biography & Wiki Quick Summary. 4% for the market weight index, which adds up to a lot more than it sounds. Login Let's Get Started. Although Alden’s daily assignments rated high on the exposure-to. . Her Website. In 2017, Austria issued a 100-year bond, payable in 2117, with an interest rate of only 2. She is the younger sister of Leif Garrett. Lyn Alden’s Premium Stock Research Service is an investment advisory focused on fundamental investing with a global macroeconomic overlay. She has been performing investment research for over fifteen years in various public and. Stock Waves. Lyn Alden Biography and Wiki. Brazil’s Rate Is Headed to 14% From Just 2% in Depth of Pandemic. “Japanification” in the economic sense refers to the stagnation that Japan’s economy has faced over the past three decades, and is typically applied in reference to the concern among economists that other developed countries will follow along the same path. S. Lyn Alden Biography Family and Education2 Gold Stocks I’m Buying For 2022. The. She also had minor roles in various B movies. Lyn Alden, a renowned investor and financial analyst, has garnered a reputation for her insightful analysis and expertise in the field of finance. She has also made a significant amount of money from her own capital investments, including into cryptocurrency. If Bitcoin drops in market share to just 10% of cryptocurrency usage, and cryptocurrencies only account for 1% of GDP in ten years, and M. Lyn Alden is the author of Broken Money (4. Lyn Alden Schwartzer: Nickname: Lyn: Profession: Investor, writer, analyst, engineer, and famous personality: Age: 34 [as of 2022] Date of Birth: 1988: Birthplace:. Lyn Alden: Shifting from Monetary to Fiscal Dominance Feburary 25th, 2021 Erik: Joining me now is Lyn Alden, founder of Lyn Alden Investment Strategy. Lyn Alden is an investment strategist with a background in engineering and finance. He played college football at Kentucky where he was the team's starting quarterback for seven games as a junior and was drafted by the Las Vegas Raiders in the third round of the 2020 NFL Draft. Think Apple, American Express, UPS, and Home Depot. If that’s the case, then my book StockDelver will be of use to you, if you like investing in individual stocks. Lyn seems cool anyway, actually passes reasonably well and is pretty smart (which is all that's particularly relevant). Lyn Alden Wikipedia, Biography, Age, Husband, Net Worth WIKILIV. WBD364: El Salvador Macro Outlook with Lyn Alden. I hate clutter, and don’t like using a lot of apps or having a lot of memberships or accounts. Some Interesting and unknown things about Artist Lyn Alden is a Crypto Counselor, Electrical Engineer, Writer, and Investor. Alden Global Capital. Biography. Lyn and her mother faced significant challenges, experiencing a life of poverty, living in cars, and being homeless for a considerable period. Stansberry Research/YouTube We adhere to strict standards of editorial integrity to help you make decisions with confidence. This interview is the second of thr. WBD355: ESG, Tesla and Energy FUD with Lyn Alden. She also shares her thoughts on 60/40 portfolios and emerging markets. And I show a real-money model portfolio. She is not married and currently focusing on expanding her wealth. Full Bio. New Jersey. 5%. 2023: November 2023: The Monetary Gates are Open October 2023: Rising Instability August 2023: Six AI Themes to Consider July 2023: Fiscal Dominance April 2023: Navigating […]The world now has $250 trillion in global debt and growing. Her full name is Lyn Alden Schwartzer, while her zodiac sign remains unknown. Lastly, the portfolio rounds out its diversification with 26% in bonds, 7% in gold, and 7% in real estate equity trusts (REITs). Exploring the Se*uality and Wikipedia Bio. She is a well-known figure in the cryptosphere. She prefers a fundamentally strong company that supports technical as well. It’s a PDF book that comes with a set of Excel spreadsheets for stock valuation, and thousands of investors find it useful in their endeavorsUpdated 21 March 2023. Latest Article: The poor tax haul here in April has moved forward the United States’ debt ceiling deadline. In this conversation, she and NLW discuss: Anti-deflation vs. coupert. 2023 4:25 PM-Lyn Alden, July 2019. and did a part-time job to pay her college fees. There are so many mysteries that draw us into Bitcoin. Graphs. This new series will only feature blogs that, in my view, are truly outstanding in terms of quality and offer valuable content. The gender identity of Lyn Alden, whether male or transgender, has sparked controversy. When we analyze the long-term potential of digital assets like bitcoin today, either from a bullish angle or a bearish angle, history can indeed be one. Perez is 27 years old as of 2019, she was born on 4th November 1992, in Miami, Florida, United States of America. About What Bitcoin Did. Peter Berlin. She is a famous personality as she gives her precious advice for investing. The European Central Bank is Trapped. Lyn Alden is known for her work on The Paradigm of Money (2021), The Rebel Capitalist Show (2019) and Boxes and Lines (2019). High-yield stocks are commonly found in energy, real estate, utilities, consumer products, and a few other sectors. WBD378: Nassim Taleb’s Bitcoin Black Paper with Lyn Alden. Pleas for inclusion aired at transgender discussion in Gilford. #9 Jan 4, 2023. He has. The gender identity of Lyn Alden, whether male or transgender, has sparked controversy. However, one can gain a brief insight into her biography through this article. She also had minor roles in various B movies. is controlled by 12 people. As of [2023], she will be 35 years old. T. Developed countries tend to have the biggest stock markets, and thus larger market capitalization. 5) The average wedding in the United States costs over $33,000 according to the Knot and other surveys. She has been performing investment research for over fifteen years in various public and. She weighs around 50 Kg. Lyn is now single. Alden is an investor, engineer, internet personality, and writer. 06/08/2023 by Lê Văn Tám. Lyn Alden Schwartzer, Age, Bio, Wiki, Height, Net Worth, Husband. Why Our Financial System Is Failing Us and How We Can Make It Better. A Century of Fiscal and Monetary Policy: Inflation vs Deflation. . 95 per month after 30 days. Lyn Alden helps people invest in stocks. Millions of machines are using electricity to apply processing power to guess the answer to cryptographic puzzles left by the most recent block. Tom Sizemore’s family deciding end of life matters, today’s report says; Myles Garrett Biography, Age, Height, Partner, Net Worth, FamilyOn Monday (June 20), highly respected equity research analyst and investment strategist Lyn Alden explained why she believes that Bitcoin is “true innovation”. Lyn Alden Schwartzer is a successful business person, engineer, and author who was. Lyn Alden 0:00 Most of the fourth turnings were actually all the fourth turnings basically happening at major long term debt cycle changes as Ray Dalio would refer them to. Born as a man and got an operation to look more like a woman. Companies you know. On gold, real rates will continue to be the dominant driver in 2021, and has been one of the main forces behind a lower gold price in the last few months, Alden said. She has written a number of educational e-books including Stock Delver, and is an investor in various cryptocurrencies. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. Why. WBD355: ESG, Tesla and Energy FUD with Lyn Alden. Celeb Zone. She is also a successful investor and writer. 1% of the world’s energy - 140 TWh/year of the 1700,000 TWh/year consumed by the total world. Actor; Actress; YouTuber; Instagram Star; Football Players; Musician; Pop Singer; Popular Bio; Thursday, 23 November, 2023. . Work is the arbiter of truth, in this case. She is currently working as a real estate agent in Auckland city. Although technology is inherently futuristic in nature, the problems that technology can solve. Energy 2020, DOI: 10. In my view, the big debate between fiscal policy and monetary policy, or inflation vs deflation, mostly comes down to looking at a long enough historical timeline to. Length: 17 hrs and 31 mins. . The monthly cost of the same mortgage now at 6% is $1,799, which is 39% higher. She was born in New Jersey, USA. His concentration, dedication, and hard work have assisted him to get this position. The yield on the 10-year Treasury note hit a 16-year high last week, climbing to 4. A stronger dollar generally impedes growth, while a weaker dollar boosts it. Lyn Alden: Our Money Is Broken "At its core, money is a ledger," writes the investment analyst in her new book, Broken Money. Visit Amazon Author Central. If you make a requirement that, for example, every stock you pick has to have a 4% yield or higher, you’re. Biography. It is 46% US stocks, 25% exUS stocks, 29% bonds/cash. How it started vs how it's going a day later. She focusses on value investing with a global macro overlay. In October 2021, Lyn Alden, renowned macroeconomic thinker and investor, joined Forward Guidance for its first episode to argue that the sovereign bond marke. But first, it examines inflation and interest rates, since those numbers are directly and indirectly leading people to have such high equity allocations. (If you own one of the older versions of StockDelver, you can enter the product code from the last page of the instruction guide into the payment form below to get $10 off, and thus only pay for the new material. Sally Ridge is a popular American based interior designer, television personality and socialite. This draining of liquidity has sucked cash out of smaller banks at a faster rate than large banks, which didn’t really happen during the 2018-2019 period of quantitative tightening. Help us improve our Author Pages by updating your bibliography and submitting a new or current image and biography. Connect with Lyn: On Twitter. To hear more of Alden’s views on Bitcoin’s political and energy challenges, watch the above video. It goes against human nature to stand. Lyn Alden. Latest Interviews. 50 avg rating, 6 ratings. Her new book, "Broken Money," is now available at peak estimated consumption, the entire Bitcoin network used less than 0. SHOW NOTES:Alden is a macroeconomist and investment strategist. . Conclusion: People are inquisitive about Lyn Alden’s sexu@lity, thus she’s a popular online search. She has an online business and also owns a company. 6 million as of 2023. . com's Lyn Alden Author Page. Bio. Published February 2023. Within a decade Lyn Alden reached a net worth of $5 Million. She graduated from Penn State University with a Bachelor’s in Electrical and Electronics Engineering and later got. Menu. Mini Bio (1) Lyn Alden is known for her work on The Paradigm of Money (2021), The Rebel Capitalist Show (2019) and Boxes and Lines (2019). There’s the energy crisis engulfing Europe and beyond, while supply chains have reached an. Lyn Alden Wikipedia. Join Facebook to connect with Lyn Alden and others you may know. Found this site randomly, Lyn Alden is generally my hero. Lyn Alden Schwartzer (b. Please note that due to the large quantity of. Lyn Alden Biography Family and Education. This is mostly supported by futures pricing. Lyn Alden, also known as Lyn Alden Schwartzer is an American Investor, investor strategist, Engineer, and Author. 3. Money. She founded Lyn Alden Investment Strategy in 2016. Lyn is now single. One of the leading figures in the cryptocurrency industry, Lyn Alden, founded Lyn Alden Investment Strategy and is a member of the Swan Bitcoin board of directors. My background lies in the intersection of engineering and finance. Alden recently launched a premium stock research service, likely due to the interest in her investment coverage and recommendations, Lyn Alden Net Worth. Macroeconomic factors to be aware of, along with asset allocation ideas. 1990) is an American investor, engineer, and writer famously recognized for founding the Lyn Alden Investment Strategy in December 2016. Finance/Engineering blended background. Lyn Alden: Energy, Inflation, The Dollar & More July 14th, 2022 Erik: Joining me now is Lyn Alden, founder of Lyn Alden Investment Strategy. 5 trillion, M is 20 million bitcoins in existence by then, and V is 10, then due to the Bitcoin = T/ (M*V) equation, each bitcoin should be worth $22,500 by then. She mainly focuses on financial modelling and macro economics to guide her investing strategy. Before founding her own company, Lyn worked with William J Hughes Technical Center primarily as a lead electronics engineer Lyn Alden’s bio has not been featured on the web yet. com. With a keen eye for detail and a deep understanding of macroeconomics, Alden has become a prominent voice in the investment community. On this week's episode of Swan Signal, Sam sat down with the brilliant Lyn Alden for a wide-ranging discussion. Access Is Lyn Alden Trans Age November 2023 - Technology Reviews Online Portal. Top Resources. So that’s that’s the more financial or quantitative background of what happens. Lyn always brings incredible clarity to current events. Inflation is a controversial and complex topic. 1038/s41560-020-0645-2). Published November 2020. 19K followers 500+ connections. 06/08/2023 by Lê Văn Tám. And yet, the. This resulted in significant realized capital gains, which are taxable. Lyn Alden is a writer, internet personality, and investor. 8 million. 5%. She argues that the Federal Reserve makes it nearly impossible for banks to hold the bulk of their customers’ deposits in cash because. she has data that she steals, and talks about it without actually understanding it Her. And then in early 2020, the pandemic hit, and economic lockdowns followed, including both government-mandated lockdowns and self-imposed lockdowns.