4min chapter

Coin Stories with Natalie Brunell cover image

Greg Foss Macro: Bitcoin Because It's Just Math

Coin Stories with Natalie Brunell

CHAPTER

The Fed Funds Rate Is the True Discount Rate for the Whole World

The united states fed funds rate basically sets discount rates for the entire world. The difference between the nominal yield, which is three %, and the c p i nine point one %, gives you a negative real yield of over 6%. Anyone who owns a fixed income instrument oght to own, or earn, rather, a negative six% annualized real yield? Well, they've lost the plot.

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