MacroVoices #319 Jim Bianco: The Future of Decentralized Finance
What's Next for Treasury Bonds?
This week's feature is micro strategist, jim bianco. He says fixed income bonds are really kind ofa lousy design in terms of doing what they do. The day is coming where almost all bonds become obsolete the way travel agencies became obsolete with the internet. And i think that bonds are going to go out of business first in the dfi revolution. That could mean that treasuries as a reserve asset for central banks could just go completely out of fashion.