May 19, 2024 The topic for this issue focuses on when and how the bond market lost its predictive power regarding the economy and inflation. This is relevant because the bond market is enormous, and serves as a core asset class for central banks and for investment portfolios. Recently published content: Most Investments are Actually […]
People fail to understand we are in fiscal dominance rather than monetary dominance now and interest rate increases wont throttle inflation. Interest rate increases can actually create inflation now because that money is printed and paid to bondholders who then use it in the actual economy therefore creating more money chasing the same amount of goods , therefore inflationary. this is like the 40s not the 70s.