6min chapter

Blue Collar Bitcoin cover image

BCB105: PRESTON PYSH: Navigating Economic Turbulence, Fragile Bonds & The Rise of AI

Blue Collar Bitcoin

CHAPTER

How to Trade Bonds and Make Money

For the last 40 years, bonds have just gone up in value and you could have been a ham sandwich and been a bond trader and made a ton of money. So what I want to demonstrate is everybody knows interest rates went down for 40 years from 1980 till basically 2020,. Let's say it's gone down and it's down to 5 percent. And now that bond is worth 1,077. You're up 47 percent on that bond going from a six, what used to be a 6 percent yielding bond to 1 percent. Now all of a sudden, you have deflection in the bedrock of the entire global economy and you've built this massive city on top of that bedrock, which

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode