‘Nothing Stops This Train’: US Fiscal Deficits Drive Bitcoin’s Case As A Hedge, Says Lyn Alden
Economist Lyn Alden warns that U.S. fiscal deficits are an unstoppable force, driving demand for scarce assets like Bitcoin (CRYPTO: BTC) and gold.
What Happened: Speaking at Bitcoin conference 2025 last week, Alden popularized the phrase “nothing stops this train”—borrowed from the show Breaking Bad—to describe a fiscal trajectory that, in her view, is now governed by both mathematical inevitability and political intransigence.
“We’re in a system where the brakes are gone,” she said. “Raising interest rates only accelerates the federal deficit faster than it slows private borrowing.”
Using historical data, Alden demonstrated how federal deficits used to rise during recessions and shrink during recoveries.
That relationship broke down after 2017. Since then, unemployment has remained low while deficits have ballooned, reaching …
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