I don’t see how the fed doesn’t print. If rates are cut, who would buy the low interest debt? Its a conundrum.
#Debtspiral
#Triffinsdelimma
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nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l listened to you on WBD. Good listen. But seemed like you disagreed with Luke Gromen that after reducing DXY, govt will cap yields. I was curious how you see govt managing debt financing with rising rates, having to roll over $8T? of bonds and deficit at $2T currently
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