
MI272: The Crisis Isn’t Over: The Case for Deflation w/ Jeff Snider
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
The Debt Ceiling and Treasury Bill Prices
Treasury Secretary Janet Yellen says the US could run out of money as soon as June. What is that being shown in these yield curve inversions as well? Or, and I guess what do you think is the likelihood that this could happen? Well, I mean, we've seen that ceiling in passes before, I think notably in 2011, which is somewhat similar to what we're facing today. You had a banking crisis back then too. And it just made the bad situation worse. So I think that's kind of what we've got right now. The debt ceiling to me is not a primary problem. It will get resolved at some point, but it's another unnecessary really,
Transcript
Play full episode