The Austrian economists talked about this a lot. The economy is far too complex to be predicted using models. Every individual living in society is unique and impossible to predict with complete accuracy.
If Fed starts to show true data, then no one is going to buy their shitty bonds.
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But if bonds are risk free, who will buy the bonds? nostr:npub1u87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qam93f7
Or in other words
Buy the bonds or else toxic! 😤
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