US appears to be drifting towards soft YCC: good for borrowers and asset owners; bad for savers.
Capped yields + inflation = negative real returns on bonds/cash.
Middle class savers/bond-holders gets destroyed more.
Better get some sats.

US appears to be drifting towards soft YCC: good for borrowers and asset owners; bad for savers.
Capped yields + inflation = negative real returns on bonds/cash.
Middle class savers/bond-holders gets destroyed more.
Better get some sats.
