The Importance of Gaslighting the Bond Market

Since 1851 out of 52 countries that have ever reached 130% debt to GDP defaulted, whether through soft default or hard default. Of course, policymakers won't be able to keep up the charade for long. And Bitcoin's a leader on that list. That's where this thing could move at the margin in ways that may make heads explode. It leaves one option as you've outlined, and that's going to have consequences for the biggest market on Earth.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app