What Happens Now With These Massive Government Expensions?

Big coins rise as a macro asset becomes pretty compelling if you have this type of backdropy i was looking at real rates yesterday, and they're down to the lowest levels that they reached in the 19 seventies. And so you're dealing with effectively a confiscation, a luke roman calls it monetary repression. It's basically a situation in which if you hold dollars, you're a big loser. The yield on the debt has not increased to account for the fact that there's a massof inflation spike.

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