The Fed has lost control of inflation. They will be forced to ease again into an inflationary environment to *hopefully* avoid mass defaults.
This has been the Bitcoin thesis since the genesis block. You can’t taper a ponzi and you can’t make the money good again.
What if I give you 100% of the original value of your existing bonds?
Please Login to reply.
Then the real interest rate will still be negative after inflation kicks up again
That move was the single greatest accelerationist move in the eyes of the bond normies. Fiat is a vegetable after that central planning stroke of fascism. Rip.