MacroVoices #367 Luke Gromen: USD Update in the Wake of SVB Collapse
Macro Voices
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What's Going on With US Treasury Bonds?
The last place you want to have your money in a war is bonds, Tattersall says. War is inflationary and the US deficit as a percent of GDP rose by 25 percentage points during World War II; we're already at 8%. "I don't know how any of this stuff is going to work out China, Russia, US," he adds.
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