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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Negative Yield of Federal Government Debt
Would you buy a 100 year bond from the federal government? If I was a foreign government, yes. What interest would you need to get paid on that to take that on? Probably 1 to 2% for 100 years. So, it would be downside protection. You just feel like this is a secure place to put some amount of money. This is how any country with a turbulent currency would make this decision.
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