Understanding he likely has few fans on this protocol, Nouriel Roubini, along with Stephan Miran, has published a paper that explains in great detail the ultimate in fiat games Treasury is playing with debt issuance. Having read this, I can’t understand how he doesn’t see how Bitcoin contributes to fixing the problem. Nonetheless, that problem is laid bare in this paper. There’s also a podcast on Forward Guidance / Blockworks.

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/635102_Activist_Treasury_Issuance_-_Hudson_Bay_Capital_Research.pdf